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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.
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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.
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
+ More news   
 
COMPANY PROFILES
iPlayCO

iPlayCo was established in 1999. [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
+ More profiles  
FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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