News: Finance
Xponential Fitness reports 58% increase in revenue for 2022
USA-based Xponential Fitness has reported US$245 million in revenue in 2022 - a 58% increase on the previous year - during which it saw 511 new studio openings across its total...
Apr 2, 2023
Finance /
Retail /
Fitness
F45 announces leadership changes with Mark Wahlberg named Chief Brand Officer
F45 Training Holdings Inc. has announced changes to its leadership team with the naming of industry veteran Tom Dowd as its new Chief Executive and Hollywood star and longtime...
Mar 30, 2023
Marketing /
Finance /
Fitness
Federal Office of Music provides further backing for venue-based music
The Federal Office of Music has this week announced that $2.5 million in targeted funding is available under the latest round of the Live Music Australia Program. The funding...
Mar 30, 2023
Finance /
Government /
Venues /
Entertainment /
Arts
Cairns Regional Council supports historic rugby league competition
Cairns Regional Council will provide more than $11,500 in funding to support FNQ Rugby League to host the 2023 Foley Shield at Barlow Park on 29th April to 1st May. The Foley...
Mar 29, 2023
Events /
Sport /
Finance
Paralympian Matt Levy invests in Swimming Australia’s Para High Performance unit
Five-time Paralympian Matt Levy OAM - one of the Australian Dolphins most respected athletes - has made the first of what will become an annual $15,000 investment in Swimming...
Mar 28, 2023
Events /
Education /
Finance /
Aquatics
QMusic secures $4 million funding boost for annual BIGSOUND event
The Queensland Government has announced almost $4 million in funding over the next four years for QMusic’s annual BIGSOUND event to raise the international profile of...
Mar 28, 2023
Events /
Culture /
Finance /
Entertainment /
Arts
Australian Olympic Committee’s Matt Carroll calls for $2 billion investment to drive green and gold decade
Australian Olympic Committee (AOC) Chief Executive Matt Carroll has called on the Federal Government to back sport’s ‘green and gold decade’ with an investment of $2 billion...
Mar 27, 2023
Events /
Sport /
Finance /
Government /
Venues
Survey shows Australians’ Easter travel spend will increase by $2 billion
A survey conducted by the Australian Retailers Association in collaboration with Roy Morgan Australian shows that Australian holidaymakers are set to spend more than $9.1...
Mar 27, 2023
Tourism /
Finance
Thailand’s S Hotels and Resorts reveals focus on Profit, Portfolio and Planet
S Hotels and Resorts PCL has stated it aim to exceed THB 10 billion (US$293 million) in revenue for the first time in 2023 - an increase of around 20% compared to last year’s...
Mar 27, 2023
Tourism /
Hospitality /
Finance /
Environment
10% of Australia's F45 studios up for sale
Amid ongoing troubles for F45 Training it has been reported that almost 10% of the franchisor's Australian sites are being offered for sale. As reported by the ABC, the brand...
Mar 26, 2023
Finance /
Entertainment /
Fitness
Commonwealth Games Australia calls for Federal Government support for Victoria's 2026 Games
Commonwealth Games Australia (CGA) has today called upon the Federal Government to commit the necessary preparation funding for the 20 sports that will feature in Victoria 2026...
Mar 26, 2023
Events /
Sport /
Finance /
Venues
Stirling Mortlock invests in EyeGuide concussion technology
Former Wallaby Rugby Union Captain Stirling Mortlock aims to see concussion technology devices as readily available as heart defibrillators now are in public settings. XV...
Mar 26, 2023
Sport /
Finance /
Wellness /
Technology
Improving Phuket tourism numbers set the stage for recovery by year-end
The post-pandemic tourism recovery on the Thai island of Phuket is prompting expectations that the industry will return to 2019 numbers by the end of this year. Headlined by a...
Mar 26, 2023
Tourism /
Hospitality /
Finance
Spark Event Group announces VIPeople acquisition
The Melbourne-based Spark Event Group has announced the acquisition of customer service staff specialist VIPeople – effective from 1st May 2023. Widely regarded as Australia’s...
Mar 23, 2023
Events /
Finance /
Venues /
Security
EVANZ backs campaign to stop cuts to Auckland Council's regional arts and events budget
With Auckland Council proposing major cuts to its regional arts and events funding in its draft budget for 2023/24, the Entertainment Venues Association of New Zealand (EVANZ)...
Mar 23, 2023
Finance /
Entertainment /
Arts
TCL’s 2023 Australasian sponsorships highlight powerful connection between technology and sport
Global leading consumer electronics manufacturers, TCL, has demonstrated its commitment to its customers and sport with the announcement of several high-profile Australasian...
Mar 23, 2023
Events /
Sport /
Marketing /
Finance /
Technology
SportWest's True Sport initiative secures more than $440,000
SportWest has been awarded $444,408 by the Western Australian Government to develop and deliver the True Sport initiative which aims to support industry, government and...
Mar 23, 2023
Sport /
Finance
Live Nation announces acquisition of majority stake in Clockenflap Festivals and Clockenflap Presents in Hong Kong
Live Nation has announced it has acquired a majority interest in Clockenflap, the Hong Kong-based event organiser specialising in music festivals and concerts, and its flagship...
Mar 22, 2023
Events /
Finance /
Venues /
Entertainment
Queensland Government opens Accessible Tourism Infrastructure grants
Small to medium sized tourism and events businesses are invited to apply for grants of between $25,000 to $500,000 with the Queensland Government having opened its $8 million...
Mar 21, 2023
Tourism /
Access /
Hospitality /
Finance
Fiji Community Association FNQ among community groups to share in Cairns Council funding
Fiji Community Association Far North Queensland is among the 20 successful applicants to share in over $170,000 in funding from Cairns Regional Council. The Association secured...
Mar 20, 2023
Events /
Sport /
Culture /
Finance /
Arts
Deloitte investment report predicts more sport mergers and acquisitions in 2023
A new report from global accounting and consultancy firm Deloitte has suggested that the international sport industry will enjoy new flows capital in 2023 as new stakeholders...
Mar 19, 2023
Sport /
Finance
JUMP! Swim School franchise breaks record for pre-registrations
The JUMP! Swim School Box Hill franchisee in north-western Sydney has broken the network’s pre-registration record with over 670 enrolments and 800 on the waitlist before the...
Mar 16, 2023
Safety /
Education /
Finance /
Aquatics /
Retail
Tourism ready to contribute more to the New Zealand economy
With New Zealand’s December 2022 quarter GDP results setting out a decline of 0.6%, Tourism Industry Aotearoa (TIA) Chief Executive Rebecca Ingram has highlighted the role...
Mar 16, 2023
Tourism /
Finance /
Government
University report spotlights inequities in arts funding for Western Sydney
A new report by Western Sydney University’s Centre for Western Sydney has spotlighted the inequities in funding, infrastructure and resources considered to be limiting the...
Mar 15, 2023
Education /
Culture /
Finance /
Government /
Arts