24 Hour Fitness Successfully Emerges from Financial Restructuring
On December 30, 2020, 24 Hour Fitness successfully emerged from the chapter 11 process. Our financial restructuring is now complete, and we are excited to be moving into 2021 as a strong and forward-looking company.
With a leaner balance sheet, optimized cost structure, and significantly reduced debt, we are now able to focus squarely on our mission to transform lives every day through fitness.
As a fitness industry leader, 24 Hour Fitness has built a brand designed for everyone – whether exploring the gym for the first time or experienced at setting and smashing through fitness goals. Our passionate professionals and engaged club communities are here to accompany our members on their journey regardless of their fitness level. At a time when access to fitness is more important than ever, members will continue to be able to use any open 24 Hour Fitness club, regardless of membership level, through March 2021.
As a reminder, we have reimagined the club experience and continue to strictly follow local and state government and public health agency guidelines to ensure the safety of our team and club members; you can learn more about the club environment here.
While we reopen clubs, all members will have access to any available 24 Hour Fitness club through March of 2021, regardless of membership level. For updates and further news about our phased club reopenings and locations, please visit us at here.
We remain deeply grateful for your continued loyalty to 24 Hour Fitness. We are excited to continue supporting you along your fitness journey well into the future.