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UPFRONT» Happenings SUPPLIER NEWS LIFE TIME FITNESS RELEASES 2013 FINANCIAL RESULTS


or the third consecutive year, Life Time Fitness, Inc. has surpassed the


$1-billion revenue mark, according to financial results released in February for the fourth quarter and full year ended December 31, 2013. Fourth quarter 2013 revenue grew


5.7% to $291 million from $275.3 mil- lion during the same period last year. Revenue for the full year grew 7.0% to $1.206 billion from $1.127 billion dur- ing the same period last year. Net income for the quarter was $26.0 million, compared to net income of $23.4 mil-


lion, for 4Q 2012. Net income for the full year was $121.7 million, compared to net in- come of $111.5 million, for the prior-year period. Total memberships were 789,490 on Dec. 31, 2013, a 0.3 percent increase from


787,003 on Dec. 31, 2012. “2013 served as an important transition year for our company,” said Bahram Akradi,


chairman, president and chief executive officer. “We continued to differentiate Life Time in keeping with our strategy to operate a high barrier to entry business model in what is a low barrier to entry industry. We also concentrated on further aligning our company for higher growth in 2014 and beyond by ensuring our businesses operate in highly synergis- tic fashion and our comprehensive array of healthy way of life programs and services are optimized to deliver tremendous value for communities, organizations and individuals.” In 2014, plans call for six new centre openings in existing and new markets. Life Time Fitness operates one facility in Canada located in Mississauga, Ontario.


Introducing TRIBE


Team Training™ TRIBE Team Training, a small group personal training program from New Zealand, is coming to Canada. The turnkey standalone profit centre for clubs and studios provides members with motivation and support and is backed with a trainer certification and comprehensive marketing and man- agement support. Seven seasons of programs are developed and released each year so participants never repeat the same workout twice. The pro- grams are supported by the latest mu- sic ensuring participants get nothing but the best team training experience and care available. For more informa- tion, visit www.tribeteamtraining.com.


EVENTS


CALA "Jump for Joy" Spring Conference March 21, 22 & 23, 2014 Kitchener, Ontario


Highlights: • Earn canfitpro, CALA, OFC, BCRPA, AFLCA, SPRA, YMCA, YWCA, NSFLA, CFES CECs by attending


• Healthy and delicious lunches and Friday evening dinner included in the price, prepared and served by a holistic nutritionist, on site.


• Experience An Introduction to Aqua Yoga OR HydroRider, our pre-confer- ence choices on Friday morning.


• Select workshops from a wide va- riety of choices (From Frail to High Energy to Aqua Latino to Aqua Personal Training)


• Accessible Trade Show


Visit www.calainc.org for more information or to register.


10 Fitness Business Canada March/April 2014


canfitpro Personal Training and Group Fitness Conferences Earn CECs, experience new programming from new and returning sponsors and take the opportunity to renew your CPR Level A and AED at canfitpro Personal Training and Group Fitness Conferences across the country.


Edmonton, AB – April 10-13, 2014 University of Alberta – Lister Centre


Halifax, NS – May 22-25, 2014 World Trade Convention Centre


Saskatoon, SK – May 29-June 1, 2014 Ramada Hotel Saskatoon


Winnipeg, MB – June 12-15, 2014 Victoria Inn Hotel & Convention Centre


Visit canfitpro.com for more details.


CPTN Dare to Be Excellent! 2014 Conference May 29-31st, 2014 Japanese Canadian Cultural Centre Toronto, ON


For: • Personal Trainers • Strength Coaches


• Kinesiologists • Post Rehab Specialists


Feature Topics: • Rockfit Performance Movement Taping Clinic


• Working with Clients with Disabilities


• Assessment Tips and Tricks for the Pelivis


• Tabata Training • Unmasking Superfoods • Benefits of Physical Activity and Aging Well


• Fascial Posture Training


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