World Leisure Jobs - ClassPass acquires Asian aggregator GuavaPass...
21 Aug 2019 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

22 Jan 2019

ClassPass acquires Asian aggregator GuavaPass
BY Tom Walker

The acquisition will result ClassPass now operating in more than 80 markets across 15 countries

The acquisition will result ClassPass now operating in more than 80 markets across 15 countries

Fitness subscription service ClassPass acquired GuavaPass, a fitness aggregator operating in Asia and the Middle East.

ClassPass will take over GuavaPass' operations in 11 cities across the two regions, including Abu Dhabi, Bangkok, Beijing, Dubai, Hong Kong, Mumbai and Singapore.

GuavaPass founders Jeffrey Liu and Rob Pachter will join the ClassPass team, along with some of the GuavaPass top team.

The move is part of ClassPass’ strategy to expand its international presence and comes six months (July 2018) after the company secured US$85m (€72.5m, £64.5m) worth of series D financing from private equity giant L Catterton and Singapore-based investment company Temasek.

Following the deal, GuavaPass will cease operations in markets where ClassPass is already available. In markets where ClassPass hasn't got an active presence, GuavaPass brand will continue to operate under the ClassPass umbrella "until further notice".

“The GuavaPass deal will continue our strategy to build the biggest fitness membership for our customers, and the largest global network for our partners," said ClassPass CEO Fritz Lanman.

"This transaction will accelerate our robust growth trajectory as we continue expanding throughout Asia and the Middle East."

The acquisition will result ClassPass now operating in more than 80 markets across 15 countries. The company is already planning further expansion and has announced plans to launch "in at least 50 new markets" in 2019.

“ClassPass is already the leading fitness aggregator in the US,” said Chloe Ross, ClassPass VP of International.

“We’re doubling-down on our international expansion efforts with no intentions of slowing down in 2019."



Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
'World's highest aquarium' opens in China
'World's highest aquarium' opens in China   21 Aug 2019

Standing more than 2,200 metres (7,200ft) above sea level, a new aquarium just opened in Xining, Qinghai Province in northwest China, now hold's the .... more>>
MVRDV-designed Pixel looks to introduce community-spirit concept to Abu Dhabi
MVRDV-designed Pixel looks to introduce community-spirit concept to Abu Dhabi   21 Aug 2019

Construction work has begun on Pixel, a new residential-led, mixed-use project in Abu Dhabi's new Maker's District. Designed by MVRDV, the .... more>>
The Spa at Windsor Court to undergo major renovation
The Spa at Windsor Court to undergo major renovation   20 Aug 2019

The Spa at Windsor Court Hotel in New Orleans, US, is set to undergo a major renovation that will see the addition of new relaxation spaces and .... more>>
Phased reopening for new Denver Art Museum facilities begins June 2020
Phased reopening for new Denver Art Museum facilities begins June 2020   20 Aug 2019

Denver Art Museum in Colorado, US, is to begin a phased reopening of its campus in June 2020, with a new welcome centre, learning and engagement .... more>>
Company profile


TOR Systems Ltd

TOR Systems have been in this business since 1981.

View full profile>>

Catalogue gallery


Featured Supplier

Dyaco grows UK business with new headquarters and key appointment

Dyaco grows UK business with new headquarters and key appointment

Following a year of strong growth, leading fitness equipment provider Dyaco has moved to a new UK headquarters in Milton Keynes, marking a significant milestone for the company. More>>




in this issue

• Equinox's home fitness launch overshadowed by Trump furore
• Holmes Place founder takes over TRIB3
• Merlin Entertainments returns to growth



World Leisure jobs




General Assistant
Salary: £5.60 - £8.21 per hour
Location: Nailsea, UK
Company: Legacy Leisure
Head of Business Development
Salary: £44,038 pa (plus benefits)
Location: Oldham, UK
Company: Oldham Community Leisure
Recreation Assistant (Lifeguard)
Salary: Up to £10.55 per hour
Location: Ruislip, UK
Company: GLL
Leisure Team Member Apprentice
Salary: Up to £22,008 per annum
Location: Barnet, UK
Company: GLL
Diary dates
Powered by leisurediary.com




03 Sep 2019

Spa Business Bootcamp Course

Laico Hotels & Resorts Regency, Nairobi, Kenya


05 Sep 2019

Spa Business Bootcamp Course

Sarova Whitesands Beach Resort & Spa, Mombasa, Kenya



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Profile: Aaron Simpson
Quintessentially is an exclusive concierge service for some of the world’s richest people. Co-founder Aaron Simpson reveals what wealthy people want More>>
  Restaurants: Sharing the love
Famous restaurants are popping up in unexpected places. We found out more More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Last word: Nature’s bounty
FairWild is setting standards in the harvesting of wild ingredients More>>
  Editor’s letter: Failing the elderly
Liz Terry shares her thoughts More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd