The Hollywood Bowl recorded strong results over the summer as he stayed in the UK for his holidays.
After reopening in May, the group said it was “a long way off” to see an increase in expectations and sales in August increased by 50% compared to pre-pandemic levels in August 2019.
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Stephen Burns, CEO of Hollywood Bowl Group, commented on the results.
“It was great to welcome our customers in record numbers and see family and friends enjoying their time again at bowling and mini golf centres.”
The same growth rate was 29% from May 17th to September 30th.
Commenting on the results, AJ Bell Investment Director Russ Mold said: Income, boosted by people taking vacations in the UK during a slightly damp summer, has beaten pre-Covid levels by a substantial margin since the chain reopened in May.
“The tighter cost management has also seen significant improvements in profitability, which will provide the driving force to advance plans to add 14-18 new sites by 2024.
“Ten-Pin Bowling seems to be an activity that people feel safe as they come out of the pandemic. Despite being indoors, it has a good amount of space to observe social distancing. It’s a controlled environment,” he added.
