Health and Fitness Club Industry News: Chains
Saturday, August 8th, 2026
Long Reach Tennis Club Construction Under Way, Bringing New Indoor Courts to Columbia
Posted: March 27, 2017 in Chains
COLUMBIA, MD - Construction on the Long Reach Tennis Club is under way, with the new, state-of-the-art facility expected to open in Columbia by spring 2018. Long Reach Tennis Club will have six climate-controlled courts with viewing areas and hard-court surfaces; cutting-edge lighting technology for enhanced visibility, giving players a better experience; locker rooms with showers; and will be the first Columbia Association (CA) tennis facility with on-site racket stringing service. Read More...
Former MLB Star Alex Rodriguez Secures Development Rights For UFC Gym Franchises Throughout Miami-Dade County
Posted: March 23, 2017 in Chains
MIAMI, FL - UFC GYM announced that former Major League Baseball superstar Alex Rodriguez has purchased the UFC GYM franchise located in Kendall and secured developmental rights for additional gyms throughout Miami-Dade County. Rodriguez, a three-time MLB American League MVP, fourteen-time All-Star, 2009 World Series Champion and Chief Executive Officer of A-Rod Corp., will take ownership of the state’s first signature UFC GYM immediately and schedule a re-grand opening celebration at a date to be determined in the future. Read More...
Atlantic Street Capital Announces Significant Investment in Planet Fit Indy 10 LLC
Posted: March 22, 2017 in Chains
STAMFORD, CT - Atlantic Street Capital (Atlantic Street), a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced that it has made a significant investment in Planet Fit Indy 10 LLC (PF Indy), owner of Planet Fitness (NYSE: PLNT) health clubs in the greater Indianapolis area, to support its ongoing expansion in new and existing markets. Atlantic Street is partnering with Mike Campagnolo, Chief Executive Officer of PF Indy, who will retain a significant stake in the new company and lead the company's growth as CEO. Founded in 2010, PF Indy is headquartered in Indianapolis and operates franchised Planet Fitness health clubs, one of the largest and fastest-growing franchisors and operators of fitness centers. Read More...
Brick Bodies Announces the Opening of New State-of-the-Art Health Club in the Historic Rotunda
Posted: March 20, 2017 in Chains
TIMONIUM, MD - Brick Bodies announces the opening of its new state-of-the-art coed health club in the historic Rotunda. With its emphasis on small group training and creative programming, the new 26,270 square-foot health club will be the first of its kind in the Hampden area and will be opening in late May/early June. Read More...
Ride For A Reason To Be Held During Second Annual St. Jude Event At Life Time Destinations Nationwide On Saturday, April 22
Posted: March 17, 2017 in Chains
CHANHASSEN, MN - At a time when children of all ages should be celebrating every day of their young lives, the reality is thousands of children nationwide face the uncertain diagnosis of cancer, as well as sky rocketing youth obesity rates making the life expectancy for kids less than those of today's adults. In an effort to identify a cure for childhood cancer and improve children's nutrition, more than 100 Life Time destinations across the country are hosting the second annual Ride for a Reason event to benefit St. Jude Children's Research Hospital and the Life Time Foundation on Saturday, April 22. Read More...
ClubCorp Announces Third Acquisition in 2017 with Purchase of Norbeck Country Club
Posted: March 14, 2017 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE:MYCC) – announces the acquisition of Norbeck Country Club, a premier country club in Rockville, Maryland, just north of Washington, D.C. This marks the third acquisition this year for ClubCorp, which plans a multimillion-dollar reinvention of the club that will feature new dining amenities, and improvements and upgrades to the club over the next two years. Read More...
Orangetheory Fitness More Than Doubles Donation Goal To Help Find A Cure For ALS
Posted: March 13, 2017 in Chains
BOCA RATON, FL - Orangetheory Fitness, the scientifically backed and fast-growing fitness franchise, announced it raised more than $2 million in two weeks for Augie's Quest, a foundation dedicated to finding a cure for amyotrophic lateral sclerosis (ALS) disease. Orangetheory Fitness more than doubled its original goal of raising $1 million thanks to the support of its franchisees, coaches, studio staff and more than 430,000 members nationwide. The company's first national fundraiser, named the #IBurnForALS campaign, took place from February 20 to March 5. Read More...
Equinox Appoints Niki Leondakis As CEO Of Equinox Fitness Clubs
Posted: March 6, 2017 in Chains
NEW YORK, N.Y. - Equinox, the high performance lifestyle leader, announced that Niki Leondakis, formerly CEO of Two Roads Hospitality, will join the company as Chief Executive Officer of Equinox Fitness Clubs. Leondakis will oversee all facets of Equinox Fitness Clubs, head the executive leadership team and report directly to Harvey Spevak, who will step into the role of Executive Chairman and Managing Partner of Equinox Holdings, Inc. Read More...
New York Sports Clubs Takes Over Shuttered David Barton Gym
Posted: March 2, 2017 in Chains
NEW YORK, N.Y. - Town Sports International (TSI) (Nasdaq: CLUB), owner and operator of New York Sports Clubs (NYSC), and Newmark Holdings, a vertically integrated owner, operator, property manager and developer of commercial real estate, announced the acquisition of the former David Barton Gym located at Newmark Holdings' 4 Astor Place in Manhattan's East Village. The 30,000-square-foot space will become one of New York Sports Clubs' collection of Elite clubs featuring the company's newly redesigned brand image and state-of-the-art equipment, facilities and class offerings. Read More...
Planet Fitness, Inc. Announces Fourth Quarter and Fiscal Year 2016 Results
Posted: March 1, 2017 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its fourth quarter and fiscal year ended December 31, 2016 and announces full year 2017 outlook. Year-end highlights include: Total revenue increased from the prior year by 14.4% to $378.2 million. System-wide same store sales increased 8.8%. Net income was $71.2 million, or $0.50 per diluted share, compared to net income of $38.1 million, or $0.11 per diluted share in the prior year. Adjusted net income increased 26.9% to $67.6 million, or $0.69 per diluted share, compared to $53.2 million, or $0.54 per diluted share in the prior year. Adjusted EBITDA increased 22.0% to $150.6 million from $123.5 million in the prior year. 195 new Planet Fitness stores were opened system-wide during the year, bringing system-wide total stores to 1,313 on December 31, 2016. Read More...
