IHRSA Global 25 Report Highlights World’s Top Health Clubs
Posted: June 22, 2015 in IHRSA
IHRSA Global 25 Report
BOSTON, MA – The International Health, Racquet & Sportsclub Association (IHRSA) announced the release of The IHRSA Global 25, which lists the top 25 health club companies worldwide ranked by membership, number of locations and revenue.
“In 2014, the leading companies that make up The IHRSA Global 25 listings continued to demonstrate solid performance across all key metrics,” said Joe Moore, IHRSA president and CEO.
In fact, 15 of the top 25 club companies had revenue growth of 10% or more in 2014, demonstrating that the industry has ample growth opportunities for well-run companies.
One such company is Anytime Fitness. The always-open club offering sits on top of several of the IHRSA Global 25 charts. Anytime Fitness placed No. 1 in terms of “Number of Franchises,” “Revenue Growth,” “Top 10 Five-Year Revenue Growth,” and “Top 10 Five- Year Unit Growth.” Since its inception in 2002, Anytime Fitness has grown to nearly 3,000 units.
Other noteworthy performers in 2014 include LA Fitness, Life Time Fitness, Planet Fitness and CrossFit, which each sit on top of an IHRSA Global 25 ranking. One newcomer to the IHRSA Global 25 listings is Fitness Time, which operates 100 facilities in Saudi Arabia and the United Arab Emirates (UAE).
“Clearly the bar has been raised for inclusion onto one of The IHRSA Global 25 rankings,” comments Jay Ablondi, IHRSA’s executive vice president of global products. To be included in The IHRSA Global 25, companies had to meet at least one of the following criteria:
- FACILITIES OWNED in 2014 > 97;
- FRANCHISES in 2014 > 130;
- MEMBERS in 2014 > 296,000;
- REVENUES for 2014 > $72,000,000;
- REVENUE GROWTH from 2013-2014 > $3,000,000;
- REVENUE GROWTH from 2009-2014 > $44,000,000;
- UNIT GROWTH from 2013-2014 > 15;
- UNIT GROWTH from 2009-2014 > 91.
Compiled by IHRSA’s Club Business International (CBI) magazine, the IHRSA Global 25 is based on The 2015 IHRSA Global Report, which profiles nearly 400 club businesses worldwide.
The IHRSA Global 25 article is available for download at www.ihrsa.org. The 2015 IHRSA Global Report is available at www.ihrsa.org/ihrsa-global-report in print or as a PDF to IHRSA members ($74.95) and non-members ($149.95).
