The Athletic Club Acquires The Olympic Club
Two Hamilton gyms are getting set to join forces, with The Athletic Club revealing that it is acquiring The Olympic Club, a move they said will provide “immediate benefits for members of both clubs.”
A statement from The Athletic Club said, “Two long standing pillars in Bermuda’s health, fitness and wellness community are joining forces to offer members the widest array of fitness options. The Athletic Club [TAC] is acquiring The Olympic Club, a move that will nearly double TAC’s membership as it celebrates its 30th anniversary.
“The immediate benefits for members of both clubs include a fitness class schedule with 65 different classes offered weekly. Members will also have access to TAC’s spa facilities which also includes full services by beauty and sports massage therapists.
“Currently, no job losses are anticipated as a result of this new acquisition.
“TAC is also offering special discounts on memberships. For a one-year commitment members can sign up for full benefits for $125 a month, or at $399 for three-month memberships. There‘s also personalized training sessions for small groups of four to six members for a total of $140 per session. Each session runs for 55 minutes with a personal trainer.
The Athletic Club is owned and operated by Kym Herron Scott, who said, “TAC offers members personal attention and results at convenient and affordable facilities. This merger will be excellent for those taking their first steps on their wellness journey, avid fitness enthusiasts, and hard core athletes as we combine our strengths in the marketplace, giving our customers the best of both Bermudian businesses.”
The Olympic Club owner Scott Stallard said, “The respect we have for each other, along with our shared values and mutual trust, played an important role in the transaction.”
“Together they are the longest term authorities on fitness in Bermuda making, ‘Perfect Fit’ the mantra for the new company preparing for the road ahead.”
“Our goal from the beginning has been to make the transition as seamless as possible for our member, clients, employees and suppliers,” said Ms Herron Scott. “We’re taking our time conducting business as usual for both venues, while looking at the best each company has to offer.
“We are confident that as we focus on investing in the best services and products, the client will see the greater value of the new TAC brand. And we encourage previous members of both companies to return home to a new business model of more than just a gym.”
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That’s a good move. Look forward to it.
Maybe I missed this part, but if I’m a member at either club can I use the weights at both locations or is this merger only for fitness classes?
The special discounts mentioned ($399 for 3 months) represent an increase of over 60% for current members of TOC. If true, a lot of members – myself included – will not be renewing next month.
Don’t like the Athletic Club. It feels like going down in a dungeon and its old. hopefully they will close and renovate.