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Editor's letter
Cost of living crisis

Spiking energy prices are causing havoc, but with the right investment, this disruptive time could have a silver lining as we wean ourselves off fossil fuels and liberate budget for better things


The cost of living crisis is a huge topic for debate, as the war in Ukraine and largely unchecked profiteering by energy companies collides with our dependence on fossil fuels to create a perfect storm.

We debate the challenges which lie ahead for the sector in our thought leadership feature on page 42, asking operators how their members are responding when it comes to the value they place on their health club membership.

The mood is one of cautious optimism, as it seems so far that if reductions in household budgets are needed, most people are finding other things to cut and hanging on to their gym membership.

We also look at ways in which operators could share the pain with customers, with insights into new pricing research by Leisure-net (page 52), which identifies which groups of members value their health club to the point where they would pay more for their membership.

As an optimist, I hope this energy price-shock will give those who haven’t already made the switch the impetus to move to renewables with all possible haste and also find operational ways to reduce energy usage.

However painful the next few years are as we make the transition, hopefully in years to come we’ll look back and recognise this as the turning point in the race to stop the planet from turning into a barren desert.

And let’s face it, not enough people or businesses would have ever changed to renewables or reduced their carbon-based energy use without a massive financial driver to do so – and high energy prices are now making it commercially logical to invest in alternatives to carbon fuels.

Governments around the world are bracing to intervene and support consumers and businesses with financial aid to offset energy price increases, but it’s vital we also address the underlying issue and that governments also invest in helping the transition to renewables, so we’re putting enduring solutions in place and not just creating a dependence on subsidies.

The exciting opportunity for the health and fitness industry lies in the thought that – with the right technology – we’re moving to a time when energy can effectively be free and a large proportion of the budget being burned on fossil fuels can be deployed in more positive ways to support customers, grow our businesses and make a greater impact on the health of the world.

Oil, gas and coal are such precious materials with so many critical applications in areas such as medicine and that we will look back in disbelief at the thought that we ever burned them as fuel.

Liz Terry, editor
[email protected]

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Study Active acquires Premier Global name and select branding assets
Study Active has legally acquired the name “Premier Global” and select Premier Global branding assets from Assessment Technologies Institute LLC, part of Ascend Learning in the US. [more...]

Sibec EMEA to blend fitness with luxury at Fairmont Monte Carlo
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn. [more...]
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Serco Leisure

Serco Leisure Operating Limited is one of the UK’s leading national operators of leisure centres, de [more...]
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Physical is the UK’s go-to, one-stop shop for commercial grade fitness equipment and flooring, with [more...]
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21-21 Apr 2024

Below the Belt Melbourne Pedalthon

Sandown Racecourse , Springvale , Australia
22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,
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Jobs    News   Products   Magazine
Editor's letter
Cost of living crisis

Spiking energy prices are causing havoc, but with the right investment, this disruptive time could have a silver lining as we wean ourselves off fossil fuels and liberate budget for better things


The cost of living crisis is a huge topic for debate, as the war in Ukraine and largely unchecked profiteering by energy companies collides with our dependence on fossil fuels to create a perfect storm.

We debate the challenges which lie ahead for the sector in our thought leadership feature on page 42, asking operators how their members are responding when it comes to the value they place on their health club membership.

The mood is one of cautious optimism, as it seems so far that if reductions in household budgets are needed, most people are finding other things to cut and hanging on to their gym membership.

We also look at ways in which operators could share the pain with customers, with insights into new pricing research by Leisure-net (page 52), which identifies which groups of members value their health club to the point where they would pay more for their membership.

As an optimist, I hope this energy price-shock will give those who haven’t already made the switch the impetus to move to renewables with all possible haste and also find operational ways to reduce energy usage.

However painful the next few years are as we make the transition, hopefully in years to come we’ll look back and recognise this as the turning point in the race to stop the planet from turning into a barren desert.

And let’s face it, not enough people or businesses would have ever changed to renewables or reduced their carbon-based energy use without a massive financial driver to do so – and high energy prices are now making it commercially logical to invest in alternatives to carbon fuels.

Governments around the world are bracing to intervene and support consumers and businesses with financial aid to offset energy price increases, but it’s vital we also address the underlying issue and that governments also invest in helping the transition to renewables, so we’re putting enduring solutions in place and not just creating a dependence on subsidies.

The exciting opportunity for the health and fitness industry lies in the thought that – with the right technology – we’re moving to a time when energy can effectively be free and a large proportion of the budget being burned on fossil fuels can be deployed in more positive ways to support customers, grow our businesses and make a greater impact on the health of the world.

Oil, gas and coal are such precious materials with so many critical applications in areas such as medicine and that we will look back in disbelief at the thought that we ever burned them as fuel.

Liz Terry, editor
[email protected]

LATEST NEWS
Treningshelse Holding snaps up another Norwegian fitness chain as it sets its sight on market leadership
Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening.
Missed FIBO? Catch up with the HCM roundup
The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in support of the event as its global media partner.
Andy King launches The Conveners podcast to champion the pivot to wellbeing
The fitness sector’s pivot to active wellbeing is being discussed in a new weekly podcast, called The Conveners, and hosted by chair of GM Active and director of Miova, Andy King with industry veteran, John Oxley, as a guest presenter.
Basic-Fit trials corporate wellness drive across its Spanish clubs
Basic-Fit has signed up to trial the Wellhub network across its recently expanded Spanish network, giving access to subscribers and enabling them to use all 152 of its Spanish clubs.
Go Fit CEO, Mário Barbosa, unveils expansion plans in this month’s HCM
Having redefined the model of public-private collaboration in Spain, Go Fit is now expanding into Italy and has ambitious plans to grow its estate, memberships and profits.
Planet Fitness trans locker room debacle confirms the need for industry guidelines
Planet Fitness has become the subject of a hate campaign by certain groups of consumers and seen share values slide, in the wake of a trans person having been photographed using the women’s locker room at an Alaskan gym.
Top operators gather from across Europe for EHFF
Industry experts are gathering in Cologne for today's European Health & Fitness Forum (EHFF), followed by FIBO from 11-14 April, which will feature almost 1,000 exhibitors.
Jason Worthy joins Myzone as group CEO to drive international growth
Jason Worthy has been appointed group CEO of Myzone to lead the 'next stage of growth', with current group CEO, David Stalker, stepping back to take up an advisory role.
Global summit will bring together industry leaders in health, fitness and wellness
Global publishing outfit, Leisure Media, has announced details of its new annual conference for decision- makers across the health, fitness and wellness markets. The event – the HCM Summit – will be held at the QEII Conference Centre in Westminster, London on 24 October 2024, with pre-summit events the day before.
GoCo Health Innovation City in Sweden plans to lead the world in delivering wellness and new science
A new urban city centre in Gothenburg, Sweden is in development with the aim of accelerating health innovation.
4Global and UK Active launch private sector health club benchmarking
The first annual Private Sector Benchmarking report was released today (27 March). A collaboration between UK Active and 4Global, the aim of the research is to provide accurate insight into the state of UK-based private sector health clubs.
Egym snaps up Hussle as it moves to dominate the corporate wellness market with its Wellpass product
Egym, has signalled its intention to become a dominant force in the corporate wellness sector with the acquisition of UK-based aggregator, Hussle.
+ More news   
 
FEATURED SUPPLIERS

Study Active acquires Premier Global name and select branding assets
Study Active has legally acquired the name “Premier Global” and select Premier Global branding assets from Assessment Technologies Institute LLC, part of Ascend Learning in the US. [more...]

Sibec EMEA to blend fitness with luxury at Fairmont Monte Carlo
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn. [more...]
+ More featured suppliers  
COMPANY PROFILES
Serco Leisure

Serco Leisure Operating Limited is one of the UK’s leading national operators of leisure centres, de [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

21-21 Apr 2024

Below the Belt Melbourne Pedalthon

Sandown Racecourse , Springvale , Australia
22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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