The International Health, Racquet & Sportsclub Association is the fitness industry's only global trade association representing over 10,000 for profit health and fitness facilities and over 600 supplier companies in 75 countries.

 

 



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Entries in Rick Caro (4)

Thursday
Jul032014

IHRSA Global 25: fitness industry making positive strides

Last year, when discussing the IHRSA Global 25, the phrase people used most frequently to describe the industry, overall, was “recession-resilient.” But that was last year.

Now, in reflecting on the industry’s performance in 2013, club operators, analysts, investors, and others seem to have moved on. “Many of the industry’s leaders have put the recession behind them, and are trying to figure out in what ways the sector is going to perform differently going forward,” observes Rick Caro, the president of Management Vision, Inc., a Manhattan- based consultancy.

In short: It’s a new day, a new game, and industry players are trying to sort it all out.

The IHRSA Global Report for 2014, the basis for the IHRSA Global 25 lists, chronicles changes from 2012 to 2013, and, in general, reveals across-the-board increases in a wide range of metrics - both with respect to the U.S. and global industries. Domestically, revenues climbed from $21.8 billion in 2012 to $22.4 billion in 2013, a 2.8% increase; the number of facilities, from 30,500 to 32,150, up 5.4%; and the number of members, from 50 million to 54 million, a solid 8% rise.

For more on the Global 25, read on.

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Thursday
Feb132014

Get a new perspective with 18th Annual Financial Panel

Rick CaroIHRSA likes to keep the International Convention & Trade Show educational sessions intimate, usually not more than 100 people. Some yearly sessions, however, just burst at the seams and a larger room is inevitable.

The Financial Panel is one of those gatherings where finding a seat can be tricky. And it is no surprise. It brings financial experts who talk about the fitness industry’s strengths and weaknesses, what they are as future trends, how the industry compares to analogous industries, how different segments within the industry are faring, and how the current debt and equity markets are behaving, relative to the industry.

More than 300 people are in attendance. There would be more if there weren’t conflicts on the schedule.

The 18th Annual IHRSA Financial Panel: An In-Depth Review of the Health Club Industry Growth Factors & Financial Sectors, in the Management & Operations track, is Friday, March 14, 11:30 p.m.

Read on for more on the Financial Panel.

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Wednesday
Dec182013

Graduate-level education, close-knit setting at IHRSA Institute 

IHRSA Institute classroomIHRSA offers a plenty of resources and events for anyone in the fitness industry. No matter what level you are at and what department you work in, there is a webinar, publication, education session at a convention, and research for everyone.

But for those looking to get to the next level in the fitness industry, there is the IHRSA Institute.

The Institute, on hiatus for four years, is back. It is scheduled for Aug. 5-8 at the Kenan-Flagler Business School on the University of North Carolina campus.

Read on to see who the Institute is suited for and what is offered.

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Thursday
Mar072013

Award recipients at IHRSA 2013 are well-deserving

Trina Gray of Bay Athletic Club received the Outstanding Community Service Award from IHRSA COO Anita Lawlor, last year in Los Angeles.While you are planning your schedule for the 32nd International Convention & Trade Show, March 19-22 at Mandalay Bay in Las Vegas, be sure to not forget to join us in honoring many deserving individuals, clubs and businesses in the industry.

Prior to three of the general session speakers IHRSA will present a total of five awards.

  • Franco’s Athletic Club will receive The Outstanding Community Service Award 
  • Radka Dopitova Willson will receive The Julie Main Woman Leader Scholarship 
  • Hoist Fitness Systems, Inc. will receive The Associate Member of the Year Award
  • Rick Caro will receive The Inaugural Lifetime Achievement Award
  • Zumba Fitness will receive The John McCarthy Industry Visionary Award  

For more, read on.

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