Latest
issue
GET ATTRACTIONS MANAGEMENT
magazine
Yes! Send me the FREE digital edition of Attractions Management and the FREE weekly Attractions Management ezines and breaking news alerts!
Not right now, thanksclose this window
Get Attractions Management digital magazine FREE
Sign up here ▸
Jobs   News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
NEWS
Planet Fitness CEO Chris Rondeau optimistic over sector's outlook
POSTED 27 Feb 2021 . BY Tom Walker
Planet Fitness has seen seen net member growth during the early weeks of 2021 Credit: Planet Fitness

Credit: Planet Fitness
We're increasingly optimistic about our growth opportunities as the vaccine continues to rollout and consumers increasingly return to daily activities
– Chris Rondeau
People placing increased emphasis on their physical fitness, the advances made in digital fitness and the opportunities arising from a reshaped real estate landscape will help the fitness industry recover from the pandemic, according to Planet Fitness CEO Chris Rondeau.

Rondeau said that the company has already seen the green shoots of recovery during the first weeks of 2021.

"We've been able to successfully weather the ongoing challenges created by COVID-19 thus far," Rondeau said.

"We're encouraged with our start to 2021, as we have seen net member growth and improved usage, which we believe is a testament to our messaging and marketing efforts.

"While we anticipate the operating environment to remain volatile and unit growth to be modest in the near-term, we're increasingly optimistic about our growth opportunities as the vaccine continues to rollout and consumers increasingly return to daily activities, such as bricks and mortar fitness.

"This includes capitalising on industry consolidation and more favorable real estate trends which we believe will emerge over the next several years to expand our store footprint and evolve our technological capabilities to enhance our digital engagement."

Announcing its Q4 2020 results recently, Planet Fitness reported a 30 per cent decrease in revenue for the three months to 31 December 2020 (down to US$133.8m from 2019 figure of US$191.5m).

The pandemic's effects were clear, with the company revealing a 41 per cent fall in total revenue for 2020 (US$406.6m, down from US688.8m).

Planet Fitness opened 130 new clubs during the year, bringing the number of system-wide stores to 2,124 as of 31 December 2020.
RELATED STORIES
  US gyms are beating COVID-19


A study of gym visit data from the US suggests that health clubs and fitness facilities are not contributing to the spread of COVID-19.
  Planet Fitness share price holds steady despite Q2 losses of US$29.2m


Planet Fitness' share price on the New York Stock Exchange has remained steady at between US$49 and US$52 as the markets react well to the posting of quarterly earnings, despite the gym chain reporting big drops in both revenue and profit during Q2 2020.
  Chris Rondeau: Planet Fitness new member sign-ups are matching 2019 levels


The number of people signing up for memberships at Planet Fitness has been at 2019 levels during May, according to CEO Chris Rondeau.
MORE NEWS
Excurio and The Muséum National d'Histoire Naturelle create evolutionary VR experience
Virtual reality creators Excurio has teamed up with experts from The Muséum National d'Histoire Naturelle to create Life Chronicles London, a free-roaming VR experience.
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
+ More news   
LATEST JOBS
Chief Executive
Pendle Leisure Trust
Salary: £Competitive + fabulous benefits package
Job location: Nelson, Lancashire , United Kingdom
Epping Forest Keeper (countryside Ranger)
City of London Corporation
Salary: £35,663 - £39,805pa + Local Govt Pension + benefits
Job location: Epping Forest, London , United Kingdom
+ More jobs  

COMPANY PROFILES
iPlayCO

iPlayCo was established in 1999. [more...]
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
+ More profiles  
CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
LATEST ISSUES
+ View Magazine Archive

Attractions Management

2024 issue 2


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2024 issue 1


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 4


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 3


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management News

06 Apr 2020 issue 153


View on turning pages
Download PDF
View archive
FREE digital subscription
Print subscription

Attractions Handbook

2019


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
ATTRACTIONS MANAGEMENT
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Get Attractions Management digital magazine FREE
Sign up here ▸
Jobs    News   Products   Magazine   Subscribe
NEWS
Planet Fitness CEO Chris Rondeau optimistic over sector's outlook
POSTED 27 Feb 2021 . BY Tom Walker
Planet Fitness has seen seen net member growth during the early weeks of 2021 Credit: Planet Fitness
Credit: Planet Fitness
We're increasingly optimistic about our growth opportunities as the vaccine continues to rollout and consumers increasingly return to daily activities
– Chris Rondeau
People placing increased emphasis on their physical fitness, the advances made in digital fitness and the opportunities arising from a reshaped real estate landscape will help the fitness industry recover from the pandemic, according to Planet Fitness CEO Chris Rondeau.

Rondeau said that the company has already seen the green shoots of recovery during the first weeks of 2021.

"We've been able to successfully weather the ongoing challenges created by COVID-19 thus far," Rondeau said.

"We're encouraged with our start to 2021, as we have seen net member growth and improved usage, which we believe is a testament to our messaging and marketing efforts.

"While we anticipate the operating environment to remain volatile and unit growth to be modest in the near-term, we're increasingly optimistic about our growth opportunities as the vaccine continues to rollout and consumers increasingly return to daily activities, such as bricks and mortar fitness.

"This includes capitalising on industry consolidation and more favorable real estate trends which we believe will emerge over the next several years to expand our store footprint and evolve our technological capabilities to enhance our digital engagement."

Announcing its Q4 2020 results recently, Planet Fitness reported a 30 per cent decrease in revenue for the three months to 31 December 2020 (down to US$133.8m from 2019 figure of US$191.5m).

The pandemic's effects were clear, with the company revealing a 41 per cent fall in total revenue for 2020 (US$406.6m, down from US688.8m).

Planet Fitness opened 130 new clubs during the year, bringing the number of system-wide stores to 2,124 as of 31 December 2020.
RELATED STORIES
US gyms are beating COVID-19


A study of gym visit data from the US suggests that health clubs and fitness facilities are not contributing to the spread of COVID-19.
Planet Fitness share price holds steady despite Q2 losses of US$29.2m


Planet Fitness' share price on the New York Stock Exchange has remained steady at between US$49 and US$52 as the markets react well to the posting of quarterly earnings, despite the gym chain reporting big drops in both revenue and profit during Q2 2020.
Chris Rondeau: Planet Fitness new member sign-ups are matching 2019 levels


The number of people signing up for memberships at Planet Fitness has been at 2019 levels during May, according to CEO Chris Rondeau.
MORE NEWS
Excurio and The Muséum National d'Histoire Naturelle create evolutionary VR experience
Virtual reality creators Excurio has teamed up with experts from The Muséum National d'Histoire Naturelle to create Life Chronicles London, a free-roaming VR experience.
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
+ More news   
 
COMPANY PROFILES
iPlayCO

iPlayCo was established in 1999. [more...]
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS