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Coordinates: 51°45′54″N 0°14′24″W / 51.765°N 0.240°W / 51.765; -0.240
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London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son.<ref name=nextgenerationclubs>{{cite web |url=http://www.nextgenerationclubs.co.uk/?p=press&a=1 |title=London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd |accessdate=15 July 2011 |author= |date=5 June 2007 |work=Press release |publisher=Next Generation Clubs |archiveurl=https://web.archive.org/web/20071008061334/http://www.nextgenerationclubs.co.uk/?p=press&a=1 |archivedate=8 October 2007}}</ref>
London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son.<ref name=nextgenerationclubs>{{cite web |url=http://www.nextgenerationclubs.co.uk/?p=press&a=1 |title=London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd |accessdate=15 July 2011 |author= |date=5 June 2007 |work=Press release |publisher=Next Generation Clubs |archiveurl=https://web.archive.org/web/20071008061334/http://www.nextgenerationclubs.co.uk/?p=press&a=1 |archivedate=8 October 2007}}</ref>


On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to [[TDR Capital]] for £750m. Since then, David Lloyd Leisure has grown from 90 clubs to 125 through both new build and acquisition of existing clubs and groups. During this period TDR Capital has invested £440m into the existing clubs to ensure that they continue to deliver profits for shareholders. Membership prices have also grown exponentially with a focus on money-making activities (e.g., Delta, Tennis Drills, Reformer Pilates). Conversely their customer service has decreased exponentially and their overall member ratings have steadily declined. Members state that varying membership prices from member to member for the same services is common. This paired with an astronomical increase in overall prices and decrease in cleanliness and service signals a downturn in the company.
On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to [[TDR Capital]] for £750m. Since then, David Lloyd Leisure has grown from 90 clubs to 125 through both new build and acquisition of existing clubs and groups. During this period TDR Capital has invested £440m into the existing clubs to ensure that they continue to deliver market leading facilities and services for its members.
The David Lloyd Leisure Group now has 100 clubs in the UK and a further 27 clubs internationally comprising its three brands David Lloyd Clubs, Harbour Clubs in London and David Lloyd Meridian in Germany.
The David Lloyd Leisure Group now has 100 clubs in the UK and a further 27 clubs internationally comprising its three brands David Lloyd Clubs, Harbour Clubs in London and David Lloyd Meridian in Germany.

Revision as of 10:23, 7 January 2023

David Lloyd Leisure
Company typeLimited company
IndustryHealth club, gym, tennis
Founded1982 (1982)
FounderDavid Lloyd
Headquarters
Hatfield, Hertfordshire
,
England, UK
Number of locations
130 total
101 in the UK
29 across Europe
[1]
Area served
UK, mainland Europe
Key people
Glenn Earlam, Executive Chairman
Russell Barnes, Chief Executive Officer
ServicesPremium Health, Fitness and Racquets
OwnerTDR Capital
Membersc.710,000
Number of employees
c.10,000
Websitewww.davidlloyd.co.uk

51°45′54″N 0°14′24″W / 51.765°N 0.240°W / 51.765; -0.240 David Lloyd Leisure is Europe's largest health, fitness and leisure business by revenue,[2] operating 127 clubs across nine countries.

History

David Lloyd established David Lloyd Leisure in 1982 and opened the first club, aimed at providing a family orientated, high quality fitness and leisure facility. This was somewhat distinct from the traditional gyms and sports centres of the time. There was also an emphasis on racquet sports.

By 1995, there were 18 David Lloyd Leisure clubs when Whitbread PLC acquired the company for £182 million,[3] incorporating it into its Restaurants & Leisure Division. Gerrard Duxbury remained as managing director of the division until 1996.

Whitbread ran more than 50 David Lloyd Leisure (DLL) clubs in the UK with a further number in Spain, the Netherlands and Belgium. However, by the mid-2000s, the business was giving Whitbread a poor financial return,[4] and on 2 August 2007 they sold it to London & Regional Properties and Bank of Scotland for £925 million. Whitbread used the proceeds from the sale to repay debt.[3]

London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son.[5]

On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to TDR Capital for £750m. Since then, David Lloyd Leisure has grown from 90 clubs to 125 through both new build and acquisition of existing clubs and groups. During this period TDR Capital has invested £440m into the existing clubs to ensure that they continue to deliver market leading facilities and services for its members. The David Lloyd Leisure Group now has 100 clubs in the UK and a further 27 clubs internationally comprising its three brands David Lloyd Clubs, Harbour Clubs in London and David Lloyd Meridian in Germany.

David Lloyd Bicester became DLL's 130th club (and 101st Club in the UK) when it opened in September 2022.

Since 2017, David Lloyd Leisure has been voted into the Sunday Times’ 25 Best Companies to work for by its team, for four years.

Current operations

David Lloyd Leisure currently operates 101 clubs in the United Kingdom as well as 29 in Europe in Spain, Germany, France, Switzerland, Ireland, Belgium, Italy and the Netherlands.[6]

References

  1. ^ https://www.davidlloyd.co.uk/about-us David Lloyd Leisure. Retrieved 22 September 2022.
  2. ^ https://www2.deloitte.com/content/dam/Deloitte/de/Documents/consumer-business/European-Health-and-Fitness-Market-2020-Reportauszug.pdf [bare URL PDF]
  3. ^ a b Whitbread sells David Lloyd gyms, BBC News, 4 June 2007. Retrieved 15 July 2011.
  4. ^ Osborne, Alistair (2 September 2005). "Leisure boss ousted over poor figures". Daily Telegraph. Retrieved 15 July 2011.
  5. ^ "London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd". Press release. Next Generation Clubs. 5 June 2007. Archived from the original on 8 October 2007. Retrieved 15 July 2011.
  6. ^ "About". David Lloyd Leisure. Retrieved 2 December 2014.
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