Life Time is raising its full-year revenue guidance to between $2.56 and $2.59 billion following a strong second quarter.
The Chelsea Piers Fitness gym in Flatiron boasts top-flight equipment, a co-working space, a contrast therapy suite and group fitness spaces.
Leading gym chains such as EoS Fitness and Crunch are making Human Touch massage chairs a key part of their overall recovery packages.
Basic-Fit reported a 17% increase in revenue to €585 million ($633 million) and membership growth of 13% to 4.1 million in H1 2024.
D1 Training, a fitness brand built around NCAA Division 1 training principles, already has 115 open locations and is planning many more.
Despite a slowdown in deal activity post pandemic, private equity investors remain bullish on the fast-growing health and wellness sector.
Gym giant Planet Fitness has broken ground in Spain, opening its first club in Sabadell as part of its strategic growth plan in Europe.
Gym visits in the U.S. remained elevated year-over-year in Q2, with low-price brands EoS Fitness and Crunch Fitness leading the way.
Planet Fitness raised its base membership fee for the first time in 26 years, a move that could set a new pricing floor for the gym industry.
Fitness International, the parent company of LA Fitness, will take over XSport Fitness' 35 clubs and rebrand them.
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