Cultural shifts continue to affect the FEC/LBE landscape
Guest essay in Replay Magazine's March 2018 issue by Randy White, CEO White Hutchinson Leisure & Learning Group
I'm now in my 29th year of working in the location-based entertainment (LBE) industry. Over those years I've seen many changes, but never happening as fast as now and it's only accelerating. The formula for success for LBEs is now far different than when I entered the industry or even just a few years ago. We are in disruptive times for LBEs. The competitive leisure landscape is very different today due to multiple external and cultural forces and trends. It's time to rethink the LBE business model.
Here are some of major external forces at work which our company has identified and that require a new LBE success formula. Click here to continue reading on Replay Magazine's website.