Average spend on a night out in the UK is up 18.8% on last year to £70.56, a 2.7% rise on the last quarter, as the range of late night leisure options broadens.
That is according to the Deltic Night Index, a quarterly report published by late night leisure operator the Deltic Group, which looks at the changing consumer habits in the UK's evening and late-night leisure sector.
The length of an average night out remained broadly flat at four hours and 32 minutes and, although it remained the most popular option, for the first time there was a noticeable decline in the number of respondents that cited the pub as the type of late night leisure they spend the most money on each month (23.9%, down from 28.9% last quarter and 26.3% last year).
The group reported a steady rise in the number of respondents that spend the most money at the cinema each month, at 16.4%. This is up from 13.6% last year, and 14.6% last quarter. Among 18-21 year olds clubs are the most popular option, with 28.2% saying this is the late night leisure activity they spend the most money on each month, followed by the pub (21.4%). For 22-25 year olds there is a more even split between clubs and bars (17.2% and 17.8%).
Peter Marks, chief executive of the Deltic Group, said: "It's always good to see an increase in consumer spend, but I think what's notable here is that there is a more even spread in terms of where Brits are spending their money - for the first time we've seen a notable decline in the number of respondents that said they spend it at the pub (though it remains the most popular), and we're continuing to see an increase in spend at the cinema. I think this is reflective of the evolving mix available in the night time economy, with more well-invested destinations, which is only a good thing."