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Why are nightclubs closing?
Because the customer changed and the club did not. Gen Z drinks less, clubs less, and spends its money on concerts, festivals, and experiences instead. The UK loses 1 nightclub every 2 days, over 400 gone since 2020. 12% of US clubs closed in 2 years. The small dark room with a DJ and a bar has nothing left to sell. My forecast: half of all traditional Western nightclubs are gone by 2030. The ones that survive become an experience, not a room.
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