David Lloyd Clubs continues expansion with four sites planned for year end
David Lloyd Clubs (DLC) is on course to open four more spa retreats before the end of the year, as the leisure operator continues to expand.
The health and wellness group – which currently runs 23 spa retreats – said it has a “strong pipeline” of future openings, including more next year.
DLC operates three brands across a total of 103 UK clubs and 30 in mainland Europe.
This comes as the group releases its results for the first half of the year, a period during which it acquired Wickswood Country Club and Spa near Brighton.
Since the period end, DLC has also successfully opened clubs in Rugby, Shawfair, and Sterrebeek.
During the six months ending 30 June, the group saw its revenue increase by 16% to £372.9m, up from £320.4m in the first half of 2022. DLC’s earnings (EBITDA) also grew year-on-year, from £80.5m to £84.1m.
DLC chief executive Russell Barnes said: “I am delighted to report a strong six months for the business. While the challenging macro environment has been well publicised, we are also seeing families prioritise mental and physical well-being.”
“We are dedicated to making sure that we continue to meet those needs – continuing to expand and evolve our offer, invest in equipment and facilities, and open more clubs around the country. We deliberately offer something different to venues which focus solely on exercise and know that our members value being part of the David Lloyd community.”
“We are very excited about some of the opportunities ahead, and remain confident in both
the outlook for the full year and longer term.”