the health club industry
DESCRIPTION
Me and my group's first presentation during first year in University of BedfordshireTRANSCRIPT
VAUXHALL RECREATION CLUB
The health club industry
Key trends: Pestel analysis.
POLITICAL:
-Government initiatives-free and subsidised admissions
-Budgets prone to being cut for political reasons
TECHNOLOGICAL:
-Advanced technology- modern and sophisticated equipment
-Marketing: advertising in media & other promotional materials, vast customer information
ECONOMIC:
-Slow growth and ageing of the population
-Economic recession
Growth of unemployment
LEGAL:
-Must comply with general issues: • health and safety ,
• smoking bans,
• access for the disabled
ENVIRONMENTAL:
-Green sustainability
SOCIAL AND CULTURAL FACTORS:
-England faces raising rates of overweight and obesity
-Significant opportunity to socialise with others: “gym buddy”
-Growing requirement to maintain physical and mental health
-Opportunity to reduce health problems related with obesity and inactive lifestyle
Major national competition:
David LloydFitness FirstVirgin ActiveBannatyne FitnessJJB SportsCannons Group
Competition in Luton
National chain- David Lloyd.
Developed in the 1980s, named by the owner
Average 5,700 members per club, 450,000 over all
Market leadership by value (£200 m a year)
Europe’s largest health and fitness operator
74 sites trading as David Lloyd Leisure
Conclusion