ATTRACTIONS MANAGEMENT
THEME PARK NEWS
Malaysian group
plans theme park
Themed Attractions & Resorts Sdn
Bhd (TAR) – a wholly owned sub-
sidiary of state investment agency
Khazanah Nasional Bhd – is building
six theme parks in Malaysia.
TAR will develop and operate each
RM200-300m (£35-53m, US$59-
89m, 39-59m) attraction. The fi rst
is scheduled to open in 2012 and is
the 60,000sq ft (5,575sq m) KidZania
theme park in Kuala Lumpur.
Cedar Fair currently operates 11 theme parks and 15 waterparks
Cedar Fair to be acquired by Apollo
Bible theme park
Theme park operator Cedar Fair, in Ohio, years. After considering these strategic
planned for China
US, is to be acquired by an affi liate of alternatives, we have concluded that the
Apollo Global Management, a leading glo- transaction with Apollo is in the best inter- A US$569m (£365.5m, 416.6m)
bal alternative asset manager. est of our unitholders. theme park based on the Bible is
The transaction, unanimously approved “Apollo has a strong track record of being planned for China’s north-east-
by Cedar Fair’s board, is valued at around growing businesses, and its desire to add ern Liaoning province.
US$2.4bn (£1.5bn, 1.7m), which includes Cedar Fair to its portfolio serves as a testa- According to the AFP news agency,
the refi nancing of the company’s outstand- ment to our solid business model and the Mr Leung Moon-lam – a devout
ing indebtedness. talent of our people.” Christian and founder of logistics
Cedar Fair chair, president and chief The merger is conditional upon, among fi rm China South City – is behind the
executive offi cer Dick Kinzel said: “We other things, the approval of holders of two- plans and has said that the Harmony
have considered a wide range of stra- thirds of Cedar Fair’s outstanding units and World park will aim to tell the stories of
tegic alternatives over the past several the receipt of regulatory approvals. Chinese and Western civilisation.
Abu Dhabi Ferrari
Busch Entertainment to change its name
park back on track US theme park operator Busch jointly in December 2009 by Anheuser-
Entertainment has changed its name to Busch InBev and The Blackstone Group.
Aldar Properties has announced the SeaWorld Parks & Entertainment. SeaWorld Parks & Entertainment oper-
completion of the external structure of The move follows Blackstone Capital’s ates 10 parks across the US, including
Ferrari World Abu Dhabi. US$2.7bn (£1.62bn, 1.8bn) purchase of SeaWorlds in Orlando, Florida, San Diego,
Located on Abu Dhabi’s Yas Island, the company. The sale was announced California, and San Antonio, Texas; Busch
the new retail, leisure and entertain- Gardens parks in Tampa, Florida and
ment destination and host venue for Williamsburg, Virginia.; Discovery Cove
the inaugural Formula One Abu Dhabi and Aquatica in Orlando; Sesame Place
Grand Prix, Ferrari World Abu Dhabi near Philadelphia, Pennsylvania; and water
will be the world’s largest indoor theme parks Adventure Island in Tampa and
park and the fi rst ever Ferrari theme Water Country USA in Williamsburg.
park when it opens later in 2010. The new name is designed to refl ect the
A joint venture management con- prominence of the SeaWorld brand in both
struction company owned by Aldar and the family travel industry and among the
Besix, a Belgian construction group, company’s portfolio of parks.
is responsible for the management Meanwhile, the Busch Gardens Tampa
of the project, while UK fi rm Benoy Bay park has unveiled four new behind-
is the architect and lead consultant. the-scenes tours for 2010 in a bid to allow
The park will host more than 20 rides, visitors to learn more about a range of
including a super-fast rollercoaster. SeaWorld was acquired by Blackstone attractions at the park.
12 Read Attractions Management online
attractionsmanagement.com/digital AM 1 2010
©
cybertrek 2010
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86