Rehab club

Trade publication Nightclub & Bar revealed its 2014 list of the nation’s 100 top grossing nightlife venues, with Las Vegas once again dominating the rankings with 24 local hotspots making the list.

That total is up three from last year, with seven of the Top 10 earners calling Las Vegas home. Fifteen Las Vegas nightclubs, bars and lounges placed in the Top 30, with XS at Wynn taking the top spot once again this year with a record breaking annual revenue of $90-95 million, up from last year’s $80-90 million.

List rankings are based on estimates of each venue’s total revenue in 2013. New nightlife heavyweights Hakkasan at MGM Grand and Light at Mandalay Bay received honorary placement on the list, as neither club has been open for a full year.

Nightclub & Bar, which hosts its annual convention and trade show in Las Vegas March 24 – 26, reports the combined total revenue of $1.5 billion from the Top 100 earners, on par with last year’s total earnings. The bar and nightclub industry continued to enjoy overall growth, with 77 percent of operators surveyed experiencing a spike in revenue over the past year, a third of whom saw more than 10 percent growth.

"Not only does our 2014 Top 100 survey show that Las Vegas has rightfully earned its reputation as the nation’s nightlife capital with 24 venues making the list, but also the results prove just how much patrons love nightlife venues across the entire country with ongoing growth in the industry,” said Jon Taffer, president of Nightclub & Bar and host and executive producer of Spike TV’s “Bar Rescue.” “Seeing our 2014 list gets my heart racing because these venues continue to push each other day after day, and I can see the concrete results of their dedicated efforts through these revenue numbers. It’s an amazing time to operate a nightclub or bar."

So just how did Las Vegas’ world famous nightclubs stack up? Take a look at the Top 10 earners below:

MARQUEE AT THE COSMOPOLITAN
2012 total revenue: $85 million to $90 million

Last year’s rank: Marquee slipped from the No. 1 spot it held on the list in its first two years of operation, but nonetheless enjoyed unprecedented growth in 2013 with an earning increasing of about $5 million. The Cosmopolitan hotspot broke revenue records when it debuted in 2011, pulling in more than $70 million in its first year of operation. The 60,000 square-foot venue has lived up to its name since opening on New Year’s Eve 2010 as a premier clubbing destination. With three rooms of genre-spanning music and a thriving dayclub, Marquee makes a point of defining itself from its peers with ahead-of-the-curve DJs and a playful, anything-goes party atmosphere.

TAO NIGHTCLUB AT THE VENETIAN
2013 total revenue: $50 million to $55 million

Last year’s rank: The nightclub-restaurant-lounge continues to draw crowds with its globally recognized name and one-stop-shop nightlife model it helped pioneer, holding fast to its No. 3 spot on the list for a third year. Still, the venue saw an overall decline in earnings from the past two years, during which it brought in $60-70 million annually.

SURRENDER AT WYNN
2013 total revenue: $45 million to $50 million

Last year’s rank: Surrender has shared in the Wynn-property wealth of resident A-list DJs, and that’s done the decadent outdoor venue a lot of good in the past year: Surrender moved up a rank yet again, pushing LIV Miami Beach out of fourth place with earnings on par with last year’s bracket. The venue has continued to climb steadily up the list, jumping three spots last year from No. 8 in 2012, when it earned an estimated $35 million to $45 million.

IV MIAMI BEACH
2013 total revenue: $45 million to $50 million

Last year’s rank: The chic Miami hotspot inside the famed Fontainebleau Resort slipped back to fifth place, though maintained a higher revenue than last time it held the spot, keeping steady with last year’s earning bracket. LIV — the Roman numerals for “54,” referring to Fontainebleau’s 1954 opening — has established itself as a paradigm for the Miami club scene since opening in 2008, rivaling Las Vegas venues with a 52-table, 18,000-square-foot club space.

PURE AT CAESARS PALACE
2013 total revenue: $30 million to $35 million

Last year’s rank: Pure held onto last year’s No. 6 spot, though fell slightly from its total revenue of $35-45 million. The nightclub slipped two spots on last year’s list, down from fourth place and an earning bracket of $45 million to $60 million. Nonetheless, the sprawling, Top 40-friendly club opened in 2005 is still going strong among a list of newer, trendier competitors.

LAVO NEW YORK
2013 total revenue: $30 million to $35 million

Last year’s rank: Lavo New York maintained last year’s seventh place rank, continuing to outperform its Las Vegas counterpart with a modest uptick from 2012’s revenue of $25-35 million.

STORY MIAMI BEACH
2013 total revenue: $25 million to $30 million

Last year’s rank: Story makes its debut on the list this year, kicking Tryst at the Wynn out of the No. 8 spot. Formerly known as Amnesia, the South Beach nightclub opened to great fanfare in late 2012 and has been drawing crowds ever since with likes of Avicii, Armin Van Buuren and Seth Troxler.

LAVO AT PALAZZO
2013 total revenue: $25 million to $30 million

Last year’s rank: Dining hotspot and Tao counterpart Lavo held steady at ninth place this year, with earnings comparable to 2012’s $25 million to $35 million bracket. The restaurant-lounge jumped up three slots last year from 12th place in 2012.

HYDE BELLAGIO
2012 total revenue: $25 million to $30 million

Last year’s rank: Bellagio’s fountain-side lounge climbed two spots from last year’s list, cracking the Top 10 and staying on par with 2012’s estimated earnings of $25-35 million. The club might be smaller than many of its Top 10 brethren, but its made a name for itself since opening on New Year’s Eve 2011 with hip mixology, open format DJs and a slew of celebrity guests.

BEYOND THE TOP 10: OTHER LAS VEGAS VENUES THAT MADE THE LIST
11. Haze at Aria: $25 million to $30 million

13. Tryst at Wynn: $20 million to $25 million

14. 1 OAK at The Mirage: $20 million to $25 million

Honorable mention: Light at Mandalay Bay

24. Chandelier Bar at The Cosmpolitan: $15 million to $20 million

25. The Bank at Bellagio: $15 million to $20 million

26. LAX Nightclub at Luxor: $15 million to $20 million

42. Chateau at Paris: $10 million to $15 million

48. Ghostbar at Palms: $10 million to $15 million

61. Moon at Palms: $5 million to $10 million

73. Drai’s Afterhours: $5 million to $10 million

79. Lagasse’s Stadium at Palazzo: $5 million to $10 million

80. Body English at Hard Rock: $5 million to $10 million

88. Gold Boutique Nightclub at Aria: $5 million to $10 million

94. Lily Bar & Lounge at Bellagio: $5 million to $10 million

96. Stoney’s Rockin Country: $5 million to $10 million

Replies:

No replies were posted for this topic.