Health and Fitness Club Industry News
Thursday, January 22nd, 2026
Planet Fitness Prices $550 Million Securitized Financing
Posted: November 20, 2019 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announced that it has priced $550 million of Series 2019-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), with an anticipated repayment term of ten years and a fixed interest rate of 3.858% per annum, payable quarterly. The Class A-2 Notes are expected to be issued by Planet Fitness Master Issuer LLC (the "Master Issuer"), a limited-purpose, bankruptcy remote, indirect subsidiary of Planet Fitness, Inc. in a privately placed securitization transaction. Read More...
Xponential Fitness Enters Germany and Austria Markets
Posted: November 20, 2019 in Suppliers
IRVINE, CA - Xponential Fitness, a curator of boutique fitness brands, has announced the signing of a Master Franchise Agreement for Germany and Austria, a development expected to bring more than 150 Xponential Fitness studios to the countries over the next five years. Initial brands included in the agreement are Club Pilates and Pure Barre, both category-leading pioneers in boutique fitness. Additional brands are expected to be launched in the future. Read More...
Power Wellness Welcomes New Vice President of Client Development
Posted: November 19, 2019 in Suppliers
LOMBARD, IL - Power Wellness announces that Paul Prather has joined the company as Vice President of Client Development. Paul has spent the past 21 years in the health, wellness and education fields. He has provided expert-grade solutions for both business and operations services as well as wellness and fitness systems to YMCAs, national fitness club chains, hospital networks, world-wide sports performance companies and professional sports leagues. Read More...
‘Zumba Burn it Up!’ For Nintendo Switch Now Available
Posted: November 19, 2019 in Suppliers
CALABASAS, CA - The Zumba global movement that brings fun to fitness with over 15 million people taking classes across 186 countries brings the heat to Nintendo Switch in North America and is making its way to European territories. Published by 505 Games, Zumba Burn it Up! is now available digitally from the Nintendo eShop and from participating retailers, inviting dance enthusiasts of all ages and levels to join the fitness fun with high-energy choreography set to over 30 hip-shaking jams. Read More...
EXOS Acquires Desert Institute of Physical Therapy
Posted: November 14, 2019 in Chains
PHOENIX, AZ - EXOS, a global leader in human performance headquartered in Phoenix, is expanding their reach in the Phoenix market by joining forces with Desert Institute of Physical Therapy.The current clinical staff will continue to provide physical therapy services to the community while benefiting from the extra support and resources that will come from becoming an EXOS Physical Therapy and Sports Medicine location. Read More...
Youfit Health Clubs Launching New Club in Miami, Florida
Posted: November 14, 2019 in Chains
MIAMI, FL - Youfit Health Clubs announces the opening of its 68th location in the state of Florida. Slated to open Winter 2020, the gym will be located in the Coral Way Plaza. This brand new facility will offer a wide variety of gym equipment and amenities designed to accommodate everyone, from first time gym-goers to fitness enthusiasts. Read More...
Top 2019 MFA Honors are Awarded to Centers Managed by Power Wellness
Posted: November 14, 2019 in Suppliers
LOMBARD, IL - The Medical Fitness Association (MFA), a non-profit organization, was formed in 1991 to assist medically-integrated health and fitness centers to achieve their full potential. Each year, MFA certified facilities are nominated and recognized for Medical Fitness Facility and Professional of the Year awards. Awards were presented during the 28th Annual International Conference Awards Ceremony in Orlando, Florida. These awards celebrate and honor the best and the brightest in medical fitness center management. Centers managed by Power Wellness were honored with some of the top awards at the ceremony. Read More...
Life Time’s Ajay Pant Named USPTA Professional of the Year as Company Grows Tennis Presence & Participation
Posted: November 13, 2019 in Chains, Suppliers
CHANHASSEN, MN - Ajay Pant, the National Tennis Director at Life Time and one of only a handful of master professionals in the world, has been awarded the prestigious Alex Gordon Tennis Professional of the Year Award by the United States Professional Tennis Association (USPTA). This top USPTA annual award goes to a member demonstrating excellence in growing the sport, volunteerism, coaching achievements and career development. Read More...
ClubReady and Legends Boxing Announce Strategic Partnership to Bring the Boxing Experience to the Masses
Posted: November 12, 2019 in Suppliers
ST. LOUIS, MO - Founded eight years ago by brothers Andrew and Robert Scott, Legends Boxing brings the experience of a boxing gym and boxing training to anyone looking for results, a Tribe and new experiences. Currently operating in six locations, Legends is planning an additional 30 locations across the country, for a nationwide expansion plan starting in 2020. In an effort to scale their rapid growth, Legends Boxing is partnering with ClubReady to manage club operations, member acquisition and member engagement. Read More...
Crunch Celebrates Franchisees and 30th Anniversary at Annual Convention
Posted: November 11, 2019 in Chains
NEW YORK, N.Y. - Crunch Franchise celebrated its seventh annual International Franchise Convention at the Music City Center in Nashville, Tennessee, a gathering that drew more than 450 attendees from 31 states and 7 countries. Attendees enjoyed three action-packed days of education, idea-sharing and networking, and celebrated franchisee accomplishments as well as the 30th anniversary of Crunch's founding. Read More...
Department of Defense Honors ABC Financial for Its Support of Veterans
Posted: November 11, 2019 in Suppliers
SHERWOOD, AR - ABC Financial, the nation's leading software and payment processing provider for the health and fitness industry, earned national recognition Monday for its extraordinary support of employees who are veterans and those in the National Guard and Reserve. On Veterans Day, the company received the 2019 Pro Patria Award from the U.S. Department of Defense's Employer Support of the Guard and Reserve (ESGR) in Arkansas. Read More...
Life Time Brings Athletic Resort Experience to Wisconsin With Opening of 176,000-square-foot Destination in Brookfield, Wisconsin
Posted: November 11, 2019 in Chains
Life Time – The Healthy Way Of Life Company BROOKFIELD, WI – Life Time, the premier healthy lifestyle brand, is bringing its first athletic lifestyle resort to Wisconsin. The opening of Life Time Brookfield, located outside of Milwaukee, brings the Life Time count to 147 destinations across 40 states and 30 major markets in the […] Read More...
The 15th ALS TDI Leadership Summit
Posted: November 9, 2019 in Other News
CAMBRIDGE, MA - On Friday, November 8, 2019, the ALS Therapy Development Institute (ALS TDI) hosted the 15th Leadership Summit. The Leadership Summit is a full-day conference featuring keynote presentations that provide an in-depth look at the most advanced ALS research. This year, the Summit focused on the groundbreaking research being done at ALS TDI, as well as their exciting collaboration with Google. Read More...
Planet Fitness Names Jeremy Tucker Chief Marketing Officer; Expands Global Footprint to Australia
Posted: November 8, 2019 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has announced that Jeremy Tucker has been appointed Chief Marketing Officer. Tucker will be responsible for overseeing the Company's national and local marketing, branding, creative development and media, digital and social media, brand partnerships and sponsorships, communications and corporate social responsibility. He will report directly to Chris Rondeau, Chief Executive Officer of Planet Fitness. Planet Fitness has also has announced the company's international expansion to Australia. The country's first official Judgement Free Zones are located in Tuggerah and Gosford in the Central Coast of New South Wales, and a location in Casula is expected to open in 2020. Read More...
IHRSA Releases 2019 Profiles of Success
Posted: November 7, 2019 in IHRSA
BOSTON, MA - The International Health, Racquet & Sportsclub Association (IHRSA) has released its annual Industry Data Survey (IDS) results and the accompanying publication, IHRSA Profiles of Success. The report provides a detailed analysis of the annual performance of leading health and fitness clubs, including results in key metrics such as revenue, membership growth and retention, traffic, payroll, non-dues revenue and EBITDA. Club reinvestment and profit center analysis as well as income statement and balance sheet data are also provided. Read More...
AV Now Fitness Sound Partners with 24 Hour Fitness
Posted: November 6, 2019 in Chains, Suppliers
SCOTTS VALLEY, CA - AV Now Fitness Sound, one of the nation’s largest audio-visual integrators serving the fitness industry, has partnered with 24 Hour Fitness to install group exercise and cycling studio sound systems in new and existing locations. To date, AV Now has installed over 500 sound systems in 24 Hour Fitness clubs nationwide. Read More...
New ACE Specialist Program Prepares Exercise Professionals to Help Those Living With Chronic Pain
Posted: November 6, 2019 in Suppliers
SAN DIEGO, CA - The American Council on Exercise (ACE) has launched the Orthopedic Exercise Specialist Program, a new continuing education program that equips exercise professionals with the knowledge and tools to empower clients living with pain or chronic orthopedic-related conditions to return to their daily activities with restored confidence in movement. Read More...
Dr. Gerry Faust Passes Away – A Special Tribute and Expression of Appreciation to Gerry
Posted: November 5, 2019 in Other News
POWAY, CA - The late Dr. Gerry Faust, 77, was born on January 1st, 1942 in Minneapolis, Minnesota. The great man was truly one of a kind... a true gentleman and a vastly experienced and extremely highly qualified man in his field who leaves huge footprints in the world of high-level management training and education for all who follow him. Some people journey through life and leave footprints wherever they go, footprints of love and kindness, compassion and courage, humor and inspiration, faith and joy. Dr. Gerry Faust was one of those very special people. Even when they're gone, we can still look back and clearly see the trail of greatness they've left behind, a trail bright with hope that invites us to follow. Read More...
Planet Fitness Invites Veterans and Active Military Personnel to “Work Out And Relax” For Free November 8 – 15
Posted: November 4, 2019 in Chains
HAMPTON, N.H. - In honor of Veterans Day, Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, invites all veterans and active military personnel to work out for free at any of Planet Fitness' more than 1,800 clubs throughout the United States from November 8 – 15. Read More...
Buyer Beware
Posted: November 4, 2019 in Suppliers
MORRISVILLE, VT - FRAUD ALERT from Concept2: "Big Bear Store" is listing Concept2 rowing machines for deeply discounted prices. This is not an authorized reseller for Concept2, and Concept2 believes products will not ship. As always, if it looks too good to be true, buyer beware! Read More...
