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What is the impact of the COVID-19 pandemic on financial performance of fitness centers?

dc.contributor.authorVieira, Elsa
dc.contributor.authorSão João, Ricardo
dc.date.accessioned2023-01-25T12:14:50Z
dc.date.available2023-01-25T12:14:50Z
dc.date.issued2023-01
dc.description.abstractPurpose: This study aims to understand the impact of the Covid-19 pandemic on the financial performance of fitness centers in Portugal, for this purpose, financial indicators are compared before and during the pandemic period. With this study we intend to understand if all or just some financial indicators had a negative impact with the pandemic. It is also the purpose of this paper to understand whether the financial performance of fitness centers depended on their size, number of employees and sales volume. Design/methodology/approach: The sample was obtained from the Sabi database. The elements for Portugal were: the Economic Activity Code 93130 – Gym activities (fitness) and the entities that had information for the years 2019, 2020 and 2021 on: sales, EBITDA, EBIT, net income, solvency, borrowing, liquidity and number of employees. The sample is 689 entities. Results and conclusions: The results obtained showed statistically significant influences on variables such as: dimension and sales volume. There is statistical evidence that financial indicators obtained worse results in the years of the pandemic (2020 and 2021) essentially due to the period in which it was not possible to develop the activity in person.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationVieira, E. & São João, R. (2023). What is the impact of the COVID-19 pandemic on financial performance of fitness centers? In 42nd EBES Conference (pp. 111). Istanbul, Türkiye: EBES. ISBN 978-605-71739-2-8pt_PT
dc.identifier.isbn978-605-71739-2-8
dc.identifier.urihttp://hdl.handle.net/10400.15/4266
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherEBESpt_PT
dc.relation.publisherversionhttps://ebesweb.org/conferences/past-conferences/42nd-ebes-conference-lisbon/42nd-ebes-conference-lisbon/pt_PT
dc.subjectFinancial Performancept_PT
dc.subjectCovid-19pt_PT
dc.subjectFitness Centerpt_PT
dc.titleWhat is the impact of the COVID-19 pandemic on financial performance of fitness centers?pt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceLisboapt_PT
oaire.citation.title42nd EBES Conferencept_PT
person.familyNameVieira
person.familyNameSão João
person.givenNameElsa
person.givenNameRicardo
person.identifier.ciencia-id8E1B-AFBF-E940
person.identifier.orcid0000-0001-7659-3111
person.identifier.orcid0000-0003-3137-0891
rcaap.rightsopenAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublication0bcc5057-ac75-417f-b745-3eff23f14458
relation.isAuthorOfPublication7501922f-cbe1-4a1b-8bd6-21c777f269e2
relation.isAuthorOfPublication.latestForDiscovery7501922f-cbe1-4a1b-8bd6-21c777f269e2

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