Berliner Boersenzeitung - Gen Z shift, high costs force UK nightclubs to reinvent

EUR -
AED 4.095707
AFN 71.375524
ALL 90.629125
AMD 401.864619
ANG 1.996035
AOA 1022.672924
ARS 1723.922219
AUD 1.618655
AWG 2.010215
AZN 1.895337
BAM 1.951988
BBD 2.245914
BDT 138.888795
BGN 1.949246
BHD 0.421306
BIF 3336.609061
BMD 1.115237
BND 1.429006
BOB 13.37648
BRL 6.134826
BSD 1.115123
BTN 104.674643
BWP 15.362036
BYN 3.339603
BYR 21858.651068
BZD 2.242801
CAD 1.572284
CDF 2581.774682
CHF 0.91503
CLF 0.027739
CLP 1091.805975
CNY 7.459268
CNH 7.438833
COP 3615.208992
CRC 505.721557
CUC 1.115237
CUP 26.764537
CVE 110.050107
CZK 24.332021
DJF 198.585581
DKK 7.475279
DOP 67.762239
DZD 152.073356
EGP 60.124507
ERN 16.728559
ETB 183.029391
FJD 2.526681
FKP 0.82712
GBP 0.834326
GEL 2.90513
GGP 0.82712
GHS 13.030141
GIP 0.82712
GMD 83.078765
GNF 9876.713947
GTQ 8.521361
GYD 233.783976
HKD 8.743577
HNL 29.972489
HRK 7.549052
HTG 146.154436
HUF 363.147469
IDR 20196.89173
ILS 3.549723
IMP 0.82712
INR 104.839499
IQD 1690.61247
IRR 2109307.411394
ISK 136.839321
JEP 0.82712
JMD 176.974426
JOD 0.790714
JPY 176.486031
KES 144.880684
KGS 97.525046
KHR 4543.433679
KMF 491.819516
KPW 1003.713526
KRW 1518.808077
KWD 0.346794
KYD 0.929448
KZT 499.850844
LAK 25086.451852
LBP 99861.479711
LKR 370.819259
LRD 189.582556
LSL 18.44129
LTL 3.293006
LVL 0.674596
LYD 7.136066
MAD 10.900218
MDL 19.933417
MGA 5067.286962
MKD 61.5824
MMK 2341.945843
MNT 4017.053808
MOP 9.002227
MRU 45.02009
MUR 52.449594
MVR 17.236008
MWK 1933.754044
MXN 20.794871
MYR 4.529091
MZN 71.274602
NAD 18.442528
NGN 1502.804634
NIO 41.039862
NOK 10.525626
NPR 167.47923
NZD 2.009351
OMR 0.428801
PAB 1.115197
PEN 3.841399
PGK 5.082031
PHP 70.381556
PKR 308.402558
PLN 4.394961
PYG 6969.547044
QAR 4.075748
RON 5.341543
RSD 117.528191
RUB 91.34446
RWF 1645.99659
SAR 4.187376
SBD 8.979576
SCR 15.328421
SDG 670.814858
SEK 11.021667
SGD 1.429924
SHP 0.83146
SLE 25.550526
SLL 23385.973454
SOS 637.298419
SRD 41.914518
STD 23083.160442
STN 24.452253
SVC 9.756948
SYP 14500.315015
SZL 18.43624
THB 37.422868
TJS 10.287089
TMT 3.914483
TND 3.336784
TOP 2.685223
TRY 55.937537
TTD 7.562233
TWD 36.572088
TZS 2947.016612
UAH 50.516904
UGX 4561.114057
USD 1.115237
UYU 44.862398
UZS 13306.017617
VES 996.76453
VND 28530.558211
VUV 133.285758
WST 3.098703
XAF 655.957
XAG 0.021556
XAU 0.000275660932
XCD 3.013984
XCG 2.009631
XDR 0.788531
XOF 655.957
XPF 119.331742
YER 263.391144
ZAR 18.42628
ZMK 10038.473066
ZMW 22.660174
ZWL 359.105955
SSP 6407.257042
MXV 2.339505
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Gen Z shift, high costs force UK nightclubs to reinvent
Gen Z shift, high costs force UK nightclubs to reinvent / Photo: JUSTIN TALLIS - AFP

Gen Z shift, high costs force UK nightclubs to reinvent

Is the party over? UK nightclubs are famed around the world, but Covid and inflation have hit the sector hard, forcing businesses to reinvent themselves to attract new generations to the dance floor.

Text size:

Pryzm Kingston is a well-known club in southwest London popular with students, where artists like Billie Eilish, Rod Stewart, and Stormzy have performed.

But the converted cinema closed its doors for renovation last month, with its owners saying it was time to "look to the future and reimagine this venue for the next generation of partygoers."

It will be transformed into a smaller club and a dance bar -- "creating venues that reflect what people are looking for now," they added.

Many other British clubs are also trying to re-adjust after around a third of them, about 400 venues, have shut down since 2020, according to the Night Time Industries Association (NTIA).

"Whilst nightclubs were in gentle decline prior to Covid, the pandemic profoundly accelerated things," Tony Rigg, a music industry consultant, told AFP, noting that the cost-of-living crisis had sent bills and rents soaring.

As the first pints of the evening were poured in central London, 26-year-old account manager Conor Nugent told AFP he only goes clubbing for "special occasions," after asking himself "if it's really worth it."

Like 68 percent of 18-to-30-year-olds, the Londoner has cut back on nights out for financial reasons and prefers to save up for concerts and events.

Rigg pointed out that Covid-19 caused a "cultural shift" among Gen Z — those born between 1997 and 2012 — who generally drink less alcohol and largely miss out on the "rite of passage of going out, experiencing clubs and learning some social behaviours."

- Lure of Paris, Berlin -

Rekom UK, the company behind iconic clubs like Pryzm and Atik, filed for bankruptcy in 2024, shutting down 17 venues across the country, citing multiple pressures.

About 20 others, including Kingston, were acquired by Neos Hospitality, which decided to convert some into dance bars or host alcohol-free events.

"The sector has to evolve otherwise it will become obsolete," Rigg acknowledged.

To stop hemorrhaging party-seekers lured by Berlin or Paris, London Mayor Sadiq Khan launched an independent working group called the "Nightlife Taskforce," which is set to publish a report later this year.

"One of the reasons why people love London is our nightlife, our culture," Khan told AFP.

"When I speak to mayors in Paris, in New York and Tokyo, I'm jealous of the powers they have" especially on licensing issues, he said, adding he was looking at other cities like Paris "with envy" as it enjoys a nighttime boom.

He was granted approval in March to overrule certain local authorities who had forced pubs, restaurants, concert halls, and nightclubs to close early.

The government has also announced plans to change regulations to support nightlife venues in certain areas.

"Sadly, in the UK, we struggle with reputational issues and a narrative that makes (clubbing) more of a counterculture element rather than a real economic and cultural driver," NTIA head Michael Kill, who advocates for greater recognition of electronic music and club culture, told AFP.

The night-time sector contributes a vital £153 billion ($203 billion) a year to the UK economy, employing around two million people, according to NTIA.

And with London still enjoying a long, well-established reputation, all is not lost.

The capital remains an "exciting" city, 25-year-old Carys Bromley who recently moved to London from the island of Guernsey, told AFP.

"There's a lot of parties, clubs, and a big nightlife. The places stay open longer, it's busier, a bit more wild," she said.

(T.Renner--BBZ)