Les Mills
Les Mills
Les Mills
Health Club Management

Health Club Management

Follow Health Club Management on Twitter Like Health Club Management on Facebook Follow Health Club Management on Google+ Join the discussion with Health Club Management on LinkedIn Subscribe to Health Club Management Get RSS alerts from Health Club Management magazine
Get the latest news, jobs and features in your inbox
Health Club Management

Health Club Management

News

Planet Fitness raises outlook for year end after positive quarter

I believe we're just beginning to scratch the surface of the company’s full potential
– Christopher Rondeau, chief executive, Planet Fitness

Gym chain Planet Fitness has raised its outlook for 2017 revenues to US$430m (€369.4m, £327.7m) following its third-quarter trading statement.

During the July to September period it opened 31 new franchises, taking its portfolio of clubs to 1,432 in the US, Puerto Rico, Canada and the Dominican Republic. It has 10.5 million members.

Revenues increased by 12.1 per cent to US$97.5m (€83.8m, £74.3m) during the three-month period, up from US$87m (€74.7m, £66.3m) in the same period last year.

A breakdown shows that franchise revenue increased 30.6 per cent to US$35.6m (€30.6m, £27.1m); turnover at its corporate-owned clubs rose 7.1per cent to US$28.6m (€24.6m, £21.8m); and its equipment segment revenue grew 0.8 per cent to US$33.4m (€28.7m, £25.5m).

As a result, the company has raised its revenue outlook for 2017 by US$15m (€12.9m, £11.4m) to US$430m.

“I believe we're just beginning to scratch the surface of the company’s full potential,” said Christopher Rondeau, the brand’s chief executive.

“My optimism is fuelled by the long runway for store growth, the financial and operational strength of our franchisees, our growing national advertising fund and ability to continue to attract casual and first-time gym users to our unique fitness experience, and the growing consumer shift towards health and wellness.”

Sign up for FREE ezines & magazines
Related news

Planet Fitness boosts team with digital and development leaders

27 Oct 2017
US-based gym chain Planet Fitness has strengthened its leadership team with high-level appointments in its ...

Budget chain Planet Fitness to enter Panama

28 Jul 2017
Low-cost US-based gym franchise Planet Fitness is opening its first club in Panama, central America. ...

‘Judgement-free’ gym opens at youth club as part of anti-bullying initiative

08 Nov 2016
US-based gym chain Planet Fitness – which markets its gyms as having non-intimidating environments – ...
Active IQ
Active IQ

News

The University of Warwick is building a £49m (US$64.6m, €54.9m) sports and wellness hub in
A ‘performance resort’ and spa are coming to master-planned wellness community Lake Nona, outside of
The demand for outsourced leisure management services will continue to grow, according to operator Everyone
High-intensity interval training (HIIT) is predicted to be the leading exercise trend next year, taking
Plans for a £37m (US$48.8m, €41.5m) leisure centre including a 200-station gym have been given
Commuters could soon get their exercise fix on the train to work, thanks to a
Miha Bodytec GmbH
Miha Bodytec GmbH
A physical activity referral scheme is set to be introduced in the London Borough of
British Rowing and British Triathlon have signed a new partnership to integrate their indoor products
Activities such as cycling and running can improve memory function and help maintain a healthy
The Bannatyne Group has added Wildmoor Spa and Health Club in Stratford upon Avon, Warwickshire,
Pool equipment from the London 2012 Olympics has found a new home following the opening
Former Olympic swimmer Rebecca Adlington has cut the ribbon to reopen the day spa at
Fitness On Demand
Fitness On Demand
Former England and Chelsea star Frank Lampard has partnered with a new health assessment centre
Mental health providers should integrate personal training programmes into their patients’ treatment plans, a new
A research project by spinal injury charity Aspire and the University of Birmingham will help
Active IQ
Active IQ
1 - 15 of 10,093
Features
People
If there was a physio clinic in the gym, with VR equipment, patients might be more motivated to do their exercises
Features
Wellbeing
Around 22 per cent of UK people have trouble sleeping, and this can negatively affect health. Kath Hudson asks if health clubs can and should remedy the problem by offering on-site sleep services
Features
Research
Recent research shows just a small amount of resistance training per week can dramatically reduce the risk of combined obesity, diabetes and hypertension
Features
ukactive update
The 2017 ukactive Flame Awards and conference brought key industry players together. CEO Steven Ward shares the event’s main take-home messages
Features
Industry trends
Maintaining physical activity levels on the road can be challenging, but it’s a challenge the fitness industry is now addressing. Laura Swain, assistant editor of hospitality at innovation research and advisory company Stylus, investigates the growing in-transit fitness trend
Features
Local authority
Aromatherapy steam rooms and spas are traditionally considered to be high-end offerings, but more and more local authority leisure centres are now adding these luxury facilities to their services. Health Club Management investigates this trend
Features
Technology
Mirrors and scales can be dispiriting for those starting a fitness regime. But with body scanning offering a realistic picture of how the body changes with exercise, Kath Hudson investigates if this technology could be a key retention tool
Features
ukactive update
With this year’s celebration of physical activity fast approaching, ukactive CEO Steven Ward outlines how the day will build on the success of 2016
Features
Technology
Tracking systems could be the next frontier for group exercise, delivering member engagement and aiding retention, but their use isn’t always appropriate. Health Club Management weighs up the pros and cons of monitoring the pack
Features
People
People profile
One of the most powerful tools we have as a spa department, is the ability to collaborate with our peers in personal training, group fitness and pilates
People
Interview
Training hasn’t really changed in the last 30 years – things just get wrapped up in new packages. We stick with methods that are proven to work
People
Interview
You have to look after your clients and really care about them. That’s not just a line, you genuinely have to care
People
People
Most people in recovery believe that people like them can’t go into a gym, so we help them to overcome these barriers
People
Interview
I spend a lot of time with our PTs. I tell them: ‘We’ll provide you with the facility; you provide us with the club.’
People
People profile
CEO AND FOUNDER, FLYFIT GLOBAL
People
People
We want to elevate the experience of residential gyms and create a boutique feel, so members don’t need to join an off-site gym
People
Job search
Catalogue Gallery
Click on a catalogue to view it online
Company profile
Company profile: Wexer
Wexer is a leading provider of fitness technology, connecting fitness operators with consumers in evermore ...
Company profile
Company profile: Netpulse
Founded in 2001, Netpulse is the #1 provider of branded mobile apps for health clubs. ...
directory
directory
Kemitron GmbH
directory
Total Vibration Solutions Ltd
directory
EZ-Runner Systems Ltd
directory
Spirit Fitness UK
directory
Netpulse Communications, Inc
directory
Book4Time Inc
directory
Gantner Electronics Ltd
directory
Cybex International UK Ltd
directory
Safe Space Lockers Ltd
directory
Fitlockers
directory
Featured supplier
Supplier profile: Endless training options with Cybex PWR PLAY
PWR PLAY is the new strength and functional training solution from premium fitness equipment manufacturer Cybex. View full profile...
Featured supplier
Supplier profile: Stay ahead of the game with SPATEX 2018
In this fast moving, trend-led industry, to stay relevant, health clubs need to keep ahead. SPATEX 2018 is here to help you do just that. View full profile...
Property & Tenders
Taunton Deane Borough Council
Property & Tenders
Diary dates
20-21 Nov 2017
Radisson Blu Hotel, London Stansted, Stansted, United Kingdom
Diary dates
22 Nov 2017
Bucks New University, High Wycombe, United Kingdom
Diary dates
Les Mills
Les Mills