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Despite high inflation and energy costs, Basic-Fit lifted 2023 revenues by almost a third, achieved a record number of club openings and is bullish about the future. Announcing its full-year results today, the low-cost operator confirmed revenues increased by 32 per cent to €1,047 million (£894 million, $1146
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The World Happiness Summit (WOHASU) is gearing up to hold its first-ever World Wellbeing Policy Forum in London on 18 March 2024. Founded by Karen Guggenheim in 2016, WOHASU is dedicated to elevating global wellbeing and raising awareness about the science of happiness. In collaboration with the World
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Beiersdorf, the German parent company behind premium Swiss skincare brand La Prairie, has signed an agreement with Clinique La Prairie to acquire the health and longevity brand’s real estate assets at its lakeside flagship in Montreux, Switzerland. The transaction is expected to be completed later this year,
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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
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Andrei Fomin, the mastermind behind London’s Russian bathhouse and spa concept Banya No 1, wants to take his brand global, according to an exclusive interview with Spa Business. Since its inception in Hoxton 11 years ago, Banya No 1's flagship has steadily gained popularity, attracting locals, tourists
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Julia Sutton, co-founder of exhale Spa, was tragically killed in a hit-and-run accident in New Jersey in January while jogging. Many in the industry have been left in shock and mourning at the sudden news, especially as the 56-year-old founder of the spa and fitness brand passed away while doing something as
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This story was updated at 14.00GMT on 14 March 2024 and 16.00 GMT on 15 March 2024 Self Esteem Brands (SEB) and Orangetheory, which announced a ‘merger of equals’ on 29 February, have told HCM they've begun the search for a new CEO of the combined business – the name of which has yet to be revealed.
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Urban Gym Group has announced plans to trial women’s zones in some of its clubs to see if it helps female members to experience better workouts. In an International Women's Day exclusive, an Urban Gym Group spokesperson told HCM this initiative is in response to industry studies showing that women
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Research by the University of Sydney is the first to objectively measure whether daily steps are able to offset the health risks of sedentary behaviour. The results, which were published in the British Journal of Sports Medicine, found that 10,000 steps a day can reduce risk of premature death by 39 per
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Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort. Set on an additional 750 acres located a short bus ride from the main site, Epic Universe will double the size of the park making its Orlando attraction the
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Equinox has raised US$1.8 billion in cash to refinance US$1.5 billion of maturing loans. The deal will also boost cashflow and give it a chunk of working capital to fund growth. The transaction was facilitated by Goldman Sachs, Centerview Partners and Kirkland & Ellis and led by Silver Lake and Sixth Street – a
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A multi-million-euro geothermal spa and leisure centre, called Terme Bjelovar, is scheduled to open in the Croatian city of Bjelovar in Q3 of 2025. Already six years in the making, the project in Veliko Korenovo is projected to cost €38 million (US$41.2 million, £32.6 million) to complete – according to Dario
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Global Wellness Day (GWD) is set to mark its 13th annual celebration on 8 June 2024, under the theme #MagentaNature, emphasising the vital connection between humanity and the natural world. Founded in 2012 by Belgin Aksoy, GWD is always celebrated annually on the second Saturday of June with free wellness
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Sri Lankan retreat brand Santani Wellness Resorts has joined forces with the Oman Tourism Development Company (Omran Group) to develop and operate two new locations in Oman, marking its international debut outside of Sri Lanka. The resorts, located in the Jabal Shams in Ad Dakhiliyah and Dhofar Governorates, will
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US lobbying organisation for the health and fitness sector, IHRSA, has announced a name change today, becoming the Health & Fitness Association. IHRSA president and CEO, Liz Clark, made the announcement during her president’s address, prior to the keynote, at the annual convention and trade show in Los Angeles. “Every industry evolves, and the next step of
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Technogym is launching Checkup, an assessment station which uses AI to personalise training programmes in order to create more effective workouts. The AI-based system scans body composition, balance, mobility and cognitive abilities, as well as analysing strength from workouts on resistance equipment within the
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The World Travel & Tourism Council's (WTTC) Hotel Sustainability Basics verification (Basics) has achieved a significant milestone, with over 1,700 hotels verified across 70 countries. Launched in 2023, Basics aims to enhance sustainability ratings for hoteliers globally and offers an easy-to-understand
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Following the launch of its Siro wellness hotel brand, in the form of Siro One Za’abeel in Dubai, Kerzner International has revealed it plans to create a global chain of properties under the brand. Speaking this weekend at the World Spa and Wellness Convention in London, Zoe Wall, vice president Siro and Wellness
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Fitness On Demand (FOD) has teamed up with Les Mills, to offer an omnichannel fitness solution to operators. Fitness on Demand is owned by Lift Brands, the outfit behind Snap Fitness. The partnership will enable facility partners of Les Mills that don’t provide a bespoke or branded app to their members to
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Maui’s iconic Grand Wailea, A Waldorf Astoria Resort has announced the opening of its highly anticipated Kilolani Spa, an all-new luxury wellness retreat inspired by Hawaii’s natural beauty. At 50,000sq ft, Kilolani Spa is claimed to be the largest spa in the state and is designed to honour the island of Maui's
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Eight of the world’s leading spa operations were honoured at the annual World Spa and Wellness Awards during a glamorous ceremony held in London over the weekend. A highlight of the annual World Spa and Wellness Conference industry event, the awards champion spa and wellness destinations that set the standards
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The first bricks and mortar Kinrgy studio opens today (1 March) in West Hollywood. Founded by Emmy Award-winning dancer, Julianne Hough, the brand started as a dance and fitness platform. Hough announced a partnership with boutique brand franchisor, Xponential Fitness at the end of last year to turn the online
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Orangetheory and Self Esteem Brands have revealed plans to merge 'as equals' creating a new company with around US$3.5 billion a year in sales and 7,000 franchises in 50 countries. The deal will be an all-stock transaction, creating one of the largest fitness, health and wellness businesses globally. The name
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Samsung has unveiled a smart ring, packed with innovative technologies to aid health and wellbeing, which will be available later this year. The Galaxy Ring is one of a range of new products unveiled by Samsung at Mobile World Congress in Barcelona this week that are aimed at giving consumers more information, and more control, over their health and wellbeing. The
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In the same week as tennis legend, Andre Agassi, was appointed to the board of Life Time, the company has released strong year-end results, achieving record revenues and EBITDA. Total revenue increased 18.2 per cent to US$558.8 million (€516 million, £442 million) for the fourth quarter and 21.6 per cent to
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