Life Time revenues up 38% as fitness centers rebound
March 9, 2023
Most of Life Time’s business — 97% — comes from its 171 large format fitness centers in the U.S. and Canada. However, Life Time’s remaining revenue of $53 million came from cycling and running events as well as some other miscellaneous sources. Revenues in the “other” category was up 69% from 2021, when some events were not held and participation at others was hampered by COVID. Other income was up 188% from 2020 when most events were canceled. Bicycle Retailer