Articles tagged “merlin entertainments”

Activist Investor Urges Legoland Operator Merlin to Go Private

Activist Investor Urges Legoland Operator Merlin to Go Private

Thomas Mulier, Bloomberg

It's difficult to see ValueAct capital getting its way unless 30 percent shareholder and Danish billionaire Kjeld Kirk Kristiansen backs the plan. Needless to say Merlin's board still believes it is on the right track.

7 hours ago

Malaysia’s Sovereign Fund Considers Selling Legoland

Malaysia’s Sovereign Fund Considers Selling Legoland

Joyce Koh and Elffie Chew, Bloomberg

Malaysia‘s new government is building blocks to reduce the deficit left by the previous administration. Legoland Malaysia, owned by the national sovereign fund, Khazanah, could be sold if the price is right.

3 months ago

Parks Operator Merlin Starts to See Recovery in London Market

Parks Operator Merlin Starts to See Recovery in London Market

Patrick Whyte, Skift

It looks like things are starting to turn around for Merlin in its key London market. We'll have to wait until its annual results later this year for the full picture.

7 months ago

UK Theme Parks Operator Merlin Ramps Up Hotel Offerings

UK Theme Parks Operator Merlin Ramps Up Hotel Offerings

Patrick Whyte, Skift

Adding more beds to your theme parks makes sense as it brings in extra cash, but Merlin needs to make sure it gives guests extra reasons to stick around for more than a day.

10 months ago

Gender Diversity Is Still Massively Lacking in Travel and Hospitality

Gender Diversity Is Still Massively Lacking in Travel and Hospitality

Patrick Whyte, Skift

Laws have been changed to supposedly eliminate gender bias but the problem at senior levels still persists. Companies first need to admit they have a problem, then they can do something about it. Perhaps there should be greater consideration of quotas.

1 year ago

Legoland Theme Park Is Coming to New York in 2020

Legoland Theme Park Is Coming to New York in 2020

Associated Press

Legoland has proven popular for families with young kids and continues to build a following in the United States. Located 50 miles from New York City, the first Legoland park in the Northeast will need to get creative to attract tourists who are visiting the Big Apple.

2 years ago

Merlin CEO Sees Security Threats as Having Lasting Impact on the Business

Merlin CEO Sees Security Threats as Having Lasting Impact on the Business

Paul Jarvis and Joe Easton, Bloomberg

The Brexit benefit of a weakened pound hasn't lasted long for Merlin Entertainments. The threat of terrorism in the UK and central Europe looms large and is causing the company to rethink its investment priorities.

2 years ago

Merlin Entertainments Denies It’s in Talks for a SeaWorld Deal

Merlin Entertainments Denies It’s in Talks for a SeaWorld Deal

Paul Jarvis, Bloomberg

The precisely worded statement from Merlin Entertainments doesn't seem to rule out future interest or discussions. But what does SeaWorld want to do? That's still the big question.

2 years ago

Merlin Hints At Interest In Buying SeaWorld’s Busch Gardens

Merlin Hints At Interest In Buying SeaWorld’s Busch Gardens

Patrick Whyte, Skift

SeaWorld is still struggling and Merlin is probably hoping it can bag a bargain. Watch this space.

2 years ago

Merlin Gets Lift From International Expansion While Coping With Problems at Home

Merlin Gets Lift From International Expansion While Coping With Problems at Home

Bloomberg, Paul Jarvis

Given the number and nature of the terrorist attacks in the UK in the past few months it is unsurprising that Merlin remains cautious. One way of mitigating the impact is to focus on growing globally, which the company seems to be doing.

2 years ago

Terrorism Concerns Give Merlin a Reason to Be Cautious

Terrorism Concerns Give Merlin a Reason to Be Cautious

Paul Jarvis, Bloomberg

The travel and hospitality sector is unpredictable at the best of times. There are plenty of things that can go wrong and derail an otherwise successful company. Having being burnt in the past, Merlin is probably right to try and temper expectations.

2 years ago

Merlin Entertainments Is Looking to Drive More Business With an Investment in Big Bus

Merlin Entertainments Is Looking to Drive More Business With an Investment in Big Bus

Hannah Sampson, Skift

With a small stake in Big Bus, Merlin is trying to diversify its entertainment offerings — not a bad move considering the poor performance of its theme park group last year.

3 years ago