Saturday, May 26, 2018
Directory Directory Subscribe
Login
 

Global theme park market seen topping $44 billion

 
 

Please, enter data

Please, enter data

PR, 19 June 2017

The global theme park market is being driven by the recovery in leisure spending, rise in international tourism, and growth of the middle-class population in emerging countries, the report said.

Indoor theme parks allow the operations to take place 365 days of the year irrespective of the weather conditions. They tone down the seasonality aspect which helps to achieve a peak output at maximum levels through-out the year. Outdoor parks have the disadvantage that they cannot control – the climate.

GCC is bracing itself for a surge in tourism as new projects and developments are being planned and in the execution phase to usher in more tourists than ever before. One of the examples includes Dubai’s much talked about theme park – IMG Worlds of Adventure. IMG Worlds of Adventure and Dubai Parks and Resorts, which opened last year in Dubai has plans to draw in millions of visitors in their first year of operations.

Several billion-dollar theme parks were launched in 2016 and a series of amusement destinations are slated to open doors for the theme park enthusiasts by 2018. Furthermore, there is an exponential growth experienced by indoor theme parks and FECs in the region due to the expansion plans of large malls in the Mena region.

UAE’s total amusement and entertainment market potential to reach 45 million visitors by 2021 as forecasted by PwC.

Looking at GCC and especially Dubai, the opportunity is clear with a plethora of attractions set to open in the coming period.
 
UAE has the best of both worlds, be it indoor or outdoor theme parks. The country is experiencing this exponential growth because of its quality infrastructure and growing tourism and retail industry sectors. Customers do visit the indoor theme parks more frequently as compared to the outdoor parks in this part of the region as the climate plays a deciding factor.

Several mega projects in the GCC region are in various phases of implementation and executions as various destinations are being aptly poised as leisure and entertainment destinations ahead of global mega events, particularly the World Expo 2020 in the UAE.
PR
19 June
 

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

UAE 7th Most Competitive Economy in the World
Al Bawaba, 24 May 2018

The UAE has jumped three places to become the seventh most competitive economy in the world in 2018, its best ranking ever, reveals a global study released on ...

Read full story
UAE 7th Most Competitive Economy in the World
Bahrain invites bids for 682-unit housing project
TradeArabia News Service, 24 May 2018

 Bahrain's government has invited bids from qualified consultants and contractors for providing contract management and site supervision consultancy ...

Read full story
Bahrain invites bids for 682-unit housing project
Sweden intends to double trade with Egypt in five years: ambassador
Daily News Egypt, 23 May 2018

Swedish Ambassador to Egypt Jan Thesleff told Daily News Egypt that his intention and hope is to double Swedish trade with Egypt in the next five years.
...

Read full story
Sweden intends to double trade with Egypt in five years: ambassador
Material used at Al Bayt Stadium named after 2022 FIFA World Cup Qatar
The Peninsula, 23 May 2018

The unique construction fabric used in Al Bayt Stadium in Al Khor City to resemble the inside of a traditional Bedouin tent will be named after the iconic 2022 ...

Read full story
Material used at Al Bayt Stadium named after 2022 FIFA World Cup Qatar
Back to Home Page 2317 --- 0 <><><> 522.16666666667.....exvideo=0....eximage=0
P 0
BR 17

 
Entertainment KSA
3 - September 2018
2nd Annual Digital Forensics and Analysis Summit
10 - September 2018
The 2nd Annual Digital Transformation Summit
17 - September 2018
Future Traffic Security
24 - September 2018
Future Civil Defense
24 - September 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Project Lebanon - 26 June - 29 June 2018  
  Energy Lebanon - 26 June - 29 June 2018  
  Iraq Agrofood Baghdad - 8 October - 11 October 2018  
  Project Iraq Baghdad - 8 October - 11 October 2018  
  Hospitality Qatar - 6 November - 8 November 2018  
  HQ - Food Qatar - 6 November - 8 November 2018  
  Food Africa Cairo - 8 December - 10 December 2018  
  Mac Fruit Attraction - 8 December - 10 December 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Energy Lebanon
Project Lebanon
Qatar
Hospitality Qatar
HQ - Food Qatar
Iraq
Iraq Agrofood Baghdad
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved