Town Sports International Holdings, Inc., through its subsidiaries, engages in the ownership and operation of fitness clubs. Its clubs offer open fitness area to accommodate cardiovascular and strength-training equipment; special purpose rooms for group fitness classes and other exercise programs; cycling studios; sports clubs for kids; locker rooms, including shower facilities, towel service, and other amenities, such as saunas; babysitting; and a pro-shop. The company’s fitness clubs also offer personal training services; fee-based programming, including programs targeted at children, members, and nonmember adult customers; and other facilities consisting of swimming pools, and racquet and basketball courts at various locations. Town Sports International Holdings operates its fitness clubs under the brand names, such as New York Sports Clubs, Boston Sports Clubs, Philadelphia Sports Clubs, and Washington Sports Clubs. As of December 31, 2007, it operated 161 fitness clubs, including 111 clubs in the New York metropolitan market, 22 clubs in the Boston market, 18 clubs in the Washington, D.C. market, 7 clubs in the Philadelphia market, and 3 clubs in Switzerland. The company was founded in 1973 and is headquartered in New York, New York.