Multi-leisure Parks - UK - September 2008

Table of Contents

• Issues in the Market
• Main issues
• Definition
• Abbreviations
• Market in Brief
• Rate of growth slows as site availability and funding dry up
• Shift in emphasis to combined retail and leisure schemes
• A family-friendly image
• Quality and character are an issue for some
• Cinema continues to underpin the industry
• Shift in mix as developments move closer to centres
• Internal Market Environment
• Key points
• Cinemas remain the key
  • Figure 1: Agreement with the statements ' I am a regular cinema-goer' and ' I enjoy seeing films at the cinema rather than on TV' , 2001-07
  • Figure 2: UK cinema admissions, 2003-08
• Revenues hold up when times are tough
  • Figure 3: Trends in selected areas of discretionary expenditure, at current and constant prices, 1989-94
• Eating out trends
  • Figure 4: Forecast of the UK market for eating out, 2003-13
• Consumers' available leisure time
  • Figure 5: Weekday leisure time, May 2008
  • Figure 6: Weekend leisure time, May 2008
• Cars drive business
  • Figure 7: Household ownership of cars, 2001-07
• Planning policy conflict?
• Broader Market Environment
• Key points
• PDI and consumer spending under pressure
• Growing numbers of young people to target
  • Figure 8: Trends in the age structure of the UK population, by gender, 2003-13
• More affluent population positive for multi-leisure
  • Figure 9: Forecast adult population trends, by socio-economic group, 2003-13
• Operators may be forced to look outside the family
  • Figure 10: Forecast adult population trends, by lifestage, 2003-13
• Competitive Context
• Key points
• Competing on several fronts
  • Figure 11: Consumer expenditure on selected leisure goods and activities, 2003-07
• Early signs of changes in spending priorities
  • Figure 12: Expenditure priorities, 2007 and 2008
• Strengths and Weaknesses in the Market
• Strengths
• A safe, secure environment
• Anchored by a steady, mature sector
• Plentiful, free parking
• Ease of access
• Wide choice of facilities
• Weaknesses
• The planning system
• Overemphasis on chains
• Lack of choice within sectors
• Access issues for out-of-town and edge-of-town sites
• Lack of focus on alcohol
• Market Size and Segmentation
• Key points
• Rate of expansion slows
  • Figure 13: Type of retail or leisure park scheme in the UK, 2003-08
  • Figure 14: Multi-leisure developments in UK according to Mintel' s criteria, 2008
• Youth-focused developments offer a different mix
  • Figure 15: Type of retail or leisure park scheme in the UK, by leisure facilities included, 2008
• Long-term shift towards town centres
• Sites getting smaller
• All under one roof to take priority in future
• Companies and Products
• Key points
• Leading multi-leisure sites
  • Figure 16: Top 20 multi-leisure sites in the uk, by size, 2008
• Cineworld leads the way in cinema sector
  • Figure 17: Leading cinema multi-leisure brands, 2008
• Restaurant Group the dominant force in eating out
  • Figure 18: Leading eating out multi-leisure brands, 2008
• Pub and bars split between food- and wet-led brands
  • Figure 19: Leading pub and bar multi-leisure brands, 2008
• Gala leads the way in bingo
  • Figure 20: Leading bingo multi-leisure brands, 2008
• Two main players fight it out in tenpin
  • Figure 21: Leading tenpin bowling multi-leisure brands, 2008
• Hotly contested health and fitness sector
  • Figure 22: Leading health and fitness multi-leisure brands, 2008
• Budget brands dominate hotel offer
  • Figure 23: Leading hotel multi-leisure brands, 2008
• No clear leader in casinos
  • Figure 24: Leading casino multi-leisure brands, 2008
• Leisure Venue Visiting
• Key points
• Going out during the week and at the weekend
  • Figure 25: Frequency of visiting leisure venues, 2000-08
• Weekend visitors
• Weekday visitors
• Correlation between weekend and weekday leisure venue visitors
  • Figure 26: Frequency of visiting leisure venues at the weekend, by frequency of visiting leisure venues during the week, April 2008
• Popular Facilities at Multi-Leisure Parks
• Key points
• Cinema and food underpins multi-leisure offer
  • Figure 27: Popular facilities at multi-leisure developments, 2000-08
• Appetite for some facilities diminishes
• Main features have a broad appeal...
• ...but more targeted offerings are becoming more feasible
• Targeting the regulars
  • Figure 28: Popular facilities at multi-leisure developments, by frequency of visiting leisure venues, April 2008
• Restaurants as ' feeders'
• Appendix: Broader Market Environment
  • Figure 41: Trends in personal disposable income and consumer expenditure, 2003-13
• Appendix: Leisure Venue Visiting
• Visiting leisure venues at the weekend -- detailed demographics
  • Figure 42: Frequency of visiting leisure venues at the weekend, by demographic sub-group, April 2008
• Visiting leisure venues during the week -- detailed demographics
  • Figure 43: Frequency of visiting leisure venues during the week, by demographic sub-group, April 2008
• Appendix: Popular Facilities at Multi-Leisure Parks
• Popular facilities -- detailed demographics
  • Figure 44: Most popular facilities at multi-leisure developments, by demographic sub-group, April 2008
  • Figure 45: Next most popular facilities at multi-leisure developments, by demographic sub-group, April 2008
  • Figure 46: Other popular facilities at multi-leisure developments, by demographic sub-group, April 2008
• Combinations of popular facilities
  • Figure 47: Combinations of most popular facilities at multi-leisure developments, April 2008
  • Figure 48: Combinations of next most popular facilities at multi-leisure developments, April 2008
  • Figure 49: Combinations of other popular facilities at multi-leisure developments, April 2008