Health and Fitness Club Industry News: Chains
Saturday, September 20th, 2025
America’s Fastest Growing Sport Comes to Boca Raton with Opening of Eight New Outdoor Pickleball Courts at Life Time Athletic Resort
Posted: January 4, 2022 in Chains
CHANHASSEN, MN - As pickleball continues its takeover as the fastest growing sport in the country, Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH), is bringing its premier pickleball experience to Life Time Boca Raton with the opening of eight outdoor pickleball courts. Read More...
Life Time Expansion Continues with Planned, New Athletic Resort within McKinney’s Craig Ranch Development in Late 2022
Posted: December 15, 2021 in Chains
DALLAS, TX - Life Time Group Holdings, Inc. ("Life Time") (NYSE: LTH), one of the nation's premier Healthy Way of Life brands, announces plans to open a new 100,000-square-foot athletic resort destination as part of the 80-acre mixed-used Craig Ranch development in McKinney, Texas. Life Time came to an agreement with the former owners of Craig Ranch Fitness & Spa for the closure and purchase of the club. Following a multi-million-dollar renovation, the destination will reopen as one of Life Time's iconic athletic resorts, its 12th in the Dallas-Fort Worth greater market area, following the early 2022 opening of Life Time Frisco. Read More...
Life Time Digital Expands with Launch of Virtual Weight Loss Programs this Holiday Season
Posted: December 1, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time") (NYSE: LTH), the nation's premier omnichannel lifestyle brand, is continuing to expand its digital offerings with its most popular and all-new weight loss and healthy living programs on Life Time Digital. These programs may be accessed and used both inside the company's more than 150 athletic resorts or anywhere and anytime that fits members' needs. Read More...
Life Time Brings First-Ever Luxury Athletic Resort and Coworking Destination to Downtown Chicago with Life Time River North at One Chicago
Posted: November 11, 2021 in Chains
CHICAGO, IL - Life Time Group Holdings, Inc. ("Life Time") (NYSE: LTH) is set to bring a first-of-its-kind healthy lifestyle destination to Chicago's River North neighborhood, opening in early 2022. Life Time River North at One Chicago, the city's tallest residential building and sixth tallest in Chicago's skyscape, brings unparalleled amenities to One Chicago residents and the neighborhood at-large, with 126,000+ square feet of luxurious spaces designed for the ultimate healthy lifestyle. Read More...
Life Time Announces Third Quarter Fiscal 2021 Financial Results
Posted: October 28, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced its financial results for the fiscal third quarter ended September 30, 2021. Third Quarter 2021 Results and Prior Year Comparisons: Total revenue increased 66.7% to $385.0 million from $231.0 million. Comparable center sales increased 58.7%. Center memberships increased 16.7% to 668,310 as of September 30, 2021, from 572,811 as of September 30, 2020. Net loss improved to $(45.4) million from $(93.6) million and included tax-effected expenses of $3.2 million related to share-based compensation and $2.0 million primarily related to non-recurring losses incurred on a sale-leaseback of one of our centers. Adjusted EBITDA increased to $47.0 million from $(12.4) million. Read More...
Life Time Announces Closing of $702 Million Initial Public Offering
Posted: October 13, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time") (NYSE: LTH) announces the closing of its initial public offering of 39,000,000 shares of its common stock at a public offering price of $18.00 per share, resulting in total gross proceeds of $702,000,000 before deducting the underwriting discounts and other offering expenses. The shares of Life Time's common stock began trading on The New York Stock Exchange under the symbol "LTH" on October 7, 2021. Read More...
Life Time Announces Pricing of Initial Public Offering
Posted: October 6, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time") announced the pricing of its initial public offering of 39,000,000 shares of its common stock, at a public offering price of $18.00 per share. Shares of Life Time common stock are expected to begin trading on The New York Stock Exchange under the symbol "LTH" on October 7, 2021. The offering is expected to close on October 12, 2021, subject to the satisfaction of customary closing conditions. Read More...
Life Time Launches Nationwide Youth Athletic Training Program: GameFace Sport
Posted: September 29, 2021 in Chains
CHANHASSEN, MN - With school athletic programs becoming increasingly competitive and more athletes seeking specialized training than ever before, Life Time, one of the nation's premier omnichannel healthy lifestyle brands, has launched athletic training programs across its resorts as part of its new GameFace Training offering. At most of its more than 150 destinations, Life Time is launching GameFace Sport, an athletic training fundamentals class for kids aged 8 - 13. Read More...
Life Time Brings Wellness-Focused Coworking Destination to Downtown Minneapolis as Remote Work Trend Continues Growth
Posted: September 23, 2021 in Chains
CHANHASSEN, MN - As more companies are moving toward a hybrid work model and employees are settling into a remote work life, Life Time, one of the nation's premier healthy lifestyle brands, opened its eighth Life Time Work destination (the third in the Twin Cities) to provide a centrally-located option for members seeking to be adaptable, engaged and healthy at work. Read More...
Life Time Announces Filing of Registration Statement for Proposed Initial Public Offering
Posted: September 13, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time") announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Life Time intends to apply to list its common stock on The New York Stock Exchange under the symbol "LTH". Read More...
Inaugural Ride of a Life Time Event Aims to Raise One Million Dollars for Local Hospitals and Schools on September 25
Posted: August 27, 2021 in Chains
CHANHASSEN, MN - With children's health front and center, Life Time, one of the nation's premier healthy lifestyle brands, is inviting its members and local communities to hop on a bike to help raise money for local hospitals and schools across the country during its first-ever Ride of a Life Time on Saturday, September 25. Life Time has set a $1 million fundraising goal for the inaugural cycle event. Read More...
Life Time Launches Kids’ Versions of Most Popular Adult Group Exercise Classes
Posted: August 18, 2021 in Chains
CHANHASSEN, MN - Kids aged 5 to 13 can now experience some of Life Time's most popular group exercise classes with the launch of its all-new Kids Studio programming. Designed just for kids and available at its destinations across the country, Life Time, one of the nation's premier omnichannel healthy lifestyle brands, is debuting the classes as part of its already-robust junior membership offerings. Read More...
Life Time Opens First of its Kind, 1.2-Million-Square-Foot, Live, Work, Play, Stay Development in Coral Gables
Posted: August 11, 2021 in Chains
CORAL GABLES, FL - For busy, health-minded, highly discerning consumers seeking the ultimate in convenience and luxury, Life Time Coral Gables, will transform healthy living as they know it. Conceptualized by Life Time, one of the nation's premier healthy lifestyle brands, the more than $500 million, 14-story, 1.2 million-square-foot development seamlessly integrates where consumers live, work, play and stay as a first-of-its-kind destination centered around the Company's iconic athletic resort. Read More...
Life Time Launches On-Demand Digital Meditation
Posted: August 4, 2021 in Chains
CHANHASSEN, MN - With more than 80% of Americans reporting emotions associated with stress, millions of people are turning to meditation apps to help calm their minds and gain mental clarity. Life Time, one of the nation's premier lifestyle brands, is launching a digital library of on-demand meditation programs on its Life Time Digital app. These meditations are designed to fit busy schedules and complement members' fitness and nutrition goals to meet their healthy way of life needs. Read More...
Life Time to Eliminate Plastic Water Bottles by Labor Day
Posted: July 30, 2021 in Chains
CHANHASSEN, MN - Life Time, one of the nation's premier healthy lifestyle brands, has announced that it will stop selling water in plastic bottles at its 150+ athletic resorts across North America by Labor Day, cutting more than 1.6 million plastic bottles annually. The plastic bottles are being replaced by aluminum bottles with Life Time-branded natural alkaline spring water. Read More...
Life Time Athletic Resort Experience Opens at Northshore Mall in Massachusetts
Posted: July 2, 2021 in Chains
BOSTON, MA - As shopping centers continue their evolution to meet the changing lifestyle needs of consumers, Life Time, one of the nation's premier healthy lifestyle brands, is bringing its luxury athletic resort experience as a new major tenant to Northshore Mall, a Simon property, located in Peabody, MA. Life Time Northshore is open now as a first-of-its-kind destination in the Greater Boston area with three floors covering 120,000-square-feet all related to health, exercise, wellness and community, along with an expansive outdoor aquatic center complete with a leisure pool, water slides, spa, resort-style seating and a bistro. Read More...
Booming Pickleball Popularity Takes Center Court at Life Time
Posted: June 21, 2021 in Chains
CHANHASSEN, MN - Pickleball is taking the nation by storm, growing more than 21% during the past year and showing no signs of slowing down. Life Time, one of the nation's premier healthy lifestyle brands that continues to shape the way consumers move, work and live, digitally and physically, has announced that it will rapidly expand its pickleball programming to become the top destination and authority for the sport. Read More...
GreenStreet Merges Wellness and Work with Opening of Life Time in Downtown Houston
Posted: June 10, 2021 in Chains
HOUSTON, TX - At a time when consumers are reshaping how they live, work and play with a renewed focus on health, Life Time, one of the nation's premier healthy lifestyle brands, has opened its newest luxury athletic club and premium coworking space at GreenStreet in Downtown Houston. Read More...
Life Time NoHo Opens as New York Expansion Continues
Posted: May 13, 2021 in Chains
NEW YORK, N.Y. - Life Time, one of the nation's premier healthy lifestyle brands that continues to shape the way consumers move, work and live, digitally and physically, has opened its third New York City location in less than six months, and fourth in the city, as it continues to bring its Healthy Way of Life philosophy to New Yorkers. Life Time is investing in New York City with plans to bring six new clubs to the city by the end of 2022, despite industry bankruptcies and permanent fitness location closures as an outcome of the pandemic. Read More...
Life Time Pledges to Further Cut Energy Consumption and Single-Use Plastic Products in New 5-Year Sustainability Goals
Posted: April 22, 2021 in Chains
CHANHASSEN, MN - In keeping with its healthy way of life commitment for the communities in which it operates, Life Time, one of the nation's premier omnichannel healthy lifestyle brands, has announced a set of ambitious sustainability goals to further cut energy use and plastic products in its destinations across North America. Read More...
