Bars & Nightclubs in the US
Glass half full: High unemployment and low disposable income drove consumers away from luxuries like trips to bars and nightclubs. As people cut down on spending across the board, the industry suffered. Competition from a rising trend of consumers preferring to drink at home also hampered the industry over the past five years. Improving conditions across the economy, which will speed up starting in 2013, will bring the industry back to solid health in the near future.
This industry comprises bars, taverns, pubs, lounges, nightclubs and other drinking places primarily engaged in preparing and serving alcoholic beverages for immediate consumption. These establishments may also provide limited food services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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