Spotlight: UK Leisure – 2024
Contains 2 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"
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"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"
"The importance of brick-and-mortar clothes stores shouldn’t be underestimated. "
"As we head into 2024, Savills retail and leisure team ponder the key growth sectors to watch out for in the year ahead"
"Out-of-town retail destinations have seen increasing competition for F&B space as consumers continue to recognise the convenience of their locations, leading to a significant uplift in the rents that can be achieved at this format"
"Headwinds are afoot but they are unlikely to blow the market off course."
"Ongoing headwinds dampen consumer confidence"
"The grocery sector is undoubtedly at a crunch point between supply issues and rising prices; however, this will continue to drive the strong discounter portfolio growth that has been prevalent in recent years"
"Investment transactional appetite is ahead of pre-pandemic levels with the highest volumes in Q1 since 2017"
"Consumer confidence remains suppressed, however, a fall in spend hasn’t been homogeneous across all retail segments, highlighting strong resilience in the grocery sector"