town sports http://clubindustry.com/taxonomy/term/7437/more en Town Sports Reworks Board of Directors, Giardina to Serve as Non-Employee Board Member http://clubindustry.com/profits/town-sports-reworks-board-directors-giardina-serve-non-employee-board-member <div class="field-byline"> Pamela Kufahl, director of content and engagement </div> <div class="node-body article-body">The board of directors for Town Sports International Holdings Inc. (TSI), New York, has approved the immediate appointment of five new board members and the resignation of four members. In addition, former TSI CEO Robert Giardina will serve as a member of the board as a non-employee director.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/town-sports-reworks-board-directors-giardina-serve-non-employee-board-member" target="_blank">read more</a></p> http://clubindustry.com/profits/town-sports-reworks-board-directors-giardina-serve-non-employee-board-member#comments For-profits town sports Tue, 24 Mar 2015 21:12:00 +0000 38671 at http://clubindustry.com <p>Town Sports International is making changes to its board as it pursues a possible sale and a possible move back to a private company. <em>Photo courtesy of Town Sports International.&nbsp;</em></p> Town Sports International Opens Second BFX Studio While Continuing Expansion of Low-Price Brand http://clubindustry.com/profits/town-sports-international-opens-second-bfx-studio-while-continuing-expansion-low-price-brand <div class="field-byline"> Pamela Kufahl, director of content and engagement </div> <div class="node-body article-body">Town Sports International (TSI), New York, has opened its second luxury boutique facility while continuing its low-price model expansions with its Sports Club brand. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/town-sports-international-opens-second-bfx-studio-while-continuing-expansion-low-price-brand" target="_blank">read more</a></p> http://clubindustry.com/profits/town-sports-international-opens-second-bfx-studio-while-continuing-expansion-low-price-brand#comments For-profits town sports Mon, 23 Mar 2015 18:18:00 +0000 38571 at http://clubindustry.com <p>Town Sports International&#39;s second BFX Studio includes floor-to-ceiling windows, historical architectural details and this private session training floor among other features in the Financial District of New York City. <em>Photo courtesy of Town Sports International.&nbsp;</em></p> Town Sports Commits $5 Million in First Quarter 2015 to Promote Low-Price Model http://clubindustry.com/profits/town-sports-commits-5-million-first-quarter-2015-promote-low-price-model <div class="field-byline"> Pamela Kufahl, director of content and engagement </div> <div class="node-body article-body"><p>Town Sports International Holdings Inc. (TSI), New York, will spend $5 million in advertising and marketing to promote the move of 84 percent of its health clubs to its premier membership high-value, low-price (HVLP) model, the company announced today. By comparison, TSI spent <money>$1.6 million</money> on advertising and marketing in first quarter 2014.</p></div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/town-sports-commits-5-million-first-quarter-2015-promote-low-price-model" target="_blank">read more</a></p> http://clubindustry.com/profits/town-sports-commits-5-million-first-quarter-2015-promote-low-price-model#comments For-profits town sports Tue, 10 Mar 2015 19:28:00 +0000 38251 at http://clubindustry.com <p>Town Sports International will spend four times more money in the first quarter of this year to promote its low-price club model, as it looks to have 84 percent of its clubs converted to this model by the end of May. <em>Photo courtesy of TSI.&nbsp;</em></p> Town Sports International's Transition Year Results in Revenue Decrease in Q4 2014 http://clubindustry.com/profits/town-sports-internationals-transition-year-results-revenue-decrease-q4-2014 <div class="field-byline"> Pamela Kufahl, director of content and engagement </div> <div class="node-body article-body">Town Sports International experienced revenue decreases in fourth quarter and full year 2014 as it transitioned to a new pricing model by converting many of its clubs to high-value, low-priced facilities. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/town-sports-internationals-transition-year-results-revenue-decrease-q4-2014" target="_blank">read more</a></p> http://clubindustry.com/profits/town-sports-internationals-transition-year-results-revenue-decrease-q4-2014#comments For-profits town sports Freemium Wed, 25 Feb 2015 23:06:00 +0000 37741 at http://clubindustry.com <p>Town Sports International transitioned a majority of its clubs to a high-value, low-price model, resulting in a decrease in revenue for 2014. <em>Photo by Stuart Goldman.</em></p> Town Sports Evaluates Sale Possibility, Switches Up Management http://clubindustry.com/profits/town-sports-evaluates-sale-possibility-switches-management <div class="node-body article-body">Town Sports International is evaluating whether to sell the company, and has moved Daniel Gallagher into the CEO role while former CEO Robert Giardina has been appointed executive chairman.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/town-sports-evaluates-sale-possibility-switches-management" target="_blank">read more</a></p> http://clubindustry.com/profits/town-sports-evaluates-sale-possibility-switches-management#comments For-profits town sports Wed, 25 Feb 2015 21:18:00 +0000 37731 at http://clubindustry.com <p>Possible sale on the horizon for publicly traded Town Sports International. <em>Photo courtesy of Town Sports International.</em></p> Analysts Upgrade Stocks for Life Time Fitness and TSI http://clubindustry.com/profits/analysts-upgrade-stocks-life-time-fitness-and-tsi <div class="field-byline"> Amy Fischbach, contributing news writer </div> <div class="node-body article-body">Changes at Life Time Fitness and Town Sports International have led to a rebound and a steady hold in stock prices for the public companies, causing upgrades by analysts. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/profits/analysts-upgrade-stocks-life-time-fitness-and-tsi" target="_blank">read more</a></p> http://clubindustry.com/profits/analysts-upgrade-stocks-life-time-fitness-and-tsi#comments For-profits lifetime fitness town sports Freemium Tue, 20 Jan 2015 22:32:00 +0000 36251 at http://clubindustry.com <p>Various moves by LIfe Time Fitness have led to the company&#39;s stock prices increasing and bullish behaviour toward the company by analysts. <em>Photo courtesy of Life Time Fitness.</em></p> Thomas Plummer Nominated to TSI Board of Directors http://clubindustry.com/town-sports/thomas-plummer-nominated-tsi-board-directors <div class="node-body article-body">Thomas Plummer, a fitness industry veteran and the owner of the National Fitness Business Alliance (NFBA), has been nominated to the board of directors of Town Sports International (TSI), New York.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/town-sports/thomas-plummer-nominated-tsi-board-directors" target="_blank">read more</a></p> http://clubindustry.com/town-sports/thomas-plummer-nominated-tsi-board-directors#comments town sports Tue, 13 Jan 2015 20:23:00 +0000 36011 at http://clubindustry.com TSI Ramping Up Conversion to Low-Price Model http://clubindustry.com/town-sports/tsi-ramping-conversion-low-price-model <div class="node-body article-body">Town Sports International (TSI), which announced a plan to convert a number of its clubs to a low-price model last year, is intensifying that conversion in 2015.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/town-sports/tsi-ramping-conversion-low-price-model" target="_blank">read more</a></p> http://clubindustry.com/town-sports/tsi-ramping-conversion-low-price-model#comments town sports Tue, 13 Jan 2015 20:06:00 +0000 36001 at http://clubindustry.com TSI Revenue, Net Income Drop in Third Quarter http://clubindustry.com/town-sports/tsi-revenue-net-income-drop-third-quarter <div class="node-body article-body">Town Sports International (TSI), New York, saw decreases in revenue, net income and membership in third quarter 2014, according to an announcement on Monday.</div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/town-sports/tsi-revenue-net-income-drop-third-quarter" target="_blank">read more</a></p> http://clubindustry.com/town-sports/tsi-revenue-net-income-drop-third-quarter#comments town sports Freemium Tue, 11 Nov 2014 17:07:00 +0000 34141 at http://clubindustry.com TSI Opens Three New Boston Sports Clubs http://clubindustry.com/town-sports/tsi-opens-three-new-boston-sports-clubs <div class="node-body article-body">Town Sports International (TSI), New York, announced the opening of three new Boston Sports Clubs, bringing the total of TSI clubs in the Boston area to 32. </div> <div class="og_rss_groups"></div><p><a href="http://clubindustry.com/town-sports/tsi-opens-three-new-boston-sports-clubs" target="_blank">read more</a></p> http://clubindustry.com/town-sports/tsi-opens-three-new-boston-sports-clubs#comments town sports Fri, 07 Nov 2014 22:11:00 +0000 34121 at http://clubindustry.com