Tag

#Luxury Fitness

2 articles

Finance

$10 Trillion Wellness Boom Fuels Luxury Fitness Chains

The wellness industry is surging towards a $10 trillion valuation, fueled by a post-pandemic demand for community and premium experiences. Luxury fitness chains like Equinox and Lifetime Fitness are capitalizing on the 'third place' concept, with Lifetime Fitness's stock price more than doubling since October 2023.

1 month ago
Finance

Wellness Clubs Tap $10 Trillion Market, Offer ‘Third Place’ Haven

The wellness industry is booming towards a $10 trillion valuation, with luxury clubs like Bathhouse and Othership emerging as vital 'third places' for community and connection. Despite high price tags, consumer demand for these premium, alcohol-free social experiences is growing, mirroring the success of high-end fitness chains and signaling a significant market opportunity.

2 months ago