Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13743)           
UK only International

Planet Fitness says membership has reached '97%' of pre-pandemic levels

By Tom Walker    08 Nov 2021
Planet Fitness ended Q3 with more than 15 million members / Planet Fitness
A surge in people returning to gyms has helped Planet Fitness bounce back from the pandemic lockdowns
The group had 15 million members at the end of Q3
The figure is around 97 per cent of the pre-pandemic high of 15.5 million members
The operator has 2,193 clubs across five countries

Planet Fitness says a surge in people returning to gyms has helped it recover from the pandemic lockdowns.

The franchised operator, which has 2,193 clubs across five countries, has seen its membership level nearly return to its pre-pandemic peak, allowing the group to revise its top- and bottom-line key financial guidance metrics for 2021.

Announcing its Q3 results, Planet Fitness said it had ended the quarter with more than 15 million members – which is around 97 per cent of its pre-COVID-19 high of 15.5m.

Total revenue during the three months to 30 September was US$154.3m – up 46.4 per cent on the same period in 2020.

Chris Rondeau, Planet Fitness CEO, said: "We are emerging from the COVID-19 pandemic and the third quarter, we returned to positive system-wide same-store [club] sales growth and achieved the highest sequential net member growth of any third quarter in company history, as well as our highest franchise segment revenue on record.

​​"As we look ahead to our 30th anniversary next year, I am more enthusiastic than ever with several factors driving both near- and long-term growth opportunities.

"These include our franchisees' enthusiasm to continue to invest in the brand, the transition to one agency for both our local and national advertising and the world's growing appreciation for the importance of improving overall health and wellness.

"With so much potential given the changing market dynamics and industry tailwinds, we believe that our non-judgmental and affordable model will be even more differentiated."

Planet Fitness expects new club openings for 2021 to be between 110-120 – it opened 24 during the third quarter.m of 2021.

The Q3 announcement resulted in shares in the company jumping by around 14 per cent, from US$84 to US$96.

Planet Fitness  Chris Rondeau 
Sign up for FREE ezines
Related news
Related features
Sports jobs

Leisure Centre Duty Manager

Uppingham School
Salary: £24,687.57pa + pension + health care + benefits
Location: Uppingham, Oakham, UK

Leisure Supervisor (Development)

City University of London
Salary: £32,982 - £37,099pa + excellent pension and benefits
Location: London, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough

Cleaning Assistant

Everyone Active
Salary: Competitive pay rates
Location: Gainsborough

Duty Manager

Everyone Active
Salary: Competitive
Location: Gainsborough

Duty Manager

The Pickaquoy Centre
Salary: £30,000pa + local Govt pension + attractive benefits package
Location: Kirkwall, UK

Team Leader (Harrow School Fitness Club)

Harrow School
Salary: £13.71 per hour
Location: Harrow on the Hill, Harrow, UK

Centre Manager (Leisure)

Exeter City Council
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK
recruiting with sports management

Director of Operations

Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK

Fitness Motivator

Everyone Active
Salary: Competitive
Location: Lutterworth

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: 9.50 ph
Location: Lutterworth

Membership Manager

University of Warwick
Salary: £29,605 - £32,982pa + pension + benefits
Location: Coventry, UK

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour
recruiting with sports management

Chief Executive Officer, Mount Batten Centre

Mount Batten Group
Salary: c£65,000pa + pension + benefits
Location: Plymouth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Rickmansworth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Watford, UK
Swimming Teacher jobs  duty manager jobs  Team Leader jobs  general manager jobs  recreation assistant jobs  Swim Manager jobs 
More jobs

Company profile

Company profile: IndigoFitness
At IndigoFitness, we're not just about providing equipment; we're about delivering exceptional training spaces. We understand that each fitness facility is unique, requiring tailored solutions for optimal performance. We’ve gained invaluable experience over almost 30 years, working with hundreds of gyms of all shapes and sizes, in a range of different industries.
View full profile >
More company profiles

Featured Supplier

Sibec EMEA to blend fitness with luxury at Fairmont Monte Carlo
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
08-08 Jun 2024
Worldwide, Various
More diary dates