Hollywood Bowl strikes a boost in profits

16th December 2022 | Jack Oliver

Bowling leisure retailer Hollywood Bowl has announced an increase in group profits for 2022, as it targets a further ten centres before the end of 2025.

In its annual report, which includes the year up to September 30, its was revealed that group profits were £37.5m, up from £1.7m in 2021 and 68.1% higher than pre-Pandemic, 2019 levels.

The group’s revenue had also seen a large increase, up to £193.7m, ahead of the £71.9m recorded last year and 49.2% higher than in 2019.

Hollywood bowl, who also own mini-golf centre brand Puttstars, cited strong customer demand, higher spending per game, and increased customer satisfaction as reasons behind the successful year.

The leisure group has also refurbished six centres and opened three, as well as rebranding two AMF Bowling centres to Hollywood Bowl in 2022.

Two additional centres have opened in the beginning of the 2023 financial year, with the launch of Hollywood Bowl Speke and Puttstars Peterborough.

Peter Boddy, non-executive chair of Hollywood Bowl, said: “We have grown the portfolio during the year, opening two new Hollywood Bowl centres in Resorts World Birmingham and in Belfast, both of which are trading in line with expectations, and we continue to see significant opportunity to grow the brand in the UK and add to our pipeline.”


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