lifetime fitness http://clubindustry.com/taxonomy/term/7427/more en Life Time Fitness Enters into Agreement to Be Purchased for $4 Billion http://clubindustry.com/profits/life-time-fitness-enters-agreement-be-purchased-4-billion <div class="node-body article-body">Life Time Fitness, Inc., Chanhassen, MN, has entered into a definitive merger agreement under which affiliates of Leonard Green & Partners and TPG will acquire Life Time in a transaction valued at more than $4 billion.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/life-time-fitness-enters-agreement-be-purchased-4-billion" target="_blank">read more</a></p> http://clubindustry.com/profits/life-time-fitness-enters-agreement-be-purchased-4-billion#comments For-profits lifetime fitness Mon, 16 Mar 2015 12:09:00 +0000 38311 at http://clubindustry.com <p>Photo courtesy Life Time Fitness.</p> Life Time Fitness in Talks for Possible Sale, WSJ reports http://clubindustry.com/lifetime-fitness/life-time-fitness-talks-possible-sale-wsj-reports <div class="field-byline"> Pamela Kufahl, director of content and engagement </div> <div class="node-body article-body">Life Time Fitness is in talks with two possible buyers who could take the company private, according to The Wall Street Journal.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/lifetime-fitness/life-time-fitness-talks-possible-sale-wsj-reports" target="_blank">read more</a></p> http://clubindustry.com/lifetime-fitness/life-time-fitness-talks-possible-sale-wsj-reports#comments For-profits lifetime fitness Fri, 06 Mar 2015 00:49:00 +0000 38041 at http://clubindustry.com <p>A Wall Street Journal article reports that Life Time Fitness may be sold and go private.&nbsp;</p> Life Time Fitness Reaches Possible $15 Million Settlement in TCPA Class Action Suit http://clubindustry.com/profits/life-time-fitness-reaches-possible-15-million-settlement-tcpa-class-action-suit <div class="field-byline"> Amy Fischbach, contributing news writer </div> <div class="node-body article-body">Life Time Fitness, Chanhassen, MN, will pay from $10 million to $15 million to settle a class action lawsuit alleging the company violated the Telephone Consumer Protection Act (TCPA).</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/life-time-fitness-reaches-possible-15-million-settlement-tcpa-class-action-suit" target="_blank">read more</a></p> http://clubindustry.com/profits/life-time-fitness-reaches-possible-15-million-settlement-tcpa-class-action-suit#comments For-profits lifetime fitness Mon, 02 Mar 2015 17:48:00 +0000 37821 at http://clubindustry.com <p>Even though Life Time Fitness asserted that it could text members with offers because the members gave the company their cell phone numbers, Life Time decided to settle a class action lawsuit related to the practice. <em>Photo by Thinkstock.</em></p> Life Time Fitness Reports 7 Percent Revenue Growth in 2014, Decreased Attrition http://clubindustry.com/profits/life-time-fitness-reports-7-percent-revenue-growth-2014-decreased-attrition <div class="field-byline"> Pamela Kufahl, director of content and engagement </div> <div class="node-body article-body">Life Time Fitness had an 7 percent revenue growth for 2014 as well as a 8.3 percent growth in fourth quarter 2014. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/life-time-fitness-reports-7-percent-revenue-growth-2014-decreased-attrition" target="_blank">read more</a></p> http://clubindustry.com/profits/life-time-fitness-reports-7-percent-revenue-growth-2014-decreased-attrition#comments For-profits lifetime fitness Thu, 26 Feb 2015 13:27:00 +0000 37751 at http://clubindustry.com <p>Life Time Fitness experience revenue and membership growth in fourth quarter 2014 as well as full-year 2014. It also experience a decrease in membership attrition. <em>Photo courtesy of Life Time Fitness.&nbsp;</em></p> Life Time Fitness to Move Athletic Events Division to Colorado http://clubindustry.com/profits/life-time-fitness-move-athletic-events-division-colorado <div class="node-body article-body">Life Time Fitness is moving its athletic events division from Minnesota to Colorado to bring the staff for its 65 events under one roof.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/life-time-fitness-move-athletic-events-division-colorado" target="_blank">read more</a></p> http://clubindustry.com/profits/life-time-fitness-move-athletic-events-division-colorado#comments For-profits lifetime fitness Wed, 18 Feb 2015 14:48:00 +0000 37431 at http://clubindustry.com Life Time Fitness Will Enter the Boston Market This Summer http://clubindustry.com/profits/life-time-fitness-will-enter-boston-market-summer <div class="node-body article-body"><p>Life Time Fitness, Chanhassen, MN, plans to open its first club in Massachusetts this summer in the Boston suburb of Westwood, company officials announced. The facility will be part of the new <a href="http://www.universitystationwestwood.com/" target="_blank"><strong>University Station development</strong></a>, a mixed-used development of retail, office and hotel space that also will include 350 luxury apartment homes in the first phase of development.</p></div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/life-time-fitness-will-enter-boston-market-summer" target="_blank">read more</a></p> http://clubindustry.com/profits/life-time-fitness-will-enter-boston-market-summer#comments For-profits lifetime fitness Freemium Wed, 11 Feb 2015 16:52:00 +0000 37251 at http://clubindustry.com <p>The three-story, 128,000-square-foot Life Time Athletic in the University Station development in Westwood, MA, will be adjacent to an Amtrak line and an MBTA commuter rail station. <em>Rendering courtesy of Life Time Fitness.</em></p> Trial Date Set for Former NBA Player in Alleged Attack at Life Time Fitness http://clubindustry.com/profits/trial-date-set-former-nba-player-alleged-attack-life-time-fitness <div class="node-body article-body">Former Chicago Bulls player Rick Brunson is scheduled to stand trial on March 9 in Lake County, IL, for an alleged attack on a massage therapist at a Life Time Fitness club. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/trial-date-set-former-nba-player-alleged-attack-life-time-fitness" target="_blank">read more</a></p> http://clubindustry.com/profits/trial-date-set-former-nba-player-alleged-attack-life-time-fitness#comments For-profits lifetime fitness Wed, 11 Feb 2015 01:21:00 +0000 37181 at http://clubindustry.com <p>Rick Brunson, shown here in 2005 when he played for the Los Angeles Clippers, pleaded not guilty to several assault and battery charges stemming from an alleged attack on a massage therapist at a Life Time Fitness club. His trial is set for March 9.&nbsp;<em>Photo by Lisa Blumenfeld/Getty Images.</em></p> Life Time Fitness Sued for Alleged Breach of Lease Contract http://clubindustry.com/profits/life-time-fitness-sued-alleged-breach-lease-contract <div class="field-byline"> Amy Fischbach, contributing news writer </div> <div class="node-body article-body">Life Time Fitness faces a lawsuit for $100,000 in damages for allegedly failing to make necessary upgrades to a building it leased for a decade in downtown St. Paul, MN, and for allegedly funneling members to other locations when the lease expired.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/life-time-fitness-sued-alleged-breach-lease-contract" target="_blank">read more</a></p> http://clubindustry.com/profits/life-time-fitness-sued-alleged-breach-lease-contract#comments For-profits lifetime fitness Freemium Tue, 10 Feb 2015 22:14:00 +0000 37161 at http://clubindustry.com Analysts Upgrade Stocks for Life Time Fitness and TSI http://clubindustry.com/profits/analysts-upgrade-stocks-life-time-fitness-and-tsi <div class="field-byline"> Amy Fischbach, contributing news writer </div> <div class="node-body article-body">Changes at Life Time Fitness and Town Sports International have led to a rebound and a steady hold in stock prices for the public companies, causing upgrades by analysts. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/analysts-upgrade-stocks-life-time-fitness-and-tsi" target="_blank">read more</a></p> http://clubindustry.com/profits/analysts-upgrade-stocks-life-time-fitness-and-tsi#comments For-profits lifetime fitness town sports Freemium Tue, 20 Jan 2015 22:32:00 +0000 36251 at http://clubindustry.com <p>Various moves by LIfe Time Fitness have led to the company&#39;s stock prices increasing and bullish behaviour toward the company by analysts. <em>Photo courtesy of Life Time Fitness.</em></p> Bahram Akradi Named Person of the Year by Tennis Industry Magazine http://clubindustry.com/profits/bahram-akradi-named-person-year-tennis-industry-magazine <div class="node-body article-body">Bahram Akradi, CEO of Life Time Fitness, has been named Person of the Year for 2014 by Tennis Industry magazine as part of its 14th annual Champions of Tennis Awards. The magazine also named winners in 20 other categories. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/bahram-akradi-named-person-year-tennis-industry-magazine" target="_blank">read more</a></p> http://clubindustry.com/profits/bahram-akradi-named-person-year-tennis-industry-magazine#comments For-profits lifetime fitness Tue, 30 Dec 2014 17:57:00 +0000 35531 at http://clubindustry.com <p>Bahram Akradi, CEO of Life Time Fitness, plays tennis several times each week and says he wants to help grow the sport of tennis through his club chain and through work with the U.S. Tennis Association to help children play tennis. <em>Photo courtesy of Life Time Fitness.</em></p>