TSI Seeking Lenders for $350 Million Debt Facility
Town Sports International (TSI) has called on two investment banks to search for debt institutions that will provide a new $350 million debt facility....
TRX Gets Investment from Private Equity Fund
Castanea Partners has purchased a minority interest in TRX, formerly known as Fitness Anywhere, San Francisco, Castanea Partners announced today. ...
YMCA to Manage Nevada Rec Center Hit by Recession
The YMCA of Southern Nevada has been awarded the contract to operate a new $18 million recreation center by the City of North Las Vegas. ...
Boston Kroc Membership Fees Questioned
The Salvation Army Ray and Joan Kroc Corps Community Center in Boston just celebrated its grand opening last week in Boston, but is already drawing criticism regarding its membership fees....
Cybex Plans Appeal This Month
As Cybex International celebrates higher revenue in first quarter 2011, the company plans an appeal of a $66 million liability judgment....
More Changes Made at Star Trac
Larry Domingo, executive vice president of global sales for Star Trac, has left the company....
Club Membership Exceeds 50 Million in 2010
Health club membership in the United States jumped 10.8 percent to 50.2 million in 2010 from 45.3 million in 2009, the International Health, Racquet and Sportsclub Association (IHRSA) said....
Life Time Gets Exemption on $460,400 Contract
Life Time Fitness gets to keep its $460,400 contract with the city of Minneapolis after the city council voted last week to approve an exemption for the company. ...
VGB Pool Drain Covers Are Focus of Government Investigation
Some pool drain covers that were certified as compliant with the Virginia Graeme Baker Pool and Spa Safety Act (VGB), a federal law that requires all public pools and spas to be fitted with anti-entrapment drain covers, may not protect against that risk, according to a government investigation....
Gold’s Gym Enters Oklahoma City, Low-Price Markets
The concentration of growth for the next wave of Gold’s Gyms will be in Texas and Oklahoma....
IHRSA Show Highlighted by Bash for Augie’s Quest
The 30th annual International Health, Racquet and Sportsclub Association (IHRSA) show was packed with a variety of activities for the more than 10,400 industry professionals, including 7,000 convention and trade show attendees....
24 Hour Fitness, Vendor Quell Fears of Cardless Check-in System
When 24 Hour Fitness rolled out its cardless check-in system, which uses fingerprint scanning instead of membership cards, one of the questions many of its members had was what, exactly, their club would do with their fingerprints. ...
Fitness Equipment R&D Has Not Been Affected By the Recession, Manufacturers Say
Despite several years of a recession, few fitness equipment manufacturers say they have cut back on research and development efforts. ...
Pool Operators Face ADA Deadline, Continued VGB Compliance Issues
Just two years after updating pool drains to comply with the Virginia Graeme Baker Pool & Spa Safety Act, operators of public swimming pools, wading pools and spas must be prepared to comply with the new Americans with Disabilities Act....
Fusion Pilates Gains Acceptance at Health Clubs
Dedicated Pilates students for years are now expecting something more out of their workout. This fusing of Pilates was once controversial as some devotees worried it could dilute Pilates’ principles, but it is now commonplace in many fitness facilities. ...
Army Takes New Approach to Fitness
The last year has seen the greatest changes in the Army’s fitness training and testing in several decades, but they did not result due to a sudden change in approach....
Financial Future Looks Brighter for the Fitness Industry, Panel Says
As the U.S. economy improves, several financial experts are predicting a better future for the fitness industry—but perhaps not until next year. ...
Liability Suit Affects Cybex’s 2010 and Q4 Financials
Cybex International Inc., Medway, MA, had higher net sales for fourth quarter 2010 and the full year, but it had a higher net loss for both periods, primarily due to a $66 million product liability suit....
Technogym Introduces New Ways for Clubs to Connect to Members
Technogym is best known within the U.S. club industry as a manufacturer of fitness equipment, but the launch of two new products could help more operators see them in a new light....
Masseur Charged with Criminal Sexual Contact
A masseur at a club in Jersey City, NJ, was arrested and charged with criminal sexual contact after he allegedly told a female member he was homosexual and proceeded to massage her breasts and buttocks....
Life Time Faces Possible $460,400 Contract Loss
The city of Minneapolis may pull a $460,400 per year fitness contract from Life Time Fitness, Chanhassen, MN, because the health club chain does not offer benefits to its employees’ domestic partners. ...
Personal Trainer to Watch Contest Announced
Life Fitness and the American Council on Exercise (ACE) have partnered on a contest to search for America’s Top Personal Trainers to Watch. ...
The Future of Cardio Equipment Lies in the Consoles
Console technology is at the heart of many of the changes in cardio equipment these days. It’s where many manufactures have focused their research and development attention....
Navy Fitness Center Proposal Criticized by Senate Committee
The U.S. Navy’s plan to build a $50 million fitness center at a San Diego base was the subject of criticism during a recent Senate hearing on military spending....
Fitness Anywhere Changes Name to TRX
Fitness Anywhere, the San Francisco-based company that produces the TRX Suspension Trainer, will now be known as TRX....
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