Responsible Brits are a nation of night out budgeters

 

Latest Deltic Night Index reveals that almost 90% of us budget for a night out, as average night out spend totals £70.69

London 30th September 2019: The latest Deltic Night Index reveals that savvy Brits are spending a significant sum on a good night out, but most budget for the occasion and make their cash work hard to get the best bang for their buck.

Respondents spend an average of £70.69 on a night out – this figure comprises every component of the evening, from drinks at home and transport to the venue to food and drinks out and getting home. This isn’t a one-off splurge: 60.8% go on a night out at least once a week and the
average Brit is going out more than five times a month.

Although the amount Brits are spending is significant, it is not impulsive. The data shows the vast majority (89.0%) of consumers budget in a number of ways. For example, 58.5% have at least a rough idea of what they plan to spend before heading on a night out, and nearly a quarter
(21.3%) refuse to spend more once they’ve hit their limit. 13.1% even plan their spending for each part of the night, from dinner to getting home.

Respondents are willing to spend, on average, almost 15% (14.6%) of their overall budget on entry or game fees (including for a specialist DJ, entertainment, and competitive socialising activities). This willingness to dedicate spend to venue costs signifies the important role quality
entertainment and shareable surroundings play in today’s nights out.

Brits use a variety of clever ways to keep track of their spending; more than 3 in 10 (30.4%) take their money out in cash and almost a quarter (23.9%) look for deals and discounts. Cutting down on food and drink costs is also a popular option for a fifth of consumers – 21.9% eat before
going out and 19.9% pre-drink for longer before heading out.

The Deltic Night Index is a quarterly report published by late night leisure leader The Deltic Group. It looks at the changing consumer habits in the UK’s evening and late-night leisure sector. This report surveyed more than 2,300 people.

Length and frequency of a night out both increased, with the average time spent on a night out rising to 4hrs 38minutes (2018 and previous quarter: 4hrs 34minutes) and the mean frequency increasing to 1.42 times weekly (2018: 1.27; previous quarter: 1.37). More than three fifths (60.8%) of respondents go on a night out at least once a week.

Peter Marks, Chief Executive of Deltic, commented, “This quarter’s Deltic Night Index demonstrates that consumers are spending a significant portion of their disposable income on going out. However, these aren’t impulse purchases. People are clearly thinking about where and
when they spend their money, as shown by the percentage of people that budget, and seek out the best value whilst enjoying a fantastic night out. Ultimately, the data shows that people are willing to spend money – but only for the right experience”

-Ends-

The research behind the Deltic Night Index is conducted by a third party survey consultant, Censuswide. For more detail you can see the full report on www.delticgroup.co.uk/ from Monday 30th September.

The Deltic Night Index surveyed a nationally representative sample of 2305.

Pictures available to download here

Enquiries

Hudson Sandler

Lucy Wollam, Emily Jones or Nick Moore at deltic@hudsonsandler.com or 020 7796 4133

Notes to Editors

• The Deltic Group is one of the UK’s leading premium late night bar and club operators, with 53 clubs and bars throughout the UK

• The Group has a strategic focus on investing in its estate, people and entertainment to create great nights out for its customers

• The Group is dedicated to being a best in class responsible operator. In addition, it runs the “Echo Trust’’ charity fund, which regularly donates to children’s hospitals and schools in the local areas surrounding its venues