PROVEN BUSINESS CONCEPTS WITH XBODY XBody’s goal is to see you and your EMS business succeed. That is why we don’t just sell equipment, we provide know-how, expert knowledge,…read more
Merlin looks to major growth in Asia
Global attractions operator Merlin Entertainments is looking to expand further in Asia, aiming for up to a third of its turnover to come from the region.
Speaking on the BBC's Asia Business Report Merlin's Managing Director in Asia, Glenn Earlam, explained that Asia is "the most important growth area" for the UK-based business with ample opportunities for growth.
Earlham stated that Merlin is "interested in expanding in Singapore and more broadly in Asia", adding "we continue to be interested in the Singapore Flyer and in other brands like Madame Tussauds and the Sea Life brand that we could bring to this market."
Earlham added that Asia is the "most important (growth) area for us going forward.
"Asia has gone from 2% to 14% of our turnover in two years ... growth has been much stronger in Asia than in other areas around the world."
Earlham rejected a suggestion that the Asian attractions market might be saturated, concluding "the market continues to grow and grow substantially and the nature of attractions will change.
"(We will see) more high quality international branded attractions that will become more prominent."
Merlin, which operates Madame Tussauds, London Eye observation wheel and the Blackpool Tower in the United Kingdom, has become a major player in Australia and Asian attractions market in recent years. The company is Europe's top and the world's second-largest visitor attraction operator as well as being the world's biggest global aquarium operator.
For more information go to www.bbc.co.uk/news/business-23155428
18th June 2013 - MERLIN ENTERTAINMENTS TO LIST ON LONDON STOCK MARKET
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.
revolutioniseSPORT is the emerging market leader in online club management in Australia. Whether it is memberships, registrations, events, online sales or governance tools - revolutioniseSPORT is the…read more
Vlocker Pty Ltd has been designing, manufacturing, installing and servicing locker systems worldwide since 1995. Vlocker specialises in providing locker solutions to suit client requirements in…read more
Vticket Pty Ltd is the Australian and New Zealand distributor for Gateway Ticketing Systems Inc., the world leader in high-speed access control, admission control and ticketing software for the…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
AQUASPIN™ - Aqua Cycling Aquaspin™’s sessions have been specially designed by our Master Trainer to be challenging yet fun group cycling sessions. Each session is tailored to…read more
SLE Worldwide Australia is a Managing General Underwriter specialising in insuring risks in the world of Sports, Leisure and Entertainment. Be it relaxing, playing, organising or watching sports,…read more
Since 1989 Elite Pool Covers have designed and manufactured an extensive range of high quality affordable manual,semi-automatic and fully-automatic pool cover systems for the harsh Australian…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!