Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs   News   Features   Products   Magazine      Advertise  
NEWS
Orangetheory sees potential for 10,000 studios worldwide
POSTED 12 Mar 2024 . BY Kath Hudson
Long says Orangetheory sees potential demand for 10,000 studios worldwide Credit: Orangetheory
Orangetheory Fitness tells HCM it sees potential demand for 10,000 units worldwide
The company has “massive expectations” for the UK and Europe
Japan is also a growth market
A merger is currently underway with Self Esteem Brands
Orangetheory Fitness has 'massive expectations' for growth in the UK and Europe and sees potential demand for up to 10,000 studios worldwide, says CEO, Dave Long, in the latest edition of HCM magazine.

“We have massive expectations for the development of Orangetheory Fitness in Europe and the UK,” he says. “I’m excited about international expansion, because that’s a decades-long project with so much we can do year after year. And I’m excited about the potential to impact more people through healthcare partnerships, by removing cost as a barrier to participation.”

Founded in 2010, Orangetheory Fitness grew to 1,000 locations by 2018 and currently has 1,540 locations across 23 countries. The lion’s share are in the US and Canada, but Long says expansion is ramping up.

There will be at least four more studios in London by the end of 2025 and 16 outside of the capital by the end of 2026. Spain is set to be the biggest growth market in Europe for 2024, with five more clubs planned this year.

“We’re eyeing two or three European cities to open flagships in 2024 or early 2025, with existing and potential new partners. For these sites, we might consider joint venturing, as they will drive brand visibility in Europe,” he says.

Slow to recover from the pandemic, Canada is now back on track, with eight to 10 locations planned and a key partner in Latin America is opening five to seven new this year.

“The other rapid growth market will be Japan," says Long. "They’ve really figured out the localisation of the model and have an extremely strong fan base. We won’t open lots of new studios there in 2024, but it will be a set-up year for really rapid growth from 2025. This is a market that could accommodate hundreds of units.”

The long-term goals is 10,000 units globally, at which point international markets will be three to five times the size of the US for the business. “It’s going to take a long time – a decade or more – but that’s the long-term goal,” says Long.

Long's interview coincides with the announcement of Orangetheory Fitness merging with Self Esteem Brands (SEB) to form a US$3.5 billion business, .

Speaking in HCM last year, Self Esteem Brands' CEO,
Dave Mortensen, said the company also has plans for 10,000 units.

While the merger is ongoing each company will operate independently. The search for a new CEO is underway and when they're eventually appointed, Long and Mortensen – along with SEB co-founder, Chuck Runyon – will move to the board.
RELATED STORIES
  Orangetheory taps into strength training boom - launches Strength 50 class


Orangetheory Fitness is tapping into the strength training trend with a new 50-minute class designed to cater to all fitness levels.
  Dave Long tells HCM Orangetheory is targeting aggressive expansion


Dave Long, co-founder and CEO of Orangetheory Fitness, has told HCM the boutique fitness franchise is aiming to expand to 100 more locations globally this year.
MORE NEWS
Bannatyne has bounced back from the pandemic
The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results.
Basic-Fit hints Spanish Holmes Place clubs might be sold
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal.
Nuffield Health calls for National Movement Strategy as research shows decline in fitness levels among some consumers
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are still not meeting WHO guidelines.
Immediate rewards can motivate people to exercise, finds new research
Short-term incentives for exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity according to new research.
+ More news   
LATEST JOBS
Fitness Motivator and Personal Trainer
Everyone Active
Salary:
Job location: Market Rasen
Fitness Motivator and Personal Trainer
Everyone Active
Salary:
Job location: Gainsborough
+ More jobs  

FEATURED SUPPLIERS

Webinar: Building a new energy future for the leisure sector
As one of the most energy-intensive industries in the UK, leisure facilities face a critical challenge in balancing net zero goals, funding and increased costs. [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
IndigoFitness

We Create Training Spaces! We've been designing and delivering high quality training spaces for alm [more...]
Safe Space Lockers

We provide a full turn-key solution for clients from design and consultation, through to bespoke man [more...]
+ More profiles  
CATALOGUE GALLERY
 
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-30 Apr 2024

Spa Life Scotland

Radisson Blu Hotel, Glasgow,
08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
HCM
LEISURE OPPORTUNITIES
HEALTH CLUB HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs    News   Products   Magazine
NEWS
Orangetheory sees potential for 10,000 studios worldwide
POSTED 12 Mar 2024 . BY Kath Hudson
Long says Orangetheory sees potential demand for 10,000 studios worldwide Credit: Orangetheory
Orangetheory Fitness tells HCM it sees potential demand for 10,000 units worldwide
The company has “massive expectations” for the UK and Europe
Japan is also a growth market
A merger is currently underway with Self Esteem Brands
Orangetheory Fitness has 'massive expectations' for growth in the UK and Europe and sees potential demand for up to 10,000 studios worldwide, says CEO, Dave Long, in the latest edition of HCM magazine.

“We have massive expectations for the development of Orangetheory Fitness in Europe and the UK,” he says. “I’m excited about international expansion, because that’s a decades-long project with so much we can do year after year. And I’m excited about the potential to impact more people through healthcare partnerships, by removing cost as a barrier to participation.”

Founded in 2010, Orangetheory Fitness grew to 1,000 locations by 2018 and currently has 1,540 locations across 23 countries. The lion’s share are in the US and Canada, but Long says expansion is ramping up.

There will be at least four more studios in London by the end of 2025 and 16 outside of the capital by the end of 2026. Spain is set to be the biggest growth market in Europe for 2024, with five more clubs planned this year.

“We’re eyeing two or three European cities to open flagships in 2024 or early 2025, with existing and potential new partners. For these sites, we might consider joint venturing, as they will drive brand visibility in Europe,” he says.

Slow to recover from the pandemic, Canada is now back on track, with eight to 10 locations planned and a key partner in Latin America is opening five to seven new this year.

“The other rapid growth market will be Japan," says Long. "They’ve really figured out the localisation of the model and have an extremely strong fan base. We won’t open lots of new studios there in 2024, but it will be a set-up year for really rapid growth from 2025. This is a market that could accommodate hundreds of units.”

The long-term goals is 10,000 units globally, at which point international markets will be three to five times the size of the US for the business. “It’s going to take a long time – a decade or more – but that’s the long-term goal,” says Long.

Long's interview coincides with the announcement of Orangetheory Fitness merging with Self Esteem Brands (SEB) to form a US$3.5 billion business, .

Speaking in HCM last year, Self Esteem Brands' CEO,
Dave Mortensen, said the company also has plans for 10,000 units.

While the merger is ongoing each company will operate independently. The search for a new CEO is underway and when they're eventually appointed, Long and Mortensen – along with SEB co-founder, Chuck Runyon – will move to the board.
RELATED STORIES
Orangetheory taps into strength training boom - launches Strength 50 class


Orangetheory Fitness is tapping into the strength training trend with a new 50-minute class designed to cater to all fitness levels.
Dave Long tells HCM Orangetheory is targeting aggressive expansion


Dave Long, co-founder and CEO of Orangetheory Fitness, has told HCM the boutique fitness franchise is aiming to expand to 100 more locations globally this year.
MORE NEWS
Bannatyne has bounced back from the pandemic
The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results.
Basic-Fit hints Spanish Holmes Place clubs might be sold
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal.
Nuffield Health calls for National Movement Strategy as research shows decline in fitness levels among some consumers
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are still not meeting WHO guidelines.
Immediate rewards can motivate people to exercise, finds new research
Short-term incentives for exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity according to new research.
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio
With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high- end brand in the US and Europe, but is pausing UK expansion.
PureGym's new results set it up for accelerating growth
PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to four years.
+ More news   
 
FEATURED SUPPLIERS

Webinar: Building a new energy future for the leisure sector
As one of the most energy-intensive industries in the UK, leisure facilities face a critical challenge in balancing net zero goals, funding and increased costs. [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
IndigoFitness

We Create Training Spaces! We've been designing and delivering high quality training spaces for alm [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-30 Apr 2024

Spa Life Scotland

Radisson Blu Hotel, Glasgow,
08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS