Articles tagged “theme parks”

Six Flags Says It Is Just Getting Started With Its International Expansion

Six Flags Says It Is Just Getting Started With Its International Expansion

Hannah Sampson, Skift

How much of the world is eager to host a Six Flags theme park? The Texas-based company is trying to find out.

2 days ago

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Associated Press

Disney can afford to play the long game with its partner in Hong Kong. Now it just needs the tourists to play along.

5 days ago

Disney Is Hiking Ticket Prices at Domestic Theme Parks Yet Again

Disney Is Hiking Ticket Prices at Domestic Theme Parks Yet Again

Christopher Palmeri, Bloomberg

Disney's last earnings report showed that theme parks made more money despite lower attendance, so we don't expect the latest ticket price increase to hurt the bottom line.

2 weeks ago

Disney Is Seeking Full Control of Its Struggling Paris Theme Park

Disney Is Seeking Full Control of Its Struggling Paris Theme Park

Ville Heiskanen, Bloomberg

Disney can't go back and undo some of the historic problems with Disneyland Paris. But with more control — and maybe even full control eventually — the company is hoping to turn the troubled resort around.

2 weeks ago

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Hannah Sampson, Skift

Theme parks were the best performers during the first fiscal quarter despite some attendance declines, and Disney has a pipeline of new openings in the coming years that should keep the segment comfortably in positive territory.

2 weeks ago

Dubai Opens Doors to Massive New Theme Park in the Desert

Dubai Opens Doors to Massive New Theme Park in the Desert

Associated Press

We are interested to see how development pans out as oil prices decrease. Can big buildings and tourism fill the holes?

2 months ago

SeaWorld Is Planning an Orca-Free Theme Park in Abu Dhabi

SeaWorld Is Planning an Orca-Free Theme Park in Abu Dhabi

Paul Barbagallo, Bloomberg

Killer whales have been the biggest stars — and biggest generators of controversy — at SeaWorld. It will be interesting to see how the company builds a theme park without them, and how visitors respond.

2 months ago

SeaWorld Is Cutting Jobs in a Company-Wide Restructuring

SeaWorld Is Cutting Jobs in a Company-Wide Restructuring

Associated Press

SeaWorld's CEO announced a comprehensive cost-cutting program last month meant to result in net savings of $40 million. We have to wonder what the next step will be after getting rid of these 320 jobs.

3 months ago

Universal Rolls Out Its Nintendo Partnership in Three Theme Parks

Universal Rolls Out Its Nintendo Partnership in Three Theme Parks

Hannah Sampson, Skift

Theme parks have found success in building immersive experiences around beloved characters. We have to wonder if the Nintendo strategy provides a glimpse of how Universal will use the recently acquired DreamWorks Animation.

3 months ago

Hong Kong Disneyland Is Adding ‘Frozen’ and Marvel Lands in a $1.4 Billion Expansion

Hong Kong Disneyland Is Adding ‘Frozen’ and Marvel Lands in a $1.4 Billion Expansion

Christopher Palmeri and Crystal Tse, Bloomberg

Disney's CEO has said that the company's giant new Shanghai theme park isn't hurting business in Hong Kong. Still, it's a smart move to expand the older park with attractions that can't be found in Shanghai.

3 months ago

Disney Will Open Avatar Land in Orlando Next Summer

Disney Will Open Avatar Land in Orlando Next Summer

Christopher Palmeri, Bloomberg

Disney has been on its toes since Universal changed the game in Orlando with Harty Potter. Will Avatar change the conversation again?

3 months ago

Wanda Is Spending Another $15 Billion in its Quest to Become a Tourism Giant

Wanda Is Spending Another $15 Billion in its Quest to Become a Tourism Giant

Jeanne Yang, Bloomberg

If Wanda Group really wants 15 projects across China by 2020, we expect to hear a lot more announcements like this one in the coming year.

3 months ago