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Commercial news Leisure sector ‘to drive’ growth
New research from Barclays Corporate has found that the hospitality and leisure indus- tries are expected to drive economic growth across “all areas” of the UK over the next decade. A number of busi- ness leaders were surveyed on what they expected prospects to be like for their companies in 10 years’ time as part of the Business in 2021 study. More than three quarters
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• Cardio Entertainment Systems
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in all but two regions indi- cated that hospitality and leisure is set to play a key role in economic growth, including 95 per cent in Scotland. Te remaining areas were London and the South East and the North West, with 57 per cent and 53 per cent of business lead- ers respectively expecting the sector to drive growth. Figures from the hospitality and lei- sure industries themselves expected to see steady growth over the 10-year period across
Tourism and leisure are expected to drive the recovery of the UK economy
the UK economy and real Gross Domestic Product (GDP). Mike Saul, head of hospitality and leisure at
Barclays Corporate, said: “To see the majority of businesses anticipating steady and sustained economic growth over the next decade should also be welcome news for a Government that is focused on developing a growth strategy.”
Rhyl’s Apollo Cinema reopens after revamp
Rhyl’s Apollo Cinema has reopened to the public – six months aſter the venue closed in order to undergo a £2.5m refurbishment designed by EWA Architects. All five cin- ema screens at the North Wales seafront site now include Sony 4k digital pro- jection, along with RealD 3D technology and Dolby digital sound systems. Denbighshire County
Council and the Welsh Assembly Government funded the renovation, which has also included the creation of a licensed bar area and a Costa Coffee outlet. Tania Jones, general manager of Rhyl’s
Apollo Cinema, said: “It has been our goal to bring the Rhyl cinema bang up to date, with the latest cinema technology, to provide the
Te redeveloped cinema offers five screens – all fitted with 3D technology
town with a thriving entertainment hub. “Te town deserves access to the best qual-
ity viewing experience, and we are committed to ensuring Rhyl and surrounding areas can experience their choice of film the way they should be presented.”
Box office revenues hit ‘record’ high
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Cinemas across the UK saw box office earnings grow by nearly 5 per cent to a “record” high of £988m in 2010, according to the latest figures from British Film Institute (BFI). Te increase in revenues compared with 2009 was achieved despite a 2.4 per cent
decline in admissions, which were affected by poor winter weather and the summer World Cup. Te BFI’s 2011 Statistical Yearbook has also reported that the number of screens in the UK increased to 3,671 across 716 venues, with 1,067 capable of digital 3D screenings.
ISSUE 4 2011 © cybertrek 2011
DANIEL GALE /
SHUTTERSTOCK.COM
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