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Leading international fitness clubs spent an average of US$90,000 on equipment in 2015

Leading international fitness clubs spent an average of US$90,000 on equipment in 2015
July 4, 2016

A new report from the International Health, Racquet & Sportsclub Association (IHRSA) shows that fitness clubs reported spending an average of US$84,000 (AU$112,000) on fitness equipment in 2015 with top performing clubs spending an average of $90,000 (AU$120,000).

The IHRSA Health Club Equipment Report: Spending, Utilization & Programming Trends, sponsored by Precor, showed equipment spending across a range of responding clubs, with top performing (and spending) clubs achieving an annual revenue growth of 10.2%, in comparison with 3.8% for the overall sample.

The IHRSA report provides insights on health club equipment practices, including space allocation, spending trends, and utilisation in training programs. Based on data gathered from more than 400 health and fitness facilities, the publication contains the most recent and complete equipment data in the club industry.

IHRSA’s Executive Vice President of Global Products, Jay Ablondi explains “the IHRSA Health Club Equipment Report provides club owners with vital information needed in order to understand health club equipment practices.

“The technological innovation and quality of health club equipment plays a significant role in attracting and retaining members and helping them achieve their fitness goals. This one-of a-kind report is a valuable reference for club operators to compare their spending practices, purchasing considerations, and programming trends against their peers.”

The publication is organised into four sections:

• Executive Summary: a comprehensive overview of space and spending allocation, purchasing objectives, cardio & strength units in operation, training programs & health club equipment, and functional training accessories; 
• Dashboards: an analysis of performance indicators and equipment practices by club type, size, and profitability; 
• Infographic Insights: infographics with popular equipment trends, including member utilization levels; 
• Detailed Results: nearly 100 pages worth of results with in-depth breakouts for cardio, strength, and functional training facilities & equipment as well as personal & small group training programs & health club equipment. 

Precor Chief Executive and President Rob Barker added “the IHRSA Health Club Equipment Report is designed to help familiarise club managers with major transformational trends and includes insights from real-world club owners

“The club industry is constantly shifting as facility operators aim to attract new members, retain current members, and build business. In light of the changing fitness industry, it is important for operators to stay informed on the latest trends.”

The IHRSA Health Club Equipment Reportis available in PDF format (148 pages) at www.ihrsa.org/research-reports

Images: Technogym's Skillmill (top) and Calgym's Press (below).

26th May 2016 - IHRSA REPORTS ONGOING GROWTH IN GLOBAL FITNESS INDUSTRY

5th February 2016 - PRECOR AND SPINNING SET TO REVEAL NEW INDOOR SPINNER CYCLE

4th February 2016 - IHRSA RELEASES NEW FITNESS CLUB RESOURCES

27th October 2015 - GLOBAL FITNESS CLUB REVENUES CONTINUE TO RISE

30th August 2015 - LATEST IHRSA MEMBER RETENTION REPORT EXAMINES LIKELY FITNESS CLUB PROMOTERS AND DETRACTORS

9th June 2015 - GLOBAL FITNESS CLUB INCOME REACHES US$84 BILLION 


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Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

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