Padel courts in the UK risk becoming an unprofitable business as rapid expansion intensifies competition, according to Bloomberg. At court fees reaching up to £42 per hour, some clubs are finding it increasingly difficult to recoup their investments.
Investors have poured at least $300 million into the UK padel market, but the sharp increase in venue construction is creating a crowded market and squeezing profitability for operators.
#Economy #Markets
Investors have poured at least $300 million into the UK padel market, but the sharp increase in venue construction is creating a crowded market and squeezing profitability for operators.
#Economy #Markets