Hollywood Bowl Group has reported an “excellent financial and operational performance in the UK and Canada” in its trading update report for the financial year ending September 30, 2023.
The report states that its total revenue was £215m, an increase of 11per cent on 2022.
Hollywood Bowl said its UK trading was “driven by a combination of strong demand for its high-quality, affordable, family-friendly offer and favourable UK weather conditions during the school summer holidays.”
The company added that its “ongoing approach to investing in its customer experience as well as its active refurbishment strategy drove new customer visits to its centres and saw existing customers visit more frequently, with increased dwell time boosting spend-per-game.”
Hollywood Bowl said its new centre opening strategy is progressing well with three UK centres opened in the year; Hollywood Bowl Merry Hill in September 2023, Hollywood Bowl Speke and Puttstars Peterborough in November 2022.
The report added that its Canadian business continues to perform well.
