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400,000+ READERS leisure opportunities 18 AUGUST – 31 AUGUST 2015 ISSUE 665 Daily news & jobs: www.leisureopportunities.co.uk No firm plans for Gym Group listing, says COO


Te Gym Group’s chief oper- ating officer Jim Graham has poured cold water on press reports of an imminent £300m listing on the London stock market, insisting that no decision has been taken by the company’s board. Several reports have sur-


faced suggesting the chain is poised to go public, cit- ing conversations with city insiders, however Graham told Leisure Opportunities the speculation is prema- ture and that the chain has “no firm plans in place.” Founded in 2007 by


board based on what’s best for the business and its inves- tors, but that isn’t a decision that’s been taken. Also, no decision’s been made on how our private equity investors will one day exit the busi- ness, and going public is just one of a number of ways that could happen.” Graham said speculation


Graham said speculation was ‘part and parcel’ of being a growing business


John Treharne with backing from private equity group Bridges Ventures, The Gym Group attracted fresh invest- ment in 2013 when Phoenix Equity Partners bought a majority stake in the business. “We’re a private equity-backed business, so obviously (floating) is something we


Bamford launches spa at Fortnum & Mason


Bamford has opened a three treat- ment-room Haybarn spa inside London’s world famous department store Fortnum & Mason. Located on the newly-renovated


second floor of the store, the 592sq ſt spa will use Bamford’s bath & body line, as well as a new skincare line launching this autumn. The new Bamford spa offers a range of holis- tic treatments, including the Bamford signature treatment, body exfolia- tion, manual lymphatic drainage, and a new Bamford facial treatment. Details: http://lei.sr?a=n3J5c_O


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constantly look at and have conversations about, but it’s extremely early to suggest that a listing is imminent,” said Graham, who was operating partner at Phoenix Equity Partners before joining The Gym Group. “Going public would be a decision for the


Alton Towers to open fourth hotel


After costing parent company Merlin Entertainments around £50m in profits fol- lowing the Smiler accident, Alton Towers has revealed multi-million pound plans for a fourth hotel as the park aims to become the UK’s leading short break destination. Te four-storey hotel will be built next


to the existing Alton Towers Hotel and Spa and will be themed with 74 ‘colonial- style’ family rooms, a restaurant capable of seating 200 people and a café. Most recently, the park launched its


Enchanted Village accommodation, which is made up of 120 fairytale lodges and five luxury tree houses, offering an alternate


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It joins the existing Alton Towers Hotel and Spa


style of accommodation to Alton Towers’ existing hotels. The park also offers the adjacent Alton Towers Hotel and the Splash Landings hotel and waterpark. Details: http://lei.sr?a=d6a3n_O


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regarding the company’s direction was “part and parcel” of being a grow- ing business. Te low cost gym chain was recently named in the top 50 UK private companies with the fastest-growing sales and


aims to reach 80 sites by the end of 2015. Te rumblings of a stock market listing


for Te Gym Group come aſter it scrapped a planned merger with Pure Gym last year amid Competition and Markets Authority scrutiny. Details: http://lei.sr?a=8b2k3_O


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