Wellness Clubs Redefine Social Life as Third Spaces Take Off

TL;DR Summary
A CNBC feature examines the rapid rise of wellness-focused ‘third spaces’—membership clubs like Bathhouse and Othership that blend health activities (saunas, cold plunges, classes) with alcohol-free socializing. These spaces aim to combat loneliness and fill a growing demand for meaningful community, prompting big investments and expansion (Bathhouse targeting roughly $120M in run-rate revenue; Life Time pushing premium wellness) and broader franchise growth (Glo30). The trend signals a shift in how people seek connection beyond traditional gyms and nightlife.
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