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Open 24 hours is worthless.
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I find 24 hours to be priceless! I've had my workout cut short so many times because of gym hours. Now I've joined a 24 hour gym and I'll NEVER go back. Two advantages 1). You go to the gym on your schedule, not theirs. 2.) Less crowds even with the same # of members. Many people DO go to the gym at 4AM (i've seen the log ins to proves it), so 200 customers spread over 24 hours makes fewer people in the gym at any given time than 200 people in the gym over 14 hours.