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Town Sports International transitioned a majority of its clubs to a highvalue lowprice model resulting in a decrease in revenue for 2014 Photo by Stuart Goldman
<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 International's Transition Year Results in Revenue Decrease in Q4 2014

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.&nbsp;

In 2014, Town Sports International (TSI), New York, embarked on two changes that it says can account in part to the decrease in its revenue for fourth quarter 2014 and full-year 2014. The company transitioned many of its clubs from mid-priced to what it is calling high-value, low-price (HVLP) clubs. It also opened its first BFX Studio in September. However, company officials noted in a conference call with financial analysts today that it expects improvements during 2015,

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