NEWS
Gold's Gym parts ways with master franchisee for UAE and Oman
POSTED 23 Jul 2019 . BY Tom Walker
The master franchise agreement includes 14 Gold's Gym-branded clubs in the United Arab Emirates and Oman
Several parties have already come forward expressing interest in acquiring the master franchise rights
– Adam Zeitsiff
Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 branded clubs in the United Arab Emirates and Oman.

Gold's Gym has now stepped in to support the locations, which are being operated under existing management teams and fitness staff.

Adam Zeitsiff, Gold's Gym CEO said that “several Emirati parties” have already come forward with the view of taking over the master franchise rights.

"For nine years, the management teams behind these gyms have done an outstanding job of delivering the best in fitness service to their members, resulting in the strong presence Gold's Gym has in the UAE market today," Zeitsiff said.

"Because of this, several parties have already come forward expressing interest in acquiring the master franchise rights to continue growing the brand by taking it to a new level in the region and beyond.

"We hope to have that process completed in the very near future, and we look forward to growing Gold's Gym in this market with a new partner."

He added that the split with Al Ahli does not affect Gold's Gym's plans to open additional locations in the region – which include introducing the boutique Gold's Studio concept to the market.

"The company is dedicated to growing the market to its full potential," Zeitsiff said.

Gold's Gym is one of the world's largest fitness franchises, with more than 700 locations across six continents.
RELATED STORIES
  Gold's Gym reports 'strongest year of growth in company history'


Gold's Gym completed 22 US franchise agreements and a total of 35 new openings worldwide during 2019 – the most in a single year in the company's history.
  Gold's Gym appoints Craig Sherwood as chief development officer


Fitness operator Gold's Gym has named Craig Sherwood as its chief development officer.
  Gold's Gym expands in Saudi Arabia – looks to tap into growing market


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


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 parts ways with master franchisee for UAE and Oman...
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

23 Jul 2019

Gold's Gym parts ways with master franchisee for UAE and Oman
BY Tom Walker

The master franchise agreement includes 14 Gold's Gym-branded clubs in the United Arab Emirates and Oman

The master franchise agreement includes 14 Gold's Gym-branded clubs in the United Arab Emirates and Oman

Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 branded clubs in the United Arab Emirates and Oman.

Gold's Gym has now stepped in to support the locations, which are being operated under existing management teams and fitness staff.

Adam Zeitsiff, Gold's Gym CEO said that “several Emirati parties” have already come forward with the view of taking over the master franchise rights.

"For nine years, the management teams behind these gyms have done an outstanding job of delivering the best in fitness service to their members, resulting in the strong presence Gold's Gym has in the UAE market today," Zeitsiff said.

"Because of this, several parties have already come forward expressing interest in acquiring the master franchise rights to continue growing the brand by taking it to a new level in the region and beyond.

"We hope to have that process completed in the very near future, and we look forward to growing Gold's Gym in this market with a new partner."

He added that the split with Al Ahli does not affect Gold's Gym's plans to open additional locations in the region – which include introducing the boutique Gold's Studio concept to the market.

"The company is dedicated to growing the market to its full potential," Zeitsiff said.

Gold's Gym is one of the world's largest fitness franchises, with more than 700 locations across six continents.



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

Print edition
 

News headlines
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>>
UAE’s first Dior Spa debuts in Dubai at Dorchester Collection’s newest hotel, The Lana
UAE’s first Dior Spa debuts in Dubai at Dorchester Collection’s newest hotel, The Lana   23 Apr 2024

The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in .... more>>
Deloitte says European health club market hit an all-time high for revenues in 2023
Deloitte says European health club market hit an all-time high for revenues in 2023   22 Apr 2024

Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press .... more>>
Company profile


Spivi

Spivi is an immersive fitness gamification platform that helps gym operators to achieve better retention by utilizing existing wearables, equipment, and sensors in the club.

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