TAISPO
TAISPO
TAISPO
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
Gym chain Planet Fitness has raised its outlook for 2017 revenues to US$430m (€369.4m, £327.7m) following its third-quarter trading statement.
HAF
Planet Fitness has more than 1,400 clubs in the US, Puerto Rico, Canada and the Dominican Republic

News

Wearable tech has made a comeback as the 'hottest fitness trend' for 2019 – with
Physical activity sector leaders, parliamentarians and leading figures in health and business have called for
US budget club operator Youfit Health Clubs will begin offering its members genetic testing through
David Stalker, former CEO of ukactive, has been named CEO of Europe, Middle East and
The figures revealed in today's Active Lives Children and Young People research have been described
Less than one in five of children and young people (17.5 per cent) are meeting
FIBO
FIBO
Recurring payments platform GoCardless has continued to grow its portfolio of gyms, leisure centres and
US-based boutique fitness operator Orangetheory Fitness is preparing to open its first club in the
Les Mills International (LMI) has announced that Clive Ormerod will become its new CEO. Ormerod
The first ever FIBO USA kicks off in Orlando, Florida today (5 December 2018), directly
SenSpa, a luxury Thai-style spa at the Carys Manor Hotel in Hampshire, UK, has partnered
Yoga does wonders for the mind and body, but it may also be great for
Five national governing bodies (NGBs) have pledged to work 'more closely' with the leisure sector
Leisure-Net Solutions
Leisure-Net Solutions
Fitness facilities often struggle to increase corporate members. At present, just 14 per cent of
The inaugural Sporting Champions awards have been held to highlight the successes of a talent
London's thriving boutique fitness market has a new entrant – Victus Soul, a studio offering
New research suggests that curcumin, a main ingredient in curry, may improve exercise intolerance related
Les Mills
Les Mills
1 - 15 of 10,708
Features
Trends
Cryotherapy has been used in clinics as a method of treating pain. Now we’re seeing it move into the worlds of health clubs and spa, where it’s used for preventative health and to optimise recovery
Features
Wellness
Our industry needs to get older people significantly more active if the UK is to avoid a major crisis in social care, says a new report. Abi Harris explains what the key findings mean for you
Features
Flooring
The feel of a certain surface under a member’s feet can unconsciously put them in the right headspace to workout. We take a look at the latest flooring projects inspiring members to move...
Features
Report
What role can sport and physical activity play in preventing crime and anti-social behaviour – and are our prisons making the most of this opportunity to change lives? Kate Cracknell reports
Features
feature
How far is the health club industry from completing its evolution from a niche sector to a mass mainstream movement?
Features
feature
The IHRSA European Congress, which takes place next month in Lisbon, Portugal, is a must-attend, must-experience event for industry leaders doing business in Europe says IHRSA’s Kristen Walsh
Features
feature
Calisthenics: is it just for hardmen, or is it an alternative activity that could appeal to your crossfitters or those in your free weights area? Kath Hudson reports
Features
Supplier showcase
GoCardless & Speedflex
Features
People
People profile
You can do lots of great stuff, but find there are still large numbers of people who don’t engage. If you can start to understand why, then you’re onto something
People
Interview
In a 45- to 50-minute Blaze workout, members can burn anything from 500 to 1,000 calories
People
People profile
I think we’ll start to see more pay-as-you-go concepts, as they offer better value for money and flexibility. HIIT will stay popular and we will see more use of data in workouts to engage people
People
Interview
Anyone looking into the boutique market thinking it’s going to cost them ‘X’ needs to double that figure. it isn’t enough just to give your club a new lick of paint and new flooring every 10 years
People
People profile
As long as people do the 30-minute circuit, twice a week, they are guaranteed results, and that’s a simple message to get across
People
People profile
Bear Grylls and Chris St George both served in the British Army. Their experience, combined with a results-driven offering, will engage people in exercise - Dave Stalker
People
People profile
We've incorporated mental health and wellbeing into the whole Mindset experience
People
Profile
We’ve been working to promote fitness as a lifestyle – last year we introduced a pop-up gym at Tallinn Airport. It’s free for everybody to use
People
People profile
We don’t sell the transformational dream: our core message to people is the importance of creating a new lifestyle and being fit for life
People
Promotional Feature
Promotional feature
Evo Bench is designed to help operators maximise available space and provide trainers with a means of locating all the equipment needed to deliver a full body workout in one place- John Halls, MD, Physical Company
Directory
Architects/designers
Zynk Design Consultants: Architects/designers
Audio visual
Lightmasters UK Ltd: Audio visual
Member access schemes
Move GB: Member access schemes
Flooring
Total Vibration Solutions Ltd: Flooring
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Lockers/interior design
Craftsman Quality Lockers Ltd: Lockers/interior design
Fitness equipment
Shapewatch: Fitness equipment
Direct debit solutions
Harlands Group: Direct debit solutions
Spa software
SpaBooker: Spa software
Catalogue Gallery
Click on a catalogue to view it online
Featured suppliers
Featured supplier: Unlocking new clientele through corporate memberships
Fitness facilities often struggle to increase corporate members. At present, just 14 per cent of individuals are granted access to gyms through their employer
Featured suppliers
Featured supplier: Shapewatch 3D body scanner puts users in control of their goals
Shapewatch is an innovative, new 3D body visualisation solution that allows members to scan their bodies, monitor key biometrics and see their body shape in 3D.
Video Gallery
No More Empty Studios.
Fitness On Demand
No More Empty Studios. Seriously. Fitness On Demand™ Virtual Group Fitness. Read more
More videos:
Company profiles
Company profile: GoCardless
GoCardless offers a simple, flexible way to reduce admin time by automating your payment collection ...
Company profiles
Company profile: Xn Leisure Systems Ltd
Delivering exceptional service, attracting new members and building a network of loyal repeat customers – ...
Property & Tenders
White Rocks, Hastings
GVA
Property & Tenders
Diary dates
22-24 Jan 2019
Harrogate Convention Centre, Harrogate, United Kingdom
Diary dates
28-29 Jan 2019
Radisson Blu Hotel, London Stansted, Stansted, United Kingdom
Diary dates
Job search
TAISPO
TAISPO