Leisure DB London Boutique Studio Report 2023

DEFINITIONS

LEISURE DB

Following on from the deliberations and decisions we’ve already outlined, the definitions for our London Boutique Studio Report 2023 are as follows:

BOUTIQUE STUDIOS

All permanent, standalone group exercise studios that fit the below criteria, typically: › Premium price tag (usually monthly membership of £100+ and/or 10-class packages priced at £120+) › No long-term commitment › 20+ classes a week

› Minimum eight-person capacity in every class › Boutique quality experience, product and service

BOUTIQUE STUDIO TYPES

Cardio: Primary offering at the studio is cardio-based classes, e.g. group cycling, circuits, functional fitness, boxing. Mind & Body: Primary offering at the studio is mind-body classes, e.g. yoga, barre, mat pilates, reformer pilates. CrossFit: All CrossFit-affiliated studios.

TOP OPERATORS

Boutique studios belonging to the leading operators, as ranked by number of locations.

INDEPENDENTS

Single-site boutique studios – not part of a larger brand or group of studios.

MULTI-SITE OPERATORS

Branded groups of studios or an owner that operates more than one studio.

OPENINGS & CLOSURES

Openings: New boutique studios. Closures: Closed boutique studios. If a studio is taken over by another operator, this is not counted as a closure or a new opening.

UNLIMITED MONTHLY MEMBERSHIP

Monthly membership fee to take part in an unlimited number of classes each month (or 30 classes each month), on the non-contract option if this is available, or the rolling monthly membership fee in the absence of a non-contract option.

CLASS PACK

One-off upfront fee to purchase a block of classes – e.g. five-, 10-, 20- or 30-class packs.

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LONDON BOUTIQUE STUDIO REPORT 2023

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