mgipharmainc.eblogs.com/2008/03/19/news-gym-members-thr -
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Published on: 10/10/2008
Last Visited: 5/28/2008
"With fitness health kid tasmania becoming tougher in the UK domestic economy, many consumers are opting to cut their discretionary spending," said Adrian Balcome, leisure partner at Deloitte.
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Adrian Balcome, Deloitte
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Mr Balcome also warned clubs would have to act fast to halt the decline in membership as profit margins in the industry are under pressure.
Spending crunch
While lowering joining fees may attract new members, it will not help existing members who are looking to tighten their purse strings, he warned.
"The industry needs to react quickly, as, despite heightened awareness of obesity problems and the link between health and fitness, consumers are not yet opting to join health clubs, and clubs are not achieving expected growth in member numbers," Mr Balcome said.