Sep 6, 2026 · 42 min · 11 segments
Welcome to another episode of LIFTS, where we explore the future of fitness, wellness and human performance. In this episode, hosts Matthew Januszek and Mohammed Iqbal visit Life Fitness and Hammer…
Dan WilleGuest
Andrew MahadevanGuest
Matthew JanuszekHost
Mohammed IqbalHost
We are in a period of change, and I appreciate no one's got a crystal ball, but I just want to get your perspective, and I'll start with you first, Andrew.

What do you think the fitness industry is likely to look like five years from now that will be materially different for today? And it could be two things.

It could be some of the channels that certainly in the US we're seeing one of the biggest challenges to the health clubs is on the multifamily side and what are some of the developers are doing with these amazing facilities, hospitality as well.

So what would you say the industry will look different, materially different in five years from now?

I think back 20 years ago when we were all working out and it was like the garage gym, dirty floors.

And I know that's not what they're trying to say, but I don't think it's a K-shape.

I think it's a migration of HVLP operators to providing much more value for the dollar.

So I see those gyms that just don't have a clear value proposition falling by the wayside.

I would say from a brand perspective, five, 10 years from now, I think there's going to be a major shift in brand footprint in a state size.

And just if you think about the top 20 global key accounts, I bet you if you look at it today and you look at it in 10 years, it's going to be completely different.

I think those operators that can really clearly define their value propositions are going to rise to the top.

The last thing I would say is verticals are an incredibly important portion of our business, multifamily, hospitality, corporate.

We are in a period of change, and I appreciate no one's got a crystal ball, but I just want to get your perspective, and I'll start with you first, Andrew.

What do you think the fitness industry is likely to look like five years from now that will be materially different for today? And it could be two things.

It could be some of the channels that certainly in the US we're seeing one of the biggest challenges to the health clubs is on the multifamily side and what are some of the developers are doing with these amazing facilities, hospitality as well.

So what would you say the industry will look different, materially different in five years from now?

I think back 20 years ago when we were all working out and it was like the garage gym, dirty floors.

And I know that's not what they're trying to say, but I don't think it's a K-shape.

I think it's a migration of HVLP operators to providing much more value for the dollar.

So I see those gyms that just don't have a clear value proposition falling by the wayside.

I would say from a brand perspective, five, 10 years from now, I think there's going to be a major shift in brand footprint in a state size.

And just if you think about the top 20 global key accounts, I bet you if you look at it today and you look at it in 10 years, it's going to be completely different.

I think those operators that can really clearly define their value propositions are going to rise to the top.

The last thing I would say is verticals are an incredibly important portion of our business, multifamily, hospitality, corporate.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.