Health and Fitness Club Industry News: Chains
Friday, January 24th, 2025
Life Time Foundation Awards Over $1.5 Million in Grants in 2024 to Support Environmental- and Youth-Focused Initiatives Nationwide
Posted: January 8, 2025 in Chains
CHANHASSEN, MN - The Life Time Foundation, the 501(c)(3) non-profit of Life Time (NYSE: LTH) dedicated to fostering a healthier planet and empowering healthy youth, distributed more than $1.5 million in grants to various organizations across the United States in 2024. These funds played a key role in supporting organizations that advance the Foundation's core initiatives: Healthy Planet, Youth Movement and Youth Nutrition. Read More...
Life Time Celebrates End of 2024 with Opening of Its Rosemount Athletic Country Club in Minnesota
Posted: December 27, 2024 in Chains
ROSEMOUNT, MN - Life Time (NYSE: LTH) announces the opening of its final athletic country club of 2024, Life Time Rosemount. The new destination marks a unique public-private partnership with the City of Rosemount and demonstrates the variety of ways the company continues to serve communities and grow its portfolio. Read More...
Life Time Expands Atlanta Presence with Opening of Life Time North Druid Hills
Posted: December 16, 2024 in Chains
ATLANTA, GA - Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, is expanding its national footprint, this time in Atlanta with the opening of its newest location, Life Time North Druid Hills. The new location marks the eighth Life Time location in Atlanta and the first in DeKalb County. Read More...
Life Time Unveils Multi-Million Dollar Transformation of Highland Park Athletic
Posted: December 7, 2024 in Chains
SAINT PAUL, MN - As one of the earliest clubs in its portfolio and ahead of its 30th anniversary, Life Time Highland Park unveils a multi-million dollar transformation and 20,800-square-foot expansion. Life Time (NYSE: LTH) opened the Highland Park club in November 1995. Today, the company operates more than 175 locations across 31 states and 43 major markets, including Toronto. Read More...
Life Time Foundation Furthering Support for Improved Student Meals with Green Onion
Posted: December 2, 2024 in Chains
CHANHASSEN, MN - In support of improved youth nutrition, the Life Time Foundation, the 501(c)(3) non-profit of Life Time (NYSE: LTH) has announced enhancements to Green Onion. Read More...
Life Time Grows Digital Footprint with the Launch of 100 New On-Demand Fitness Classes and New Meditations on its Complimentary App
Posted: November 21, 2024 in Chains
CHANHASSEN, MN - Expanding on its commitment to make health and wellness accessible to everyone, Life Time (NYSE: LTH) is launching 100 new on-demand classes and even more meditations via its complimentary app (available in Apple and Google stores). The additions bring users even more ways to get moving and be more mindful anytime, anywhere. 50 new videos are now available and will be followed by five new classes releasing each week. Read More...
Life Time Announces Expansion in South Florida with New Athletic Country Club in West Boca Raton, Opening Late 2025
Posted: November 19, 2024 in Chains
BOCA RATON, FL - Life Time (NYSE: LTH) is expanding in South Florida with a planned second athletic country club in Boca Raton. Life Time West Boca will be located within the Uptown Boca mixed-use development and is expected to open in late 2025. Read More...
Life Time Expands Relationship with National Academy of Sports Medicine to Support Rapid Growth in Personal Training and Group Coaching
Posted: October 17, 2024 in Chains
CHANHASSEN, MN - Life Time announces the renewal of its long-standing alliance with the National Academy of Sports Medicine (NASM), continuing its commitment to professional development opportunities for its dynamic personal trainers, stretch specialists and group fitness instructors. Life Time is currently one of the largest employers in the training and group fitness space with more than 3,500 personal trainers, stretch specialists and Pilates instructors, in addition to more than 8,500 studio instructors. Read More...
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...
Life Time and Microsoft Partner on Launch of AI-Driven Companion for Members: L.AI.C
Posted: May 28, 2024 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH) announces the launch of L.AI.C ("lay-see"), the first generative, AI-driven Healthy Way of Life personal companion for its members. Now rolling out in beta via the Life Time member app, L.AI.C represents the latest innovation in the company's relentless pursuit to help people live healthier, happier lives. Read More...
