Industry Analysis & Industry Trends
The music has stopped for many nightclubs during the past five years. Legislation that extended the licensing hours of other drinking establishments removed the industry's main competitive advantage. This legislation pushed the industry into a long-term decline, which has continued throughout the past five years. Whereas late-night revellers once had to go to nightclubs, they can now stay at a pub or bar and enjoy a wider selection of drinks, cheaper prices and a more relaxed atmosphere.
Operators are increasingly facing common challenges regarding regulation, licensing, planning, business rates and policing. Consequently, nearly half of nightclubs in Britain have shut their doors in the last decade, according to the Association of Licensed Multiple Retailers (ALMR)... purchase to read more
Industry Report - Industry Products Chapter
Nightclubs provide musical entertainment, alcohol and space for dancing. More specific services can include the type of beverages on offer, the theme of a club, the music being played or even special seating arrangements offered to patrons. The main points of difference tend to emerge from a club's theme, which is heavily defined by the type of music it plays. As clubs are seeking to draw in a wider audience and audiences are becoming more particular in their musical tastes, many clubs are catering to different musical interests on different days of the week.
The main source of club revenue is drinks, most of which are alcoholic. Beer and spirit-based mixers are popular choices for those attending nightclubs, but operators usually offer a full range of options... purchase to read more