{"id":3674,"date":"2018-07-20T00:00:52","date_gmt":"2018-07-20T05:00:52","guid":{"rendered":"http:\/\/www.clubinsideronline.com\/news\/?p=3674"},"modified":"2018-07-24T14:46:43","modified_gmt":"2018-07-24T19:46:43","slug":"trt-holdings-inc-exploring-possible-sale-of-golds-gym","status":"publish","type":"post","link":"http:\/\/www.clubinsideronline.com\/news\/chains\/trt-holdings-inc-exploring-possible-sale-of-golds-gym\/","title":{"rendered":"TRT Holdings, Inc. Exploring Possible Sale of Gold&#8217;s Gym"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Golds-Gym-300x300.png\" alt=\"Gold&#039;s Gym\" width=\"300\" height=\"300\" class=\"alignnone size-medium wp-image-329\" srcset=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Golds-Gym-300x300.png 300w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Golds-Gym-200x200.png 200w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Golds-Gym-800x800.png 800w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Golds-Gym.png 881w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Gold&#8217;s Gym<\/p>\n<p><strong>DALLAS, TX<\/strong> &#8211; TRT Holdings, Inc., the majority shareholder of Gold&#8217;s Gym since 2004, says it will put the iconic fitness brand up for sale to focus more on its core business. It has retained Piper Jaffray &#038; Co. to conduct a sales process.<\/p>\n<p>&#8220;Over the years we have received significant inbound interest from potential owners looking to buy the most iconic brand in fitness,&#8221; said TRT Holdings President, Blake Rowling. &#8220;Given the tremendous growth currently happening in the fitness industry, the stellar leadership team we have in place and the recent excitement surrounding the evolution of the Gold&#8217;s Gym brand, that interest has spiked considerably. With TRT Holdings&#8217; increased focus on its Omni Hotels &#038; Resorts, we feel that now is the right time to go to market.&#8221;<\/p>\n<p>Gold&#8217;s Gym CEO Brandon Bean added, &#8220;In the last 24 months we&#8217;ve rolled out an entirely new Gold&#8217;s Gym experience focused on broadening the brand&#8217;s appeal, expanding our membership base and getting more people than ever engaged in our unique products and services. The popularity and growth of the Gold&#8217;s Gym brand is at an all-time high, and we&#8217;re excited to work with a new ownership group to continue this momentum across all our key business units, including our company-owned gyms, domestic and international franchising operations and global licensing program.&#8221;<\/p>\n<p>During its partnership with TRT Holdings, Gold&#8217;s Gym has grown to 700+ locations across six continents and has differentiated the brand through a series of new fitness offerings, including GOLD&#8217;S STUDIO, the company&#8217;s signature boutique-style fitness classes, BOOTCAMP large group training classes and 3D body scanning technology. With a core focus on innovation and expanding the brand&#8217;s reach beyond the four walls of the gym, Gold&#8217;s Gym also recently launched GOLD&#8217;S AMPTM, the first digital personal training and music app from a brick-and-mortar gym. <\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>DALLAS, TX<\/strong> &#8211; TRT Holdings, Inc., the majority shareholder of Gold&#8217;s Gym since 2004, says it will put the iconic fitness brand up for sale to focus more on its core business. It has retained Piper Jaffray &#038; Co. to conduct a sales process. During its partnership with TRT Holdings, Gold&#8217;s Gym has grown to 700+ locations across six continents and has differentiated the brand through a series of new fitness offerings, including GOLD&#8217;S STUDIO, the company&#8217;s signature boutique-style fitness classes, BOOTCAMP large group training classes and 3D body scanning technology. With a core focus on innovation and expanding the brand&#8217;s reach beyond the four walls of the gym, Gold&#8217;s Gym also recently launched GOLD&#8217;S AMPTM, the first digital personal training and music app from a brick-and-mortar gym.<\/p>\n","protected":false},"author":1,"featured_media":329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[30,378],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/3674"}],"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=3674"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/3674\/revisions"}],"predecessor-version":[{"id":3675,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/3674\/revisions\/3675"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/329"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=3674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=3674"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=3674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}