Life Time Fitness CEO says gyms could see 'small degradation' as more people workout from home

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Life Time Fitness CEO Bahram Akradi on Thursday said that the gym industry could see a 'small degradation' as more people opt for at-home workouts.

Akradi said that while more of the company's members had to break a sweat at home during the coronavirus outbreak, they seem even "more determined" to return to the clubs and join their communities as states begin to reopen.

"It's like music, you can listen to any song for free on some app or something, but people still pay a large amount of money to go to a live entertainment," Akradi said. Life Time Fitness has worked closely with local governments to reopen their gyms safely, Akradi said. He said the company will work with the government every way they can in states where coronavirus cases are surging.

 

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johnscharts $pton

Maybe they should invest in UV lighting in the HVAC with all the money you rake in instead of bringing in more air from the outside. The emails they send about how they are leaps and bounds ahead. SMH

Hahaha, I won't be going back to LifeTime_Life. They opened the pools here in New York and charged the full gym rate. Highway robbery. And they want trainers to clean AND train full time? No way. I've seen how that goes. Bye Bye LifeTime!

I don't know why ANYONE would want to go to a gym right now

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