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View Full Version : Top Tier vs. Hole in the wall club earnings



Kylea2
05-24-2009, 07:20 PM
Just thought some of you may be interested in reading this:

http://vcgh.client.shareholder.com/releasedetail.cfm?ReleaseID=383989

VCGH Holdings ranks it's clubs as A, B or C... with A qualifying as top tier clubs. According to their first quarter report for 2009 the top clubs aren't doing so well and the B & C clubs are picking up the slack. This could be evidence that the customers are going to lower end clubs where they *think* they will get more for their money.

minnow
05-25-2009, 12:32 AM
K2: Which of the clubs in VCG would be the "A" clubs?

Kylea2
05-25-2009, 12:42 AM
I've actually read somewhere which clubs where classified into A, B or C. Just guessing I would say their "A" tier is Diamond Cabaret, but with the purchase of La Boheme that could have changed. If their are more in the "A" tier I would think they would be Penthouse and La Boheme.

Kylea2
05-25-2009, 12:47 AM
Okay, that wasn't difficult to find!

http://www.5280.com/issues/2005/0510/feature.php?pageID=129

These are only for Denver, but pretty much the A tier clubs are the places that serve meals like steaks and have VIP rooms. B Tier Are the clubs that are more fun and bring in lots of customers, probably over 21 in most areas though. C Tier are the low end club and probably the ones that are full nude catering to a very young crowd.

A Tier
----------------
Diamond Cabaret
Penthouse


B Tier
----------------
PT's Showclub


C Tier
---------------
PT's All Nude

Earl_the_Pearl
05-25-2009, 01:43 AM
Every area of revenue is down except the "service" area.