Health and Fitness Club Industry News: Chains
Sunday, May 19th, 2024
Life Time Expands Portfolio of Luxury Athletic Clubs in New York City with Opening of Iconic One Wall Street Destination; Brooklyn and Midtown Next
Posted: September 8, 2022 in Chains
NEW YORK, N.Y. - Life Time ( NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces the opening of Life Time One Wall Street, the first of three athletic club destinations planned to open in New York City by the end of 2022. Located in the iconic One Wall Street Development in the Financial District, the 74,000-square-foot destination covers four floors and features something for everyone from 90 days old to 90 years old. Read More...
Life Time Recommends Seven Tips for Healthy Aging
Posted: August 31, 2022 in Chains
CHANHASSEN, MN - Actively enjoying their retirement years is a reward most people eagerly anticipate following decades of hard work and taking care of others. Sadly, when they finally have the time to focus on themselves, millions of Americans are too unhealthy or isolated to reap the fruits of their labor. That's why healthy living experts at Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, compiled a list of seven practical tips to help older adults enjoy their lives to the fullest. And, the timing couldn't be better because September is Healthy Aging Month. Read More...
Life Time President and CFO, Tom Bergmann, to Retire from Company on December 31, 2022
Posted: August 29, 2022 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time," "we," "our," or the "Company") (NYSE: LTH) announces that President and Chief Financial Officer, Thomas (Tom) Bergmann, has decided to retire from the Company on December 31, 2022. In conjunction with Bergmann's retirement, the company also announced that Robert (Bob) Houghton has been named Executive Vice President and Chief Financial Officer effective August 28, 2022. Bergmann relinquished his Chief Financial Officer role concurrent with Houghton's election and will remain President to support the transition through the end of 2022. Read More...
Life Time Opens Rooftop Beach Club, Full-Service Spa and Cafe in Downtown Palm Beach Gardens
Posted: August 11, 2022 in Chains
PALM BEACH GARDENS, FL - Shopping at Downtown Palm Beach Gardens takes on a new spin as Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, opens its four-story, 136,000 square-foot Life Time Palm Beach Gardens athletic country club. The new location marks the company's fourth in South Florida as it continues its expansion and will be followed by the opening of Life Time Miami at The Falls in early 2023. Read More...
Athlete Finish Concludes Successful Weekend-Long Celebration of Verizon New York City Triathlon, Owned and Produced by Life Time
Posted: July 27, 2022 in Chains
NEW YORK, N.Y. - Despite a record-breaking heat wave in New York City, more than 1,600 athletes jumped in the Hudson River to compete in the 20th running of the Verizon New York City Triathlon, owned and produced by Life Time. Competitors ranging in age from 14 - 81 took part in the annual summer endurance event that has captivated the Tri-State area since the race's initial competition in August 2001. Read More...
U.S. Department of Energy Honors Life Time for Energy Reduction Initiatives
Posted: July 22, 2022 in Chains
CHANHASSEN, MN - The U.S. Department of Energy (DOE) has recognized Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, for the company's energy efficiency improvements across nearly 160 athletic country clubs nationwide. DOE staff and Life Time leaders toured the company's Chanhassen, Minnesota club to see firsthand the technologies and procedures that helped Life Time increase its energy efficiency by 38% across more than 16 million square feet of building space. Read More...
Life Time Reaches 30 Years of Inspiring Health and Happiness
Posted: July 15, 2022 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, opened its first club in a Brooklyn Park, Minnesota strip mall 30 years ago. Much has occurred over three decades, including extraordinary growth of the company, which now offers nearly 160 athletic country clubs encompassing 16-million square feet across 41 major markets in the U.S. and Canada, and the development of a complete omnichannel Healthy Way of Life ecosystem. Over this time, Life Time has served millions of people and more than one billion visits, been part of incredible stories of personal achievement and life-altering events and grown an amazing community of like-minded people seeking health and happiness. Read More...
Life Time Appoints Donna Coallier to Board of Directors
Posted: July 6, 2022 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) announced that Donna Coallier has been appointed to serve on its Board of Directors effective July 1, 2022. Additionally, Ms. Coallier will serve on the Company's Audit Committee beginning August 15, 2022. With the addition of Ms. Coallier, Life Time's Board will have 12 members. Read More...
Hundreds of Children to Experience the Benefits of Exercise Through New Training Program from Life Time and City Parks Foundations
Posted: June 15, 2022 in Chains
NEW YORK, N.Y. - To inspire New York City kids to get outdoors this summer and benefit from exercise and healthier eating, City Parks Foundation and Life Time Foundation have partnered to introduce the first-ever Life Time Foundation New York City Kids Run. This will be a running and nutrition program for children between the ages of 9-17 across four boroughs and will bring the established City Parks Foundation Family Adventure Race back to life after a two-year pause. Both initiatives will help children living in underserved communities learn and develop new sports skills, find joy in physical activity and develop healthy habits. Read More...
Second Annual Ride of a Life Time Cycling Event Raises More Than One Million Dollars to Improve Children’s Health
Posted: May 25, 2022 in Chains
CHANHASSEN, MN - In just its second year, the annual Ride of a Life Time, a charity cycle event raising money to benefit the health of kids, fundraised more than $1 million in 40+ metro markets. More than 8,000 people took part in riding and more contributed in exceeding the goal. Read More...
Life Time and Life Time Work to Headline Expansive Luxury Athletic Club and Coworking Offerings at JDS Development’s Brooklyn Tower
Posted: May 18, 2022 in Chains
BROOKLYN, N.Y. - JDS Development Group and Life Time Group Holdings, Inc. (NYSE: LTH), one of the nation's premier wellness brands, announce Life Time and Life Time Work will headline and operate the expansive amenity offering at The Brooklyn Tower located in Downtown Brooklyn. The planned 2023 opening will bring Life Time's athletic club experience and first announced Life Time Work premium coworking space in New York City within Brooklyn's first supertall tower. In total, Life Time is leasing and operating 100,000+ square feet, further expanding Life Time's rapidly growing presence in New York City. Read More...
Life Time Closes on $175 Million in Sale-Leaseback Transactions Year To Date
Posted: May 16, 2022 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces it has now closed on sale-leaseback transactions involving four of its owned properties totaling $175 million. Read More...
Pickleball Players Find Their Paradise at Life Time
Posted: April 13, 2022 in Chains
CHANHASSEN, MN - Pickleball, the game with the funny name that so many people are playing these days, recently earned the title of America's Fastest-Growing Sport... for the 2nd year in a row. Now, Life Time (NYSE: LTH), the nation's leading healthy way of life company, is poised to become the largest, most premier pickleball destination in the United States. Read More...
Life Time Delivers an Ultimate Boutique Experience as Ultra Fit Rolls Out Joining Alpha and GTX Small Group Offerings
Posted: April 12, 2022 in Chains
CHANHASSEN, MN - As health-conscious consumers evaluate how and where they spend their time and resources, following more than two years of upheaval to their wellness routines, Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH), is delivering an ultimate boutique experience for its members with the nationwide rollout of Ultra Fit, Life Time's most intense workout designed to strengthen bodily systems for a higher metabolism, improved hormonal response and other physiological changes. Read More...
Ride of a Life Time Cycling Event Aims to Raise One Million Dollars to Improve Children’s Health
Posted: March 30, 2022 in Chains
CHANHASSEN, MN - So many aspects of our lives have been adversely impacted over the last two years, including the physical and nutritional health of our children. To help improve this, Life Time, one the nation's premier healthy lifestyle brands (NYSE: LTH), is inviting everyone to raise money for local children's hospitals and schools during its annual Ride of a Life Time charity cycle event on Saturday, April 30th. Read More...
As Pickleball Explodes, Life Time Announces Grand Opening for its First Pickleball-Only Destination at Bloomington North
Posted: February 23, 2022 in Chains
CHANHASSEN, MN - Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH), has announced the opening of its first-ever pickleball-only destination at Life Time Bloomington North. Following a multi-million dollar renovation, Life Time Bloomington North will open with five international competitive level pickleball courts and a dedicated viewing area for open play and tournaments. Later this year, a full bar and lounge space will open for post-play social gatherings and events. The world-class pickleball destination is part of Life Time's commitment to be the largest indoor pickleball provider in North America. Read More...
Life Time Expands Footprint in Dallas/Fort Worth with Opening of 124,000-Square-Foot Luxury Athletic Resort in Frisco
Posted: February 16, 2022 in Chains
FRISCO, TX - Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH), has opened its tenth destination in the Dallas/Fort Metroplex. Life Time Frisco features 124,000 stunning square-feet of health/wellness spaces and comprehensive programs and services designed to help people live healthy, active lives. Over 220 employees are serving members from 3 months old to 90+ in their pursuit of healthy living and healthy aging. Read More...
Life Time Signs Letter of Intent for $175 Million in Sale-Leaseback Transactions
Posted: February 9, 2022 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that Life Time has entered into a non-binding letter of intent for the sale-leaseback of four properties in transactions valued at $175 million with an institutional real estate investor that has entered into multiple sale-leaseback transactions with the company previously. Read More...
Life Time Expands Chicago Presence with Opening of First Downtown Chicago Athletic Resort at River North
Posted: February 1, 2022 in Chains
CHICAGO, IL - Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH), has announced its new Chicago flagship and first-of-its-kind healthy lifestyle destination in downtown Chicago is now open 24 hours a day, seven days a week. Life Time River North at One Chicago is located within the new One Chicago development, the city's tallest residential building. The club was designed with healthy living top-of-mind for kids and adults alike, and it spans 126,000-square-feet across two floors with truly unparalleled, healthy way of life experiences and amenities. Read More...
Life Time Expands Kid-Friendly Classes with Launch of Ringside and Warrior Sculpt
Posted: January 24, 2022 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, continues bringing more ways for kids to engage in their health by adding to its already robust Kids' programming with the launch of new kids' versions of its most popular group studio classes. Rolling out this month, kids aged 5 to 13 can experience Life Time's exclusive Ringside and Warrior Sculpt classes designed for kids and tweens. Read More...
