The Sports and Recreation Facilities Operation industry has performed well over the past five years. An increase in consumer spending on attending sports events and participating in organised sport has driven industry revenue growth. Government grants and contributions strongly assist industry participants and are a key source of revenue. These grants generally go towards the construction or redevelopment of stadiums. For example, the redevelopment of the Sydney Cricket Ground increased revenue for the Sydney Cricket & Sports Ground Trust.
Participants in the industry are primarily engaged in operating indoor or outdoor sports and physical recreation venues, grounds and facilities. The industry does not include health centres, fitness centres or gyms.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.