Services-Membership Sports & Recreation Clubs

The Services–Membership Sports & Recreation Clubs industry, classified under SIC 7997, encompasses private golf clubs, tennis centers, fitness and wellness clubs, country clubs, yacht and sailing organizations, and multi-sport facilities that operate on a dues-based membership model. Typical customers range from affluent households and corporate members to health-conscious families and young professionals seeking structured fitness, social events, and premium amenities. Revenue is driven by recurring dues, initiation fees, lessons, leagues, tournaments, food and beverage operations, and event hosting. Key risks include economic slowdowns that pressure discretionary spending, rising labor and insurance costs, liability exposure from injuries, and strict compliance with local zoning, alcohol service, safety, and employment regulations. In 2024–2025, clubs are investing in digital member engagement, wellness-focused programming, pickleball and other emerging sports, and data-driven dynamic pricing to stabilize utilization and margins. For investors monitoring this segment, you can view live SEC filings on EarningsFeed to track performance, expansion plans, and evolving risk disclosures.

Source: Earnings Feed research · last fetched 11/23/2025