Posts tagged “Health Club Industry”

Medical Tourism

>I was reading an interesting article by Scott Carney -'Medical Refugees Flee to India' on the Wired News web site. A medical refugee is someone without insurance needing medical treatment as distinct from 'medical tourists' who are often travelling for non-urgent, cosmetic procedures. The USA has about 46 million ...

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Just 0.8 Health Clubs Visits Per Week

I was in a recent meeting with a representative from one of the UK's largest health club chains and discussion moved on to the average weekly attendance of their members. This is where the 0.8 figure comes from. This represents the average weekly attendance by all members over the course ...

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Health Club Contracts

Given that most of the UK national media regularly write about those `nasty` health club contracts with long notice periods, I thought I would chip in with my thoughts. I find the policy difference between the main health club chains very interesting. Esporta insist on 12-month contracts with a three-month notice ...

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Oxygen Client Bids for Bannatynes

There will be many people in the industry surprised by this week’s news that Energie Fitness Clubs has submitted a bid of circa £120 million to acquire Bannatyne’s Health Clubs. There are 36 Bannatyne clubs looking after about 100,000 members. Bannatynes was formed by the `Dragon`, Duncan Bannatyne. However, it ...

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A Health Club Very Near You!

I am just finishing off a report for a client on another health club acquisition in Manchester. What’s very interesting about this one is the level of competition. Draw a circle three miles from the target club and how many competing facilities would you expect?...5…10...20…31. In fact, it’s 31. How ...

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Fantastic New Club Retention Tool

David Lloyd Leisure, which has 58 health clubs in the UK and Ireland, has recently appeared in the press because one its member’s has taken objection to the fact that you have to give 90 days notice to leave. Julian Moore comments: “A policy like this can only serve to alienate ...

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Perhaps you would like one of our £6,000 per month memberships!

Greens Health & Fitness in London had to say sorry to its 4,400 members when it inadvertently took £5,900 from members bank accounts instead of the normal £59! It’s estimated that members accounts were overcharged by around £30 million. What a wonderful thing technology is. Now when I was health ...

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Another day, another buyer

I recently finished the due diligence on another two health clubs and have just heard that the sales have now been completed. What have I been doing, you may be thinking? Well, it’s my job to unpick the history of the club and then produce an accurate narrative that will ...

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…so they called the company `Egg`

Attended a very interesting presentation this week by Richard Duvall, who was one of the guys that founded Egg, the internet bank. He was explaining how the vision was to reinvent banking. Interestingly, Egg was not the preferred brand name – it was `Oxygen` - now what a great brand ...

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Only Thin People Need Apply!

Oh dear, the world’s biggest (financially obese) retailer has been caught red handed (The Times 27th October 2005) dreaming up ways of only recruiting `thin` and `fit` employees. Wal-Mart is considering incorporating a `physical` component into a worker’s daily routine as a means of trying to dissuade unhealthy applicants from ...

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