GLOBAL PADEL COURTS58,300+16% YoYPlaytomic/PwC 2026│
NEW PADEL COURTS+8,000In One YearPlaytomic/PwC 2026│
GLOBAL WELLNESS ECONOMY$6.8T+35% vs 2019GWI 2025│
WELLNESS REAL ESTATE$584B$1.1T by 2029GWI 2025│
US GOLF COURSE SALES$6.87M+38% Avg PriceLIPG 2024│
US CLUB INITIATION FEES2xVs Pre-PandemicGolf Digest 2025│
FAIRMONT LA HACIENDA€175MCosta del Sol DealCoStar 2025│
ELS CLUB VILAMOURAOpenedNew Els DesignGCA Sept 2025│

About Capital Links

The Business, Money & Trends Behind Active Life.

Capital Links is a weekly briefing on the business behind modern pursuits. From sport, wellness and private clubs to gear, travel and the institutions that shape them, we examine the ideas, money and changing behaviours behind how people spend their time.

Why This Exists

The real mechanics behind the pursuits you take seriously.

A private members' club earns its reputation the way a company earns a valuation, on numbers most people never see. The same is true of a ski resort's summer season, a race format reshaping gym membership, or the gear you're deciding whether to buy.

Capital Links exists to explain that layer directly: the economics behind a waitlist, the mechanics behind a fast-growing sport, the engineering inside a piece of kit, and the commercial decisions behind why a hotel just built a padel court.

We're not a sports magazine, a business title, or a lifestyle blog. We sit in the space between all three, for people who take their pursuits seriously enough to want the real mechanics behind them, sourced properly, in five minutes, without the padding.

Who Reads It

People who want the real detail, not the marketing version.

Founders, operators, investors and athletes who play, train and travel seriously, and want the real detail behind it rather than the marketing version.

People who care as much about how a club or a studio is actually run as what it's like to be a member, and who'd rather understand what they're paying for than just pay it without asking.

Free · Straight to your inbox

A weekly briefing on the business behind modern pursuits.

Each issue: one story, the real numbers, and what it signals next. In five minutes, without the padding.

READ BY FOUNDERS, OPERATORS, INVESTORS & ATHLETES