MARKET REPORT: ASIA PACIFIC Chimelong Marine Science Park


Insights into the Asia Pacific region Chris Yoshii, vice president at AECOM, shares a positive outlook


restrictions. For most attractions, this was the first year in four years where they were profitable and could build back their revenue, staffing and operations. While visitor numbers are recovering, spending per visitor remained depressed partially due to competition and partially due to the economy. Existing theme attractions are beginning plans for upgrades and


T 20


he attractions industry in Asia recovered strongly in 2023 from the negative impact of Covid-19


expansions while new smaller attractions are in the works. In 2022, our research indicated overall attendance and major theme parks was about 58% of pre pandemic levels, largely due to sharp reductions in Mainland China. For 2023, we are expecting a strong recovery to 85% to 95% of pre pandemic levels. The strong recovery of Universal Studios Beijing and Shanghai Disney will help lift the overall Asia market.


Highlights for 2023 While most parks were quiet during the covid years, behind the scenes there was plenty of activity resulting in a few major openings in 2023. Disney has maintained their investments in expansion work and the fruits of their labor are showing results. The World of Frozen at Hong Kong Disneyland opened to the public in November 2023 with a very strong Christmas program. The Zootopia-themed land at Shanghai Disney opened in


PARK WORLD Handbook & Buyer’s Guide 2023/24


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