Low-cost gyms have powered their way into the spotlight of the UK’s £5bn health and fitness market.
Budget gym operators were highlighted as the fastest-growing segment of the industry in the latest findings by PwC, having increased their market share to 12% of total revenue in 2018, up from 3% in 2012.
The Gym Group, which commissioned the research, is among those that are looking to beef up their presence by opening more sites.
In this podcast, Richard Darwin, chief executive of The Gym Group, joins EG in the studio to discuss how the low-cost fitness industry is faring and how the company plans to take advantage of empty retail spaces.
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