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Essay on Gym's Introduction: Leisure is now the largest component of household spending. And it's growing fast. Private equity firms are huge investors in the area. But with fashion as important as fundamentals, the sector is not without its pitfalls. The leisure industry has been riding a roller-coaster for the past two years. In the UK, the foot-and-mouth epidemic of 2001 devastated parts of the attractions market and some pub and hotel groups. And September 11 took a huge toll on international travel and tourism Quote from: http://www.realdeals.eu.com/?ContentChannelID=13&MenuID=5&ArticleID=28060 On the 22/11/2004 The key point is that most leisure industry spending is "discretionary" ? which means it comes out of what's left over after paying for the essentials. A large proportion of the leisure industry - pubs and restaurants, for example - is heavily influenced by fashion. Other parts of the sector, such as home entertainment, are influenced by new technology Two key factors driving the...

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