News: Finance

FRANdata gives Snap Fitness 5-Star franchise rating

Despite COVID-19’s significant economic impact on the fitness industry, Snap Fitness has become the first health and fitness franchise system in the country to achieve a five-star…

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Feb 22, 2021 Finance / Fitness / Retail / Wellness /

 
 

Dubai theme park operator urges shareholders to back takeover offer

Dubai-based DXB Entertainments, operator of Dubai Parks and Resorts, is urging shareholders to accept an offer from its majority shareholder, state-controlled Meraas Holding, to acquire its…

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Feb 12, 2021 Attractions / Entertainment / Finance / Retail / Tourism /

 
 

International fitness bodies launch leadership initiatives

The International Health, Racquet & Sportsclub Association (IHRSA) and the Singapore-based Fit Summit have this week each launched leadership initiatives that aim to shape and provide…

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Feb 11, 2021 ByKaren Sweaney Finance / Fitness / Marketing / Wellness /

 
 

Reorganised V1 Group looks for expansion in China’s sport and entertainment industries

Leading Chinese sports lottery and entertainment service provider the V1 Group is looking for significant growth in the domestic market following a recent internal reorganisation. With a…

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Feb 11, 2021 Finance / Hospitality / Sport /

 
 

COVID-19 forces a rethink of major stadiums and sports facilities around the world

Kevin Wilson suggests that the Coronavirus pandemic has further exaggerated the ‘white elephant’ characteristics of just about all large spectator sport facilities. In recent…

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Jan 25, 2021 ByKevin Wilson Events / Features / Finance / Sport / Venues /

 
 

IOC insists Tokyo Olympics will not be cancelled because of COVID-19 pandemic

Amid speculation that Japan’s Government has privately concluded the Tokyo Olympics will have to be cancelled because of the Coronavirus pandemic, Japanese Prime Minister Yoshihide…

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Jan 23, 2021 Events / Finance / Government / Sport /

 
 

Government backs US$46 million makeover for Hong Kong’s Ocean Park

The Hong Kong Government is to provide HK $361 million (US$46 million) for a makeover of the administrative region’s Ocean Park into a new style of tourism destination with a role as…

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Jan 19, 2021 Attractions / Environment / Finance / Government / Tourism /

 
 

Owners agree sale of ‘leisure-tainment’ business Funlab to private equity firm TPG Capital

Global private equity firm TPG Capital has agreed to acquire Australian bowling alleys and mini golf business Funlab from its current owners at a reported cost of $250 million. Agreed…

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Jan 15, 2021 Attractions / Entertainment / Finance / Recreation /

 
 

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