The report, which looked at the late night leisure sector's effect on the wider UK economy, found that over a third of respondents said they thought a late night out had a positive impact on their overall mood, their mental wellbeing and their relationship with friends, while 55.4% of 18-21 year olds, said they felt better about themselves when they have a good night out.
Over half said that when choosing a drink, they always go for a quality brand. The amount people spent on drinks in late night venues increased by 18.5% to £17.32. Entry fees also increased by £0.96; however, spending on food decreased by 12.3% (or £1.97).
Peter Marks, chief executive of the Deltic Group, said: "We know that the late night sector has a positive impact on town centres by creating jobs and drawing people to the high street, but now we have strong data which demonstrates that its impact is more far-reaching. Not only do people spend money on getting ready for a late night out, supporting our high street in the process, the latest research also shows the positive link between an individual's mental and physical wellbeing and a fun night out.
"As we've seen in the last two reports, the trend is clear. People are increasingly looking for exciting and unique experiences to share with friends both on the night and afterwards through social media."
The Deltic Night Index is a quarterly report published by the Deltic Group which looks at changing consumer behaviours in the UK's late night leisure sector, which encompasses clubbing, drinking and eating out, cinema and live music among others.