Welcome to Oxygen Consulting where the core purpose of my work is to provide compelling strategic business insight and advice for organisations connected to the global health and fitness industry.
I create significant value by blending my expertise as a fitness industry analyst and experience of working inside leisure organisations. It creates what I describe as a strategic empathy for the industry which goes far deeper than merely understanding a brand’s balance sheet.
Strategic advisory roles
Along with short-term consultancy assignments, I am also available for long-term non-executive advisory positions supporting CEOs and senior management with crafting and executing a compelling strategy.
To better understand why I am fascinated by the global health and fitness industry, please download and read the Oxygen Consulting company story.
This is a very challenging period for gyms, fitness studios and leisure centres which have been forced to close in England for a second time during November 2020. Read here about the work we are doing to support the independent sector.
Any independent gyms across the United Kingdom that require investment or are considering a sale can contact me for a confidential discussion.
Reports with a global readership
Oxygen Consulting has now published 11 reports and books on the UK and international fitness industry. The reports attract a global readership and can be purchased from the Knowledge Store. I use this deep understanding and business insight to advise organisations on how to navigate and generate opportunities through this fast-evolving marketplace.
To discuss a long-term non-executive strategic advisory role, consulting or speaking engagement please do get in touch.
Ray Algar (MBA, MA)
Fitness industry adviser and analyst
Purchase Oxygen Consulting's influential reports from the Knowledge Store.
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Along with short-term consultancy assignments, I am also available for longer-term non-executive advisory positions supporting CEOs and senior management with crafting and executing a compelling strategy.
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Great work Ray, an excellent, comprehensive report on the mid-market sector of the fitness industry.
Chuck Runyon, CEO, Anytime Fitness
Ray is a breath of fresh air to the leisure world. He brings an intelligence to the consultancy world that I haven’t seen very often. His seminars are brilliantly crafted, innovative and precise in delivering the message.Its no surprise to me that he is so busy across Europe.
Duncan Green, Managing Director, Momentum Business Development, UK
Looking through your new report now (Fitness Sector Social Good Report). Really well done and quite extensive. Love it!
Thomas Kolster, author of Goodvertising, Denmark
Ray’s two presentations at the IHRSA Convention in the United States were well-received. His message was clear, topical and future-oriented.
Hans Muench, Director of Europe, IHRSA ( International Health Racquet and Sportsclub Association), Germany
This is outstanding and a very comprehensive report (UK boutique fitness sector report). Well done to you and your team.
Kevin Yates, Investor and Director, 1Rebel
Ray had sufficient foresight to recognise the impact of social media on reputation before many others and an open mind that allows him to see how leisure sector organisations can extract insight and actions from consumer-generated media.
Jonathan Moody, Social Media Strategist, Socialware, Spain
Ray is one of the great strategists and researchers in the fitness and health club industry today. I follow all of his work and you should too. His research is fresh and unmatched and this new mid-market report is a wonderful piece of work.
Bryan O’Rourke, President, Fitness Industry Technology Council
Thank you for making your low-cost gym reports available to me. It has had a marked effect on my thinking and my future. I have taken the plunge and ended my corporate career to open a low-cost gym chain in South Africa.
Waldemar Smit, Managing Director myGym (Pty) Ltd, South Africa
Thank you for the opportunity to contribute (Fitness Sector Social Good Report). Without a doubt, it will be an impactful and well-received report.
Ioannis Ioannou, Assistant Professor of Strategy and Entrepreneurship, London Business School
Ray is hard working, bright and a no nonsense power source of professionally compiled insights into the European leisure industry
Sean Maguire, Managing Director, Legend Club Management Software
I am about halfway through (Fitness Sector Social Good Report) and it occurs to me that this treatise is more about strategy in the 21st century than corporate activism. Good stuff.
Frank Napolitano, President 24 Hour Fitness
Congratulations Ray, a great piece of work – mandatory reading for anyone with an interest in the fitness industry.
Steven Ward, CEO, ukactive
Ray that’s an insightful piece of work. Thanks again for your work on the deal.
Gavin Bell, Investment Manager, Maven Capital Partners
Ray’s ability to access the most complex issues and offer options for a resolution has been so important
Peter Crowley, Managing Director, Wave Leisure Trust
This is a great report Ray, well done.
Phillip Mills, CEO, Les Mills International, New Zealand
I have followed Ray’s industry research for many years. In fact, I was inspired to create Liikku after I read his UK low-cost gym sector report. It opened my eyes to the possibility that Finland could be ready for a simpler and more affordable year-round fitness experience. It is a tremendous asset for Liikku to be able to tap into Ray’s experience and insights.
Johanna Riihijärvi, CEO, Liikku
Thank you for your wonderful contribution to Intelligent Life
Ingrid Esling, Managing Editor, Intelligent Life Magazine (Part of the Economist Group)
I wanted to let you know that the work you have done recently on your “Health Club Industry Active Ageing Report” really resonates with me. It’s a wonderful report. Rarely do I feel such a strong affinity to a published report.
Kristen Green, Board Member – Fitness Australia
Ray has provided meaningful and comprehenisve strategic advice on a number of projects in the fitness industry. He has a very detailed knowledge of the sector, carries out extensive research and recently gave a valuable presentation to the Leisure Property Forum, which was extremely well received.
Chris Gotla, Partner, Fitspace Health Clubs
All the delegates I was talking to thought that you were among the top speakers. I think you really caught their interest and opened their eyes with your presentations. That was further confirmed in the big interest in your book.
Stefan Tingwell, Club Sweden (Healthy Business Conference, Gothenburg)
Ray uses his considerable intellect and diligent research to promote strategy that is evidence based. His knowledge and experience make him one of the most trusted and respected figures within the sector. If he writes a piece in a journal, web-site or blog, I will read it in full, knowing the care that went into producing it.
Grant Wright, Regional Director, Holmes Place, UK
I just finalized my first round on the report. I would say a great, down to earth, description of today’s health and fitness industry.
Peter Byman, Founding Partner, Fitness Group Nordic
Ray’s passion and unbridled optimism are contagious. Combine that with his ability to think analytically and apply complex research in the health and fitness field, and you’ve got a powerful and thought-provoking consultant.
Kevin Foley, Web Content Manager, IHRSA, United States
I first met Ray when we were co-presenting at the IHRSA track at the Rimini Wellness Conference in Italy May 2007. Ray has an enormous insight in the fitness industry and can take both an analytical and practical approach to all issues, which gives him high credibility as a service consultant and as a commentator of the industry.
Rasmus Ingerslev, Founder Wexer and Chairman Barry’s Bootcamp Nordic
Your report (Health Club Industry Mid-market Report) has had a huge impact on how Precor thinks about the market and from operators as well. I think it’s a landmark piece.
Brian Kane Senior Manager, Commercial Management & Consumer Insights, Precor