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NEWS
2015 to be the year of gym innovation, predicts Ray Algar
POSTED 21 Jan 2015 . BY Jak Phillips
Ray Algar says 2015 will see consumers afforded wider choice and greater service as operators reinvent their offerings
Major health club brands such as LA Fitness, Fitness First, Anytime Fitness and Sports Direct will seriously innovate their consumer offering as they battle to assert themselves in a changing market, predicts a new report.

The Review of the UK Health and Fitness Industry and Outlook for 2015, published today (21 January) by respected industry analyst Ray Algar, recaps on the major shifts in the landscape over the past twelve months and anticipates what’s in store for the year ahead.

Algar says that low cost operators will likely make further inroads – with the sector’s market share rising from 23 to 30 per cent by the end of the year – but believes 2015 will be the year when the ‘squeezed’ middle market fights back.

Following on from the recent customer-focused transformations of household chains like Fitness First and LA fitness, Algar notes that the new tech-centric strategies of companies like Virgin Active and David Lloyd will bring further benefits to the consumer.

"The winner in 2015 will undoubtedly be the consumer. For those who want low monthly fees and a DIY experience, there will be much more choice,” said Algar, who is the MD of Brighton-based global fitness industry consultancy Oxygen Consulting.

“For those who pay and expect a little more, the facilities and personal services on offer should be markedly improved and in some cases transformed almost beyond recognition. 2015 will be the year of the better fitness club experience."

The report also forecasts that – with cheap borrowing unlikely to remain available for much longer – there is a good chance we will see further financial repositioning from many large operators. There is also the hint that one major gym chain, which is currently up for sale, could disappear from the UK high street entirely.

To order a copy of the report, click
here.
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Jobs    News   Products   Magazine
NEWS
2015 to be the year of gym innovation, predicts Ray Algar
POSTED 21 Jan 2015 . BY Jak Phillips
Ray Algar says 2015 will see consumers afforded wider choice and greater service as operators reinvent their offerings
Major health club brands such as LA Fitness, Fitness First, Anytime Fitness and Sports Direct will seriously innovate their consumer offering as they battle to assert themselves in a changing market, predicts a new report.

The Review of the UK Health and Fitness Industry and Outlook for 2015, published today (21 January) by respected industry analyst Ray Algar, recaps on the major shifts in the landscape over the past twelve months and anticipates what’s in store for the year ahead.

Algar says that low cost operators will likely make further inroads – with the sector’s market share rising from 23 to 30 per cent by the end of the year – but believes 2015 will be the year when the ‘squeezed’ middle market fights back.

Following on from the recent customer-focused transformations of household chains like Fitness First and LA fitness, Algar notes that the new tech-centric strategies of companies like Virgin Active and David Lloyd will bring further benefits to the consumer.

"The winner in 2015 will undoubtedly be the consumer. For those who want low monthly fees and a DIY experience, there will be much more choice,” said Algar, who is the MD of Brighton-based global fitness industry consultancy Oxygen Consulting.

“For those who pay and expect a little more, the facilities and personal services on offer should be markedly improved and in some cases transformed almost beyond recognition. 2015 will be the year of the better fitness club experience."

The report also forecasts that – with cheap borrowing unlikely to remain available for much longer – there is a good chance we will see further financial repositioning from many large operators. There is also the hint that one major gym chain, which is currently up for sale, could disappear from the UK high street entirely.

To order a copy of the report, click
here.
RELATED STORIES
FEATURE: Industry insights: Doing well by doing good


How can your business drive long-term relevance and profit by embracing a socially conscious agenda? Ray Algar reports
FEATURE: Gymtopia series: Frozen


Ray Algar reports on a pioneering fitness facility that’s been built at Antarctica’s front door
FEATURE: Gymtopia series: Never say no


Ray Algar reports on the remarkable health club in the US that’s been giving back to its community for 26 years
IHRSA 2014: Health clubs under threat from march of microgyms, says Ray Algar


Traditional health clubs offering a broad selection of activities at a mid-range price are at serious risk of having their business ‘salami-sliced’ away by specialised competitors.
MORE NEWS
Snap Fitness' holding company – Lift Brands – is up for sale
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.
Planet Fitness increases price of basic membership for first time in over 20 years
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.
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
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.
Fast Fitness Japan acquires master franchisee rights to Anytime Fitness Germany
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Empower your team, transform your service – elevate with coaching workshops
In today's competitive fitness landscape, the key to success lies not only in providing exceptional facilities but also in cultivating meaningful interactions with members. [more...]

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Places Leisure is a leading leisure centre operator with a mission to create active places and healthy people for communities to thrive. [more...]
+ More featured suppliers  
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PSLT Fitness Solutions manufacture, remanufacture and buy back commercial gym equipment. [more...]
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18-22 May 2024

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The Ravenala Attitude Hotel, Mauritius
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Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
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