Life Time Unveils Its First Ground-Up Pickleball Club In Chanhassen, Minnesota
Portfolio Pulse from Benzinga Newsdesk
Life Time has announced plans to build its first pickleball club in Chanhassen, Minnesota, with completion expected in early 2024. The company is also seeking additional locations for its pickleball-focused concept, aiming to have over 1,000 pickleball courts by the end of next year.
September 05, 2023 | 8:38 pm
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Life Time's announcement of its first pickleball club and plans to have over 1,000 courts by the end of next year could potentially attract new customers and increase revenues.
The announcement of Life Time's first pickleball club and its ambitious expansion plans indicates a strategic move to capitalize on the growing popularity of pickleball. This could potentially attract new customers and increase revenues, positively impacting the company's stock.
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