Hollywood Bowl: Record revenue for ten-pin bowling operator but shares drop hospitality Ten-pin bowling operator Hollywood Bowl has reported record revenue this year as Brits continue to flock to competitive socialising venues. The firm, which operated 85 venues across the UK and Canada, said revenue rose 7.1 per cent in the year ended 30 September 2024, from £215.1m to £230.4m. Earnings before interest, tax, depreciation and amortisation [...]
Hollywood Bowl hikes guidance despite slower revenue growth hospitality Hollywood Bowl, the owner and operator of bowling alleys across the UK and Canada, has raised its guidance despite slower revenue growth in the UK. In a trading update for the year ended 30 September, the company said it expected to report earnings before interest, tax, depreciation and amortisation (EBTIDA) for the year ahead of [...]
The Light: Leisure and cinema chain backed by Luke Johnson Business Seasoned investor Luke Johnson has backed leisure and cinema company The Light in yet another sign that the competitive socialising sector is heating up. Revolution Bars’ newly-appointed chair has acquired The Light – which operates an entertainment model including bowling alleys, mini golf and cinemas – along with a co-investment from cinema and leisure investors Melcorpo. [...]
Guinness World Records to open London leisure venue September 30, 2024 Guinness World Records' central London competitive socialising venue is expected to welcome nearly 11,000 visitors every month.