{"id":1558,"date":"2016-05-16T01:00:53","date_gmt":"2016-05-16T06:00:53","guid":{"rendered":"http:\/\/www.clubinsideronline.com\/news\/?p=1558"},"modified":"2016-05-24T12:11:14","modified_gmt":"2016-05-24T17:11:14","slug":"ihrsa-report-health-clubs-saw-5-3-revenue-growth-from-2013-to-2014","status":"publish","type":"post","link":"http:\/\/www.clubinsideronline.com\/news\/ihrsa\/ihrsa-report-health-clubs-saw-5-3-revenue-growth-from-2013-to-2014\/","title":{"rendered":"IHRSA Report: Health Clubs Saw 5.3% Revenue Growth from 2013 to 2014"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/IHRSA-Profiles-of-Success-1.jpg\" alt=\"2015 IHRSA Profiles of Success\" width=\"300\" class=\"alignnone size-full wp-image-1559\" srcset=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/IHRSA-Profiles-of-Success-1.jpg 240w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/IHRSA-Profiles-of-Success-1-200x253.jpg 200w\" sizes=\"(max-width: 240px) 100vw, 240px\" \/>2015 IHRSA Profiles of Success<\/p>\n<p><strong>BOSTON, MA<\/strong> &#8211; Overall, health clubs posted revenue growth of 5.3% from 2013 to 2014, according to the <em>2015 IHRSA Profiles of Success<\/em> report. <\/p>\n<p>Multipurpose and independent clubs reported median retention rates of 69% and 79%, respectively. Fitness-only clubs reported a median net membership growth of 4.2%, while clubs part of a chain achieved a median net membership growth of 9.4%, the highest among all segments observed.<\/p>\n<p>&#8220;IHRSA&#8217;s annual industry data survey results indicate that leading club operators continue to play to their strengths as respondents recorded improvements in key financial and membership metrics,&#8221; said Jay Ablondi, IHRSA&#8217;s executive vice president of global products. \u201cThis year\u2019s results show multipurpose and independent club reported strong retention results in 2014, while fitness-only and chain facilities posted high net membership growth. All segments increased revenue on a year-over-year basis.\u201d<\/p>\n<p>The report provides a detailed analysis of the annual performance of leading health and fitness clubs, including key performance metrics such as revenue and membership growth, payroll, member retention, non-dues revenue, and EBITDA. Profit center analysis as well as income statement and balance sheet data are also provided.<\/p>\n<p>Additional key findings include:<\/p>\n<ul>\n<li>Fitness-only clubs reported the greatest revenue growth across all segments by club type (+8.9%).<\/li>\n<li>Multipurpose clubs generated the greatest revenue per individual member ($810.80).<\/li>\n<li>Smaller clubs generated less revenue per individual member ($637.50) in comparison with larger clubs ($1,298.60), but achieved greater gross revenue growth (8.2% vs. 3.5%).<\/li>\n<li>Total payroll claims a median 39% of total revenue for all responding clubs.<\/li>\n<li>Clubs reinvested roughly 3% of total revenue into fitness equipment.<\/li>\n<\/ul>\n<p><em>Now through June 30, save 25% on reports, webinars, and all other resources in the <a href=\"https:\/\/www.ihrsastore.com\/\" target=\"_blank\">IHRSA Store<\/a> by using promo code <strong>2016SALE<\/strong> at checkout.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>BOSTON, MA<\/strong> &#8211; Overall, health clubs posted revenue growth of 5.3% from 2013 to 2014, according to the <em>2015 IHRSA Profiles of Success<\/em> report.  Multipurpose and independent clubs reported median retention rates of 69% and 79%, respectively. Fitness-only clubs reported a median net membership growth of 4.2%, while clubs part of a chain achieved a median net membership growth of 9.4%, the highest among all segments observed.<\/p>\n","protected":false},"author":1,"featured_media":91,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[10,12],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/1558"}],"collection":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/comments?post=1558"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/1558\/revisions"}],"predecessor-version":[{"id":1560,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/1558\/revisions\/1560"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/91"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=1558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=1558"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=1558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}