Life Time reports 57 percent increase in first quarter revenue.
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May 12, 2022

News

Life Time Reports $392 Million in Q1 2022 Revenue, Pursues 3 Priorities for Growth

Life Time is focusing on three priorities for higher revenue: increasing dues on memberships, completing sale-leaseback deals on its properties and pursuing asset-light potential health and well-being growth opportunities that are a natural extension to the brand.

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Peloton Sales Drop in Q3 2022, Anticipates Even Lower Demand in Q4

Peloton President and CEO Barry McCarthy wrote, “Turnarounds are hard work,” in a letter to shareholders about deeper than anticipated third quarter losses. Due to the company being “thinly capitalized,” Peloton is borrowing $750 million in five-year term debt.

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Retro Fitness Embarks on Transformation to Become a World-Class Franchisor

Retro Fitness CEO Andrew Alfano brought some of the insights and experience he gained at Starbucks to the fitness franchise world when he joined Retro Fitness about a year prior to the COVID-19 pandemic. He was charged with transforming and growing the brand, which he did even during the pandemic.

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From Club Industry

A Roadmap to 2022: Fitness Industry Trends to Watch

Club Industry’s latest free report brings to you a collection of industry leaders who are sharing their thoughts on the trends they see in place in 2022 and how those will impact the industry and your business.

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Diversity, Equity And Inclusion In The Fitness Industry

Club industry has committed to helping to move forward the discussion on diversity, equity and inclusion in the fitness industry. In this ongoing series, people within the industry are sharing their experiences as people of color and as companies committed to DEI.

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In Brief

Life Time and Life Time Work to Headline Expansive Luxury Athletic Club and Coworking Offerings at JDS Development's Brooklyn Tower in 2023

Genesis Health Clubs Acquires Two VASA Fitness Locations

Escape Fitness and Pete Holman Bring Escape Barrow to Market

CycleBar Partners with CELSIUS to Fuel Riders Across the Country

Xponential Fitness Signs Multi-Brand Master Franchise Agreement for Mexico