The IHRSA Global 25 Profiles Fitness Industry Leaders
IHRSA released The IHRSA Global 25, outlining the top 25 health club companies worldwide. The annually compiled list recognizes top players in terms of revenue, number of memberships, and number of facilities according to Club Business International magazine. “Continued robust performance and innovation from leading club companies attests to the industry’s strength and potential for growth,” said Jay Ablondi, IHRSA’s executive vice president of global products in a press release. As a whole, the industry’s worldwide revenues increased to $83.1 billion in 2016. Top leaders in the list highlighted include LA Fitness International, which grew to 689 owned locations. Planet Fitness led in overall revenue at $1.9 billion and led with 8.9 million members, and franchise leader Anytime Fitness climbed to 3,443 locations worldwide, topping the charts in both 5-year revenue and 5-year unit growth metrics. Learn more about the IHRSA Global Report.
First Chinese Fitness Franchise License Granted to Anytime Fitness
Anytime Fitness has become the first U.S. fitness franchise granted license in China, according to a release. Dave Mortensen, the company’s president and cofounder, will join master franchisee Maurice Levine in Shanghai June 27-28 to align efforts with suppliers and local supporters on expansion. Anytime Fitness has seven locations already open in China with twenty new agreements signed and anticipates 300-500 gyms in China by 2020. “We’re in the business of building communities and helping people achieve their goals, something that transcends across borders,” Mortensen said in a press release. Levine also owns the franchise rights for Malaysia, the Philippines, and Singapore. In less that three years he has grown the franchise across six countries in Asia and 150 territories, becoming the number one gym operator by number of outlets in Asia. According to the release, more than 99% of the Chinese population does not have a gym membership and Anytime Fitness’s plan is to curb the culture to a more fitness oriented one.
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