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NEWS
Gold's Gym reports 'strongest year of growth in company history'
POSTED 22 Jan 2020 . BY Tom Walker
The franchised fitness giant's growth during the year focused on emerging markets Credit: Gold's Gym
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.

The franchised fitness giant's growth during the year focused on emerging markets, with nine new sites opening in Japan, eight in India, five in Saudi Arabia and four in Egypt.

It also secured new international master license agreements for Iraq (five clubs), Australia (30 clubs) and New Zealand (10 clubs).

On its domestic US market, its biggest new franchise deals were for North Carolina (eight clubs), Tennessee (five clubs) and Southern California (four clubs).

Also throughout 2019, the company worked to consolidate and optimise brand ownership through franchisee acquisition of company-owned clubs.

"This past year of success serves as proof that the Gold's Gym franchise opportunity is more attractive than ever as an investment in the fitness industry," said Gold's Gym president and CEO Adam Zeitsiff.

"Our continued franchise development achievements from 2019 have set the stage for what we anticipate will be another impressive year of growth on a global scale.

Craig Sherwood, Gold's Gym chief development officer, added: "As we head into 2020, I feel we are equipped with the perfect recipe for success: the right corporate leaders, the right franchisees and the right business model.

"With some major expansion opportunities already in the works, my team and I are proud to play a role in continuing to grow this brand 55 years beyond its inception."

Gold's Gym now has more than 700 locations serving 3 million people across six continents.
RELATED STORIES
  Gold's Gym files for bankruptcy protection


Franchised fitness giant Gold's Gym has filed for Chapter 11 bankruptcy protection, as it struggles with the impact of coronavirus lockdowns.
  Gold's Gym parts ways with master franchisee for UAE and Oman


Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 clubs in the United Arab Emirates and Oman.
  Gold's Gym appoints Craig Sherwood as chief development officer


Fitness operator Gold's Gym has named Craig Sherwood as its chief development officer.
MORE NEWS
Belgin Aksoy prepares to mark 15 years of Global Wellness Day on Saturday 13 June
Global Wellness Day (GWD) will mark its 15th anniversary on Saturday 13 June 2026, with the theme: #JoyMagenta – a celebration of the healing qualities of simple gestures and activities that spark joy.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
Mayrlife opens first hotel day clinic in partnership with Rosewood Vienna
As part of its first hotel partnership, Mayrlife – the medical health resort company known for its site in Altaussee, Austria – has launched a day clinic at the Rosewood Vienna.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
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Uniting the world of spa & wellness
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News   Products   Magazine   Subscribe
NEWS
Gold's Gym reports 'strongest year of growth in company history'
POSTED 22 Jan 2020 . BY Tom Walker
The franchised fitness giant's growth during the year focused on emerging markets Credit: Gold's Gym
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.

The franchised fitness giant's growth during the year focused on emerging markets, with nine new sites opening in Japan, eight in India, five in Saudi Arabia and four in Egypt.

It also secured new international master license agreements for Iraq (five clubs), Australia (30 clubs) and New Zealand (10 clubs).

On its domestic US market, its biggest new franchise deals were for North Carolina (eight clubs), Tennessee (five clubs) and Southern California (four clubs).

Also throughout 2019, the company worked to consolidate and optimise brand ownership through franchisee acquisition of company-owned clubs.

"This past year of success serves as proof that the Gold's Gym franchise opportunity is more attractive than ever as an investment in the fitness industry," said Gold's Gym president and CEO Adam Zeitsiff.

"Our continued franchise development achievements from 2019 have set the stage for what we anticipate will be another impressive year of growth on a global scale.

Craig Sherwood, Gold's Gym chief development officer, added: "As we head into 2020, I feel we are equipped with the perfect recipe for success: the right corporate leaders, the right franchisees and the right business model.

"With some major expansion opportunities already in the works, my team and I are proud to play a role in continuing to grow this brand 55 years beyond its inception."

Gold's Gym now has more than 700 locations serving 3 million people across six continents.
RELATED STORIES
Gold's Gym files for bankruptcy protection


Franchised fitness giant Gold's Gym has filed for Chapter 11 bankruptcy protection, as it struggles with the impact of coronavirus lockdowns.
Gold's Gym parts ways with master franchisee for UAE and Oman


Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 clubs in the United Arab Emirates and Oman.
Gold's Gym appoints Craig Sherwood as chief development officer


Fitness operator Gold's Gym has named Craig Sherwood as its chief development officer.
MORE NEWS
Belgin Aksoy prepares to mark 15 years of Global Wellness Day on Saturday 13 June
Global Wellness Day (GWD) will mark its 15th anniversary on Saturday 13 June 2026, with the theme: #JoyMagenta – a celebration of the healing qualities of simple gestures and activities that spark joy.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
Mayrlife opens first hotel day clinic in partnership with Rosewood Vienna
As part of its first hotel partnership, Mayrlife – the medical health resort company known for its site in Altaussee, Austria – has launched a day clinic at the Rosewood Vienna.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Rosewood Le Guanahani St Barth offers ocean-themed yoga for Global Wellness Day
Rosewood Le Guanahani St Barth, on the northeast coast of Saint Barthélemy in the French West Indies, is offering a programme of ocean-inspired yoga classes between 8-14 June to celebrate Global Wellness Day (GWD).
Butterfly sanctuary to host hot yoga during retreat at Jersey Zoo for Hotel de France
Hotel de France, located on the British Isle of Jersey, has created a wellness retreat package that includes a hot yoga session that will take place in Jersey Zoo’s butterfly sanctuary.
+ More news   
 
FEATURED SUPPLIERS

Spa Life – where spa leaders grow together
The Spa Life UK Convention returns from 21–23 June 2026 at Whittlebury Park Hotel, Spa & Golf Resort, bringing together spa managers, directors and owners for two days of focused education, meaningful connection and commercial insight. [more...]

Why future-ready in-house laundry is the new luxury spa essential
In today’s premium spa environment, every detail shapes the guest experience – right down to the softness of towels and the freshness of linens. [more...]
+ More featured suppliers  
COMPANY PROFILES
HPO.Tech Hyperbaric Systems

Founded in 2020 in Istanbul, HPO.Tech combines 15+ years of expertise in hyperbaric technology, divi [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

21-23 Jun 2026

Spa Life International (UK)

Midlands (Venue TBA), Liphook, United Kingdom
22-22 Jun 2026

World Bathing Day

Worldwide,
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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