The Velvet Rope Revolution: How Shanghai's Nightlife is Redefining Asian Entertainment Section 1: Market Overview Current Industry Statistics (2025): - Total market value: ¥32.4 billion (18% annual growth) - 420+ licensed high-end venues operating citywide - Foreign investment accounts for 39% of capital inflow - Average custom
Shanghai's Nightlife Evolution: The Reinvention of Entertainment Clubs SECTION 1: INDUSTRY TRANSFORMATION1.1 Historical Development• 1990s KTV boom period• Early 2000s luxury club emergence • Post-2012 industry consolidation• Current premium service trend1.2 Market Segmentation- High-end business clubs (Bund