QUOTE AND NEWS
Benzinga  Mar 23  Comment 
Imperial Capital’s George Kelly initiated coverage of Town Sports International Holdings, Inc. (NASDAQ: CLUB) with an Outperform rating and price target of $3, reflecting 37 percent upside potential. Upside Potential Despite...
CNNMoney.com  Feb 1  Comment 
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CNNMoney.com  Jan 31  Comment 
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Forbes  Sep 15  Comment 
In trading on Tuesday, sporting goods & activities shares were relative laggards, down on the day by about 0.4%. Helping drag down the group were shares of Town Sports International (CLUB), off about 5.7% and shares of Vail Resorts (MTN) down...
Forbes  Jun 18  Comment 
In trading on Thursday, sporting goods & activities shares were relative leaders, up on the day by about 2.4%. Leading the group were shares of Town Sports International (CLUB), up about 21.8% and shares of Intrawest Resorts Holdings (SNOW) up...




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New York based Town Sports International Holdings (NASDAQ: CLUB) is one of the two leading owners and operators of fitness clubs in the Northeast and Mid-Atlantic regions of the United States and the third largest fitness club operator in the United States, in each case as measured by the number of clubs. The company operates under the brand names of New York Sports Clubs, Boston Sports Clubs, Washington Sports Clubs, and Philadelphia Sports Clubs. The company also operates three clubs in Switzerland.

Growth Strategy

Town Sports International Holdings uses a "clustering' strategy within its key markets which offers its members the convenience of working out no matter where they are; near home or work. Additionally, in its primary markets (especially New York), the company's strong foothold offers a significant competitve advantage through real estate related barriers to entry.

Industry

The health club industry is a relatively fragmented marketplace that is growing rapidly. In the last decade, the industry has grown sales approximately 7.5% per year and serves more than 40 million members (according to the International Health, Raquet & Sportsclub Association).

References

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