I’ve always had a love-hate relationship with them. Not the best gym on the circuit but they have had a tough go during this unnecessary lockdown. It looks like they are closing several units in Houston. Totally disastrous. And it’s going to leave shells in these shopping centers where they were the anchors.
Golds Gym filed for bankruptcy as well. I am not smart enough to figure out the trends in the fitness industry. At first glance you would think that big box fitness is a dinosaur and is dying. However, Planet Fitness, to the best of my knowledge seems to be ok.
People are moving to Lifetime but 24-hour offered convenience for Houston because you could literally stop and workout in any neighborhood in Houston for roughly $30 a month.
I worry more about the residue left behind in these shopping areas.