Despite losses in 2020, IHRSA report offers hope for future.
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July 22, 2021

News

U.S. Fitness Industry Lost $20.4 Billion in 2020, Comeback on Horizon, Per IHRSA Report

The COVID-19 pandemic caused a $20.4 billion revenue decrease for the U.S. fitness industry last year and 17 percent of U.S. fitness facilities to close, but seven signs provide optimism for the future of the industry, according to an IHRSA report.

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Xponential Fitness Seeks $200 Million in IPO with $200 Million in Private Placement

Xponential Fitness updated its S-1 form filed with the Securities and Exchange Commission revealing more details about the number of shares it plans to offer, the anticipated pricing for its shares and its anticipated value.

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UnitedHealthcare Offers Members Free Access to Peloton Programs

Peloton has announced its first partnership since launching in June its Peloton Corporate Wellness platform.

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Two Ways Boutique Fitness Studios Have Adapted Post-COVID

Studio operators have adapted to a new reality by embracing online workouts and using social media—both of which play into the ability of studios to create intimate experiences.

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From Club Industry

NOW ON-DEMAND: Future of Fitness Virtual Event

The June Future of Fitness virtual event, which was held June 16-17, is now over, but you can still view the almost 40 sessions on-demand. Just fill out the registration form to gain access to each session for free, thanks to the sponsorship of industry vendors.  

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Club Industry's Report on 2021 Fitness Industry Trends to Watch

The trajectory of 2021 has been defined by the unusual and challenging circumstances of 2020. Club Industry’s annual trends report, “Fitness Industry Trends to Watch in 2021,” features insights about what is ahead from a variety of voices in multiple segments of the industry. Read what they have to say in the report, which is now available for free download.

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In Brief

World Gym Commemorates 45th Anniversary with July 31 Event

 

Celebrities to Revolutionize Connected Fitness with GRIT EPIQ

 

Life Fitness Introduces Integrity SL

 

Wellness Center Receives $250,000 Gift from Energy Transfer