Planet Fitness is planning a significant investment in Puerto Rico, earmarking $50 million for new facility openings and renovations to existing locations, the company announced on March 15, 2026.
The expansion signals continued confidence in the Puerto Rican market and is expected to boost the local economy through job creation and increased consumer spending. The company did not specify the exact number of new gyms planned, but indicated the investment will cover multiple projects across the island.
According to reports, the investment was announced late on March 15, 2026. Details of the expansion were also shared on social media platforms, including Instagram and Facebook.
The move comes as Planet Fitness continues to grow its footprint across the United States, and internationally. The company’s affordable membership model has proven popular with a broad range of consumers, and the Puerto Rican expansion is likely aimed at capitalizing on that demand.
The investment is a positive sign for Puerto Rico’s business environment, demonstrating a willingness by major companies to invest in the island’s future.
