Gold's Gym This Report Is Term Paper

Open, View, and/or
Download this Document

Total Length: 1951 words ( 7 double-spaced pages)

Total Sources: 1+

Page 1 of 7

"Gold's is opening 100-plus new franchises a year, so deployment speed and flexibility are critical.(Citrix Systems, 2003)

Overview Global Nature of the industry

On a global scale, issues such as the Middle East crisis and the war in Iraq are all problems in the fitness industry. World oil prices and many unstable economies put consumers at a disadvantage as they try to make ends meet. But the industry on a global scale has gotten a boost out of Asia and other developing regions such as South America. "In the fast growing $12.2 billion health and fitness industry, Gold's Gym rules supreme. As the gym of preference for amateur and pro-athletes, the entertainment industry, and everyone else, Gold's has become the largest co-ed health club chain in the world, with nearly three million members in 43 states and 26 countries." (Citrix Systems, 2003)

The best news for the industry has been the recovery in the United States market.

Stuck Writing Your "Gold's Gym This Report Is" Term Paper?

View All Our Example Gold's Gym This Report Is Term Paper

Have A Custom Example Essay Written

The health and fitness club industry has been on the road to recovery on a global scale compared to the 1990's slow down in growth. During the early stages of the twenty-first century, there have been new international club brands that have emerged which have tightened competition. Memberships have been on a rise but only to a point of modest global growth. "Total health and fitness club membership at the end of 2003 is estimated to be almost 38 million, or 18% of adults 18 and over. The total number of clubs has grown too, an estimated 10% from 2002 to 2003. Total owned club revenues have increased 13% from 2000 to 2003, from $11.6 billion to $13.9 billion. With 59 million adults, or 31% of the adult population, considered obese, it would appear that the market has considerable room to expand.".....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Gold's Gym This Report Is" (2004, November 24) Retrieved May 18, 2024, from
https://www.aceyourpaper.com/essays/gold-gym-report-59594

Latest MLA Format (8th edition)

Copy Reference
"Gold's Gym This Report Is" 24 November 2004. Web.18 May. 2024. <
https://www.aceyourpaper.com/essays/gold-gym-report-59594>

Latest Chicago Format (16th edition)

Copy Reference
"Gold's Gym This Report Is", 24 November 2004, Accessed.18 May. 2024,
https://www.aceyourpaper.com/essays/gold-gym-report-59594
   

Open, View, and/or
Download this Document
order custom essay example