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Les Mills
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Planet Fitness to accelerate new opening plans for 2019 following strong H1 results

We now expect to open between 250 and 260 new Planet Fitness locations system-wide in 2019
– Chris Rondeau

Planet Fitness has reported a 29.3 per cent increase in revenue for the first half of 2019 – driven largely by new openings.

The US-based low-cost fitness operator opened 53 new clubs during the six months to 30 June, which resulted in total revenues reaching US$181.7m (€162.4m, £150m).

There was revenue growth within the existing estate too, with like-for-like (same-store) sales increasing by 8.8 per cent.

CEO Chris Rondeau attributed the growth to "favourable real estate trends" – and added that the company has increased its target for new openings during 2019.

"We now expect to open between 250 and 260 new Planet Fitness locations system-wide in 2019, up from our prior outlook of approximately 225," Rondeau said.

"With the strong returns generated by our welcoming, non-intimidating fitness concept, franchisees are increasingly eager to reinvest in both expanding their geographic footprint and broadening awareness of the Planet Fitness Brand among casual and first-time gym users, as well as re-investing in their existing store fleet by re-equipping their clubs with new equipment.

"I am very proud of all our recent accomplishments and I am confident that the work being done across our system by our franchisees, corporate staff and team members in our stores is setting the Company up for continued success."

Founded in 1992, Planet Fitness has become one of the largest and fastest-growing franchisors and operators of health clubs in the US. As of 30 June, 2019, it had more than 14.0 million members across 1,859 clubs.

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Planet Fitness has reported a 29.3 per cent increase in revenue for the first half of 2019 – driven largely by new openings.
HAF,IND
imagesX/THUMB342709_636365_85892.jpg
Latest News
UK-based architects Invisible Studio, founded by Piers Taylor, have designed a 150sq m (1,600sq ft) ...
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Real estate developers are increasingly looking to tap into the "great opportunities" being offered by ...
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A health and wellbeing club which combines exercise and physical activity classes with mental and ...
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Promotional feature
When setting up a new fitness offering, having a point of difference is key. Two businesses tell us how Electro Muscle Stimulation has been successful in helping them to stand out from the rest
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New refurbishment featuring Technogym’s Biocircuit sees 27 per cent membership growth in the first six months at Macclesfield Leisure Centre
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Jimmy had the brilliant idea to put the logos of all of the current cycling brands in and around NYC onto a piece of paper and we handed it to the investor at the end of our presentation. Then we handed a blank piece of paper and referenced that this was the current number of cool fitness concepts in the world and how we would like the investor to help us fill that page. A day later he wrote us a cheque
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Because of our strong focus on community and inclusivity our members really do range from unemployed, and even homeless, to CEOs and board members of major institutions and celebrities
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Featured supplier news
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Click on a catalogue to view it online
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Diary dates
15 Oct 2019
Loughborough University, Loughborough, United Kingdom
Diary dates
15-18 Oct 2019
Gran Via Exhibition Centre, Barcelona, Spain
Diary dates
28-30 Oct 2019
Hotel Royal Savoy, Lausanne, Switzerland
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30-31 Oct 2019
NEC, Birmingham, United Kingdom
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05-08 Nov 2019
Koelnmesse, Cologne, Germany
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21-22 Nov 2019
JW Marriott Miami Turnberry Resort, Aventura,
Diary dates
29 Nov 2019
The King’s Fund, London, United Kingdom
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29-30 Jan 2020
Holiday Inn San Francisco-Golden Gateway, San Francisco, United States
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23-25 Mar 2020
Hilton, Barcelona, Spain
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10-27 Jun 2020
tbc, Pinggu, China
Diary dates
17-18 Jun 2020
ExCeL London, London, United Kingdom
Diary dates

News

Planet Fitness to accelerate new opening plans for 2019 following strong H1 results

We now expect to open between 250 and 260 new Planet Fitness locations system-wide in 2019
– Chris Rondeau

Planet Fitness has reported a 29.3 per cent increase in revenue for the first half of 2019 – driven largely by new openings.

The US-based low-cost fitness operator opened 53 new clubs during the six months to 30 June, which resulted in total revenues reaching US$181.7m (€162.4m, £150m).

There was revenue growth within the existing estate too, with like-for-like (same-store) sales increasing by 8.8 per cent.

CEO Chris Rondeau attributed the growth to "favourable real estate trends" – and added that the company has increased its target for new openings during 2019.

"We now expect to open between 250 and 260 new Planet Fitness locations system-wide in 2019, up from our prior outlook of approximately 225," Rondeau said.

"With the strong returns generated by our welcoming, non-intimidating fitness concept, franchisees are increasingly eager to reinvest in both expanding their geographic footprint and broadening awareness of the Planet Fitness Brand among casual and first-time gym users, as well as re-investing in their existing store fleet by re-equipping their clubs with new equipment.

"I am very proud of all our recent accomplishments and I am confident that the work being done across our system by our franchisees, corporate staff and team members in our stores is setting the Company up for continued success."

Founded in 1992, Planet Fitness has become one of the largest and fastest-growing franchisors and operators of health clubs in the US. As of 30 June, 2019, it had more than 14.0 million members across 1,859 clubs.

Sign up for FREE ezines & magazines
Planet Fitness has reported a 29.3 per cent increase in revenue for the first half of 2019 – driven largely by new openings.
HAF,IND
imagesX/THUMB342709_636365_85892.jpg

News

UK-based architects Invisible Studio, founded by Piers Taylor, have designed a 150sq m (1,600sq ft)
Boutique fitness operator The Foundry, which offers free and subsidised classes for those on state
Real estate developers are increasingly looking to tap into the "great opportunities" being offered by
The outgoing chief medical officer, professor Dame Sally Davies, has called for urgent action across
A health and wellbeing club which combines exercise and physical activity classes with mental and
VivaFit has entered the Spanish fitness market with the opening of a studio in capital
Servicesport UK Limited
Servicesport UK Limited
It’s been hailed as the answer to any number of ailments – heart disease, depression
John Treharne, founder of The Gym Group, has been appointed chair of boutique fitness brand
Parkwood Leisure has launched a programme of workshops, aimed at making its staff more aware
Be Military Fit (BMF) is planning to diversify its offer – and then expand globally
The company behind a health club concept designed to "transform Saudi Arabia's fitness sector" has
EMD UK, the national governing body for group exercise, has appointed Marcus Kingwell, the current
A major nation-wide campaign is aiming to help people build simple changes into their daily
Dyaco International
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Eleiko, a Swedish weightlifting equipment specialist, is reinforcing its position in the strength and fitness
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Lighting design studio Cactus has partnered with cardio climbing gym operator Rise Nation to create
Orangetheory Fitness has opened its 100th franchised site in Canada, seven years after it first
Alliance Leisure
Alliance Leisure
1 - 15 of 11,110
Features
Promotional feature
Matrix Fitness is launching MX4 Active to engage the ageing and deconditioned populations. We talk to Steve Barrett, director of global group education and training, to find out more
Features
fitness-kit.net
Lauren Heath-Jones rounds up the latest product launches in health and fitness
Features
feature
Technogym’s SKILLRUN now comes in different versions to suit different users’ workout needs
Features
Gen Z
Gen Z has come of age, and is engaging with fitness in new ways. We look at how health clubs can appeal to this young, tech-savvy and value-conscious age group
Features
Promotional feature
When setting up a new fitness offering, having a point of difference is key. Two businesses tell us how Electro Muscle Stimulation has been successful in helping them to stand out from the rest
Features
Cycling
Why does indoor cycling attract so many loyal followers? Abi Harris ask industry innovators how much is down to the instructor and what part the kit has to play
Features
feature
New refurbishment featuring Technogym’s Biocircuit sees 27 per cent membership growth in the first six months at Macclesfield Leisure Centre
Features
People
Jimmy had the brilliant idea to put the logos of all of the current cycling brands in and around NYC onto a piece of paper and we handed it to the investor at the end of our presentation. Then we handed a blank piece of paper and referenced that this was the current number of cool fitness concepts in the world and how we would like the investor to help us fill that page. A day later he wrote us a cheque
People
HCM people

Elodie Garamond

Le Tigre: founder
We now have eight sites and offer retreats, such as a retreat in a Moroccan palace and a French chateaux-based yin yoga and writing retreat
People
HCM people

Ben Gotting & Dave Thomas

The Foundry: co-founders
Because of our strong focus on community and inclusivity our members really do range from unemployed, and even homeless, to CEOs and board members of major institutions and celebrities
People
Taking on BMF wasn’t without its risks: it might seem a simple model, but it’s actually a tough business to make any serious value out of
People
WE11 is a disruptive model and is going to cause mayhem in the industry: we’ve flipped the script and given the PTs a fair deal, instead of rinsing them
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HCM people

Rich Hutson

CEO of CHi Fitness and Co-founder of Fire Fitness
The business wasn’t getting the numbers needed, so I raised the prices by 25 per cent. It worked and we didn’t skip a beat
People
Our industry starts and ends with people, so I spent my first three weeks visiting our clubs and listening
People
The Life Fitness entrepreneur and ALS charity fundraiser is returning to the business that made his name
People
HCM people

Martin Seibold

CEO Life Fit Group
Gathering existing, strong brands under one roof to create the new Life Fit Group made perfect sense
People
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Join FitNation - the new fitness congress about innovation
FitNation, the new premier event about innovation in the fitness industry, will kick-off in Amsterdam on 4 October.
Featured supplier news
Featured supplier: Does your fitness studio contain the cure to 21st-century living?
What’s the secret ingredient that makes a live group fitness experience so powerful? And how can clubs unlock it?
Opinion
promotion
As an industry, we still underestimate the power of a truly varied fitness regime - and the growing appetite for it, especially among emerging customer segments.
Opinion: Collaboration vs aggregation - what’s the difference?
Video Gallery
Optimum Nutrition for Health and Performance.
Optimum Nutrition
Optimum Nutrition for Health and Performance is an Association for Nutrition (AfN) certified nutrition course & approved for CPD points from REPs and CIMSPA. Read more
More videos:
Company profiles
Company profile: Incorpore Ltd
Incorpore is a leading fitness and wellness company who have been successfully delivering solutions to ...
Company profiles
Company profile: Xponential Fitness LLC
Xponential Fitness is the world’s leading franchisor of boutique fitness studios, with a portfolio of ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Governing body
EMD UK: Governing body
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Audio visual
Hutchison Technologies: Audio visual
Trade associations
International SPA Association - iSPA: Trade associations
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Professional services
Deloitte UK: Professional services
Fitness equipment
Physical Company Ltd: Fitness equipment
Property & Tenders
Kirklees Active Leisure
Property & Tenders
Diary dates
15 Oct 2019
Loughborough University, Loughborough, United Kingdom
Diary dates
15-18 Oct 2019
Gran Via Exhibition Centre, Barcelona, Spain
Diary dates
28-30 Oct 2019
Hotel Royal Savoy, Lausanne, Switzerland
Diary dates
30-31 Oct 2019
NEC, Birmingham, United Kingdom
Diary dates
05-08 Nov 2019
Koelnmesse, Cologne, Germany
Diary dates
21-22 Nov 2019
JW Marriott Miami Turnberry Resort, Aventura,
Diary dates
29 Nov 2019
The King’s Fund, London, United Kingdom
Diary dates
29-30 Jan 2020
Holiday Inn San Francisco-Golden Gateway, San Francisco, United States
Diary dates
23-25 Mar 2020
Hilton, Barcelona, Spain
Diary dates
10-27 Jun 2020
tbc, Pinggu, China
Diary dates
17-18 Jun 2020
ExCeL London, London, United Kingdom
Diary dates
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