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☆ Ozempic is coming for gyms. Here’s how they’re responding
▼ + stars: | 2024-03-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

New York CNN —America’s gyms are adjusting their strategies as more of their members take weight loss drugs. JPMorgan researchers estimate that 30 million people may be taking GLP-1 drugs by 2030, or around 9% of the US population. For now, GLP-1 medications are prohibitively expensive for most Americans, costing about $1,000 or more a month. (Ozempic has not been approved for weight loss by regulators, though Wegovy, a similar drug, has.) It also made a $100 million-plus deal to buy Sequence, a telehealth business that offers virtual prescriptions to patients for these weight loss drugs where appropriate.

Persons: ”, Simeon Siegel, Bahram Akradi, “, Amanda Edwards, ” Siegel, Rick Caro, Jaap Arriens, WeightWatchers Organizations: New, New York CNN, Boomers, JPMorgan, Fitness, BMO Capital Markets, Management, Industries Locations: New York, Ozempic, Barre, Southern California

☆ I spent $150 on a 30-minute 'power nap' designed to improve my health
▼ + stars: | 2024-02-27 | by ( Molly O'Brien | ) www.businessinsider.com time to read: +4 min

Read previewI recently visited the Fairmont Century Plaza's 14,000-square-foot spa and well-being center in Los Angeles to experience a 30-minute "power nap" biohacking treatment. Put simply, biohacking is using methods from scientific fields like biology and neurology to enhance one's health and well-being. This power nap would involve making a series of incremental changes to my body that, according to the spa's site, could either help me feel more relaxed or more energized. I paid $150 for my 30-minute "power nap" session, which is also offered in increments of 60 and 90 minutes for an additional cost. AdvertisementThe spa felt relaxing and the treatment was, tooMolly O'BrienBefore my power nap, I felt tired and worn down.

Persons: —, Molly O'Brien, haven't Organizations: Service, Business, Beverly Locations: Los Angeles, LA

☆ ‘Scandals and secrets’: On board the world’s most exclusive private residential ship
▼ + stars: | 2024-02-24 | by ( Francesca Street | ) edition.cnn.com time to read: +15 min

Welcome to The World, an exclusive private residential ship home to 165 superluxe apartments. Antonucci’s children were in their early 20s during his stint as a World resident, but they came and visited their parents on board from time to time. Unlike on an ordinary cruise ship, residents are able to make renovations and decorate according to personal tastes. Peter AntonucciFor many residents, the social life on board The World is also a big part of the appeal. The World’s owners also chose not to respond to Antonucci’s account of life on board.

Persons: CNN —, – you’ve, “ I’m, Peter Antonucci, you’ve, Antonucci, he’d, ”, he's, Peter Antonucci Antonucci, “, Antonucci didn’t, they’d, Antonucci can’t, ” Antonucci, –, aren’t, “ They’re, I’ve, ’ Antonucci, There’s, carousing ”, wasn’t, I’d, ‘, Antonucci “, he’s Organizations: CNN, HBO, CNN Travel, “, Street, Wimbledon, ” Locations: Antonucci, Belize, Panama, New York, Europe, Maldives, Seychelles, Australia, New Zealand, London, Rio de Janeiro, Florida, Solomon Islands, South Africa

☆ 5 hotel perks that make work trips both fun and productive for business travelers
▼ + stars: | 2024-02-15 | by ( Mariette Williams | ) www.businessinsider.com time to read: +8 min

Strong WiFi, a business center, and food service are some of the recommended perks. This article is part of "Business Travel Playbook," a series about making the most of work travel. Business travel slowed significantly when the pandemic hit in 2020, but it's rebounding. Last year, the Global Business Travel Association predicted global business-travel spending would reach $1.4 trillion in 2024 . She makes a point to explore a destination on each business trip, she said — even if she's been there before.

Persons: —, Karen Mitchell, Jen Catto, Jill Johnson, Johnson, Samantha Drucker, Catto, Mitchell, Drucker, she's Organizations: Service, Global Business Travel Association, Business, Institute for Entrepreneurial Leadership, Puget Sound Locations: New York, Florida, New Delhi, India, Oakland , California, Seattle

☆ Student Housing Has a New Mantra: Bigger Is Better
▼ + stars: | 2024-02-13 | by ( Kevin Williams | ) www.nytimes.com time to read: +1 min

When the Standard, an off-campus student housing complex, opened in the fall in Bloomington, Ind., welcoming its first batch of residents, it had a decidedly resort vibe. Along with the requisite pool and fitness centers, it enticed students with two pickleball courts, a dog park and a motion sports simulator. The arms race over amenities in student housing is nothing new, but what is striking about the Standard is its size: 1,000 beds, about twice the size of a typical dorm. In fact, the Standard could house 3 percent of Indiana University’s 34,000-plus undergraduates. Off-campus student housing complexes across the country are getting larger, some home to more than 1,500 students, and they are being built on prime parcels as close to campus as possible, as developers seek to better manage their bottom line.

Persons: ”, Wesley Rogers Organizations: Landmark Properties Locations: Bloomington, Ind, Indiana

☆ I went on a 22-day Holland America cruise that cost just $144 a day
▼ + stars: | 2024-02-02 | by ( Erin Yarnall | ) www.businessinsider.com time to read: +5 min

I spent 22 days on a Holland America cruise and saw places like Antarctica and Chile. The cruise cost me $144 a day, and is one of the more cost-effective ways to see Antarctica. I went with family members and we paid $3,175 a person, which is about $144 a day. Erin YarnallI never thought any sort of trip to Antarctica would be in my budget, let alone a cruise. Once on board, though, I was very impressed with the ship's fitness center.

Persons: —, — I've, I'd, Holland America's Oosterdam, Erin Yarnall, frita, Cape Horn Organizations: Service, gentoo Locations: Holland America, Antarctica, Chile, Santiago, South America, Holland, Antarctica Antarctica, Falkland, empanadas, Cape

☆ I've stayed at the cheapest hotels Disney World and Universal Orlando have to offer. Only one blew me away.
▼ + stars: | 2023-11-29 | by ( Amanda Krause | ) www.businessinsider.com time to read: +5 min

I stayed at the cheapest hotels onsite at Disney World and Universal Orlando earlier this year. That's what I thought until one trip to a Universal Orlando value hotel. While Disney World is home to princesses, Star Wars characters, Marvel superheroes, and Pixar cartoons, Universal Orlando boasts Harry Potter, Minions, and Transformers. Abigail Nilsson/Getty ImagesWhere Universal may have Disney beat: value hotel roomsI've stayed at Disney World's value resorts on multiple occasions throughout my life. I love staying at Disney World's value resorts overall, but based on this experience, I think Universal Orlando offers better rooms.

Persons: —, I've, you'll, Marvel, Harry Potter, Abigail Nilsson, Amanda Krause, I'm Organizations: Disney World, Universal Orlando, Universal, Service, Disney, Sports, Hollywood Studios, Magic, Universal Studios, Wars, Pixar, Star Resorts Locations: Orlando , Florida, Universal Orlando, Magic Kingdom, Animal Kingdom, EPCOT

☆ From a homeless shelter to saving six figures and buying her first home: A 34-year-old opens up about her struggles with money and the 5 adjustments that changed her finances
▼ + stars: | 2023-11-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

Ojekunle's debit card, which was linked to her parents' bank account, was declined after she attempted to pay for a few items at the grocery store. "That's like life-changing money," Ojekunle said. Becoming a big saverA big part of financial stability is psychological, and financial trauma is real, she noted. As she got into the habit of saving, she began transferring money directly to the account. According to a screenshot of her bank account viewed by Insider, she was also able to save over six figures before purchasing her home.

Persons: Niké Ojekunle, Ojekunle, I'm, Barnes, Noble, Rich Dad Poor Dad, spender, TikTok, lockdowns, I've Organizations: Business, Nissan, Apparel, Hyundai, Adidas, Food, Costco Locations: Los Angeles, Florida

☆ The 'Ozempic effect' is weighing on gym stocks. But it could turn out to be a boom for the industry
▼ + stars: | 2023-11-16 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Will gym stocks be hurt by an "Ozempic effect" similar to the blow that has rocked the medical device and food sector? Stock in Planet Fitness has slipped more than 16% from the start of the year, while Life Time has added roughly 20%. Planet Fitness sunk to a 52-week low in September after the company's board ousted Chris Rondeau as chief executive officer . PLNT YTD mountain Planet Fitness stock. At Life Time, anti-obesity medication is being incorporated into the weight loss programs it offers to members.

Persons: Simeon Siegel, it's, Jefferies, Chris Rondeau, Bahram Akradi, Warren Cheng, PLNT, Cheng, Jeff Zwiefel, Alexander Perry's, Perry, Curtis Harman, Harman, It's, Piper Sandler, Korinne Wolfmeyer, Wolfmeyer Organizations: BMO Capital Markets, ISI, Bank of America, GLP, Wellness, CNBC, Holdings, Nordisk's Ozempic

That was the vision of Joan Kroc, billionaire philanthropist and heiress to the McDonald’s fortune of her husband, Ray. And today, 20 years later, 26 grand, state-of-the-art Kroc centers have opened in places as varied as Ashland, Ohio; Guayama, Puerto Rico; and Quincy, Illinois. Half was to be earmarked for the construction of recreation centers, with the other half deposited into endowments to support them. In the two decades since Kroc’s bequest, quantifying the precise impact on all of the communities served by the Kroc centers is difficult. She explained that Joan Kroc meant for the place to be accessible to all — that beauty was part of her plan.

Persons: Joan Kroc, Ray, Army didn’t, Joan Kroc’s, MacKenzie Scott, Kroc, revved, she’d, Ronald McDonald, MacKenzie, Phil Buchanan, Scott, ”, “, that’s, Angelia Grandberry, Grandberry, Lisa Napoli, Joan Organizations: Salvation Army, Phoenix Kroc, Army, baseball’s San Diego Padres, San, National Hockey League, Catholic, Notre Dame, University of San, Ronald McDonald House Charities, National Public Radio, Center, Coast Kroc, Associated Press Locations: Ashland , Ohio, Puerto Rico, Quincy , Illinois, Boston, Augusta , Georgia, San Francisco, U.S, Southern California, baseball’s, St, Paul , Minnesota, San Diego, University of San Diego, Biloxi , Mississippi

☆ The Youngest Senior
▼ + stars: | 2023-11-03 | by ( Debra Kamin | More About Debra Kamin | ) www.nytimes.com time to read: +1 min

When residents at Sun City Center, a sprawling retirement community in West Central Florida, struggle with their electronics, many of them now know who to call on: Maria Hodge, one of their newest residents, and also one of their youngest. Since moving to this 55-plus community last year, Ms. Hodge, 59, has become a fixture among the nearly 11,500 residents, where the average age is 79. She serves as secretary of the synchronized swim team. “We have people here who still have what we call the dino-phone,” she said. And most of the women on my swim team are challenged when it comes to electronics.”

Persons: Maria Hodge, Hodge, dino, ”, “ Organizations: Sun City Center, EMT Locations: West Central Florida

☆ Life Time stock plummets as company spends more on premium fitness experience
▼ + stars: | 2023-10-25 | by ( Brandon Gomez | ) www.cnbc.com time to read: +1 min

Life Time Group shares plummeted 15% Wednesday after the company's third-quarter results revealed higher spending to boost the premium member experience. The cost of running its fitness centers, including new and ramping locations, rose 8.2% year over year during the quarter to $319.4 million, the company said. The program changes are an attempt to keep Life Time's affluent customer base satisfied as prices rise across the board and many consumers increasingly value premium offerings. Life Time increased its prices at many of its locations in recent years, though pricing varies by market. "We aren't taking advantage of all the different connections we have and all the different programs we have, so there is essential work being done to systematize all of that."

Persons: Bahram Akradi, —, Akradi Organizations: Time Group, Lifetime

☆ Golf simulators, doggy daycare, flexible leases, and free rent: Why now may be the best time to shop for a new office
▼ + stars: | 2023-10-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Now may be the time to shop for an office lease. As office vacancies soar to record highs in some markets, office landlords often have no choice but to find new and creative ways to attract new clients. "When you have 55-year-old managing partners of a law firm looking for office space, and they see the golf simulator, they get pretty excited," he said. Long-term leases, which usually feature landlord-financed renovations to the office space, are now being offered with lease-termination options. Office landlords without access to this capital level are often left with only one lever: renting below market price.

Persons: Michael Cohen, Michael Lirtzman, Anthony Tahlier, Andrew Lustgarten, Lirtzman, Sterling, Lustgarten, it's, Matt Petit, Goldman Sachs, Risa Letowsky, Letowsky, Watts, Tishman Speyer, aren't, That's, Cohen, they've, he's, hasn't Organizations: Colliers, Kastle Systems, West Chicago, Sterling Bay's, Century, El, New, Palm, Chase, Wall, JPMorgan, Deutsche Bank, Adler, Stachenfeld, Silverstein, Lawyer Locations: Chicago, Bian, Sterling, Los Angeles, New York, Miami, Liberty, Chase Manhattan, Alamo, CBRE, Los Angeles and New York, LA, United States

☆ Here's a 5-step guide for frequent business travelers to unlock productive and stress-free trips
▼ + stars: | 2023-10-13 | by ( Sponsor Post | Created Insider Studios With Ihg | ) www.businessinsider.com time to read: +6 min

Consider this guide your roadmap for transforming your next business trip into a stress-free and enjoyable experience. Over 5,000 IHG hotels worldwide now offer Wi-Fi Auto Connect – an effortless way to automatically join the internet without separate login codes or passwords. Enrolling in IHG Business Rewards also earns frequent business travelers points every time you book accommodations, meetings, and events. Learn how IHG Hotels & Resorts can accommodate your next business trip. This post was created by Insider Studios with IHG Hotels & Resorts.

Persons: it's, shouldn't Organizations: JTB Business, Resorts, Insider Studios, IHG Hotels Locations: American, Lion City, Crowne, InterContinental

☆ Take a look inside Florida's new golf course that boasts a $1 million membership fee and private yacht club
▼ + stars: | 2023-10-07 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

South Florida is getting its first new private golf course in 25 years. The Shell Bay Club in Hallandale Beach will cost a staggering $1 million membership fee. But, it'll reportedly cost you a whopping $1 million membership fee to join. Curated by Witkoff Group and PPG Development, the luxury club will cost you a staggering $1 million membership fee, CNN reported. Take a look inside the upcoming luxury golf course below.

Persons: —, it'll Organizations: Shell Bay, Service, Shell Bay Club, Witkoff Group, PPG, CNN, Auberge Resorts Locations: Florida, Hallandale Beach, South Florida, Miami, Hallandale Beach , Florida

☆ ‘Extremely rare’ Roman temple discovered on supermarket building site
▼ + stars: | 2023-08-30 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +4 min

That’s because workers at the site on the outskirts of town in December 2022 unearthed the ruins of an ancient Roman temple — or ‘capitolium’ — dating back to the first century BC. The excavation site in Sarsini has yielded ruins on top of ruins, literally. MiBac“We have unearthed three separate rooms, likely dedicated to the triad of gods Jupiter, Juno and Minerva,” lead archaeologist at the excavation site Romina Pirraglia told CNN. The discovery of the temple has pushed local authorities to revise their building plans. “The temple is an incredible finding that sheds light on how ancient Roman towns rose and fell across time.”What makes the discovery exceptional is the temple’s unique state of preservation.

Persons: Plautus, Jupiter, Minerva, ”, Pirraglia, …, Sarsina, Federica Gonzato, ” Gonzato, Gonzato, Romina, MiBac Gonzato Organizations: CNN Locations: Italy’s Emilia Romagna, Roman, Sarsini, Savio, Ravenna, Rimini, Forlì, Cesena, Sarsina, Italy

☆ Zara's billionaire founder – one of the world's richest people – has just bought a $232 million luxury Chicago apartment tower
▼ + stars: | 2023-08-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Amancio Ortega has purchased a 45-story Chicago apartment tower. Ortega, founder of Zara parent company Inditex, splashed out $232 million on the property. Pontegadea, Ortega's family office, bought the 45-story 727 West Madison property, a company spokesperson told Insider. AdvertisementAdvertisementPrices start at $2,166 a month for a studio, rising to $6,083 for the most expensive apartment available, a three-bed. Ortega is the world's 14th richest person, with an estimated net worth of around $75.2 billion, the Bloomberg Billionaires Index shows.

Persons: Amancio Ortega, Ortega, there's, Charles Koch, Michael Dell, Walton, Inditex Organizations: Seattle HQ, Toronto's Royal Bank, Service, Madison, Chase Bank, Bloomberg, Pontegadea, Meta's Seattle, Royal Bank Plaza Locations: Chicago, Zara, Manhattan, Wall, Silicon, Cook County, Meta's, Toronto

☆ Peloton shares drop 25% after posting wider than expected loss, falling sales
▼ + stars: | 2023-08-23 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Peloton on Wednesday reported a wider than expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 25% in premarket trading. It ended the quarter with 3.08 million subscribers, up 4% year over year and in line with the company's expectations. But compared to last quarter, subscribers declined by 29,000. The former Netflix and Spotify executive has spent the last three months focusing on new strategies aimed at getting the fitness company back on a path to growth. Clients include Volvo, which has Peloton bikes in its company fitness center and offers employees access to the Peloton app, its all access membership and discounts on hardware, including the Bike, Bike+, Tread and Guide.

Persons: Barry McCarthy, McCarthy, Leslie Berland Organizations: Refinitiv, Consumers, Netflix, Spotify, Business, Volvo, Dropbox, University of Michigan, Big Locations: Dusseldorf, Germany

☆ I was charged ‘junk fees’ by a New York City hotel. Here’s what happened next
▼ + stars: | 2023-08-21 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +7 min

In this article HMARBKNG Follow your favorite stocks CREATE FREE ACCOUNTMy hotel bill from a three-night trip to New York City included 21 charges. Nine were for "destination fees." Federal Trade Commission estimates show consumers paid around $2 billion in hotel fees before the pandemic, and mandatory fees have grown since then. The bill, the Hotel Fees Transparency Act, prohibits hotels from advertising rates without mandatory fees. Former presidential candidate and current Senator Amy Klobuchar, D-Minn., introduced the Hotels Fees Transparency Act to the U.S. Senate in late July.

Persons: Joe Biden's, I'd, Munir Salem, Rafat Ali, Joe Biden, Kent Nishimura, Ali, it's, Amy Klobuchar, Bill Clark, Park's Salem, Expedia, Chip Rogers, I'm Organizations: Thompson, Park, CNBC, Thompson Central, Newspapers, Federal Trade Commission, Los Angeles Times, Getty, U.S . Senate, U.S ., Cq, Inc, Biden Administration, United, Frontier, Texas, Holdings, Marriott International Inc, Marriott, American, Lodging Locations: New York City, North America, Joe Biden's State, Park New York, Hyatt, York, U.S, U.S . Senate, Pennsylvania

☆ I'm a 21-year old student living in Scotland. I have no student debt, and my $900 monthly budget pays for my fitness club, nights out, and frequent travel.
▼ + stars: | 2023-07-26 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Joshua is a 21-year-old from Berlin who lives in Glasgow, Scotland to attend school. We asked Joshua, a 21-year-old Berlin resident who attends the University of Glasgow, about his biggest spending categories and cost differences between Europe and America. Occupation: Student and university employeeMonthly income: £700 (about $900), plus a £200 (about $250) stipend from his parentsStudent debt: $0. Now I live in Glasgow, Scotland for school. What's the biggest cost difference you've noticed between Germany, Scotland, and the US?

Persons: Joshua, Gen Zers, I'm, we're, we'll, I've, she's Organizations: Service, University of Glasgow, Occupation, Student, University of Glasgow ., Student Enterprise, Tesco, Asda, European Union Locations: Berlin, Glasgow, Scotland, Wall, Silicon, Europe, America, Germany, Sainsbury's

☆ Private micro gyms costing $11 an hour are popping up all over Singapore and the model is going global
▼ + stars: | 2023-07-24 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Micro gyms costing around $11 an hour in Singapore are popping up near parks, malls, and petrol stations. The Gym Pod has 140,000 registered app users worldwide with interest growing after the pandemic. According to Bloomberg, it has 120,000 registered users in Singapore. Another company, My Gym Lab, also founded in Singapore, offers small spaces it calls labs across the city. The Gym Pod is hoping to expand into international markets and will be launching its first pod in China in the coming weeks, the spokesperson said.

Persons: Damian Chow, Omar Martin Organizations: Service, Bloomberg Locations: Singapore, Wall, Silicon, Chicago, China

☆ The US is short on homes. Here’s how builders are still offering the American Dream
▼ + stars: | 2023-07-14 | by ( Anna Bahney | ) edition.cnn.com time to read: +8 min

This relatively new and growing segment of the housing market is called “build for rent” or BFR (or “build to rent” or BTR). Often constructed in suburban areas with low crime and near good schools, BFR homes attract those who want the lifestyle of a house — but the affordability or convenience of renting. Over the past few years, however, large investment groups — like Home Partners of America or Invitation Homes — have got into buying up existing single-family homes to rent. Miller said demand for BFR homes is strong and suit a modern way of living involving remote work, lifestyle moves and delayed homeownership. Even as a small portion of the market, those BFR homes that are being built are not the smaller, more affordable homes that middle-income earners are looking for.

Persons: ”, David Howard, Howard, “, Ben Miller, ” Miller, Miller, Donald Trump’s, homeownership, Bruce McNeilage, ” McNeilage Organizations: DC CNN, National Rental Home, National Rental Home Council, Urban Institute, Home Partners of America, Research, Joint Center for Housing Studies, Harvard University, Kinloch Partners, Survey Locations: Washington, Texas , California , Arizona, Florida, North Carolina, Georgia, BFR, United States, Nashville, Greenville , South Carolina, Yardi

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☆ Planet Fitness to give teens free summer workout passes
▼ + stars: | 2023-05-07 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +3 min

For those in need of a little motivation, Planet Fitness is throwing in an incentive. They have to share an online clip describing their High School Summer Pass experience to be considered. A boost to teens’ mental and physical wellbeingData reveal teens struggle with their overall wellness. This year’s High School Summer Pass launch during Mental Health Awareness Month is no accident. Teens can register now before free club access starts May 15, and those under 18 have to sign up with a parent or guardian, Planet Fitness said in the news release.

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