Low-cost news

Spanish operator, Synergym, has entered into a €70 million syndicated financing agreement to fuel domestic expansion. Founded in 2013, by Sergey Miteyko and Leonard Lvovich ... More

After a year expanding into new territories, In2Fitness is planning to open a further 25 sites in Saudi Arabia in 2025. Owned by Kun Sports, ... More

Fitness participation rates in the United Arab Emirates and Kingdom Saudi Arabia are growing faster than anywhere else in the world, but the key barriers ... More

Puma Growth Partners has announced a £4 million investment into NRG Gyms to upscale its expansion across the UK. The high-value, low-price gym group was ... More

On announcing the milestone of reaching three million members, US high-value, low-cost operator, Crunch Fitness, has unveiled a new gym design, Crunch 3.0. Consumer insights ... More

One of Australia’s largest gym operators, Viva Leisure, is coming to the UK after signing a master franchise agreement for its low cost Plus Fitness ... More

It's been a year of significant growth for PureGym, both at home and overseas. Today (13 December) the low-cost operator celebrated the launch of four ... More

Eighty nine per cent of 18 to 24-year-olds are doing some form of strength exercise weekly and 17 per cent of the UK population is ... More

Basic-Fit CEO, Rene Moos, says 2024 is “going to plan” as the low-cost operator continues to open clubs across Europe and progresses plans for franchising. ... More

Will Orr, The Gym Group CEO, kicked off his live on-stage interview at the HCM Summit by mentioning the high-value low-cost operator’s recent survey which ... More

Pure Gym has raised the necessary funds to allow the purchase of Blink Fitness, which had filed for protection under Chapter 11 of the US ... More

PureGym is preparing to launch four new group exercise formats – HIIT, weights, mobility and flexibility and spin – which have been developed in partnership ... More

The Gym Group’s Next Chapter strategy is delivering results and the and the UK-based operator expects full-year results at the top-end of recently revised market ... More

Susan Turner, CEO of PureGym Middle East, has told HCM the company is extending its presence in Saudi Arabia with the launch of its first ... More

Planet Fitness has exceeded expectations with its Q2 results, causing share prices to jump by more than 11 per cent. Revenue rose by 5.1 per ... More

Basic-Fit topped four million members – a 13 per cent increase – and opened a record number of clubs in the first half year of ... More

The Gym Group has built on the positive momentum of 2023, with a strong half-year performance in the first half of 2024, showing an uplift ... More

PureGym has partnered with the British Heart Foundation to upload all of its defibrillators to The Circuit, which allows the ambulance service to access them ... More

Belgian retail giant, Colruyt Group, is challenging the status quo of the fitness industry in Belgium. A third-generation family business, which started as a bakery ... More

According to a year-long study, offering financial incentives to people to encourage them to lose weight is effective and could be a low-cost solution to ... More

German health and fitness operator, LifeFit Group, has found a new investor – Waterland Private Equity Investments. The deal is expected to complete later this ... More

The UK health and fitness is performing well, especially the private sector, with member numbers, market value and penetration reaching all-time highs. These are the ... More

The JD Gyms Group has completed a deal to acquire Simply Gym from Bay Leisure. The deal comprises four gyms: one in Greater London and ... More

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 ... More

US gym chain, Crunch Fitness, has bolstered its global expansion plans with the appointment of John Kersh as managing director of international development. Kersh has ... More