Health and Fitness Club Industry News: Chains
Saturday, August 8th, 2026
UFC Gym Expands Houston Footprint With Pearland Grand Opening On November 5
Posted: October 26, 2016 in Chains
PEARLAND, TX - UFC GYM announced that it will celebrate the grand opening of its second location in the Houston area on Saturday, November 5. Located in Pearland, this 9,000 square-foot gym will be open from 9AM – 4PM. “The reception to our gym from the local community has truly been amazing," UFC GYM – Pearland Owner, HaYoung Kim, said. "UFC GYM raises the bar as the premiere fitness destination for Houston fitness enthusiasts and we're excited to show off our features and amenities on Saturday.” Read More...
Town Sports International Holdings, Inc. Reports Third Quarter 2016 Results; Announces New Look and Experience of its Brand
Posted: October 26, 2016 in Chains
NEW YORK, N.Y. - Town Sports International Holdings, Inc. ("TSI" or the "Company") (NASDAQ:CLUB) reported financial results for its third quarter ended September 30, 2016: Total member count decreased 6,000 to 545,000 during Q3 2016 compared to an increase of 14,000 in Q3 2015 (Q3 2015 member count increase was associated with the roll out of the lower pricing model). Membership monthly attrition averaged 4.2% per month in Q3 2016 compared to 4.4% per month in Q3 2015. Q3 2016 net loss was $5.5 million, or $0.21 loss per share, compared with Q3 2015 net loss of $22.0 million, or $0.89 loss per share. Net loss for Q3 2016 and Q3 2015 included non-cash fixed asset impairment charges of $742,000 and $12.4 million, respectively. The fixed asset impairment charges did not have any tax effect due to the impact of the Company's tax valuation allowance in Q3 2016 and Q3 2015. Adjusted EBITDA was $11.0 million in Q3 2016, an increase of 68.5% compared to Adjusted EBITDA of $6.6 million in Q3 2015. Read More...
Equinox Expands Presence In London; Unveils Plans For St. James’s And Shoreditch Locations
Posted: October 23, 2016 in Chains
LONDON - Equinox, the high performance lifestyle leader, announced that it would expand its presence in London, with plans for forthcoming locations in the areas of St. James's and Shoreditch. These two new locations were born out of overwhelming demand at Equinox Kensington, which has been a cultural fixture and luxury haven for residents of West London since its opening in 2012. Read More...
Life Time Expands In Washington Metro Region With Grand Opening of Gaithersburg Destination
Posted: October 20, 2016 in Chains
GAITHERSBURG, MD - Advancing its commitment to improve the health of communities, Life Time – The Healthy Way of Life Company, announced the opening of its newest destination, Life Time Athletic Gaithersburg, located in the Washinton Metro Region. A ribbon cutting and preview celebration was held on October 20 at 6:00PM. The club will opened for workouts on Friday, October 21 at 4:00AM. Read More...
Crunch Franchise Announces Sale of 100th Franchise This Year
Posted: October 18, 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 that it has hit a milestone with the recent sale of the 100th Crunch franchise of 2016. This makes the company one of the largest and fastest-growing franchisors and operators of fitness centers with well over 600 franchises sold in its first six years and 13 new clubs opening this month alone. Read More...
In-Shape Health Clubs Hires New CEO
Posted: October 18, 2016 in Chains
STOCKTON, CA - In-Shape Health Clubs, one of California’s premier destination for fitness, recreation and fun, announced that its Founder, Paul Rothbard, is stepping down as CEO after 25 years in the post. Rich Nelsen, most recently a senior executive at Starbucks, will replace Mr. Rothbard effective December 1st. Also as part of the succession plan, Mr. Rothbard will retain his ownership in the company and transition to an active role on the In-Shape Board of Directors. Read More...
Gold’s Gym Enters Footwear Market With Vibram Partnership
Posted: October 17, 2016 in Chains
LOS ANGELES, CA - Gold's Gym, a leading authority on health and fitness, has entered into a footwear partnership with global footwear company, Vibram. This partnership speaks to the spirit of innovation and passion for fitness that both companies share. Vibram will develop a Gold's Gym FiveFinger cross training shoe in collaboration with Gold's Gym Fitness Experts. Read More...
ClubCorp Reports Tenth Consecutive Quarter of Growth, Narrows Full Year Outlook, and Initiates Strategy to Reduce Leverage
Posted: October 13, 2016 in Chains
DALLAS, TX - ClubCorp -- The World Leader in Private Clubs (NYSE: MYCC) -- announces financial results for its fiscal-year 2016 third quarter ended September 6, 2016. The third quarter of fiscal 2016 and fiscal 2015 consisted of 12 weeks. Year-to-date results of fiscal 2016 and fiscal 2015 consisted of 36 weeks. All growth percentages refer to year-over-year progress. Third quarter revenue was $259.3 million, up 1.6% due to increases in dues and food and beverage revenue. Third quarter net income was $1.2 million. Third quarter adjusted EBITDA was $59.0 million, up 7.5%. Read More...
Crunch Franchise Announces Its New Locations In Long Beach and Cerritos, CA
Posted: October 11, 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 two of its newest franchise locations in Long Beach and Cerritos, California. Having opened for workouts earlier this year, Crunch Long Beach and Crunch Cerritos bring their 'No Judgments' philosophies and fusion of fitness meets entertainment to their diverse surrounding communities. Read More...
Equinox Opens Iconic New Hollywood Location
Posted: October 7, 2016 in Chains
LOS ANGELES, CA - Equinox, the high performance lifestyle leader, announced the opening of Equinox Hollywood, its 24th club in California and 84th club globally. Located in the epicenter of Hollywood's thriving cultural rebirth, Equinox Hollywood is emblematic of the area's evolution from classic entertainment industry destination to high performance living community. An early adopter in the neighborhood's ongoing resurgence, Equinox saw a significant opportunity to serve this particular area of Hollywood, as a new destination for its residents and neighboring communities. Read More...
