Industry Analysis & Industry Trends
The music stopped for many nightclubs over the past five years due to legislation that extended the licensing hours of other drinking establishments. Nightclubs have lost their competitive advantage because late-night revellers can now stay in pubs or bars with a wider selections of drinks, lower prices and a more relaxed atmospheres. As a result, the industry has entered into a long-term decline.
Approximately one-quarter of nightclubs have closed in the past decade as operators have struggled to respond to new challenges from regulation, licensing, planning, business rates and policing. Many consumers purchase cheap supermarket alcohol to drink before going out rather than buying more expensive drinks in establishments, constraining industry revenue... purchase to read more
Industry Report - Industry Locations Chapter
The South East
The South East is estimated to account for the largest share of industry establishments, with 13.4% of establishments in 2016-17. The region is densely populated and its residents tend to have high disposable incomes, which makes the area highly attractive to nightclub operators. Brighton and Portsmouth both have a large number of clubs and contribute highly to the region’s share of establishments.
The North West
The North West accounts for 11.7% of industry establishments, outweighing its 11% share of the population. Large cities such as Manchester and Liverpool have vibrant nightlife scenes and are home to many nightclub operators. The.. purchase to read more