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Newsbeat Newsbeat
April.13.2011 FROM CLUBINDUSTRY.COM
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TSI Seeking Lenders for $350 Million Debt Facility
Cybex Plans Appeal This Month
If You Don't Do This, You May Not See Us Again
Fitness Equipment R&D Has Not Been Affected By the Recession, Manufacturers Say
Pool Operators Face ADA Deadline, Continued VGB Compliance Issues
Boston Kroc Membership Fees Questioned
Planet Fitness Corporate Clubs Go 24/7
YMCA to Manage Las Vegas Rec Center Hit by Recession
TRX Gets Investment from Private Equity Fund
Massachusetts Y Installs Green Energy System
Executive Insights: Millennium Partners Transforms Luxury Clubs into Lifestyle Brand
Step by Step: Boost Member Retention by Creating Habits
Three Cheers to the Industry’s Texas TV Trio
Arizona Governor Proposes Flab Fee
Facility News
Supplier News


News
TSI Seeking Lenders for $350 Million Debt Facility
Town Sports International (TSI) has called on two investment banks, Deutsche Bank Securities Inc. and KeyBanc Capital Markets Inc., to search for debt institutions that will provide a new $350 million senior secured credit facility.
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Cybex Plans Appeal This Month
As Cybex International celebrates higher revenue in first quarter 2011, the company awaits word on whether banks will put up money to cover a bond the company needs to stay the execution of its liability suit payment before its appeal can be filed in appellate court later this month.
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If You Don't Do This, You May Not See Us Again
Want to make sure you continue to receive Newsbeat every week? Then please add our new sending domain to your e-mail contacts or safe sender list to make sure our e-newsletter still gets through to you when we move to our new e-mail server later this month. The new “from” address will be: newsletter.clubindustry.com. Click here for instructions. If you receive Newsbeat at work, ask your IT department to whitelist the IP addresses 204.92.31.10 -- 12. We have no idea what that means either, but your IT people will.

Fitness Equipment R&D Has Not Been Affected By the Recession, Manufacturers Say
Many of the products presented at the International Health, Racquet and Sportsclub Association trade show last month in San Francisco were upgrades of existing products, but some new products were introduced. That may have surprised some people, considering the state of the economy during the past few years and speculation that manufacturers had cut back on research and development.
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Pool Operators Face ADA Deadline, Continued VGB Compliance Issues
Just two years after updating their pool drains to comply with the Virginia Graeme Baker Pool & Spa Safety Act, operators of public pools must be prepared to comply with the new Americans with Disabilities Act Standards for Accessible Design.
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Boston Kroc Membership Fees Questioned
The Salvation Army Ray and Joan Kroc Corps Community Center in Boston just celebrated its grand opening last week in Boston but is already drawing criticism regarding its membership fees.
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Planet Fitness Corporate Clubs Go 24/7
Planet Fitness has extended hours at its corporate-owned clubs in New Hampshire to 24 hours a day, seven days a week.
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YMCA to Manage Las Vegas Rec Center Hit by Recession
The YMCA of Southern Nevada has been awarded the contract to operate a new $18 million recreation center by the City of North Las Vegas.
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TRX Gets Investment from Private Equity Fund
Castanea Partners has purchased a minority interest in TRX, formerly known as Fitness Anywhere, San Francisco.
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Massachusetts Y Installs Green Energy System
The Sterling Center Y in Beverly, MA, has joined the growing number of fitness facilities that are switching to environmentally friendly utilities services.
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Executive Insights: Millennium Partners Transforms Luxury Clubs into Lifestyle Brand
Smaiyra Million, CEO of Millennium Partners, which owns six Sports Club/LA locations, plans to grow her company in the high-end club market rather than opening a low-price club option to compete on price. See what else she has in store in this online-only interview.
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Step by Step: Boost Member Retention by Creating Habits
To retain members, your club needs to ensure that exercise is a part of your members’ daily lives. Nalisha Patel shares some questions you should ask members to help them make exercise a habit.
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From the Blog
Three Cheers to the Industry’s Texas TV Trio
Curves, Anytime Fitness and Kelli Calabrese all have something in common: They all have ties to TV shows, they all have ties to Texas and they all have shined a positive spotlight on the industry.
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Arizona Governor Proposes Flab Fee
The governor of Arizona, Jan Brewer, has a plan to save her state money and decrease her state’s deficit. She is proposing a fee for adults who do not make healthy lifestyle choices. Under Brewer’s plan, unmarried, childless Medicaid recipients who are obese, diabetic or are smokers would have to pay $50 per year if they do not work with their physicians to lose weight or quit smoking.
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In Brief
Facility News
  • A former Lifestyle Family Fitness trainer who was arrested in January after a steroid bust faces more steroid-related charges, according to The Marco (FL) News. After receiving results from the Florida Department of Law Enforcement, which identified several steroids seized earlier this year, Collier County (FL) Sheriff’s detectives charged Nicholas Munson Troemner with possession of anabolic steroids with intent to sell and eight counts of possession of anabolic steroids, the newspaper reported.
  • The former manager of the Jackson Hole (WY) Athletic Club allegedly stole more than $5,500 from the club, the Jackson Hole News and Guide reported. Chuck Lakovitch is scheduled to appear in court on April 21 to face one felony and three misdemeanor charges. An accountant hired by the club identified more than $25,000 worth of misappropriated transactions, and police identified about $5,500 in allegedly criminal transactions, the newspaper reported. “We were bled to death. We didn’t know he was doing this,” former club owner Cy Richard told the newspaper. “It made us feel really bad because we had this business for 20 years, and he buried us.”
  • A woman was arrested after she was accused of keeping more than $2,800 that fitness club members paid for day care, the Johnson City (TN) Press reported. Police said that Joanna Lynn Ricker, who was charged with theft of more than $1,000, was the only person who managed the money at the day care center inside Tri Cities Lifestyles Center in Johnson City. Ricker, police said, manipulated financial records and completed transactions without the club owner’s knowledge or consent, the newspaper reported.
  • Sky Fitness and Wellbeing, Tulsa, OK, plans to open a second club in the city this fall. At 40,200 square feet, the $3.9 million facility will be similar in size, amenities and programming to the original Sky location, which celebrates its fifth anniversary this year.
  • Supplier News
  • Zoom Media and Marketing, New York, has released its FlexCast content management digital media interface in 3,000 health clubs worldwide through the company’s ClubCom division, following its official release at last month’s International Health, Racquet and Sportsclub Association show in San Francisco. FlexCast allows operators to customize the audio-visual entertainment in their clubs to include information about programming, promotions and other club communications.
  • President George H.W. Bush is encouraging Americans to participate in Pushups for Charity, a fitness challenge that raises money for the Wounded Warrior Project, which benefits injured U.S. service men and women. The event, which was created by fitness business development company NPE, Orlando, FL, as a way for club owners to reach out to their communities, raised $250,000 last year.
  • Med-Fit Systems Inc., Fallbrook, CA, has released a mobile application called Nautilus Quickfit. The app offers training programs that can be used in sync with Nautilus equipment and is aimed at older users. The app is available for the iPhone and iPod through the Apple iTunes store. A second release, which will allow users to “unlock” new programs as they make progress, is planned for this summer.
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