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In a poll conducted by YouGov, cost was the most common reason people gave for canceling their gym membership.
EOS Fitnes plans to open over 250 gyms by 2030. It's reportedly eyeing at least $100 million in private funding to support that goal.
Executives from Chuze Fitness and Crunch Fitness share how they plan to acquire and retain members in the coming years.
Major gym brands including Planet Fitness, Life Time and Crunch Fitness have seen YoY visitation numbers increase nearly week this year.
Chuze has become one of the fastest-growing high-value, low-price (HVLP) gym chains in the U.S., currently operating 59 locations.
IHRSA staged its second Fly-In & Advocacy Summit in Washington, D.C., as the fitness industry continues its fight for better legislation.
Chuze Fitness has 44 locations across the western U.S. and will 16 Bailey's locations in Florida to its portfolio.
London-based firm Technavio says much of the growth in future will come from wearable fitness tech that interacts with apps.
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