Several major gym chains, like California Fitness and Elite Fitness, are closing some locations. This is because costs are rising and consumers are behaving differently.

Lumi Fitness & Yoga is closing its Minh Khai club in Hanoi. This is the second club to close in a month.

Lumi Fitness & Yoga was started in 2021 and had four clubs in Hanoi. The company has not said why it is closing clubs or what its plans are.

California Fitness & Yoga is also closing some clubs in Ho Chi Minh City and Hanoi.

California Fitness said the clubs that are closing had reached the end of their leases and did not meet the company's new standards.

The company will focus on its existing clubs and make them better with new services and technology.

California Fitness was once the leading gym brand in Vietnam with nearly 50 clubs. It was known for its high-end fitness clubs.

Elite Fitness closed its Thao Dien club in May after it could not renew its lease. Now, the brand only operates in Hanoi.

Elite Fitness was founded in 2010 and now only has clubs in the capital city.

The market is under pressure.

The large gym model is facing challenges as costs rise and consumer preferences change.

Many residential areas now have their own fitness facilities, so people prefer to exercise at home rather than go to a gym.

Other activities like running and cycling are becoming popular, competing with gyms for people's time and money.

Fit House closed after 10 years due to losses from the pandemic and economic difficulties.

The founder of Fit House said all the money borrowed to keep the business open has been used, and he cannot repay his debts.

A market research specialist believes the industry is consolidating as large gym chains struggle with costs and changing consumer behavior.

In the past, gyms could expand by selling long-term memberships, but now customers want flexibility and value for money.

Gym operators will focus on efficiency, cost optimization, and better customer experiences to grow.

The future of the industry is uncertain.