Clubs & Studios · BRIEFING
Flexibility Is the New Premium: How Membership Models Are Being Rebuilt
Owners' own survey data puts flexible contracts and hybrid access ahead of price cuts, aggregator channels keep feeding studios incremental revenue — and Xponential's shrinking same-store sales show the cost of standing still.
The standard gym membership — one club, one contract, one renewal — is being renegotiated in plain sight. Owners’ own market research now ranks contract flexibility and hybrid access above price cuts on members’ request lists, booking aggregators are routing billions into independent studios, and a multi-brand boutique franchisor has posted a quarter that shows what happens to operators who hold the old model in place. The premium product in fitness is no longer the biggest facility. It is the most adaptable membership.
What 662 owners heard
Wellhub’s Fitness Business Growth Report 2026, based on a survey of 662 gym and studio owners across 11 countries conducted by an independent research firm, quantifies the renegotiation. Asked what members are requesting, owners put flexible or shorter contracts first at 66%, better digital or hybrid options second at 65%, and recovery services third at 48%. Lower prices — the reflex assumption in any affordability debate — comes fourth, at 46%.
Context sharpens the point. 86% of owners grew their membership base this year and 56% improved profit margin, so these requests come from a market that is growing, not one discounting to survive. But 95% say competition has intensified over the past three years, and 40% plan to open new locations within the next 12 months. When nearly everyone is growing and nearly everyone feels the crowd, the differentiation lever members themselves name is the design of the membership — not the number on the price board.
The aggregator ledger
The distribution side of the flexibility trade is already at scale. ClassPass reports it has generated more than $2.3 billion in incremental revenue for the global fitness and wellness economy since COVID-19, and facilitated over 62 million reservations in 2025 across more than 88,000 listed businesses in 643 cities and 31 countries.
The booking mix shows where demand concentrates when commitment is optional. Pilates was ClassPass’s most-booked workout for the third year running in 2025, with bookings up 66% year over year; mat Pilates grew 114% and reformer Pilates 71%. Barre rose 30%, yoga 28% and strength training 27%, against cycling’s 6%. Studios with bookable, no-commitment inventory are capturing a compounding share of visits — flexibility here is not a concession studios make to keep members, it is the product members are actively buying.
That raises the strategic question for every operator outside the aggregator’s network: is this demand reachable only through an external booking platform, or can studios replicate the same freedom — bookable sessions, multi-venue access, no lock-in — inside their own memberships? The ClassPass numbers describe how the market is being served today, not the only way it can be served.
The cost of standing still
Xponential Fitness supplied the counterexample in its Q2 2026 results. Revenue fell to $66.0 million, down $10.2 million year over year; North America same-store studio sales dropped 6.8%, with Club Pilates down 5%; adjusted EBITDA fell 22% to $21.9 million, compressing margin from 37% to 33%; and management lowered full-year 2026 guidance.
The contrast with the demand data is the point. Club Pilates sits in exactly the category where aggregator bookings grew 66% last year and reformer Pilates 71%. The demand is not missing — what faltered is the membership model meant to convert it. A multi-brand franchisor whose same-store sales fall while its core category compounds is the clearest available evidence that contract design and distribution, not category appetite, decide outcomes in boutique fitness.
What to watch
Whether flexible and hybrid contracts move from members’ request list to standard terms across the industry during 2026; whether ClassPass-style access keeps routing incremental revenue to small studios or large operators rebuild equivalent flexibility in-house; and whether Xponential’s lowered guidance marks the floor for a portfolio that still operates in the most-booked category in the aggregator data. The members have already stated their order of preference: flexibility first, price fourth.