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Hollywood Bowl Group plc

United Kingdom ยท LSE:ย BOWL.L ยท Market cap: ยท P/E: ยท P/S:

Hollywood Bowl runs ten-pin bowling and mini-golf centres where people go for a fun, affordable day or night out.

Hollywood Bowl is a leisure company that runs ten-pin bowling alleys and mini-golf courses, mostly in the UK, with a smaller footprint in Canada. People come for birthday parties, after-school trips, date nights, and office outings โ€” the kind of outing where the point is to have fun, not to be good at it. The company gives them shiny lanes, screens, food, drinks, and a bar, all under one roof.

Hollywood Bowl Group plc (BOWL.L) Ten-pin bowling: line art illustration of A ten-pin bowling lane with its wooden floor
Ten-pin bowling
Players knock down pins by rolling a heavy ball down a long wooden lane.

The money comes from a few simple places. Customers pay for games by the hour or the session, which is the core of the business. Then there is food and drink โ€” burgers, pizza, cocktails, soft drinks โ€” and that matters a lot, because people who stay longer spend more. The company also books group events and parties, which bring in bigger, more predictable chunks of cash. The mini-golf side, branded Puttstars, is a newer bet that targets the same "something fun for an hour or two" demand. Competition is fragmented: independent bowling alleys, cinemas, trampoline parks, and video game arcades all fight for the same leisure time and pocket money. Hollywood Bowl wins on scale, location, and consistency โ€” a clean, well-run venue with working lanes and a decent burger is not as common as you would think. The business has a simple but powerful engine. Bowling alleys are expensive to build and maintain, so once a venue is open and busy, extra customers drop through to profit quite quickly. That is why the company keeps opening new sites and refurbishing old ones. It has also made acquisitions to grow its estate, and it returns money to shareholders through dividends and share buybacks. Recent years have been bumpy โ€” the pandemic shut venues for long stretches โ€” but demand came back strongly, and the company has kept expanding.


The risks are real. Bowling is discretionary spending, so in a tight economy people may stay home. Energy and staff costs hit hard, since running a big building with lanes, lights, and air conditioning is not cheap. And the company depends on people wanting to leave the house โ€” something streaming and cheap home entertainment compete with every day. Still, Hollywood Bowl has a clear, simple pitch: a reliable, affordable good time, sold by the hour, with fries on the side.

Saved answer ยท last researched 15 Nov 2026