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The Gym Mitigation and Survival (GYMs) Act was introduced in the U.S. Senate on May 13. This follows the Feb. 5 introduction of a companion GYMS Act bill in the U.S. House of Representatives where it now has more than 110 sponsors.
U.S. Senator Tammy Duckworth (D-IL), member of the U.S. Senate Committee on Small Business and Entrepreneurship, and U.S. Senator Jerry Moran (R-KS) introduced
Ninety-one percent of Americans with a 2021 New Year’s resolutions made one related to fitness, according to a survey released by Planet Fitness, Hampton, New Hampshire. The survey of 1,003 American adults was conducted by Kelton Global.
Eighty-four percent of those surveyed said they were making a 2021 resolution.
Eighty-eight percent of people who have returned to their gyms after the lifting of COVID-19-related shutdowns say that they are confident in their gym’s safety protocols, according to a survey by IHRSA and Kelton Global.
Results of the survey, which was of gym members in the United States, are included in the report, “The COVID Era Fitness Consumer.”
Gold’s Gym International, Irving, Texas, is set to be acquired by RSG Group GmbH, a fitness brand operator in Europe, Germany, according to a media release from RSG Group.
On a daily basis we are advising private clients and institutional landlords as well as local and regional health club tenants on a mutually beneficial plan in today’s ever-changing market.
Our team is dedicated to being true experts in the field and achieving exceptional results, one property at a time, for one client at a time. We invite you to see how we can help you achieve your goals today, tomorrow and for years to come.
On May 5 in its release of its first quarter 2020 financials and in a call with financial analysts, the executive team at Planet Fitness shared the steps it took to mitigate the financial effects of the government-mandated closures of health clubs that began in mid-March.
Rent collections have been the focus for landlords, but it isn’t the only lease provision that owners should be considering. Richard Rizika of Beta recommends a blend-and-extend approach to create efficiencies in operations that will ultimately help landlords get through the pandemic.
IHRSA, the trade association for commercial health clubs, has hired two firms to help its existing lobbying firm secure funding on behalf on the fitness industry experiencing financial difficulties due to COVID-19, according to a daily alert sent out on April 13 by the Boston-based association.
The next Club Industry Town Hall features four of the leading club operators in the country, who will share how they are adapting during the coronavirus shutdowns and how they are preparing for re-opening. They will also answer your questions.
