Finance Fitness Clubs Facing $10 Billion Revenue Hit as Members Flee Staff Editor June 23, 2020 Share on Facebook Share on Twitter Share via Email Subscribe Now Log in Fitness clubs rocked by Covid-19 closures face a swell of bankruptcies with more than $10 billion of revenue wiped out as clients ditch memberships, according to investment bank Harrison Co. In a Harrison survey of 1,000 fitness club users, more than a third said they have canceled or plan to terminate existing memberships… READ MORE @ BloombergFitness clubs rocked by Covid-19 closures face a swell of bankruptcies with more than $10 billion of revenue wiped out as clients ditch memberships, according... Membership Required This article is for ATN Pro members only. ATN Pro members get: Unlimited access to Athletech News articles Exclusive access to ATN Pro-level reporting Discounts to ATN the Innovation Summit VIP access to community events Exclusive email newsletters Subscribe Now Already a member? Log in Already a member? Log in here Tags: Gym Members Gym Memberships
