Some small venue owners are noticing that younger audience’s alcohol consumption is dropping, impacting a key revenue stream.
Dayna Frank
This change in behavior appears especially noticeable at smaller venues. “It’s an interesting thing to applaud on one hand” — Gen Z’s embrace of healthier habits — “but [we] have to be creative about making money on the other,” Slutes adds. While a drop in drinking may have a positive health impact, it does represent a potential challenge for some venues. “Bar sales are important for every music venue, but especially for smaller ones since there aren’t as many revenue sources compared to the large arenas,” explains, talent buyer for Daydream State, which owns and operates several music venues in Seattle. “Ticket prices and fees are generally cheaper in smaller rooms, so there isn’t as much money being brought in [for the venue].
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The huge Less Ranch property near Boerne gets new ownerThe 2,269-acre property had been listed for $54.5 million. It was previously owned by John and Greli Less and their family.
Read more »
Kim Jong Un balloons past 300 lbs. amid reports of pill 'hoarding,' heavy drinkingNorth Korean leader Kim Jong Un is suffering from insomnia while abusing alcohol and tobacco, said South Korean intelligence, spawning more speculation about his health.
Read more »
UH research exploring loneliness, drinking in Hispanic communityNew UH study will explore loneliness, drinking and cultural conflict in Houston's Hispanic community
Read more »
NJ lawyer tied to Boston cold-case rapes through drinking glass, prosecutors revealA New Jersey attorney working in Manhattan was linked to a rape spree in Boston more than 15 years ago through DNA on a drinking glass, authorities said Monday.
Read more »
Alcohol Has Zero Health Benefits — Is It Finally Time for Women to Stop Drinking?Science has disproven the purported health benefits of drinking, and the negative impact is worse for women. FindingFlow FlowHealth
Read more »