Gold’s Gym International, Dallas, has sold 24 of its corporate-owned facilities in the Washington, D.C., area to former Gold’s Gym International executives, the company announced.
Health Club News
Slightly more than one in five Americans—64.2 million consumers—belonged to a health club in 2019, according to new data released by the International Health, Racquet & Sportsclub Association (IHRSA) and Physical Activity Council (PAC).
U.S. health club membership is up by 28% since 2010, according to a study conducted by IHRSA as part of the Physical Activity Council.
VASA Fitness, Orem, Utah, is planning to grow by 13 locations in 2020 as part of a Midwest-centric expansion plan that will see the high-volume, low-price (HVLP) chain add clubs in Indiana, Illinois and Wisconsin.
The proliferation of today's workout opportunities drove three million more Americans to begin exercising in 2019, curbing a three-year-long trend of stagnant activity rates, according to the latest report by the Sports & Fitness Industry Association (SFIA).
24 Hour Fitness is expanding to the Chicago market, and its first clubs are slated to open in the suburbs of Carol Stream and Schaumburg this spring. Each club will be nearly 40,000 square feet and offer multiple group exercise studios, an indoor lap pool, basketball court and locker rooms with private showers.
Life Time, Chanhassen, Minnesota, opened its Life Time Rancho San Clemente Tennis and Athletic Resort on Jan. 24, the company announced. The 10.5-acre resort with a 46,000-square-foot facility was formerly the Rancho San Clemente Tennis and Fitness Club.
This is the fifth Life Time facility in California, according to the company’s website.
Gold's Gym International CEO Adam Zeitsiff highlighted the company's 2019 successes in a recent media release. This includes the opening of 35 clubs, the signing of 22 American franchise agreements and numerous business developments in Australia, New Zealand and Asia.
Town Sports International (TSI), the operator of New York Sports Clubs, plans to offer its existing 600,000-plus members access to Flywheel Sports' offerings through packaged membership options. Conversely, Flywheel’s 300,000-plus members will be offered similar packages for accessing TSI facilities.
NNN Fitness Research document
second half 2019
Download the below PDF Report to see the following:
- Continued Growth Cycle
- Strong Fundamentals
- Recent Transactions
- US Health Club Industry Statistics
- Key Players & Physical Footprints