CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
GWS-EMEA-UK-Insights_Experiential Leisure banners_Hero-mobile.png GWS-EMEA-UK-Insights_Experiential Leisure banners_Hero-Large.png

INSIGHTS

Experiential Leisure

Access our Playgrounds of Tomorrow report into the UK’s Experiential Leisure market. Our research analyses the demand drivers for experiential leisure, discusses future supply trends and evaluates how experiential leisure can complement wider placemaking schemes.

Our exclusive research into the UK’s experiential leisure sector

A multitude of exciting experiential leisure venues that go beyond traditional food and drink offerings have taken centre stage within the city’s night life over recent years. Categorised as a blend of interactive games and exciting night-time venues, experiential leisure has become a key proponent of social lives in cities across the country, with the UK emerging as the premier market for prime competitive socialising operators. 

In our latest report, Playgrounds of Tomorrow, we build on our My City reports and RETHINKING: The Shape of Real Estate 2040 analysis to explore the following critical questions:

  • What is experiential leisure and how can it be defined?
  • What factors have facilitated the emergence of the experiential leisure sector in the UK?
  • Where are the opportunities for further growth?
  • What value does experiential leisure create for real estate stakeholders?
  • How can experiential leisure be leveraged to complement and strengthen placemaking initiatives?

This analysis allows us to then summarise the nature of the opportunity for the sector as occupiers of prime real estate as well as analyse the risk factors within the experiential leisure sector.

FAQ’s

Despite some rental growth in prime retail markets, many are still right sizing their retail footprints. The strong performance of the occupational market in 2023 has reduced vacancy rates in prime retail real estate, limiting available units and increasing competition. However, ongoing adjustments, particularly in regional towns and cities, will continue to create opportunities due to structural changes. Surplus retail space, especially in retail banking, cinemas, and nightclubs, is expected to remain available as requirements evolve.

As the sector matures, leading operators will leverage economies of scale to reduce costs and increase profits. Large operators using modular concepts and franchise models will gain competitive advantages and access prime retail real estate. Early signs show operators paying prime rents and securing prime locations, a trend expected to continue.

The modern classic sector faces risks as consumer interest wanes, requiring significant investment in new concepts and technologies to stay relevant. Those unable to innovate will likely lose out. Mixed-use and blended operators, with their diversified offerings, are more resilient to these risks.

Contacts

Dominic Bouvet - London
Dominic Bouvet

Head of Retail, UK
London, United Kingdom


Download VCard

Matthew Ashman - London
Matt Ashman

Head of London Leisure & Restaurants
London, United Kingdom


Download VCard

Matthew-Englender-Headshot
Matthew Englender

Associate - F&B and Leisure
London, United Kingdom


Download VCard

ed bavister
Edward Bavister

Associate, Head of Retail, Logistics and Industrial Research
London, United Kingdom


Download VCard

Featured insights

Paris Report
Research

Hospitality Real Estate in Paris

Dive into the dynamics of the Parisian hotel market with Cushman & Wakefield’s latest study, an essential resource to understand the challenges and investment opportunities in hospitality real estate in Paris.
Bořivoj Vokřínek • 17/12/2024
hotel
Research

Overview of sustainability protocols for tourism

Tourism contributes to 13% of Italy’s GDP, and is a key element of the nation’s economy.
Leonardo Gaggia • 10/12/2024
V&A Web Graphic_Q3 2024_Web Card_opt 1.jpg
Research

​​InnSights Quarterly Q3 2024 Hospitality Report​

We highlight the key dynamics of the Canadian hospitality sector, along with a glance at the hotel cap rates across Canadian markets.
Brian Flood • 27/11/2024
Web Card_US Lodging H1 2024.jpg
Research • Valuation

U.S. Lodging Overview – H1 2024

The shifts of the U.S. lodging market in recent years are now well accepted. The COVID-19 pandemic has structurally changed the way we work, travel, and use hotels.
Tom Rowley • 28/10/2024
pillows on hotel double bed
MarketBeat

Hospitality Market Trends & Data

The latest hospitality market insights are based on the in-depth analysis of our extensive data sets, surveys of investors, operators and lenders and up-to-date market intelligence from our team members on-the-ground in all major European markets.

Bořivoj Vokřínek • 30/08/2024
2021 Financial Services Retail Banking Spotlight Card
Article • Economy

The Opening Gambit for Central Banks: Unravelling the 'Who Cuts First?'

Anticipating a pivotal change in monetary policy, we assess the potential consequences of central bank rate cuts on commercial real estate, with a focus on debt costs and investment strategies.
Sukhdeep Dhillon • 02/05/2024
Office Buildings
Research • Investment / Capital Markets

European Glide Path Report

Our Report provides a synthesised view of the key themes and questions permeating the European capital markets landscape.
Sukhdeep Dhillon • 28/09/2023
europe-banking-system-web-card
Insights • Workplace

European Banking System: Not a Simple Game of Dominos

Given the recent volatility in the Banking sector following the collapse of a few U.S. mid-sized to small banks causing concerns over the potential for a financial crisis, Cushman & Wakefield Research provides its analysis on what this means for Europe and the commercial real estate sector. 
Sukhdeep Dhillon • 28/03/2023
emea-macro-outlook-mobile
Research • Economy

European Macro Outlook: What’s in a number?

Two consecutive quarters of negative growth is the technical definition of a recession. There has been a great deal of debate on whether the economies of the euro area and the UK are in a recession.
Sukhdeep Dhillon • 03/03/2023
10-Critical-Question-for-2023-web-card
Research • Economy

​​10 Critical Questions for 2023​ EMEA

10 critical questions we’re asking as we look out at the horizon at 2023. 
Sukhdeep Dhillon • 31/01/2023
Looking Beyond Covid-19: In For The Extended Stay In China’s Hotel Industry
Research

Looking Beyond Covid-19: In For The Extended Stay In China’s Hotel Industry

During the peak of the COVID-19 outbreak in China, the national tourism industry suffered greatly, largely as a result of the travel restrictions imposed to stop the spread of the virus. With tourist travel essentially coming to a halt, bookings and occupancy rates plummeted, and hotel owners and operators in China have faced unprecedented pressure. 

Shaun Brodie • 08/06/2020

NEED COMMERCIAL REAL ESTATE ADVICE?

Contact our team for the latest on the real estate markets.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS