Penton’s Club Industry Releases Industry Intelligence: “The Future of Fitness: A Market Overview 2012-2013″
Showcases Economic and Industry Trends Changing the Fitness Facility Industry in 2013
NEW YORK, March 19, 2013 /PRNewswire/ — The recovering economy, a rising obesity rate, small group training facilities, low-priced facilities and the Affordable Care Act are among the major market influences detailed in “The Future of Fitness: A Market Overview 2012-2013,” an industry benchmark report released today by Penton’s Club Industry, the leading source for fitness business professionals in the United States.
The report is the latest in a series of benchmark reports from Penton, including the EquipmentWatch “Heavy Equipment Auction Market Trending” report and the “Advisor Trend Monitor Research Series” from wealthmanagement.com and FUSE Research Network.
The Club Industry report includes data from a survey of facility operators about what they expected to happen in 2012, as well as 2013 forecasts from interviews with a experts and operators in a variety of industry segments, including: commercial clubs, nonprofits (YMCAs, Jewish Community Centers, Kroc Centers), corporate fitness, medical wellness, university recreation centers, military, parks and recreation, hotel, residential and member-owned.
The economic and industry factors detailed have led to a growing number of acquisitions within the commercial club market, as financially solid operators seek to expand their bases. However, the Affordable Care Act and rising health care costs have caused a change in the corporate and medical wellness markets with a greater emphasis on illness prevention and rewarding employees who take steps to improve their health, such as joining a fitness center.
“As the fitness industry is on the front lines in helping the nation battle the obesity epidemic, it faces other challenges — as well as opportunities,” said Pamela Kufahl, editor-in-chief, Club Industry. “This report will help club operators as well as those interested in investing in this important and expanding industry, navigate this dynamic marketplace with more confidence.”
For a full copy of this report, which is $349, as well as other reports from Club Industry, go to: http://clubindustry.com/expert-advice/club-industry-reports
About Club Industry
Club Industry is a Penton Media trade publication for top-level executives and managers at commercial, nonprofit, university, corporate, medical, government and military, hotel, residential and member-owned fitness centers. The news and trends publication features a website, e-newsletter, monthly print and digital magazine, as well as a trade show, which will be held Oct. 23-25, 2013, in Chicago. Visit us online at www.clubindustry.com or www.clubindustryshow.com.
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