Britain's late-night hospitality sector faces challenges, with 2.8% fewer nightclubs and late-night bars than last year and a steep decline since pre-COVID levels. However, the wider evening economy has seen a 3.9% growth, particularly driven by new openings in themed and cocktail bars. Cities in the north, like Liverpool and Glasgow, showed a 4% increase in late-night venues, demonstrating a regional resilience. The report also highlights the struggles faced by independently-run venues post-COVID, which have closed at a concerning rate in comparison to managed groups.
Britain's late-night hospitality sector experienced hundreds of closures in the past year, yet new bars and experiential venues are revitalizing the evening economy.
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