Health and Fitness Club Industry News: Chains
Monday, June 15th, 2026
Life Time Unveils 46,000-Square-Foot Pickleball Expansion at Life Time Annapolis
Posted: October 9, 2024 in Chains
ANNAPOLIS, MD - Following the successful opening of Life Time Annapolis in November 2022 and the continued demand for pickleball and small group training, Life Time (NYSE: LTH), the nation's premier healthy way of life company, unveils an expansion at Annapolis Town Center. Read More...
Life Time Closes on $65 Million in Sale-Leaseback Transactions
Posted: September 30, 2024 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. (NYSE: LTH) announces that it has closed on two sale-leaseback transactions for two properties for approximately $65 million in gross proceeds. Terms were similar to recent transactions. Additional details were not disclosed. These transactions bring the Company's total gross proceeds from sale-leasebacks to approximately $213 million year-to-date. Read More...
Life Time Announces Nationwide “GO90” Fundraiser Workout to Fight ALS on September 28
Posted: September 12, 2024 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH) announces the nationwide launch of Life Time x Augie's Quest GO90, a nationwide workout fundraiser to benefit both Augie's Quest to Cure ALS and the Life Time Foundation, two organizations that focus on ALS research and patient care, and youth nutrition, movement and conservation efforts respectively. The event will take place on Saturday, September 28, across Life Time's athletic country clubs. Read More...
Life Time to Expand in Austin, Texas with Luxurious South Lamar Athletic Country Club; Mid-2025 Opening Expected
Posted: August 27, 2024 in Chains
AUSTIN, TX - Life Time (NYSE: LTH) announces plans to bring a new athletic country club to the vibrant South Lamar neighborhood of Austin, Texas as part of the dynamic four-acre mixed-use development - The Bouldin. Construction of Life Time Austin South Lamar is set to begin later this year. A mid- to late-2025 opening is anticipated for this luxurious Life Time location. Read More...
Life Time Files Patent, Announces The Ultimate Pickleball
Posted: August 14, 2024 in Chains
CHANHASSEN, MN - Life Time, which continues to be at the forefront of the fastest-growing sport in America, announces it has filed a patent for The Ultimate Pickleball. Designed to address common issues of inconsistent speed, bounce and durability, the new patent-pending ball will be unveiled during an exclusive event featuring tennis legend and pickleball fan, Andre Agassi, at Life Time's PENN 1 in New York City. Read More...
Life Time Debuts New Athletic Country Club in Westlake, Representing Company’s 13th in Dallas-Fort Worth Area
Posted: August 8, 2024 in Chains
DALLAS, TX - Life Time (NYSE: LTH) has further expanded in Texas and the Dallas-Fort Worth metroplex with the opening of Life Time Westlake. The opening extends Life Time's athletic country club footprint to 33 locations across Texas. Life Time first entered the Dallas-Fort Worth market with the opening of Life Time Plano in 2003. It most recently opened Life Time Las Colinas in April. Read More...
Life Time Names Erik Weaver Chief Financial Officer
Posted: August 1, 2024 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time," "we," "our," or the "Company") (NYSE: LTH) announces that Erik Weaver has been appointed Executive Vice President & Chief Financial Officer effective August 1, 2024. Mr. Weaver had served as the Company's Interim Chief Financial Officer since January 1, 2024. Read More...
Life Time Reveals Transformed Harbour Island Athletic Club in Tampa
Posted: July 10, 2024 in Chains
TAMPA, FL - With a wait list topping 10,000, Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, announces the highly anticipated opening of its newest Florida destination, Life Time Harbour Island. Spanning nearly 6.5-acres, the Harbour Island location has been entirely transformed following a multi-million-dollar renovation to become Tampa's only luxury athletic and social destination. Read More...
Life Time Closes on $90 Million Sale-Leaseback Transaction
Posted: July 1, 2024 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces it closed on a sale-leaseback transaction for two properties totaling $90 million in gross proceeds. This transaction brings the Company's total gross proceeds from sale-leasebacks to $130 million year-to-date. The Company is also in negotiations for additional sale-leasebacks with expected gross proceeds of $40 - $65 million, which it expects to close by the end of the third quarter. Terms are similar to recent transactions. Read More...
Life Time Hosting Exclusive Swim Clinics with Olympian Ryan Lochte
Posted: June 5, 2024 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH), which operates more than 500 indoor and outdoor pools nationwide, is teaming up with world-renowned swimmer, current World Record Holder, and 12-time Olympic Medalist, Ryan Lochte, to offer a series of swim clinics across several of its athletic country clubs. These exclusive clinics, available for all ages, will provide a unique opportunity to learn from one of the greatest swimmers in history in partnership with Life Time's leading aquatics experts. Read More...
Life Time Closes on $40 Million Sale-Leaseback Transaction
Posted: May 29, 2024 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that it closed on a sale-leaseback transaction for approximately $40 million in gross proceeds. The transaction involved one property with an institutional real estate investor that owns another Life Time destination. The transaction terms were not disclosed. Read More...
