Enter your email address for weekly access to top multifamily blogs!

Multifamily Blogs

This is some blog description about this site

Bye Bye, Peloton. So What's the Next Hot Amenity for Multifamily?

OK, I'll admit it.

I totally want a Peloton bike. Yes, even though I'm a runner, not a biker. (I know they also have treadmills, but for some reason those aren't calling my name. Also, is "biker" a thing? Or is that a motorcyclist? Are stationary bike users called cyclists? Is there anything I can't overthink?) Even though they're pretty pricey, especially when you add in the monthly subscription costs. Even though the rightfully mocked ads would make me feel guilty putting one in my drafty basement. They just seem...cool. Like, this piece of gym equipment will be the thing that finally makes me look forward to working out, learn to love kale and develop a sunny world view. (Just kidding. Those things will never happen.)


I'm certainly not the only one. 

We already know fitness centers are a top-requested, pretty-much-need-to-have amenity in apartment communities. A 2017 NAA study found that gyms are ranked in the top 5 for popular amenities.

And, because Pelotons are popular, they've entered into the amenity arms race. Luxury apartments were adding them to their fitness centers and using them as a central marketing point.

"Were," being the operative word. 

Read the blog.

Rate this blog entry:
This comment was minimized by the moderator on the site

This is too bad! We are working on a new fitness center and were looking forward to having a Peloton!


Comment Below

  1. Posting comment as a guest. Sign up or login to your account.
Attachments (0 / 3)
Share Your Location
Lately I have been hearing questions about whether to raise prices or not to raise rates. There are many strategies to increase revenue and some that are right there glaring at you, but seem to be hidden. Let's uncover some of the hidden opportunities. ...
The era of the smart apartment home is upon us.Like the owners of single-family homes, apartment residents have come to appreciate the convenience and lifestyle benefits of smart home devices. According to a recent report by the National Multifamily Housing Council and Kingsley Associates, more than 70 percent of apartment residents are interested in smart thermostats while 67 percent and 63 percent are interested in smart lighting and smart locks, respectively. Meanwhile, more than 56 percent a...
In the property and hospitality line, there is a constant rush to have the latest and trendiest amenities, from urban staples such as swimming pools, fitness centers, and business lounges – to more recent, trendy options such as creator studios, infrared saunas, and salt rooms. Yet amid all these investments into amenity space, another crucial yet often overlooked amenity is neglected – the service that occurs within these spaces. While creating space is all about size, square footage, and built...