Hydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…read more
Investments in China’s theme parks driving Asian tourism
China’s theme park boom has been identified as a major trend for Asia in this year’s edition of the Global Trends Report, with new developments and an emerging middle class driving tourism in the region.
As its theme park sector continues to thrive, China predicts spending at its parks to reach nearly US$12 billion by 2020, with visitor numbers surpassing 330 million people. As Chinese disposable income rises, leisure attractions are reaping the rewards, with tourism numbers increasing as more leisure opportunities become available to tourists.
As of the end of 2015, China has 59 parks planned or under construction.
This explosion in theme park development in the country is due in part to the Chinese Government lifting a ban on theme park approval in 2013, enabling parks under US$800 million to be approved at a provincial level, encouraging investors.
Wouter Geerts, Lead Editor of the Global Trends Report and a Travel Analyst for Euromonitor explained “local theme parks are a little different from the international giants.
“Most importantly they operate a mixed tourism and property business model, with revenues from hotels, shops and apartments often more profitable than ticket sales into the park itself.
“This mix of shopping and theme park is a hugely attractive combination for a wide range of nationalities and ages.”
Future plans for parks include developments from giants such as Universal Studios, Six Flags, Ferrari and Fox, with all four operators planning multi-billion dollar developments in the country.
For more information go to http://blog.euromonitor.com/
Image: Chimelong Hengqin Ocean Kingdom, Zhuhai, southern China.
18th October 2016 - NEW DALIAN WANDA CULTURAL THEME PARK OPENS IN SOUTHERN CHINA
24th September 2016 - OCEAN PARK CHIEF EXECUTIVE CONFIDENT OF ATTRACTING MORE VISITORS
27th May 2016 - ASIAN THEME PARKS LEAD GLOBAL ATTRACTIONS INDUSTRY GROWTH
5th September 2015 - MORE THAN 50 THEME PARKS UNDER DEVELOPMENT IN CHINA
5th June 2015 - ASIAN MARKET DRIVES EXPANDING GLOBAL THEME PARK ATTENDANCES
23rd April 2014 - AQUARIUM AT CHIMELONG OCEAN KINGDOM CONFIRMED AS WORLD’S LARGEST
18th March 2014 - CHINA ON THE EDGE OF LEISURE BUILDING EXPLOSION
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.
The Complete Guide to Leisure Industry Products & Services.
Our team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…read more
TPEC Pool Enclosures provide a large range of premium commercial and residential retractable swimming pool, spa and terrace enclosures throughout Australia, servicing residential, local government…read more
Felton Industries is Australia’s leading designer, manufacturer and supplier of quality outdoor furniture and has been supplying premium seating solutions for all sporting, commercial, community…read more
Centaman has been a market leader in Enterprise Software Solutions for the leisure and recreation industry and both profit and not-for-profit attractions since 1991. It offers a wide range of software…read more
PathMinder Pty Ltd have partnered with AllUser Industries srl to bring Europe’s most advanced high security portals to the Australian and New Zealand markets. AllUser Industries started to…read more
Clubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…read more
Hadley Australia and Series Australia Pty Ltd are the leading quality theatre chair manufacturers in the southern hemisphere. The businesses work closely with architects, interior designers and…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!