Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13243)           
UK only International

Consumer spending on sport and fitness up, but leisure industry braced for slowdown

By Matthew Campelli    08 May 2017
Despite gym spend increasing over the period, a number of millenials have expressed their intention of moving their leisure spend elsewhere / Bojan Milinkov/Shutterstock.com

Consumer spending on gym use and sporting activity increased during the first quarter of 2017, although analysts are predicting a dip in expenditure on general leisure activities due to a “weak pound” and “slowdown” in wage growth.

Deloitte’s quarterly survey of 3,000 adults revealed that net spending on using fitness clubs and taking part in sport increased by two percentage points on Q4 2016 – although this is common for the period immediately after Christmas.

However, the gym sector may have to brace itself for a drop in millennial members and customers, with some 18-34 year-olds shifting their leisure intentions elsewhere.

According to Deloitte there has been a seven percentage point dip in those intending to spend leisure money at the gym, with an increase in those wanted to eat out and go to pubs and bars.

Over the opening three months of 2017, spending on holidays also increased over the period, with a surge in both long-haul and short-haul booking.

The picture looks slightly bleaker across the entire leisure industry, with the effect of Brexit on the pound, rising inflation and slow nominal wage growth contributing to a fall in spending.

Money spent eating out at restaurants fell by three percentage points, with a similar decrease in coffee shops and pubs.

“The focus on health and wellbeing is as expected for the start of the year, with spending falling for eating out and rising for gym and sport-related leisure activities,” said Simon Oaten, partner for hospitality at Deloitte.

“However, with inflation rising, a weak pound and a slowdown in nominal wage growth, leisure consumers are starting to feel their pockets tighten, leading to a fall in spending on some habitual activities and small luxuries, such as buying daily coffees.”

Oaten added: “While this has yet to result in an actual reduction in overall leisure spending, this trend will be monitored closely.

“The overall health of the sector will be an important economic indicator in the months to come.”

Deloitte  fitness  consumers  spending 
Sign up for FREE ezines & magazines
Related news
Sports jobs
Everyone Active
featured job

Swimming Teachers

Everyone Active
Salary: Competitive hourly rate
Job location: Nationwide

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: West Lindsey, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Watford, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Stratford Upon Avon, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Fleet, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Washington, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Rossmore, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: St Albans, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Middlesbrough, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Alton, United Kingdom
recruiting with sports management

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Nuneaton, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Leicester, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Blaby, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Bordon, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Dunstable, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Blandford Forum, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Plymouth, United Kingdom
recruiting with sports management

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Watford, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Slough, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Spelthorne, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Bishop's Stortford, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Chichester, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ealing, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ealing, United Kingdom
training with sports management

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Poole, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Stowmarket, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Cotswold, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ashfield, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Sutton, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Stroud, United Kingdom

Gymnastics Coach

Everyone Active
Salary: Competitive
Location: Ashfield, United Kingdom
lifeguard jobs  swimming teacher jobs  recreation assistant jobs  apprenticeships jobs  personal trainer jobs  Gymnastics Coach jobs  duty manager jobs  assistant manager jobs  general manager jobs  assistant general manager jobs  Catering Assistant jobs  Customer Services Advisor jobs 
More jobs

Catalogue Gallery

JP Lennard: Leading supplier to Commercial Swimming Pools, Leisure Centres, Health & Fitness Clubs, Hotels, Holiday Parks, Schools and Universities, supplying thousands of products directly into these sectors.
JPL

Company profile

Company profile: Pavigym
PAVIGYM is the premier innovator of flooring and interactive solutions for the global fitness industry.
View full profile >
More company profiles

Featured Supplier

myFitApp launches branded live-streaming as part of its COVID-19 support package
Innovatise, the company behind myFitApp, has announced the immediate availability of its customer- branded live-streaming solution.
View full details >
More featured suppliers

Property & Tenders

Location: Greywell, Hampshire
Company: Barnsgrove Health and Wellness Club
Location:
Company: Derby City Council
More properties & tenders

Diary dates

13 Jun 2020
Worldwide, Various
06-07 Jul 2020
Eastwood Hall, Nottingham, United Kingdom
28-31 Aug 2020
Expo Centre & Riviera di Rimini, Italy
21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
More diary dates