Articles tagged “theme parks”

Coronavirus Crisis Exposes Low-Tech Achilles’ Heel of Tours and Attractions in Asia

Coronavirus Crisis Exposes Low-Tech Achilles’ Heel of Tours and Attractions in Asia

Xinyi Liang-Pholsena, Skift

For many players in Asia’s tours and activities space, dealing with mounting coronavirus cancellations is proving to be a pain point without the aid of robust technology systems in place. This crisis will be a sharp reminder that digitalization is the way to go.

3 days ago

Guests May Still Be Hesitant to Visit Disney’s Latest Star Wars Land

Guests May Still Be Hesitant to Visit Disney’s Latest Star Wars Land

Christopher Palmeri, Bloomberg

Looks like Disney's second Star Wars park is turning out to be another Phantom Menace. Maybe involving Baby Yoda, Star Wars' latest big hit, will bring some fresh ideas to attract hesitant vacationers.

2 months ago

Blackstone Looks at Buying Water-Park Operator Great Wolf

Blackstone Looks at Buying Water-Park Operator Great Wolf

Kiel Porter and Gillian Tan, Bloomberg

Great Wolf Resorts has had a few private equity owners in its recent history and another one clearly thinks there is more money to squeeze out of the business.

5 months ago

SeaWorld CEO Abruptly Steps Down After 7 Months

SeaWorld CEO Abruptly Steps Down After 7 Months

Christopher Palmeri, Bloomberg

The revolving door at SeaWorld Entertainment swings once again. Despite the theme park operator's financial rebound, the departure of its sixth CEO in five years suggests choppy waters may still be ahead.

5 months ago

Disney Drops Reservation Requirements to Boost Orlando’s Star Wars Theme Park

Disney Drops Reservation Requirements to Boost Orlando’s Star Wars Theme Park

Christopher Palmeri, Bloomberg

That's no moon; it's an incredibly overpriced theme park. With its second Star Wars park opening now, Disney has made common sense changes to ensure Galaxy's Edge is a hit in Orlando.

6 months ago

Disney Unveils Star Wars Hotel That Isn’t a Hotel

Disney Unveils Star Wars Hotel That Isn’t a Hotel

Christopher Palmeri, Bloomberg

OK, if this isn't a hotel we'll have to put "space cruise" under the umbrella of alternative accommodations.

6 months ago

Theme Park Operator Merlin Finds Everything Isn’t Awesome at Legoland

Theme Park Operator Merlin Finds Everything Isn’t Awesome at Legoland

Patrick Whyte, Skift

Merlin's determination to focus on the long-term potential of the company is probably one of the reasons it is keen to escape the glare of the public markets.

7 months ago

Genting Malaysia Settles $1 Billion Theme-Park Dispute With Disney and Fox

Genting Malaysia Settles $1 Billion Theme-Park Dispute With Disney and Fox

Tien Hin Chan, Bloomberg

Licensing deals can get messy, and this one nearly fell through in a major way. Genting Malaysia dodged a bullet here and seems well on its way to recovery.

7 months ago

Saudi Arabia Looking for Partners for Megatourism Project

Saudi Arabia Looking for Partners for Megatourism Project

Sarah Algethami, Bloomberg

Despite the grand plans, the project is still some way off but it shows how serious Saudi Arabia is about planning for life after oil.

7 months ago

New Lionsgate Indoor Park in China Has a Hunger Games Theme for Adults

New Lionsgate Indoor Park in China Has a Hunger Games Theme for Adults

Christopher Palmeri, Bloomberg

Props to Lionsgate World for inventing a theme parks aimed at a date night crowd rather than kids. Guests can flee murderous wasps themed after the popular Hunger Games books and shows. Hopefully they can have fun without forming any murderous love triangles.

7 months ago

Lego Family Plot to Take Merlin Entertainments Private With $6.1 Billion Joint Bid

Lego Family Plot to Take Merlin Entertainments Private With $6.1 Billion Joint Bid

Nick Turner, Bloomberg

The trend for public companies going private looks set to continue. A change in ownership might allow Merlin to boost its spending on hotels and theme parks.

8 months ago

Disney Expects Wealthy Adults to Spend Big on New Star Wars Park

Disney Expects Wealthy Adults to Spend Big on New Star Wars Park

Christopher Palmeri, Bloomberg

Disney wants the affluent adults who grew up playing with Darth Vader action figures in the 70s and 80s to fill the coffers at its new Galaxy's Edge park. The geeks of yesterday are the cash cow of tomorrow.

9 months ago