The Nation
Published on January 31, 2011
Clark Hatch, a professional gym and fitness centre chain, is eyeing Siem Reap in Cambodia as a target for expansion. The company already operates one centre in Phnom Penh.
John Sheppard, a senior partner at Clark Hatch, said the company operated in 11 countries, including Thailand where it has 16 centres. The company has set aside Bt2 million to renovate its branch at Thaniya Plaza.
Sheppard said the company is also interested in tapping the Indian market, especially Bombay. The city represents one of the biggest markets in Asia due to the size of its population.
Nevertheless, rental rates in India are very high, he noted.
Sheppard said the fitness business in Thailand was quite stable. He said expansion would proceed at a slow pace but there was more room to grow in the provincial cities.
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