Fitness-club operator Equinox gets in hotel business

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Fitness-club operator Equinox Holdings is planning to start a line of branded hotels. Equinox parent Related Cos. is developing a New York hotel due to open in 2018.

The hotel will be part of Related Cos.’ Hudson Yards project on the west side of Manhattan and will include a 60,000-square-foot fitness center, Equinox’s largest.

Another Equinox hotel is slated to open in Los Angeles in 2019. 

Equinox has about 75 locations in the U.S., Canada and the U.K. New York-based Related Cos. acquired Equinox for $505 million in 2006, when it had 32 fitness clubs.

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