Commercial Clubs http://clubindustry.com/taxonomy/term/7414/more en Earth Treks Will Open Additional Climbing Gyms with New Equity Partnership http://clubindustry.com/commercial-clubs/earth-treks-will-open-additional-climbing-gyms-new-equity-partnership <div class="node-body article-body">Tengram Capital Partners is investing in Earth Treks climbing gyms after it said it was attracted to the brand's focus on customer service and its full-service retail stores. For Earth Treks CEO Chris Warner, the expansion-driven partnership with Tengram Capital means more advancement opportunities for the gyms’ trainers and staff. </div> <p><a href="http://clubindustry.com/commercial-clubs/earth-treks-will-open-additional-climbing-gyms-new-equity-partnership" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/earth-treks-will-open-additional-climbing-gyms-new-equity-partnership#comments Commercial Clubs Sun, 26 Mar 2017 22:24:00 +0000 62701 at http://clubindustry.com <p>Earth Treks currently operates five gyms in Maryland, Virginia and Colorado. With the new investment, the company plans to&nbsp;open more locations in new and existing markets, but Marketing Director Tori Barnett said it is too early to determine exactly where they will be located. (Photo courtesy Earth Treks.)</p> Indianapolis Planet Fitness Franchise Group Gets 'Significant' Investment for Expansion http://clubindustry.com/commercial-clubs/indianapolis-planet-fitness-franchise-group-gets-significant-investment-expansion <div class="node-body article-body">Atlantic Street Capital is investing in Planet Fit Indy, the Indianapolis, Indiana, franchise group for Planet Fitness, and will work alongside Planet Fit Indy CEO Mike Campagnolo to grow the franchisee's footprint in the Indianapolis area and beyond. </div> <p><a href="http://clubindustry.com/commercial-clubs/indianapolis-planet-fitness-franchise-group-gets-significant-investment-expansion" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/indianapolis-planet-fitness-franchise-group-gets-significant-investment-expansion#comments Commercial Clubs Wed, 22 Mar 2017 15:17:00 +0000 62651 at http://clubindustry.com <p>Atlantic Street Capital targets middle-market companies with $4 million to $12 million in EBITDA. Planet Fit Indy is the firm&rsquo;s first platform investment since it raised its Fund III with more than $210 million in capital commitments in 2016. (Photo courtesy Planet Fitness.)</p> 2017 AFS Report Shares Buying Habits of Studio Owners http://clubindustry.com/studies/2017-afs-report-shares-buying-habits-studio-owners <div class="node-body gallery-body">One-third of studio operators spend $1,000 to $5,000 annually on fitness equipment while just under 17 percent spend $5,000 to $10,000, according to a new report from Association of Fitness Studios (AFS), which shares more details on buying habits of studio owners. </div> <p><a href="http://clubindustry.com/studies/2017-afs-report-shares-buying-habits-studio-owners" target="_blank">read more</a></p> http://clubindustry.com/studies/2017-afs-report-shares-buying-habits-studio-owners#comments Commercial Clubs Studies Wed, 22 Mar 2017 12:59:00 +0000 62631 at http://clubindustry.com Flywheel Sports Appoints Former Nike, Equinox Exec as CCO http://clubindustry.com/commercial-clubs/flywheel-sports-appoints-former-nike-equinox-exec-cco <div class="node-body article-body">Flywheel Sports Inc. adds another former Equinox executive to its ranks by hiring Geralyn Coopersmith just one month after appointing Sarah Robb O'Hagan as CEO. </div> <p><a href="http://clubindustry.com/commercial-clubs/flywheel-sports-appoints-former-nike-equinox-exec-cco" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/flywheel-sports-appoints-former-nike-equinox-exec-cco#comments Commercial Clubs Tue, 21 Mar 2017 16:03:00 +0000 62491 at http://clubindustry.com <p>Geralyn Coopersmith joins Flywheel Sports, which has 40 Flywheel and 22 FlyBarre studios in the United States, after stints at Equinox and Nike. (Photo courtesy Flywheel Sports Inc.)</p> Equinox Names Niki Leondakis as CEO, Promotes Harvey Spevak http://clubindustry.com/commercial-clubs/equinox-names-niki-leondakis-ceo-promotes-harvey-spevak <div class="node-body article-body">Niki Leondakis will assume the role of Equinox's CEO in April where she will use her 30 years of hospitality experience to develop Equinox’s hotel concept, the first of which is slated for a 2019 open, as well as to lead the executive team. </div> <p><a href="http://clubindustry.com/commercial-clubs/equinox-names-niki-leondakis-ceo-promotes-harvey-spevak" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/equinox-names-niki-leondakis-ceo-promotes-harvey-spevak#comments Commercial Clubs Tue, 21 Mar 2017 13:56:00 +0000 62481 at http://clubindustry.com <p>New CEO Niki Leondakis will bring decades of hospitality industry experience to Equinox, as the company begins to branch into the hotel business.&nbsp;Since 2012, she has managed 95 hotels and resorts in North America and Asia for&nbsp;Two Roads Hospitality.&nbsp;Previously, she was president and CEO of&nbsp;<span data-scayt-lang="en_US" data-scayt-word="Kimpton">Kimpton</span>&nbsp;Hotels and Restaurants for 19 years. (Photo by Stuart Goldman.)</p> Mark Smith Leaves 24 Hour Fitness; Frank Napolitano Named Acting CEO http://clubindustry.com/commercial-clubs/mark-smith-leaves-24-hour-fitness-frank-napolitano-named-acting-ceo <div class="node-body article-body">Mark Smith and the 24 Hour Fitness Board of Directors came to a mutual agreement for Smith to leave his role as CEO effective immediately. He had been appointed CEO in 2014 when Forstmann Little and Co. sold the company. </div> <p><a href="http://clubindustry.com/commercial-clubs/mark-smith-leaves-24-hour-fitness-frank-napolitano-named-acting-ceo" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/mark-smith-leaves-24-hour-fitness-frank-napolitano-named-acting-ceo#comments Commercial Clubs Fri, 17 Mar 2017 00:42:00 +0000 62461 at http://clubindustry.com <p>Frank Napolitano has been appointed as acting CEO of 24 Hour Fitness after the departure of Mark Smith. Napolitano joined the company in 2014 after its current owners purchased it from Forstmann Little and Co. (Photo courtesy 24 Hour Fitness.)&nbsp;</p> Crawling on the Floor Might Be Key to Your Health Club's Success http://clubindustry.com/commercial-clubs/crawling-floor-might-be-key-your-health-clubs-success <div class="node-body article-body">Small data is more powerful than big data. And arriving at that small data often requires getting a view of your company from the perspective of your customer as well as observing your customer instead of just asking questions, according to futurist and author Martin Lindstrom. </div> <p><a href="http://clubindustry.com/commercial-clubs/crawling-floor-might-be-key-your-health-clubs-success" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/crawling-floor-might-be-key-your-health-clubs-success#comments Commercial Clubs Wed, 15 Mar 2017 17:22:00 +0000 62371 at http://clubindustry.com <p>Martin Lindstrom, author and futurist, spoke at the IHRSA&nbsp;conference last week, sharing insights he has gained through working with brands such as IKEA, The Walt Disney Company, Nestle, LEGO Company and more. (Photo courtesy IHRSA.)</p> 25 Top Social Media Moments from IHRSA 2017 in Los Angeles http://clubindustry.com/commercial-clubs/25-top-social-media-moments-ihrsa-2017-los-angeles <div class="node-body article-body">The Club Industry staff captured highlights from last week's 36th annual International Convention and Trade Show of the International Health, Racquet & Sportsclub Association (IHRSA) in Los Angeles. Scroll down to view the staff's 25 favorite posts from Twitter and Instagram.</div> <p><a href="http://clubindustry.com/commercial-clubs/25-top-social-media-moments-ihrsa-2017-los-angeles" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/25-top-social-media-moments-ihrsa-2017-los-angeles#comments Commercial Clubs Vendors Wed, 15 Mar 2017 17:21:00 +0000 62331 at http://clubindustry.com <p>Attendees at the 36th annual International Convention and Trade Show of the International Health, Racquet &amp; Sportsclub Association (IHRSA) participate in a Precor training demo on March 9 in Los Angeles. (Photo by Anthony Dominic.)</p> 24 Hour Fitness Renews Olympic Partnership Through 2020 http://clubindustry.com/commercial-clubs/24-hour-fitness-renews-olympic-partnership-through-2020 <div class="node-body article-body">Through a partnership with the United States Olympic Committee, 24 Hour personal trainers will be eligible to complete the U.S. Olympic Committee Certification Program, while continuing to provide on-site consulting during Olympic games.</div> <p><a href="http://clubindustry.com/commercial-clubs/24-hour-fitness-renews-olympic-partnership-through-2020" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/24-hour-fitness-renews-olympic-partnership-through-2020#comments Commercial Clubs Wed, 15 Mar 2017 13:39:00 +0000 62361 at http://clubindustry.com <p>Team USA Athlete Lex Gillette exercises inside a 24 Hour Fitness facility. Since 2004, the fitness company has partnered with U.S. Olympic teams in developing High Performance Training Centers in Olympic host cities. (Photo courtesy 24 Hour Fitness.)</p> Johnny 'Cupcakes' Earle Preaches Customer Loyalty in IHRSA Keynote http://clubindustry.com/commercial-clubs/johnny-cupcakes-earle-preaches-customer-loyalty-ihrsa-keynote <div class="node-body article-body">If you want to win your customers' affection, "it should feel like their birthday" every time they do business with you. This sentiment was at the heart of Johnny Earle's March 10 keynote presentation at IHRSA in Los Angeles.</div> <p><a href="http://clubindustry.com/commercial-clubs/johnny-cupcakes-earle-preaches-customer-loyalty-ihrsa-keynote" target="_blank">read more</a></p> http://clubindustry.com/commercial-clubs/johnny-cupcakes-earle-preaches-customer-loyalty-ihrsa-keynote#comments Commercial Clubs Wed, 15 Mar 2017 06:37:00 +0000 62341 at http://clubindustry.com <p>Not being afraid to fail has helped fuel the success of&nbsp;Johnny Earle, founder of Johnny Cupcakes, who spoke at the 36th annual International Convention and Trade Show of the International Health, Racquet &amp; Sportsclub Association (IHRSA) in Los Angeles. (Photo courtesy IHRSA.)</p>