Britain’s biggest nightclubs group wants to quadruple its number of venues to 200.
Rekom UK, whose brands include Pryzm and Fiction, already has 51 clubs and bars.
It aims to hit the new target by 2028 and is looking to snap up sites in major cities such as Manchester and Liverpool.
‘Affordable treat’: Demand is strong on Saturday nights despite the cost-of-living crisis
Demand is strong on Saturday nights despite the cost-of-living crisis, chief executive Peter Marks told The Mail on Sunday. But weeknights are becoming more subdued.
‘What we’re seeing now is more movement to the weekend and that people are very led by big events such as Halloween, New Year and birthdays,’ Marks said. ‘Monday to Thursday were never a big part of trading, they’ve definitely dropped back a bit. Friday is stronger and then Saturday is OK.’
The company says its main customers – young people and students – are less likely to be hit by rising household prices and see clubbing as an ‘affordable treat’.
Nightlife firms are still recovering from months of closures during the pandemic.
Marks said he is keen to open Rekom’s first Central London venue. However, he is focusing efforts on regional cities where it can have multiple bars and clubs in ‘clusters’, which it has done in Cardiff. ‘We’ve got nothing in Liverpool, Manchester, Newcastle or Glasgow, so these are obviously targets for us,’ he said.
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