Britain is in cost-of-clubbing crisis as cash-strapped youngsters cut down on nights out
BRITAIN is in a cost-of-clubbing crisis as youngsters ease up on nights out, a survey suggests.
A third of those polled are not hitting the town as much as last year to save money.
University students are being hit particularly hard by financial woes, nightclub bosses said.
Peter Marks, chairman at Rekom UK, which runs the Atik and Pryzm clubs, said: “We have people enjoying similar nights out but going less often because they have had to take a second look at their budgets.
“You have to feel sorry, in particular, for students.
“Having had their studies disrupted by Covid-19, a return to normality should be what they were looking forward to.”
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Spending on nights out is relatively stable at about £74 a head but the reduced frequency is hammering the sector.
A third of clubs have closed since 2020, although spending is still strong among older partygoers.
Russell Quelch, executive director of Rekom, which runs 46 clubs and bars across the UK, said: “The late-night sector must adapt and evolve as a result of these changing behaviours.”