PHIT Act passage could spur gym memberships.
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March 16, 2023

News

U.S. Congress Re-introduces PHIT Act to Incentivize Physical Activity

If passed, the Personal Health Investment Today (PHIT) Act would allow people to use their Flexible Savings Accounts and Health Savings Accounts for gym memberships.

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Beachbody Company, Now BODi, Experienced Revenue Decreases in Q4 2022 and Full-Year 2022

The at-home subscription company reported a 31 percent decrease in fourth quarter 2022 revenue and a 21 percent decrease in full-year revenue, but management anticipates a rebrand and new offerings will improve 2023 results.

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IHRSA 2023 Welcomes the Fitness Industry to San Diego Next Week

Organizers of the annual IHRSA conference and trade show anticipate about 300 exhibitors and 6,000 fitness professionals at this year’s event in San Diego March 20-22.

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From Club Industry

2023: Trends Moving the Health and Wellness Industry into a Brighter Future

Club Industry called upon a range of industry leaders to gauge what they think the trends to watch will be in 2023. Download this free report to read the thoughts of leaders such as Karl Sanft, CEO of 24 Hour Fitness; Adam Sedlack, COO of UFC Gyms; Ben Midgley, CEO of Crunch Franchising; Lindsay Vastola, founder of Vast Potential and more.

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