For Profit Clubs ArchiveSnap Founder: Company Not For SaleBy: By Stuart Goldman, managing editor CHANHASSEN, MN -- Snap Fitness CEO and founder Peter Taunton rebuked a report last week stating that Snap Fitness is for sale. However, at least one industry observer maintains that the company is for sale. ... 24 Hour Launches New TV Ad CampaignBy: By Stuart Goldman, managing editor SAN RAMON, CA -- 24 Hour Fitness kicked off its 12 Million Lives campaign by airing its first TV commercial Monday night during the FOX broadcast of “House.” The campaign stars 24 Hour members who have overcome personal challenges through fitness.... TSI Surges to First-Quarter ProfitBy: By Stuart Goldman, managing editor NEW YORK -- Apparently, analysts liked what they heard from Town Sports International (TSI) during the company’s conference call last Thursday to announce its first-quarter results. TSI boasted a first-quarter profit and increased revenue, causing at least two of the analysts who participated in the call to raise their profit estimates for the company.... 24 Hour Partners with Six Athletes for Beijing OlympicsSAN RAMON, CA -- 24 Hour Fitness announced today that four U.S. Olympians and two Olympic hopefuls have joined Team 24 Hour Fitness in preparations for the Summer Olympics in Beijing, which take place Aug. 8-24. 24 Hour Fitness is the official fitness center sponsor of the 2008 U.S. Olympic Team.... New York Sports Clubs Offers Free Yoga Classes to VeteransNEW YORK -- New York Sports Clubs will offer free weekly yoga classes at its Glendale, NY, location in the borough of Queens for veterans to reduce stress. The club company, which is owned by Town Sports International, recently partnered with the Queens Vet Center, a counseling service that helps veterans of all wars readjust to civilian life. ... NYHRC Launches Triathlete Training ProgramNEW YORK -- Due to the increased popularity of triathlons, New York Health & Racquet Club (NYHRC) and JackRabbit Sports, a triathlete’s store in New York, partnered to launch a new comprehensive triathlete-training program. ... Akradi: Life Time Needs to Improve Member CommunicationBy: By Stuart Goldman, managing editor CHANHASSEN, MN -- Life Time Fitness founder and CEO Bahram Akradi said today at the company’s annual shareholders meeting that he wants to focus on improving the company’s communication process to its members.... TSI Gets New COONEW YORK -- Martin Annese will join Town Sports International as its new chief operating officer, effective April 28, according to the company. Annese will report to Alex Alimanestianu, CEO, and will lead all fitness club operations and marketing for the company. ... Anytime Fitness Challenges Ruling of St. Paul LawBy: By Stuart Goldman, managing editor ST. PAUL, MN -- Despite a Minnesota judge’s ruling to uphold the city of St. Paul’s decision to fine two Anytime Fitness franchisees for violating a city safety standard, Anytime Fitness is working with the St. Paul mayor’s office to change the language of the standard.... More Changes At 24 HourSAN RAMON, CA -- After sweeping changes were made in January at 24 Hour Fitness, including the departure of the company’s founder, Mark Mastrov, 24 Hour recently announced more personnel moves.... The Sports Club Co. Revenue Increases 4.9 PercentLOS ANGELES -- The Sports Club Co. Inc., Los Angeles, had 2007 revenue of $61.7 million and revenue in the fourth quarter 2007 of $15.5 million, according to a statement from the company. ... Bally Making Payments to Former StockholdersCHICAGO -- Bally Total Fitness announced Monday it has begun the process of making an initial cash distribution of 31 cents a share to former stockholders, in accordance with the terms of Bally’s Chapter 11 bankruptcy plan.... The Industry Faces Self SelectionBy: Pamela Kufahl As I sat in on the Kjell Nordstrom address at last month's International Health, Racquet and Sportsclub Association (IHRSA) conference, I wished that... Great Outdoors Provides Opportunities for ClubsBy: Gregory Florez Recently, I attended the Outdoor Retailer Show in Salt Lake City, UT. The show has more than 1,000 vendors represented in a $289 billion industry in the... In BRIEFKlaus Hilgers, founder and president of Epoch Consultants Inc., has died. Hilgers was a consultant in the industry and a speaker at trade shows, including... Les Mills' Study Shows Benefits of Group FitnessBy: Jennipher Shaver Del Mar, Ca A Nielsen survey of 3,080 participants in Les Mills group fitness classes across the globe showed that more than 85 percent of them visit... Membership and Revenue Growth Continued in 2007By: Pamela Kufahl Boston Health club membership in the United States increased by 3 percent last year from 42.7 million members (over the age of six) in 2006 to 44.1 million... Out of the BoxBy: By Amy Florence Fischbach, contributing writer Students swing around weighted wooden swords and try their hand at Samurai sword training moves during a weekly class at Reebok Sports Club/NY in New... Leisure Sports to Develop New Fitness ResortBy: Pamela Kufahl Pleasanton, Ca Charter Properties, a Pleasanton, CA-based developer, and Leisure Sports Inc., owner and operator of ClubSport fitness resorts, will partner... TSI's Revenue Increases for Fourth Quarter and 2007By: Pamela Kufahl New York Town Sports International (TSI) reported a 7.9 percent increase in revenue in the fourth quarter of last year and a 9.2 percent revenue growth... Results May VaryBy: By Jennipher Shaver, senior associate editor More than 11 million people tuned in to watch Marty Wolff and other contestants on season three of The Biggest Loser weigh in for the show's finale in... Get PersonalBy: By Stuart Goldman, managing editor Rob Shapiro can't take all the credit for the idea to open a personal training studio. He can thank his former club members for that. Shapiro was the... First WordBe a Top 100 Club In July, we'll again feature the Top 100 clubs in our industry. Should your club be on that list? It may if your company had 2007 revenue... No Salary, Just Stock for Akradi in 2008By: Pamela Kufahl Chanhassen, Mn Bahram Akradi, CEO of Life Time Fitness, Chanhassen, MN, will forgo his $926,667 cash salary and his cash incentive compensation this year,... Clubs Come Together for CureBy: Pamela Kufahl Manasquan, Nj A fundraising effort for Augie's Quest that the staff of The Atlantic Clubs began a few months ago has turned into an industry effort that... |
Ask the Experts
A panel of professionals answers your questions on a variety of topics.
Featured Content
How-to articles to help you improve retention, increase sales, energize your group exercise programming and more.
Insights into what high-level club executives think about their business and industry trends.
News about fitness facilities, club owners, acquisitions, suppliers and more delivered to your in-box three times a month.
Practical Internet strategies to help you build customer relationships, increase revenues and lower costs. Most Popular |
||||||||
