
Spotlight: UK Leisure – 2024
Contains 6 articles"Leisure spending has seen a continued uptick in performance over the last 12 months, in spite of consumer belt-tightening and cost of living increases"

"Leisure spending has seen a continued uptick in performance over the last 12 months, in spite of consumer belt-tightening and cost of living increases"

"Competitive socialising has firmly established itself as a stalwart of the leisure market, whilst immersive leisure is the fastest-growing subsector in the UK’s major city centres"

"Concerns over occupier credit post-pandemic and the trade performance of UK cinemas have resulted in a lack of interest in multi-let leisure schemes; however, recent transactions suggest a brighter year ahead for the leisure investment market"

"Consumers are still prioritising spending on eating and drinking out, as well as at-home delivery; however, their spending patterns remain polarised"

"The competition for drive-thru space has become increasingly fierce as their popularity with the consumer continues to grow"

"Gym memberships continue to improve alongside appetite for expansion, particularly in the out-of-town retail sector"

"Box office revenues improve as Hollywood gets its act together, which comes at the right time for multiscreen operators"

"Although investor confidence has been on the back foot for a number of months, the occupational fundamentals for prime commercial stock remain positive"

"2024 will be a turning point for the UK commercial property investment market, with higher turnover than 2023 and selective prime yield hardening"

"As we head into 2024, Savills retail and leisure team ponder the key growth sectors to watch out for in the year ahead"