Revenue Improved for Health Clubs in 2010, IHRSA Says
Clubs participating in the International Health, Racquet and Sportsclub Association’s (IHRSA) annual financial index reported improved performance in revenue, membership dues revenue, non-dues revenue and EBITDAR for 2010, according to IHRSA. ...
The Sports Club Co. Reports Improved Q1 Revenue
The Sports Club Co., Los Angeles, reported first quarter 2011 revenue of $13.8 million, an increase of 4.7 percent from first quarter 2010. ...
Planet Fitness, World Gym Destroyed in Tuscaloosa Tornado
The Planet Fitness and World Gym clubs in Tuscaloosa, AL, were destroyed Wednesday by one of several devastating tornadoes that ripped through the town, the state of Alabama and across the South....
LA Fitness Acquisition Falls Through
A deal that LA Fitness had planned to consummate after it received a $300 million acquisition loan has fallen through, according to sources....
TSI’s First Quarter 2011 Revenues Decreased
Town Sports International (TSI), New York, had a decrease of $1.1 million, or 0.9 percent, in first quarter 2011 revenue compared to the same period last year, according to financials released by the company today. ...
Crunch Launches Pole Fitness Program
Crunch, New York, which has had pole fitness classes since 2004, has launched a new accredited pole fitness training program....
Healthworks Opens Low-Price GymIt in Boston
Healthworks Fitness Centers for Women, Boston, will open a new low-price club called GymIt next Monday near Boston University....
Life Time Fitness Eyes $1 Billion and East Coast
As Life Time Fitness announced 9.5 percent revenue growth in the first quarter, its CEO said the company may hit $1 billion in revenue this year as it ramps up plans for growth in number of clubs and related businesses and as it increases spending on marketing to improve retention....
Urban Active Faces Lawsuit, Responds to BBB Rating
Urban Active says it cannot comment on a recent lawsuit, but it is attempting to resolve complaints filed with the Better Business Bureau (BBB) of Central Ohio, which last week issued the Lexington, KY-based company an “F” rating....
North Carolina AG Cracking Down on Health Clubs
The state of North Carolina’s litigation against former Peak Fitness owner Jeff Stec is still ongoing....
Mountainside Fitness Plans Growth in Arizona
Mountainside Fitness, Tempe, AZ, plans for expansion in Scottsdale, AZ, with a new club and expansion of an existing club, the company announced. ...
In-Shape Health Clubs Acquires Club, Begins New Build
In-Shape Health Clubs, Stockton, CA, has acquired Ultimate Fitness, an 18,500-square-foot facility in American Canyon, CA, for an undisclosed sum....
LA Fitness Receives Acquisition Loan
LA Fitness recently received a $300 million acquisition loan, according to a recent report, and sources indicate the Irvine, CA-based company is close to purchasing a club company....
Smaiyra Million and Millennium Partners Transform Luxury Clubs into Lifestyle Brand
Millennium Partners Sports Club Management LLC, led by CEO Smaiyra Million, plans growth in the high-end club market beyond its six Sports Club/LA locations....
Planet Fitness Corporate Clubs Go 24/7
Planet Fitness has extended hours at its corporate-owned clubs in New Hampshire to 24 hours a day, seven days a week....
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