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Leisure Management
1 to 25 of 27367 stories
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Speaking to HCM for its 2024-2025 Handbook, which will be out next month, PureGym managing director, Rebecca Passmore, says the company is on track to deliver on its global expansion plans. Trading as Pure Fitness, PureGym has struck a deal with RCS Real Estate Advisors in the US for site-finding and
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QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room. Known for its picturesque
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Leisure, lifestyle, wellness and entertainment growth investor, Imbiba, has invested in boutique gym brand, 1Rebel's holding company, One Rebel Ltd, after closing a £90 million fund. The investor has provided growth capital to support 1Rebel’s ambitious plans to scale the business across the UK and grow its
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Urban Gym Group will launch PILAT3S at ClubSportive in Amsterdam next month, to create a boutique-in-gym experience. PILAT3S is the newly-launched Reformer Pilates concept from HIIT specialists, TRIB3, which features three 50-minutes classes: Tone, Align and Power and aims to take Reformer Pilates mainstream.
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The American Council on Exercise has appointed Dr Cedric Bryant as its new CEO. Bryant takes up the new position on 1 July, following on from Scott Goudeseune who has been ACE CEO for more than 15 years, overseeing significant growth. Bryant joined ACE in 2001 and is the current president and chief
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The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan. The GWI defines wellness real estate as homes and buildings that are proactively designed, built and operated to support the
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Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group. With a background in therapy and fitness training, Hawco started his wellness career with over a decade at Accor-owned Fairmont
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Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company – owner of Snap Fitness and Fitness On Demand – is up for sale. Current owner, TZP, intended to back the business for five years before exiting, but the investment has been locked in for ten years, due to the
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Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using cash. The company has also reported growth in its first quarter financial results, which showed total revenue increased by 11.6 per cent to US$248.0 million,
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Xponential Fitness today indefinitely suspended founder and CEO, Anthony Geisler, saying it had been notified on 7 May that the company is facing a legal challenge by the United States Attorney’s Office for the Central District of California. The challenge comes as a result of a filing that was first made in
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The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa. The vision behind the refresh was to create a luxurious oasis that redefines relaxation and rejuvenation for resort guests and
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Fast Fitness Japan, master franchisee of Anytime Fitness in Japan, has acquired Eighty-8 Health & Fitness, giving the company master franchisee rights to Anytime Fitness in Germany. The company, which is headquartered in Shinjuku-ku, Tokyo operates 1,100 clubs in Japan, with 800,000 members, and has been
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Xplor Technologies has unveiled a financing solution for small businesses, which aims to counter the traditional lending process and help business owners get swift access to cash. “Over the past two years, businesses have battled rising inflation and increased operating costs that have stifled growth,” said
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HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear. A California-based group of engineers and designers, Saga Holographic, have been working on the bike for three years, since coming up with the idea while cycling through the
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Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much-talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat. Janu Tokyo is only the beginning of the brand’s global expansion plans, according to Yuki Kiyono, global head of health and
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Peloton Interactive Inc is believed to be working to get its costs under control in a bid to align with the expectations of private equity investors as it considers de-listing. The company’s rollercoaster ride from a valuation of around US$50 billion at the height of the pandemic to a US$1.3 billion valuation
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Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health as part of an Optimize by Equinox membership. Priced at US$40,000 a year, in addition to a gym membership, the programme costs the equivalent of
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Having good levels of cardiorespiratory fitness cuts disease and premature death by 11 to 17 per cent according to new research from the University of South Australia (UniSA). As strength training skyrockets in popularity and gym owners respond to customer demand by removing cardio equipment to make more room
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Spanish wellness brand SHA Wellness Clinic is busy preparing to bolster its wellness portfolio in 2026 with a hyper-exclusive island wellness enclave in AlJurf, UAE. SHA Emirates Island at AlJurf – created by Abu Dhabi-based development partner IMKAN – will bring together a SHA Wellness Clinic, a health resort,
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US gym chain, Crunch Fitness, has bolstered its global expansion plans with the appointment of John Kersh as managing director of international development. Kersh has more than 25 years of experience in the fitness and franchising business, most recently as the chief international development officer at
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The historic Breakers Hotel in Long Beach, California, is set to reopen in mid-2024 as a Fairmont Hotels & Resorts property after a significant restoration and redevelopment project. The project, initially unveiled in 2022 by Accor (Fairmont's parent company), marks a strategic collaboration with Pacific6 – a
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High-end five-star hotel company Kempinski Hotels is making its mark in Vietnam with a luxury waterfront property overlooking the Saigon River. Set to open by 2026, Kempinski Saigon River – designed by Kengo Kuma & Associates – will feature 100 guestrooms and suites along with a 1,500sq m Resense Spa offering
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Moonbird is a tactile breathing coach, which provides real-time biofeedback, measuring heart rate and heart rate variability. Studies show it can reduce anxiety and improve sleep quality. Breathing is our most powerful tool to help reduce stress and anxiety. A few minutes of breathwork act as a reset button for
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Barry’s – known for its HIIT workouts combining treadmills and weights – is thought to be looking at strategic options, including taking on a new backer. Talking exclusively to HCM global CEO, Joey Gonzalez said the company is ready to resume its plans to hit the market, after its plans were stalled by COVID.
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US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a shareholder. Financial terms have not been disclosed. Headquartered in Malaga, VivaGym is a low-cost operator with 315,000 members and 104 gyms across Spain and Portugal,
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