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Global financial overview on offer at IHRSA


European CEOs, CFOs, club owners, general managers, investors, suppliers, press – and all who are interested in the current economic conditions affecting the worldwide health club market – should not miss the 18th Annual IHRSA Financial Panel: An In-Depth Review of the Industry’s Growth Factors & Financial Sectors. The session will take place on Friday 14


March during IHRSA 2014 – IHRSA’s 33rd Annual Convention & Trade Show in San Diego, California, USA. All of the presenters on the panel have


been involved in at least one major health club transaction within the past year, and will provide a unique viewpoint on the financial factors that influence our industry. Last year, presenters noted the continued segmentation of the club industry, as well as the continued expansion of franchising. Attendees at this year’s session will gain


an insight into the industry’s strengths and weaknesses, how the panel see future trends, how our industry compares to analogous industries, how different segments within the industry are faring, and how the current debt and equity markets are behaving relative to our industry. The 2014 panel will include Pierre


LeComte, MD of TSG Consumer Partners; Sean Naughton, senior research analyst at Piper Jaffray; Nathan Chandrasekaran, principal at TZP Group; and Ben Chapin,


Events diary Visit www.ihrsa.org/calendar


12–15 March 2014 IHRSA 2014: The Annual International Convention and Trade Show – San Diego, California, US


5–8 August 2014 The IHRSA Institute: Executive Education for Club Professionals – Chapel Hill, North Carolina, US


28–30 August 2014 15th Annual IHRSA / Fitness Brasil Latin American Conference & Trade Show – São Paulo, Brazil


16–19 October 2014 14th Annual IHRSA European Congress – Amsterdam, The Netherlands


March 2014 © Cybertrek 2014 Rick Caro will moderate the Financial Panel


vice president at GE Antares Capital. Rick Caro, a 40-year industry veteran and president of Management Vision – a consulting firm specialising in the health club industry – will once again moderate this annual convention highlight. Caro, an IHRSA founder and past board president, received the inaugural IHRSA Lifetime Achievement Award in March 2013.


Overweight? You could go deaf


Being overweight can increase your risk of going deaf, researchers at Brigham and Women’s Hospital in Boston, US, have found. In a 20-year study of nearly 70,000 women,


those who gained the most weight were more likely to lose their hearing and the researchers say the findings apply equally to men. T e risks of obesity were evident even when researchers took account of other factors known to aff ect hearing, such as smoking. Until now it was thought the only way to


slow age-related deafness was to protect the ears against loud noise. However, the study also found regular physical activity, such as walking at least two hours a week, could reduce the risk of hearing loss by around 15 per cent. It’s not clear exactly how being overweight damages delicate cells in the ear. But the researchers suggested fatty deposits could clog up blood vessels in the ear.


The 2014 IHRSA Global Report will be published in June. The company profiles section of this comprehensive annual report highlights approximately 300 leading club companies from around the world, including financial and membership information. To submit your health club company for possible inclusion in the report, complete IHRSA’s 2014 global survey by the 21 March deadline. Eligible survey participants will receive a complimentary PDF of the final publication. Visit www.ihrsa.org/research for details. Questions? Contact research@ihrsa.org


Want to be a speaker at IHRSA 2015?


It may still be a full year away, but plans are already well underway for IHRSA’s 34th Annual International Convention & Trade Show, to be held on 11–14 March 2015 in Los Angeles, California. Would you like to present one or


more educational sessions to attendees during IHRSA 2015? If so, you will need to complete the application that can be found at www.ihrsa.org/speaker- application. The deadline is 31 May. Please contact education@ihrsa.org with any questions.


About IHRSA


Founded in 1981, the International Health, Racquet & Sportsclub Association is the only global trade association, representing more than 10,000 health and fitness facilities and suppliers worldwide. To learn how IHRSA can help your


business, visit www.ihrsa.org Locate a quality IHRSA club at www.healthclubs.com


Read Health Club Management online at healthclubmanagement.co.uk/digital 25


Deadline looms for 2014 IHRSA Global Survey


www.healthclubmanagement.co.uk


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