Gold's Gym International CEO Adam Zeitsiff highlighted the company's 2019 successes in a recent media release. This includes the opening of 35 clubs, the signing of 22 American franchise agreements and numerous business developments in Australia, New Zealand and Asia.
Health Club News
Town Sports International Has Agreed to Acquire Flywheel Sports
Town Sports International (TSI), the operator of New York Sports Clubs, plans to offer its existing 600,000-plus members access to Flywheel Sports' offerings through packaged membership options. Conversely, Flywheel’s 300,000-plus members will be offered similar packages for accessing TSI facilities.
Second Half 2019 Health Club Report
NNN Fitness Research document
second half 2019
Download the below PDF Report to see the following:
- Continued Growth Cycle
- Strong Fundamentals
- Recent Transactions
- US Health Club Industry Statistics
- Key Players & Physical Footprints
New LA Fitness Model – Esporta Fitness
Esporta Fitness Announcement
"We are pleased to announce the launch of our new Esporta Fitness model, which will operate under the LA Fitness umbrella of clubs. This means some exciting changes are coming soon – here’s a quick preview.
There Are 23% More Gyms in Retail Centers Than There Were in 2010
Traditional tenants in retail centers once scoffed at having gyms in their midst for all the parking spaces they took up. No more.
JLL’s research team examined 6,000-plus fitness center move-ins dating back to 2013 and learned that 111,055 fitness centers currently reside in retail centers, an increase of 23.5% since 2010.
24 Hour Fitness Targets Growth And Transformation Under New CEO
As the new CEO of 24 Hour Fitness, he is leading a more aggressive growth strategy plan, is overseeing a transformation that the company had begun prior to him being hired in January and must overcome any skepticism that staff and others in the industry may have about yet another new face heading up one of the largest health club chains in the country.
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