{"id":66784,"date":"2017-09-19T08:31:30","date_gmt":"2017-09-19T01:31:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bumpy-ride-ahead-for-theme-park-operators-in-china\/"},"modified":"2017-09-19T08:48:59","modified_gmt":"2017-09-19T01:48:59","slug":"bumpy-ride-ahead-for-theme-park-operators-in-china","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bumpy-ride-ahead-for-theme-park-operators-in-china\/","title":{"rendered":"Bumpy ride ahead for theme park operators in China"},"content":{"rendered":"


\nDespite 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.
\nThe number of visitors to the country\u2019s theme parks will likely reach 220 million in 2020, nearly double the attendance of about 120 million in 2015.
\nBut competition and higher operating costs bode ill for theme parks, Wang said.
\n\u201cAbout 90 per cent of the theme parks around the world see their businesses…
\n
\nSource : South China Morning Post
\nRead more…Bumpy ride ahead for theme park operators in China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite all the excitement over the theme park businesses in China, Wang Xuguang, chief executive...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-66784","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hna","jetpack-related-posts":[{"id":63300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotels-shares-soar-on-wang-jianlins-plan-to-turn-it-into-a-hotel-and-theme-park-manager\/","url_meta":{"origin":66784,"position":0},"title":"Wanda Hotel\u2019s shares soar on Wang Jianlin\u2019s plan to turn it into a hotel and theme park manager","date":"August 10, 2017","format":false,"excerpt":"\r Chinese magnate Wang Jianlin, fresh from an epic sale of 77 of his hotels and 13 theme parks to pursue what he calls an \u201casset light\u201d business model, has injected the management and operations of his erstwhile assets into one of his Hong Kong affiliates, as he rearranges his\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102275,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-to-build-a-us1-74-billion-theme-park-in-the-cradle-of-the-chinese-communist-revolution-to-cash-in-on-red-tourism\/","url_meta":{"origin":66784,"position":1},"title":"Wanda to build a US$1.74 billion theme park in the cradle of the Chinese Communist revolution to cash in on \u2018red tourism\u2019","date":"December 14, 2018","format":false,"excerpt":"\r Wanda Group, the property and theme park conglomerate built by former People\u2019s Liberation Army officer Wang Jianlin, will spend 12 billion yuan (US$1.74 billion) to build a theme park in the Communist Party\u2019s revolutionary birthplace Yan\u2019an to cash in on the growing trend of so-called \u201cred tourism\u201d. The theme\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-chinas-theme-parks-really-hold-the-ticket-to-tourism-dollars\/","url_meta":{"origin":66784,"position":2},"title":"Do China\u2019s theme parks really hold the ticket to tourism dollars?","date":"February 5, 2017","format":false,"excerpt":"\r Chinese tycoon Hui Ka-yan, whose businesses span residential properties and football clubs, has become the latest developer to pile into building theme parks, aiming to stake out a piece of the country\u2019s US$610 billion tourism industry. Hui\u2019s China Evergrande Group last month unveiled its 50 billion yuan (US$7.3 billion)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-sells-most-of-wanda-hotel-and-tourism-portfolio-to-rival-magnate-for-us9-3-billion\/","url_meta":{"origin":66784,"position":3},"title":"Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion","date":"July 10, 2017","format":false,"excerpt":"\r Wanda Group, one of China\u2019s most aggressive overseas asset buyers of recent years, has announced the disposal of the majority of magnate Wang Jianlin\u2019s hotel and tourism portfolio to a rival, in the country\u2019s biggest single property transaction, as it raises funds to repay loans. Wanda will sell 76\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-china-building-too-many-theme-parks\/","url_meta":{"origin":66784,"position":4},"title":"Is China building too many theme parks?","date":"May 23, 2016","format":false,"excerpt":"\r Disneyland, Ocean Park to Hello Kitty Park, theme parks are springing up all over China and funds have been flooded into the industry, but will this building boom head toward another property bubble?\r \r Source : South China Morning Post\r Read more...Is China building too many theme parks?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","url_meta":{"origin":66784,"position":5},"title":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal","date":"July 12, 2017","format":false,"excerpt":"\r Wang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of his hotel and tourism portfolio for 63 billion yuan to Sunac China. Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion Sunac, founded by Shanxi tycoon Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66784"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=66784"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66784\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}