Following three years of consecutive growth, the UK’s largest clubs and bar operator, The Deltic Group has announced a sales increase of 15.5% in the 26 weeks to 29 August, with like-for-like sales up 7.5%.
CEO Peter Marks, said, “There’s been plenty of speculation about the health of the UK nightclub sector. Our consistently strong performance is testament to the fact that there is still huge consumer appetite for a big night out experience; something that only clubs can deliver.
“The fact that we’ve secured new banking facilities with HSBC and our continued sales growth, proves there’s still real upside in the sector for strong operators with well-invested venues.'
Deltic is to sink £3m in a Basildon site - the single largest investment in a UK regional club for ten years - which will create a new triple scene club with a roof terrace bar.
The group has completed five refurbishments this year, with around £5m earmarked for five additional sites scheduled to open before the end of the year.