Following a “successful start to the year” which delivered a record monthly revenue total and biggest ever day of trading, Hollywood Bowl remains confident of its plans to open 130 centres by 2035, with CEO Stephen Burns stating “we are confident in the outlook.”

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ollywood Bowl has reported revenue for the quarter to 12 January was up 11 percent, with the period including the operator’s “highest ever monthly revenue” recorded in December.

Takings across the company’s UK venues were up 8 percent, while Canadian revenue rose 41 percent on a constant-currency basis, prompting optimism for the year ahead.

“We are pleased to report a strong period of trading, building on the momentum from the previous financial year, including our highest ever monthly revenue in December and our biggest ever day of trading on New Year’s Eve,” said CEO Stephen Burns.

“This successful start to the year underlines the continued strength of our value-for-money, family-friendly customer proposition. Looking ahead, we are confident in the outlook and our ability to further develop our market-leading position in the UK and Canada, enhancing the customer experience and seizing the significant growth opportunity ahead.”

As part of the company’s growth strategy, Hollywood Bowl has set itself a target to open 130 centres by 2035, with the group “remaining resilient” to inflationary pressures that impact other hospitality ventures thanks to 70 percent of its revenue not being subject to cost-of-goods inflation. 

“We are well positioned to mitigate the effects from the increases to National Insurance contributions and National Living and Minimum Wages given our strong cost culture and relatively low labour-to-revenue ratio of under 20 percent in the UK.”

“As UK families continue to face cost of living challenges, great value for money will be a true point of differentiation with a family of four being able to enjoy a game of bowling with us for under £26.”