There have been three national lockdowns in England, with similar measures across the UK. Since the first lockdown, the British public has spent approximately eight months under restrictions which closed gyms in 2020 and 2021.
Consequently, it can be estimated that UK gyms have lost £3.1 billion of revenue since the start of the pandemic. With a surge in membership in January, it can be suggested that another £46.6 million is lost by the 1,164,000 people who we would have expected to join in January 2021.
These numbers are large sums of money, but since the first lockdown, this equates to £470,000 of lost revenue per fitness club. Equally, the cost of location rent, maintenance staff, and the investment into PPE and COVID-secure gym equipment mean that such losses will be maximised.
Gyms had been closed to protect the health and safety of the general population. However, the lack of physical exercise and the limitations on creating a healthy routine was limited. Gyms are essential for improving our personal health and fitness as restrictions continue to ease.