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Ray Algar to explore the future of mid-market gyms at LIW 2015
POSTED 16 Jul 2015 . BY Jak Phillips
In his session, Algar will explore how mid-market brands are redefining themselves to remain relevant in an evolving industry
Fitness industry analyst Ray Algar will deliver a keynote session at Leisure Industry Week (LIW) 2015, exploring what the future holds for the ‘squeezed middle’ of the gym market.

Algar, whose attendance underlines the new LIW owners’ commitment to providing quality educational sessions, will outline his latest research in a presentation called What is the future for clubs that operate and believe in the mid-market?.

Having documented the inexorable rise of low-cost gym brands over the past decade and subsequent emergence high-end specialised boutique gyms, Algar is well-placed to examine the impact of this pincer attack on traditional mid-market clubs like Fitness First and soon-to-be-sold LA fitness. In his session, the MD of Oxygen Consulting will explore how mid-market brands are redefining themselves to remain relevant in an evolving industry and trying to safeguard a sustainable future.

According to Algar, the session will cover:

• Insights into how the industry is forking along two distinct pathways – self-service and supported.

• How to understand the strategic implications for club brands operating in the mid-market.

• Explore how a mid-market club is growing while facing intense competition from budget gyms.

“The market has moved on significantly since LIW launched in 1989 and like all other industry stakeholders needs to evolve,” Algar told Health Club Management.

“I am pleased it is being refreshed under new owners and believe the educational programme should as much be a part of the visitor experience as the exhibitor halls.”
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NEWS
Ray Algar to explore the future of mid-market gyms at LIW 2015
POSTED 16 Jul 2015 . BY Jak Phillips
In his session, Algar will explore how mid-market brands are redefining themselves to remain relevant in an evolving industry
Fitness industry analyst Ray Algar will deliver a keynote session at Leisure Industry Week (LIW) 2015, exploring what the future holds for the ‘squeezed middle’ of the gym market.

Algar, whose attendance underlines the new LIW owners’ commitment to providing quality educational sessions, will outline his latest research in a presentation called What is the future for clubs that operate and believe in the mid-market?.

Having documented the inexorable rise of low-cost gym brands over the past decade and subsequent emergence high-end specialised boutique gyms, Algar is well-placed to examine the impact of this pincer attack on traditional mid-market clubs like Fitness First and soon-to-be-sold LA fitness. In his session, the MD of Oxygen Consulting will explore how mid-market brands are redefining themselves to remain relevant in an evolving industry and trying to safeguard a sustainable future.

According to Algar, the session will cover:

• Insights into how the industry is forking along two distinct pathways – self-service and supported.

• How to understand the strategic implications for club brands operating in the mid-market.

• Explore how a mid-market club is growing while facing intense competition from budget gyms.

“The market has moved on significantly since LIW launched in 1989 and like all other industry stakeholders needs to evolve,” Algar told Health Club Management.

“I am pleased it is being refreshed under new owners and believe the educational programme should as much be a part of the visitor experience as the exhibitor halls.”
RELATED STORIES
Boutique studios will transform sluggish gym sector, says Algar


Boutique fitness studios pose a significant threat to traditional gyms, which have taken their eye off the needs of consumers, warns respected fitness industry analyst Ray Algar in a new report.
FEATURE: Gymtopia series: Leaving a legacy


Ray Algar reports on the health club chain giving young homeless people a future, thanks to the legacy of Baron Carl Gripenstedt
2015 to be the year of gym innovation, predicts Ray Algar


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.
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
MORE NEWS
UK Active and Savanta launch quarterly consumer engagement insight
Improving physical strength and fitness, mental health and confidence are the main reasons for joining a health club, while cost, time and motivation are the main reasons for leaving.
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.
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Join us at Elevate from 12-13 June in London for a special one-off live recording of The Game Changers Podcast with Sue Anstiss, CEO of Fearless Women. [more...]

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...]
+ More featured suppliers  
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Life Fitness

The Life Fitness family of brands offers an unrivalled product portfolio, providing customers with a [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2024

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