[exclusiv]

Most struggle financially because they are run by morons just like restaurants. They tried to be something they weren't. Forgot their core audience. And bowlero ate their lunch in the segment they tried to cater to instead of the core.

Many lanes are $50-80/hr now. I've seen over $100/hr too. Many have jacked the price up and they're still struggling.

My league alley bumped it up to $6/game for league members. I don't mind that. But if you sell by the hour, you're going to get less food and alcohol purchases. If our league and the other weren't at that alley, on Saturdays they would have nobody there bowling from open at 10am until at least 2pm.

The pricing per hour makes sense when people are deliberately bowling slow and just hanging out. You don't want lanes tied up if they are paying per game and taking forever.

But the structures they have now are ridiculous and make no sense.

They'd do better if they paid attention to how hotels do yield management.