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Leisure Management
1 to 25 of 27383 stories
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The Active Czech Foundation hosted its first annual Active Czech Conference earlier this month, in Prague, conducted in both Czech and English. The conference was opened by Zsofie Pusztai, head of the World Health Organization in the Czech Republic and other speakers included Andreas Paulsen, former CEO of
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Planet Fitness is refinancing and taking on securitised debt under its existing securitised financing facility. At the end of March, the company had around US$2 billion of outstanding debt and it now intends to issue US$600 million in fixed-rate senior secured notes, with the potential to upsize this to US$800
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Developer Rockwell Island Development Group (RIDGE) has appointed five-star, global hospitality brand Banyan Tree to manage its new luxury island retreat in Bimini in the Bahamas. Immersed in nature and surrounded by pristine beaches, Banyan Tree Bimini Resort & Residences will be situated on a 750-acre
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The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity. The statue of the Victorious Youth, also known as Atleta Di Fano and nicknamed the “Getty Bronze”, was acquired by the Getty Museum in California for US$4m in 1977 and has been in dispute since 1989. Found by Italian
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The US health and fitness industry is worth US$22.4 billion to the nation’s economy, according to research commissioned by the Health and Fitness Association (formerly IHRSA). The report provides state-by-state statistics and has been designed to be used by association members when communicating with
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The Global Wellness Institute (GWI) has published the fourth edition of the Guide to Hydrothermal Spa & Wellness Development Standards The 230-page guide, developed in collaboration with the GWI Hydrothermal Initiative* members, continues to set the industry standard for designing and constructing
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New research shows that following social media health influencers motivates young people to exercise more vigorously and eat more fruit and vegetables, but their mental health often suffers. Healthier But Not Happier? The Lifestyle Habits of Health Influencer Followers, published in the Journal of Psychosocial
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Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 basis points over the Secured Overnight Financing Rate, resulting in an interest rate of around 11.5 per cent. In year one, if no repayments are made to reduce the total owed, a loan of
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Evian Spa, the spa and wellness brand inspired by the premium mineral water brand, has arrived in Doha, marking its inaugural Middle Eastern location and fifth global destination. The new 1,800sq m wellness facility has been unveiled at the five-star Bentley Luxury Hotel and Suites in West Bay, closely following the debut of the first European Evian Spa in France
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A new nature-inspired wellness destination called Align is coming to Tucson, spearheaded by brothers and local hospitality entrepreneurs Mark and Eric Erman. Designed to foster individual and collective wellbeing, the project is set to create a central gathering space for users of the Chuck Huckleberry Loop, an
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Leisure Media has added another heavyweight to its line-up of CEOs for its inaugural HCM Summit this October. Dean Kowarski will talk about the intersection of fitness and nutrition. Kowarski took over as group CEO of Virgin Active in March 2022, when the company refinanced and took over the hospitality
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Modern US wellness brand The Well has promoted Zeev Sharon, formerly VP of real estate, to chief development officer. Sharon will oversee its global expansion to help grow the business’ branded residential, hospitality and club footprint in major cities across the US and Europe, including its first European
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Empowered Brands has signed a deal with European staffless gym chain, Fit+, to be the master franchisor in the UK and Ireland. More than 200 potential sites have already been identified in the UK. The advantage of the staffless model is that it allows penetration into smaller towns, suburban and even
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Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai. Chaos Karts is the brainchild of Tom Lionetti-Maguire, CEO of Little Lion Entertainment, the firm behind the Crystal Maze Live Experience and Tomb Raider Live Experience. The attraction combines augmented
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Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam. Set across 3,800sq m of exhibition space at the Gigamall shopping centre in Ho Chi Minh City, the Van Gogh Art Lighting Experience uses technologies
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A study has found that the use of cinematic and video editing techniques can drastically increase the aesthetic appeal and user engagement of virtual reality environments. Computer scientists from The University of Helsinki published the results of their study at the ACM Conference on Human Factors in Computing
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Speaking to HCM for its 2024-2025 Handbook, which will be out next month, PureGym managing director, Rebecca Passmore, says the company is on track to deliver on its global expansion plans. Trading as Pure Fitness, PureGym has struck a deal with RCS Real Estate Advisors in the US for site-finding and
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QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room. Known for its picturesque
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Leisure, lifestyle, wellness and entertainment growth investor, Imbiba, has invested in boutique gym brand, 1Rebel's holding company, One Rebel Ltd, after closing a £90 million fund. The investor has provided growth capital to support 1Rebel’s ambitious plans to scale the business across the UK and grow its
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Urban Gym Group will launch PILAT3S at ClubSportive in Amsterdam next month, to create a boutique-in-gym experience. PILAT3S is the newly-launched Reformer Pilates concept from HIIT specialists, TRIB3, which features three 50-minutes classes: Tone, Align and Power and aims to take Reformer Pilates mainstream.
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The American Council on Exercise has appointed Dr Cedric Bryant as its new CEO. Bryant takes up the new position on 1 July, following on from Scott Goudeseune who has been ACE CEO for more than 15 years, overseeing significant growth. Bryant joined ACE in 2001 and is the current president and chief
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The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan. The GWI defines wellness real estate as homes and buildings that are proactively designed, built and operated to support the
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Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group. With a background in therapy and fitness training, Hawco started his wellness career with over a decade at Accor-owned Fairmont
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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. Current owner, TZP, intended to back the business for five years before exiting, but the investment has been locked in for ten years, due to the
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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. The company has also reported growth in its first quarter financial results, which showed total revenue increased by 11.6 per cent to US$248.0 million,
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