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MARKET REPORT: ASIA PACIFIC Hong Kong Disneyland


– Paramount Studios announced a partnership with Shinsegae for a major IP Theme Park south of Seoul.


The Outlook for Asia in 2025 The outlook for Asia in 2025 is expected to be mixed once again. The parks in Japan, Korea and Southeast Asia will benefit from recent investments and openings as well as robust tourism. This should give more impetus to local parks to invest in refreshing, renovating and upgrading their contents. Temporary exhibitions and attractions are generally doing well in the region, particularly those with some IP elements. These are expected to continue and expand. For China, the market will likely remain soft, with low levels of consumer spending.


Lower-cost attractions such as museums, zoos, aquariums and scenic areas will continue to show strong attendance. Alternative format attractions such as digit media art exhibits and indoor


ski /snow play are gaining. Nonetheless, new theme park projects are planned to open in China which will hopefully capture the imagination of the market and investors.


Xiaomeisha Ocean World Shenzhen


PARK WORLD Handbook & Buyers’ Guide 2024/25


23


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