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Dubai’s 20th Century Fox World theme park on hold as developer warns of attractions oversupply

Dubai’s 20th Century Fox World theme park on hold as developer warns of attractions oversupply
May 1, 2018

Plans for a 20th Century Fox World theme park in Dubai are on hold, with the developer voicing concern about an “oversupply” of attractions in the region.

Al Ahli Group signed a global licensing deal with Twentieth Century Fox Consumer Products in 2015, allowing it to build four Fox branded theme parks anywhere outside the US.

The first one was to be a 36 hectare property in Dubai adjacent to Outlet Mall, with attractions based on Fox products, such as The Simpsons, Ice Age, Night at the Museum, Planet of the Apes and Titanic.

However, with work yet to begin on the property, Al Ahli Group Chief Exectuive Mohammed Khammas has voiced concerns over an “oversupply” of themed entertainment destinations in the region.

Speaking to Arabian Business, Khammas stated “we've realised that there’s now a serious supply of theme parks in Dubai.

“The developers have done an amazing job, and the existing offering is perfect, but right now people should stay away from developing another one, at least for the foreseeable future.”

In recent years, Dubai Parks and Resorts has invested US$2.9 billion in building Bollywood, Legoland, MotionGate, and Riverland; IMG World has launched next to Global Village, and Six Flags is expected to open in late 2019.

In addition, Abu Dhabi has Ferrari World, with Warner Bros. Abu Dhabi set to open in the middle of the year.

In the interview, Khammas also warned against the oversupply of “identikit” shopping malls in Dubai, adding “within the same stretch of highway near (in Dubai) I run into seven malls, but I can only shop in one of them.

“I understand that developers gravitate towards what seems to make the most money, but it needs to be a sustainable business over the long run.”

26th June 2018 - ABU DHABI DEVELOPERS LOOK FOR YAS ISLAND TO BECOME TOP GLOBAL LEISURE DESTINATION

8th February 2018 - RIDES REVEALED AS WARNER BROS WORLD ABU DHABI CONSTRUCTION MOVES FORWARD

6th January 2018 - BUILDER ANNOUNCED TO DELIVER ABU DHABI’S MULTIPURPOSE YAS ARENA 

1st February 2017 - FERRARI WORLD ABU DHABI EXPANSION TO DRIVE MORE VISITS

30th January 2017 - SEA WORLD TO OPEN ON ABU DHABI’S YAS ISLAND 

13th October 2016 - AUTHORITIES PLAN TO REUSE MORE THAN 80% OF DUBAI EXPO 2020 SITE

3rd June 2016 - DUBAI TO BUILD NEW 10,000 CAPACITY CONFERENCE CENTRE

12th January 2015 - YAS MALL BRINGS NEW RETAIL AND ENTERTAINMENT EXPERIENCES TO ABU DHABI

4th November 2015 - FOX WORLD THEME PARK AND RESORT TO BE DEVELOPED IN DUBAI

21st October 2015 - WEAK RINGGIT DELAYS OPENING OF TWENTIETH CENTURY FOX THEME PARK IN MALAYSIA

29th June 2015 - THEME PARKS IN DUBAI SET TO ATTRACT REVENUES CLOSE TO US$5 BILLION BY 2020

23rd June 2015 - UAE LEISURE SECTOR TO ATTRACT 45 MILLION VISITORS BY 2021

17th July 2014 - VILLAGE ROADSHOW TO DEVELOP ASIA’S SECOND TWENTIETH CENTURY FOX WORLD THEME PARK 

10th April 2014 - ABU DHABI SEEKS INVESTORS FOR EVENTS VENUE 


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Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

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