News: Finance
Widespread reports indicate Stages Cycling ceases operations and lays off entire staff
Reports across multiple media outlets are advising that indoor cycling brand Stages Cycling has laid off its entire staff and may soon cease operations as it contends with decreased demand,…
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Beyond Activ spotlights expectations for Anytime Fitness in Southeast Asia
Beyond Activ (Formerly FIT Summit & Active Franchising) has spotlighted the expectations for Anytime Fitness in Southeast Asia. Inspire Brands Asia (IBA), master franchisee for Anytime…
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IAAPA study unveils economic impact of Attractions Industry in Middle East
A study conducted in 2023, compiling data from 2022 by Tourism Economics and commissioned by IAAPA, the global association for the attractions industry, offers the first-ever attractions…
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Saudi Arabia highlights tourism investment opportunities at International Hospitality Investment Forum
With the International Hospitality Investment Forum currently underway, the Saudi Ministry of Tourism is presenting opportunities for global investors. Following the recent announcement…
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World Athletics to become first international federation to award prize money at Olympic Games
World Athletics has announced it will become the first international federation to award prize money at the Olympic Games. The global governing body said a total prize pot of US$2.4…
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Formula 1 owner Liberty Media announces US$3.75 billion takeover of MotoGP
Formula One’s US-based owner Liberty Media Corporation has announced an agreement to acquire MotoGP’s parent company Dorna Sports S.L.. In a transaction reflecting an…
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Tokyo survey company reports insolvency for record number of fitness clubs in Japan
According to private survey company Tokyo Shoko Research Ltd, a record number of fitness clubs in Japan have gone insolvent this fiscal year despite the market size growing. While COVID…
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GoXPro’s new Semi-Private Coaching software allows personal trainers to boost session revenue
GoXPro - a market-leading digital platform for gym chains, studios and personal trainers - has launched new personal training software to cater for in-person Semi-Private Coaching. GoXPro…
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