Exercise Professionals - Orangetheory hits US$1bn revenue landmark in 2018...
17 Feb 2019 Exercise professionals: News, jobs and training
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

04 Feb 2019

Orangetheory hits US$1bn revenue landmark in 2018
BY Tom Walker

Orangetheory has grown rapidly since its launch in 2010 and currently has 1,100 studios in 22 countries

Orangetheory has grown rapidly since its launch in 2010 and currently has 1,100 studios in 22 countries

Orangetheory Fitness recorded more than US$1bn (€875m, £765m) in system-wide revenues during 2018 – a record for the franchise-based operator.

The company – which offers 60-minute HIIT sessions featuring five different exercise zones – has grown rapidly since its launch in 2010 and currently has 1,100 studios in 22 countries. It also has more than 500 studios in the development pipeline.

"By taking HIIT to a new level of performance, we have been able to take our business to new heights as well," said Dave Long, Orangetheory Fitness co-founder and CEO.

"As our growth rate continues to skyrocket, we believe we will reach our aggressive goal of operating 2,500 studios – serving 2.5 million members, worldwide – within the next five years.”

The company has ambitious growth plans for the UK market and has signed two master franchising deals for a total of 110 franchised sites, covering all of England.

It opened its first site under the new master deal in the North of England in December 2018 – a 5,500sq ft studio in Altrincham – which will be followed by a studio in Derby, scheduled to open later this year.

The group plans to have 12 sites operating in the UK by the end of 2019.



Connect with
Exercise Professionals
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Martial arts-focused gym operator HITIO signs first UK franchise deal
Martial arts-focused gym operator HITIO signs first UK franchise deal   15 Feb 2019

Fitness operator HITIO Gym has signed its first franchise agreement in the UK. The Norway-based chain, which combines a traditional gym and studio .... more>>
Everyone Active signs partnership with coaching firm Swim Smooth
Everyone Active signs partnership with coaching firm Swim Smooth   15 Feb 2019

Leisure operator Everyone Active will begin offering its members free access to a digital resource that will help develop their swimming skills. The .... more>>
MoreYoga opens Woolwich site, plans 25 more sites in 2019
MoreYoga opens Woolwich site, plans 25 more sites in 2019   14 Feb 2019

Budget yoga chain MoreYoga has opened a studio in Woolwich, London. The launch is the first of 25 planned openings for 2019 and will be followed by .... more>>
Gympass secures three-year Bannatyne extension – expands reach to all 72 clubs
Gympass secures three-year Bannatyne extension – expands reach to all 72 clubs   12 Feb 2019

Corporate fitness sales specialist Gympass has secured a three-year extension to its deal with premium fitness operator Bannatyne. The deal .... more>>
UK's first exercise referral accreditation scheme launched in Suffolk
UK's first exercise referral accreditation scheme launched in Suffolk   11 Feb 2019

Bury St. Edmunds Leisure Centre in Suffolk has become the first facility in the UK to be awarded a new quality standard for exercise referral .... more>>
Serco appoints Simon Bailey as MD of leisure business
Serco appoints Simon Bailey as MD of leisure business   11 Feb 2019

Services giant Serco Group has appointed Simon Bailey as the new managing director of its leisure business. Bailey, an in-house appointment, has .... more>>
Company profile


TVS Group

The company was established in 2009 as a specialist supplier of noise and vibration solutions.

View full profile>>

Catalogue gallery


Featured Supplier

EXF supports Third Space to create London’s largest functional training space at The Yard

EXF supports Third Space to create London’s largest functional training space at The Yard

Bespoke fitness manufacturer EXF has extended its relationship with Third Space, by supplying the luxury fitness group with London’s largest functional training rig at its Canary Wharf club. More>>




in this issue

• NHS to invest in social prescribing
• Anytime begins roll-out of new club design
• Mondrian rebranded to match iconic site



Latest jobs

Jobs Search



Personal Trainer
Salary: No Rent, Run your self-employed business outside service hours
Location: West Midlands, England
Company: The Gym Group
Personal Trainer / Fitness Trainer
Location: West Sussex, England
Company: The Gym Group
Retail Assistant
Salary: Competitive
Location: Buxton, UK
Company: Parkwood Leisure
Membership Sales Consultant
Salary: Competitive
Location: Loughborough, UK
Company: energie fitness
Diary dates
Powered by leisurediary.com




24-25 Feb 2019

International Manufacturers & Distributors Forum

ExCeL, London, United Kingdom


24-25 Feb 2019

Active Wellness

ExCeL London, London, United Kingdom



Health Club Management magazine 2019 issue 2
Health Club Management
2019 issue 2

View issue contents
View on turning pages
Download PDF
  Supplier showcase:
With a new update coming out in 2019, Myzone is set for a big year More>>
  Interview: Lynne & Victor Brick
These industry veterans are one of the largest Planet Fitness franchisees. They tell us the secret to their success More>>


Health Club Management magazine 2019 issue 1

Health Club Management
2019 issue 1

View issue contents
View turning pages
Download PDF
  Promotional feature: Core Health
Star Trac’s FreeRunner delivers a revolutionary running experience while cutting costs for owners More>>
  Training: Legal high
Altitude training is growing in popularity as the ‘train like an athlete’ trend sees more people getting serious about exercise More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd