Industry Analysis & Industry Trends
Strip clubs experience relatively constant demand. Although changes in consumer spending and behavior can create year-to-year fluctuations in strip club revenue, demand for the industry as a whole persists over time. Despite recession-induced dips early in the period, IBISWorld expects overall revenue to increase during the next five years, thanks to renewed consumer spending and pent-up demand.... purchase to read more
Industry Report - Industry Products Chapter
While the entertainment offered at strip clubs is unique to the industry, many establishments' primary products are consistent with those of the hospitality sector as a whole. Strip clubs generate a large portion of revenue from the sale of food and alcoholic beverages and often charge entry fees. Many high-end clubs also offer wealthy patrons private VIP tables and rooms.
Service revenue is the industry's largest revenue stream, accounting for an estimated 44.5% of revenue in 2014. Service revenue includes private dances, public dances, cover charges and VIP room rentals. Private dances are usually performed in a private room or area and last longer than public dances... purchase to read more