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11 Aug 2017
DXB reshapes business following poor second quarter
Almost a year on from the launch of its multi-billion pound theme park and resort development in Dubai, operator DXB Entertainments has announced a significant losses for the second quarter of 2017. Losses for the second quarter grew by almost six times, with AED286.2m (US$77.9m, €66.3m, £55.9m) losses
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10 Aug 2017
UK rides reopen following death of man on similar US attraction in Ohio
A number of rides at theme parks in the UK have reopened after being shut down by the Health and Safety Executive (HSE) following an accident on a similar attraction in the US which left one dead and seven injured. Eighteen-year-old Tyler Jarrell died at the Ohio State Fair on 26 July after being thrown into
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10 Aug 2017
Bear Grylls Survival Academy launches at ZSL Whipsnade Zoo
Adventure survivalist Bear Grylls and ZSL Whipsnade Zoo in Bedfordshire, UK, have teamed up to bring a brand new summer academy for kids to put their survival skills to the test. Opened on 29 July and running through to 3 September, visitors can take on a number of Bear Grylls-inspired challenges and
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10 Aug 2017
'Plenty of opportunity for expansion in China' says Iger as Shanghai booms
Disney chair Bob Iger has said that there is “plenty of opportunity for expansion” in China, as its parks division, buoyed by the operator’s overseas ventures, enjoyed a strong third quarter of the fiscal year. In its latest earnings report, an increase in visitor spending at Disney's Shanghai and Paris resorts
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10 Aug 2017
Japanese ‘spa-amusement’ park draws in the crowds
A spa-themed amusement park, which first started as an internet campaign intended to promote the 2,000 onsens (or hot springs) in the Japanese city of Beppu, became a reality this month. The existing Rakutenchi theme park in Beppu was “re-purposed” over a single weekend and renamed “Yu-Enchi” – a play on the
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10 Aug 2017
SeaWorld continuing with Chinese expansion plans despite domestic woes
Despite recent setbacks in its latest earnings report, SeaWorld continues to move forward with its Chinese expansion plans following its partial acquisition by Chinese investment firm Zhonghong Zhuoye Group (ZZG) earlier this year. Purchasing a 21 per cent stake of SeaWorld in March, ZZG and SeaWorld outlined
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09 Aug 2017
World's longest suspension bridge launches in Swiss Alps
The world’s longest pedestrian suspension bridge has opened in the Swiss Alps, offering brave trekkers a shortcut across one of the region’s most dramatic valleys. The 494m long Charles Kuonen Suspension Bridge, which is 86m above the ground at its highest point, stretches between the towns of Grächen and
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08 Aug 2017
SeaWorld to cut further costs following poor first half of 2017
SeaWorld president and CEO Joel Manby has said the company is not happy with its results for the quarter as the operator plans to further slash costs while attempting to reshape itself following several years of turmoil. Attendance year-on-year for the quarter for SeaWorld was up by 138,000 guests, though this
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07 Aug 2017
SeaWorld names Marc Swanson as CFO
SeaWorld has named Marc Swanson as its new chief financial officer with Elizabeth Gulacsy taking up Swanson’s previous position of chief accounting officer. Swanson, who had served since 2012 as CAO and previously acted as interim CFO between June and September 2015, has also held positions within the company
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07 Aug 2017
Former V&A director Martin Roth dies aged 62
Martin Roth - the former Victoria and Albert Museum (V&A) director and the first German to head up a major UK cultural institution - has died aged 62. Acting as V&A director for five years between 2011 and 2016, Roth resigned from his position in September last year, saying his decision had been fuelled in-part
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04 Aug 2017
Cedar Fair plans big investments for 2018
Cedar Fair has promised significant investment into the operator’s attractions portfolio in 2018, with the planned additions supported by record results in the company’s latest earnings report. During the first half of 2017, Cedar Fair has made an estimated US$125m (€105.2m, £95.2m) investment in capital
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Design, build and produce theme parks, themed attractions, auditorium shows, 4D theaters and dark rides, including IP-based attractions.
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