Article Abstract:
A number of significant developments will take place in the UK leisure property sector in 1999. There will be further growth in rents for health and fitness facilities, but operators are likely to become more demanding. Operators of family entertainment centres are also becoming more selective, preferring to be located next to multiplex cinemas. It is uncertain whether demand for leisure property will be sustained in 1999 and whether new operating approaches such as urban entertainment complexes will be successful.
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Article Abstract:
The huge success of out-of-town leisure complexes is due to their accessability, good car parking facilities, a wide choice of entertainment activities and a choice of films. However, stricter planning laws and the movement away from out-of-town schemes is forcing operators to examine in-town multi-leisure facilities. Their location and lack of amenities could mean that they are not as successful as their out-of-town equivalents, although they may attract a number of lifestyle, food and beverage retailers.
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Article Abstract:
There is no consensus in the UK leisure industry about the meaning of the term family entertainment centre (FEC). Some leisure operators have attempted to develop a unique FEC style, but have seen mixed success. Furthermore, developers are not really very aware of the issues that concern potential FEC operators. In many cases, potential operators will demand exclusivity clauses, thus making it impossible for a developer to include two FEC units in a single project.
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