Profile: Town Sports International Holdings Inc (CLUB.O)
22 Jul 2016
Town Sports International Holdings, Inc. (Town Sports), incorporated on January 20, 2004, is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The Company, through its subsidiaries, operates over 150 fitness clubs (clubs) and approximately three BFX Studio (studio) locations. The Company's operating segments include New York Sports Clubs (NYSC), Boston Sports Clubs (BSC), Philadelphia Sports Clubs (PSC), Washington Sports Clubs (WSC), Swiss Sports Clubs and BFX Studio. It owns and operates over 105 clubs under the NYSC brand name within New York City, including in approximately 40 locations in Manhattan. It owns and operates approximately 30 clubs in the Boston region under BSC brand name, over 10 fitness clubs in the Washington, District of Columbia region under WSC brand name, and approximately five clubs in the Philadelphia region under PSC brand name. In addition, it owns and operates approximately three fitness clubs in Switzerland. The Company's clubs collectively serve approximately 541,000 members.
The Company develops clusters of clubs to serve populated metropolitan regions and it services such populations by clustering clubs near its focused customers' areas of both employment and residence. Its clubs are located for convenience to the Company's members in urban or suburban areas, close to transportation hubs or office or retail centers. The Company's members include an age demographic covering the student market to the active mature market. The Company offers various types of memberships in its clubs, such as Premier Membership, which allows members unlimited use of a single home club, and Passport Membership, which entitles members to use any of its clubs in any region at any time. It also offers both month-to-month and commits membership options.
The Company sells its memberships through four channels, such as direct sales at the club level, corporate and group sales division, online Website and call center. It also offers Sports Clubs for Kids programs at select clubs. The Company sells individual memberships online at www.mysportsclubs.com for its membership types, and the Website also enables the Company to sell memberships for pre-established corporate and group programs. The Website also allows its members to give direct feedback about its service levels and enables prospective members to sign up for its one-week trial membership.
The Company competes with Equinox Holdings, Inc., Lifetime Fitness, Inc., Crunch, New York Health and Racquet, LA Fitness International LLC, 24 Hour Fitness Worldwide, Inc., Retro Fitness, Snap Fitness, Anytime Fitness, David Barton, Edge Fitness, Onelife Fitness, Orange Theory, UFC Gym, Work Out World, XSport Fitness, Planet Fitness, Blink Fitness, Flywheel, SoulCycle, Barry's Bootcamp, YMCA and Cross-Fit.
Town Sports International Holdings Inc
5 Penn Plz Fl 4
NEW YORK NY 10001-1843