Articles tagged “theme parks”

Universal Is Going for Full-On Immersion With New Harry Potter Ride

Universal Is Going for Full-On Immersion With New Harry Potter Ride

Hannah Sampson, Skift

Universal has seen huge returns on its Harry Potter investments. The latest addition is a ride — as opposed to an entire land — but it will still likely draw crowds, especially in the months before Disney's Star Wars expansion opens in Florida.

2 weeks ago

Disney Will Open Its New Star Wars Expansions Early to Meet Demand

Disney Will Open Its New Star Wars Expansions Early to Meet Demand

Hannah Sampson, Skift

Disney's new Star Wars additions will open earlier than expected, but one big piece will be missing. Will fans flock to be first or wait until everything is operational?

3 weeks 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 weeks ago

SeaWorld’s Rebound Appears to Be Sticking

SeaWorld’s Rebound Appears to Be Sticking

Hannah Sampson , Skift

The news has been consistently positive for SeaWorld lately after a long stretch of disappointing results. With new leadership and a strategy that has been working, 2019 is shaping up well.

4 weeks ago

Six Flags’ Global Growth Plans Are Running Into Economic Roadblocks

Six Flags’ Global Growth Plans Are Running Into Economic Roadblocks

Hannah Sampson, Skift

Six Flags' big ambitions for international expansion are meeting economic reality. The theme park operator still finds potential in partnerships outside the United States, but expectations have to be adjusted.

1 month ago

Six Flags Dubai Project Halted on Funding Concerns

Six Flags Dubai Project Halted on Funding Concerns

Filipe Pacheco, Bloomberg

The economic slowdown and rise in the number of theme parks in the Gulf are among the factors keeping Six Flags from going full throttle in Dubai.

2 months ago

Disney Doesn’t Plan to Spend a Fortune Promoting New Star Wars Attractions

Disney Doesn’t Plan to Spend a Fortune Promoting New Star Wars Attractions

Hannah Sampson, Skift

Disney's CEO seems to expect the company's upcoming Star Wars lands to basically sell themselves. He's probably right, but we still expect to hear plenty about Galaxy's Edge in the coming months.

2 months ago

Disney Is Expanding Its New Shanghai Theme Park — Again

Disney Is Expanding Its New Shanghai Theme Park — Again

Hannah Sampson, Skift

Disney has been talking about expanding its Shanghai theme park complex since before the doors officially opened. Despite a rough patch last year, the company is clearly optimistic about the market's future.

2 months ago

Universal Theme Park Growth Is Still in High Gear

Universal Theme Park Growth Is Still in High Gear

Hannah Sampson, Skift

Universal theme parks are expanding in the U.S. and around the world even as larger rival Disney continues to pour money into growing its parks and resorts. As long as returns are healthy, expect the theme park wars to rage on.

2 months ago

Disney Hikes Prices in California Parks Ahead of Star Wars Opening

Disney Hikes Prices in California Parks Ahead of Star Wars Opening

Christopher Palmeri , Bloomberg

Over the past couple of years Disney has tweaked its pricing strategy across its parks to reflect consumer demand and with Star Wars: Galaxy’s Edge attraction opening this summer it has another reason to step up its crowd control planning.

3 months ago

6 Top Theme Park Industry Developments of 2018

6 Top Theme Park Industry Developments of 2018

Hannah Sampson, Skift

Theme parks got more creative with loyalty and pricing, ramped up their building boom, and took steps to raise employee wages in 2018. One operator mounted a turnaround, while another struggled to meet expectations. Here are some highlights from a year of strategic twists and turns.

3 months ago

Disney Makes CEO Bonus Target Harder to Reach

Disney Makes CEO Bonus Target Harder to Reach

Anders Melin, Bloomberg

Disney CEO Bob Iger has extended his contract multiple times, and he's poised to reap a windfall when he finally leaves the company — in addition to the cash he's pulling in during the rest of his tenure. Shareholders showed this year that they weren't happy with his compensation plan, and the board has responded.

4 months ago