Industry Analysis & Industry Trends
The Sports Facilities industry contains two main types of sports facilities: large, professional sports venues and stadiums where many people are able to view professional sporting events and smaller, local sports venues that may or may not have spectator seating and where members of the public can participate in sporting and other activities. A wide range of professional and amateur sports groups use these facilities, usually leasing them from the owners or operators. A range of entertainment, cultural and other events can also be hosted in the industry's establishments.
During the five years through 2015-16, the industry benefited from rising health awareness and increasing demand for major sporting venues leading up to and during the 2012 London Olympics... purchase to read more
Industry Report - Industry Products Chapter
Renting and leasing of facilities
The main source of revenue received across the Sports Facilities industry is the rental and leasing of sports stadiums, venues and facilities to sports clubs, event management companies and other cultural and entertainment services organisations or simply to the general public. Rental agreements can include a single day or night for a one-off event or rental to sports clubs and other companies for short-term and long-term periods, but also for several years or seasons. This segment is estimated to account for 44% of industry revenue in 2015-16. This proportion has increased compared with the beginning of the period when both government funding and donations were lower in response to tighter economic conditions... purchase to read more