I've noticed that Padel courts/centres seem to be going up everywhere at the moment. It clearly is a fast growing sport, and investors are building where ever they can.
BUT, could this just be a fad, that quickly declines?
I'm just old enough to remember squash being the "in sport", Essex alone, grew from having 13 courts in 1965 to 287 in 1978.
At it's peak over 3 million people were playing it regularly, and pretty much every sports centre built courts.
The the bubble burst, and today less that half a million people in the UK regularly play it.
Owners of the courts realised, that the space for squash just wasn't a great commercial use of space. The space that was used for 3 courts and 6 players could accommodate 40 people if the same space was a gym floor.
The difference with the new wave of Padel courts is that many are being built on greenbelt land, if these companies go out of business, could we be left with lots of derelict sites?