Property News · September 19, 2017

Bumpy ride ahead for theme park operators in China


Despite all the excitement over the theme park businesses in China, Wang Xuguang, chief executive of Dalian-based Haichang Ocean Park Holdings, refuses to strike an optimistic note.
The number of visitors to the country’s theme parks will likely reach 220 million in 2020, nearly double the attendance of about 120 million in 2015.
But competition and higher operating costs bode ill for theme parks, Wang said.
“About 90 per cent of the theme parks around the world see their businesses…

Source : South China Morning Post
Read more…Bumpy ride ahead for theme park operators in China

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