Hollywood Bowl Reports Record Revenues of £230.4 Million

Hollywood Bowl has reported record revenues of £230.4 million for the year ending September, a 7.2% increase from the previous year, with UK revenues rising nearly 4% and a remarkable 42% growth in Canada following the opening of new centers. The company expects full-year earnings to exceed £65 million, surpassing analysts' predictions, due to increased customer spending and successful refurbishments at its bowling alleys. Chief Executive Stephen Burns highlighted the company's strategy of expanding its estate and enhancing customer experience as key drivers of this growth. Hollywood Bowl plans to open four additional centers in the UK within the next year, aiming for a total of 130 centers by 2035. The company attributes its success to the demand for affordable leisure activities, particularly as families seek budget-friendly outings amid rising living costs. Overall, Hollywood Bowl's strong financial position allows for continued investment in growth and improvements across its centers.