Health and Fitness Club Industry News: Chains
Sunday, December 3rd, 2023
Life Time Shenandoah Debuts, Company’s 13th Athletic Country Club and 3rd Life Time Work in Houston
Posted: November 10, 2023 in Chains
SHENANDOAH, TX - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, continues its expansion with the opening of Life Time Shenandoah and Life Time Work Shenandoah, the Company's 13th athletic country club destination and third premium coworking location in Houston. Read More...
Burlington Life Time Living Opens as Market’s First Integrated Luxury Apartment Residences Focused on Comprehensive Health and Wellness
Posted: November 2, 2023 in Chains
BURLINGTON, MA - Life Time (NYSE:LTH) is bringing its one-of-a-kind Life Time Living experience to the greater Boston area with the opening of Life Time Living Burlington. Life Time partnered with Nordblom Company to complete the vibrant, 13-acre community, a 167-unit residential complex, located adjacent to Life Time's Burlington athletic county club. Read More...
Life Time’s Experience Life Magazine Takes Home Four Awards at Prestigious 2023 FOLIO: Eddie and Ozzie Awards
Posted: October 26, 2023 in Chains
CHANHASSEN, MN - Experience Life, the print and digital magazine from Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, was awarded four Eddies and Ozzies as part of the 2023 FOLIO: Awards, the most prestigious recognition program in the publishing community. Read More...
Life Time to Acquire Arden Hills Athletic & Social Club Property in Sacramento in Early 2024
Posted: October 13, 2023 in Chains
SACRAMENTO, CA - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, and Arden Hills Athletic & Social Club located in Sacramento, California, announces the closure of Arden Hills as of December 31, 2023, and Life Time's acquisition of the property with an early 2024 reopening as Life Time Arden. Details of the transaction were not disclosed. Read More...
Life Time Expands to Connecticut with First Athletic Country Club and Life Time Living Luxury Residences in Downtown Stamford
Posted: September 27, 2023 in Chains
STAMFORD, CT - Life Time (NYSE:LTH), one of the nation's premier healthy lifestyle brands, announces the opening of its first athletic country club in Connecticut with a nearly 52,000 square-foot athletic country club and 10,000 square-foot rooftop beach club in downtown Stamford. Read More...
Life Time Opens First Bay Area Athletic Country Club in California
Posted: September 22, 2023 in Chains
WALNUT CREEK, CA - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, has opened its newest luxury athletic country club, Life Time Walnut Creek, the first location in the San Francisco Bay Area. Located at the heart of the Broadway Plaza shopping center, the destination marks the seventh Life Time location in California, and third in the Northern California region. It's the Company's first shopping center-based location in the state with Macerich. Read More...
Life Time Continues Pickleball Expansion with Opening of 22 Courts at Life Time Kingwood in Humble, Texas
Posted: September 15, 2023 in Chains
HOUSTON, TX - Life Time (NYSE:LTH), one of the nation's premier healthy lifestyle brands and largest provider of pickleball courts, programming and leagues, is opening its largest outdoor pickleball development with 22 new courts opening adjacent to its Kingwood club in Humble, Texas on September 15. Life Time currently operates nearly 600 permanent pickleball courts across its network of athletic country clubs in North America. Read More...
Life Time Unveils Company’s First Ground-Up Pickleball Club in Chanhassen, Minnesota
Posted: September 5, 2023 in Chains
CHANHASSEN, MN - As pickleball continues its explosive growth trajectory, Life Time (NYSE: LTH), on of the nation's premier healthy lifestyle brands and the largest provider of permanent pickleball courts in the country, announces the groundbreaking of Life Time Pickleball Chanhassen, the company's first ground-up pickleball location in the country. Read More...
Life Time Debt Upgraded by Moody’s; Company Closes on $45 Million Sale-Leaseback Transaction
Posted: August 24, 2023 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that Moody's Investor Service ("Moody's") has upgraded the company's issuer credit rating to 'B2' from 'B3.' As reasons for the upgrade, Moody's cited the company's improving performance, including membership, revenue and EBITDA trends, and steps the cmpany is taking to continue to improve its balance sheet and reduce leverage. Read More...
First Phase of Life Time at PENN 1 Opens with Luxurious Boutique Studios, Cardio, Strength and Training Offerings and Recovery and Rejuvenation Spaces
Posted: August 21, 2023 in Chains
NEW YORK, N.Y. - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces the opening of phase one of its 54,000-square-foot destination at PENN 1, as part of the PENN DISTRICT, located adjacent to Madison Square Garden in the heart of New York City. Read More...
The Falls Debuts Miami’s First-Of-Its-Kind, 120,000-Square-Foot Life Time Athletic Country Club
Posted: August 4, 2023 in Chains
MIAMI, FL - In a first for Miami's shopping center scene, Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, debuts its one-of-a-kind, athletic country club experience at The Falls, a Simon property. The opening marks the company's second location in greater Miami and fourth in South Florida as it continues its nationwide expansion. Read More...
Life Time Continues Expansion with 30th Club Opening in Texas
Posted: July 28, 2023 in Chains
MISSOURI CITY, TX - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brand, announces the opening of Life Time Sienna in Missouri City, Texas. The opening marks the Company's 30th athletic country club in Texas and 12th in the Houston market. Read More...
Life Time Foundation Launches Groundbreaking Solution to Support Healthier School Meals Nationwide
Posted: July 20, 2023 in Chains
CHANHASSEN, MN - Life Time Foundation, the 501(c)(3) charitable arm of Life Time (NYSE: LTH), announces its nationwide launch of a groundbreaking, complimentary digital resource, Green Onion, which is designed to help all school districts, purchasing cooperatives and food distributors analyze their K-12 food products to identify, remove and replace unhealthy ingredients and create positive, sustainable nutritional changes. Read More...
Life Time Athletic Country Club and Life Time Work Opens at The Clarendon Crossing in Arlington, Virginia
Posted: July 14, 2023 in Chains
ARLINGTON, VA - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces the opening of a one-of-a-kind athletic country club in Arlington, Virginia. The development is also home to Life Time Work, the company's premium coworking destination. Combined, the new destination makes Life Time a main anchor at The Crossing Clarendon, the multi-block stretch of mixed-used development with shops, restaurants, offices and more, owned by Regency Centers. The development spans 113,000 square feet over four floors, including 85,000 square feet for the athletic club and 28,000 square feet dedicated to Life Time's premium coworking spaces. Read More...
Life Time Announces Summer 2023 Opening of Life Time Sienna in Missouri City, Texas
Posted: June 28, 2023 in Chains
MISSOURI CITY, TX - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces the late-summer opening of Life Time Sienna, its 30th destination in Texas. With an outdoor beach club, leisure pools, an expansive workout floor, six dedicated studio spaces and much more, Life Time Sienna will have no shortage of spaces for members to live their healthy, happy life. Read More...
Inaugural ESG Report Highlights Life Time’s 30 Years of Sustainable and Socially Responsible Business Practices
Posted: June 22, 2023 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, has released its inaugural Environmental, Social and Governance (ESG) report, reinforcing the company's steadfast commitment to sustainable and socially responsible business practices for more than 30 years. The company's Healthy Way of Life accomplishments are highlighted within three categories: Healthy People, Healthy Planet and Healthy Principles. Read More...
Life Time’s New York City Expansion Continues with Iconic Indoor Pickleball and Athletic Club Destination in the Penn District
Posted: June 20, 2023 in Chains
NEW YORK, N.Y. - Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, announces it is entering into a lease agreement with Vornado Realty Trust (NYSE: VNO) to occupy more than 53,000 square feet on the first three floors of PENN 1, located adjacent to Madison Square Garden in the heart of New York City. The redeveloped 57-story building serves major office tenants and is readily accessible to hundreds of thousands of daily commuters via the most accessible transportation hub in the country. Read More...
Life Time Opens First Luxury Athletic Country Club and Life Time Work in Oregon
Posted: May 31, 2023 in Chains
BEAVERTON, OR - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, officially opened the doors to it first Oregon location in Beaverton, unveiling its newest luxury athletic country club and premium coworking space just outside of Portland. The 190,000-square-foot, three-story Life Time Beaverton athletic country club expands the Company's geographic footprint to 30 states and 42 major markets in the U.S. Read More...
Life Time Debt Upgraded by S&P Global; Completes Term Loan B Refinancing
Posted: May 9, 2023 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that S&P Global Ratings ("S&P Global") has upgraded the Company's issuer credit rating to 'B' from 'B-'. As reasons for the upgrade, S&P Global cited improving performance, including membership, revenue and EBITDA trends and steps the Company is taking to continue to improve its balance sheet and reduce leverage. Read More...
JOOLA Becomes Official Paddle Sponsor of Life Time Pickleball
Posted: April 26, 2023 in Chains
NEW YORK, N.Y. - JOOLA announces an agreement with Life Time (NYSE: LTH), one of the nation’s premier healthy lifestyle brands, to serve as an exclusive sponsor of Life Time Pickleball. JOOLA will be the primary pickleball paddle sponsor across all Life Time athletic country clubs offering indoor and outdoor pickleball courts. Members will have access to use JOOLA paddles during open play and Life time’s branded adult beginning Play Learn Love program, and paddles will also be available for sale at Life Time’s Pro Shops, LifeCafes and online. Read More...