NEWS
Gold's Gym expands in Saudi Arabia – looks to tap into growing market
POSTED 17 Jul 2018 . BY Tom Walker
Facilities include a 10,000sq ft functional fitness area and the club has been kitted out with equipment supplied by Matrix
US-based fitness franchise Gold's Gym has secured its 10th facility in Saudi Arabia.

The 27,000sq ft, franchised club is located in the south western city of Abha and will be owned by the Batterjee Holding Company – which also owns the other nine Gold's Gym clubs in the country.

Facilities include a 10,000sq ft functional fitness area and the club has been kitted out with equipment supplied by Matrix.

The launch is part of Gold's Gym's plans to strengthen its presence and tap into the opportunities offered by Saudi Arabia's fledgling fitness market.

While still considered to be in its "infancy", the market is expected to grow rapidly following the launch of the government's National Transformation Programme (NTP).

The NTP seeks to get Saudis more physically active, after it was revealed that only about 13 per cent of the population is physically active.

The NTP will see the government throw significant investment behind its ambition to increase the number of active people from 13 per cent to 20 per cent by 2020, and 40 per cent by 2030.

There are currently two main players in the Saudi market: Fitness Time, with just over 100 clubs across the country, and Bodymasters with around 30 clubs in the central/eastern region.

The remainder of the market consists of smaller operations and independent health and fitness clubs.

As a sign that the market is hotting up, the owner of Fitness Time – Leejam Sports Company – this month announced that it will float on the Saudi stock market ahead of plans to expand its portfolio.
 


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
 
Leisure Management - Gold's Gym expands in Saudi Arabia – looks to tap into growing market...
24 Apr 2024 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

17 Jul 2018

Gold's Gym expands in Saudi Arabia – looks to tap into growing market
BY Tom Walker

Facilities include a 10,000sq ft functional fitness area and the club has been kitted out with equipment supplied by Matrix

Facilities include a 10,000sq ft functional fitness area and the club has been kitted out with equipment supplied by Matrix

US-based fitness franchise Gold's Gym has secured its 10th facility in Saudi Arabia.

The 27,000sq ft, franchised club is located in the south western city of Abha and will be owned by the Batterjee Holding Company – which also owns the other nine Gold's Gym clubs in the country.

Facilities include a 10,000sq ft functional fitness area and the club has been kitted out with equipment supplied by Matrix.

The launch is part of Gold's Gym's plans to strengthen its presence and tap into the opportunities offered by Saudi Arabia's fledgling fitness market.

While still considered to be in its "infancy", the market is expected to grow rapidly following the launch of the government's National Transformation Programme (NTP).

The NTP seeks to get Saudis more physically active, after it was revealed that only about 13 per cent of the population is physically active.

The NTP will see the government throw significant investment behind its ambition to increase the number of active people from 13 per cent to 20 per cent by 2020, and 40 per cent by 2030.

There are currently two main players in the Saudi market: Fitness Time, with just over 100 clubs across the country, and Bodymasters with around 30 clubs in the central/eastern region.

The remainder of the market consists of smaller operations and independent health and fitness clubs.

As a sign that the market is hotting up, the owner of Fitness Time – Leejam Sports Company – this month announced that it will float on the Saudi stock market ahead of plans to expand its portfolio.



Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
US spa industry hits record-breaking US$21.3 billion in revenue in 2023
US spa industry hits record-breaking US$21.3 billion in revenue in 2023   24 Apr 2024

The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in .... more>>
Immediate rewards can motivate people to exercise, finds new research
Immediate rewards can motivate people to exercise, finds new research   24 Apr 2024

Short-term incentives to exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity, according to new .... more>>
Shannon Malave appointed spa director at Mohonk Mountain House
Shannon Malave appointed spa director at Mohonk Mountain House   24 Apr 2024

Spa and wellness veteran Shannon Malave has been named spa director at iconic US spa destination Mohonk Mountain House. Based in New York’s verdant .... more>>
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture   23 Apr 2024

Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. .... more>>
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio   23 Apr 2024

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. Cosmopolitan cities .... more>>
PureGym's new results set it up for accelerating growth
PureGym's new results set it up for accelerating growth   23 Apr 2024

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>>
Company profile


TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different types of snow-making equipment for outdoor and innovative holistic solutions for indoor applications.

View full profile>>

Catalogue gallery


Featured Supplier

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Discover how to prepare your spa or wellness facility for the influx of international guests and meet global standards as tourism in Saudi Arabia surges. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



Latest jobs

Jobs Search



Fitness Motivator and Personal Trainer
Location: Market Rasen
Company: Everyone Active
Recreation Assistant (Dry Site)
Salary: Competitive
Location: Market Rasen
Company: Everyone Active
Party Leader
Salary: Competitive
Location: Gainsborough
Company: Everyone Active
Diary dates
Powered by leisurediary.com




22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,







Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd