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Health and Fitness Club Industry News: Chains

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Equinox And Maria Shriver Partner On Move For Minds 2017
Posted: November 23, 2016 in Chains

NEW YORK, N.Y. - Equinox CEO Harvey Spevak announced at the company’s High Performance Living Summit in New York City, that Equinox, a leader in high performance living, will once again partner with Maria Shriver and the Women’s Alzheimer’s Movement on their highly successful Move for Minds event, a first-of-its-kind crowd-funding and awareness-raising live experience focused on brain and body health. Read More...

Equinox Expands Presence to West Coast of Canada With First Vancouver Location
Posted: November 16, 2016 in Chains

VANCOUVER, B.C. - Equinox, a high performance lifestyle leader, announced the opening of Equinox Vancouver, its first club on the West Coast of Canada and 84th club globally. The club opens to enthusiastic reception from the active Vancouver community who live and work at and around the city centre location. The area, long known as a hub for business, shopping and entertainment, lacked options for its health-minded residents, making Equinox a functional addition to an already vibrant neighborhood. Read More...

Wellbridge Bringing New Era in Fitness to Clayton, Missouri
Posted: November 14, 2016 in Chains

DENVER, CO - Wellbridge Athletic Club & Spa in Clayton, Missouri is embarking upon a spectacular new era in fitness. As the city plans for a $770 million corporate campus development, Wellbridge Athletic Club & Spa will continue to serve as the neighborhood’s heartbeat and do it in style. The existing 35,000 square-foot luxury club will be replaced by a striking 40,000 square-foot athletic club, just steps away from its current entrance. Read More...

World Gym Continues Global Expansion With 13 New Gyms In Third Quarter of 2016
Posted: November 10, 2016 in Chains

LOS ANGELES, CA - World Gym International, the iconic global brand for bodybuilding and seriously fun fitness, has added 13 new gyms in four countries to the World Gym family in the third quarter. “The World Gym family continues to grow with the addition of 13 new gyms this quarter,” said Guy Cammilleri, Managing Director of World Gym. “Australia, Egypt, Taiwan and the United States all continue to be strong growth markets for us, and we look forward to the addition of even more gyms in Europe and Mexico.” Read More...

Steve Nash Fitness Clubs Appoints New President and COO
Posted: November 3, 2016 in Chains

VANCOUVER, B.C. - SNFW Fitness BC Chairman and CEO Leonard Schlemm is pleased to announce the appointment of Chris Smith to President and COO of Steve Nash Fitness Clubs and UFC Gym. Smith joined the SNFW organization in 2010, relocating to British Columbia from the U.S. to assume the position of Vice President of Sales and Fitness. In 2014, he was named Chief Operating Officer, managing operations for the brands 21 locations across BC, and was instrumental in the successful launch of the first UFC Gym located in Kelowna. Read More...

Crunch Franchise Announces Its Newest Locations In Huntingdon Valley, PA and Columbia, S.C.
Posted: November 1, 2016 in Chains

NEW YORK, N.Y. - Crunch, the health club chain best known for making serious fitness fun through unique programming and cutting-edge training, announces the opening of its newest franchise locations in Huntingdon Valley, PA and Columbia S.C. The Huntingdon Valley location opened for workouts in October and brings its 'No Judgments' philosophy and fusion of fitness meets entertainment to the diverse community of Montgomery County. Crunch Columbia is anticipated to open for workouts in early 2017. Read More...

World Gym International Celebrates 40 Years of Seriously Fun Fitness at 2016 Las Vegas Convention
Posted: October 28, 2016 in Chains

LOS ANGELES, CA - World Gym International, the iconic global brand for bodybuilding and seriously fun fitness, capped off the year-long celebration of its 40th Anniversary at the 2016 World Gym International Convention in Las Vegas, held September 11 - 14, 2016. The annual gathering was held at the Mirage Hotel and Casino in Las Vegas, with more than 225 attendees from 13 countries coming together to celebrate all things World Gym, including the 21 new gyms opened this year. Read More...

Planet Fitness, Inc. Announces Third Quarter 2016 Results
Posted: October 27, 2016 in Chains

NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2016 and announced it is pursuing an increase in the size of its credit facilities and considering paying a one-time dividend: Total revenue increased from the prior year period by 26.4% to $87.0 million. System-wide same store sales increased 10.0% compared to the prior year period. Net income was $14.9 million, or $0.08 per diluted share, compared to net income of $0.7 million, or $0.04 per diluted share in the prior year period. Adjusted net income increased 51.7% to $15.9 million, or $0.16 per diluted share, compared to $10.5 million in the prior year period. Adjusted EBITDA increased 33.5% to $35.4 million from $26.5 million in the prior year period. 37 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,242 at September 30, 2016. Read More...

New $5.7 Million LA Fitness Signature Club Opens For Memphis Residents
Posted: October 27, 2016 in Chains

IRVINE, CA - LA Fitness is pleased to announce that its new Signature club in Memphis, a 45,000 square foot facility, officially opened for workouts on October 5th, 2016. A grand opening party is scheduled for Saturday, November 12th with complimentary workouts, fitness demonstrations and entertainment. Read More...

1 Hotel South Beach Announces First-Ever Spartan Gym
Posted: October 27, 2016 in Chains

MIAMI, FL – Debuting December 2016 as a first of its kind in the fitness world, 1 Hotel & Homes South Beach has announced it will be home to the first-ever Spartan Gym. Anticipated to open December 1, the 14,000 square-foot indoor space will blend the famous Spartan Race, the leader in the sport of obstacle racing, with the mission-driven, wellness-focused luxury lifestyle brand of 1 Hotels. The one-of-a-kind gym will feature spaces designed with state-of the-art equipment and offer education from local, certified Spartan trainers dedicated to helping those of all fitness levels achieve strength and endurance. This unprecedented collaboration will cater to travelers looking to not only stay in fitness routines while on the road, but offer them access to trainers, equipment and targeted technique classes exclusively available at 1 Hotel South Beach. Read More...

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