Latest News

Back to Latest News back

 

Six Flags announces Asian expansion plans with theme parks in Dubai and Vietnam

Six Flags announces Asian expansion plans with theme parks in Dubai and Vietnam
March 29, 2016

US-based attractions operator Six Flags Entertainment has announced plans to expand its brand across Asia with the opening of theme parks in Vietnam and Dubai.

Licensing its Six Flags brand to local developers and operators will see Vietnam-based NaVi Entertainment build a Six Flags theme park and as Six Flags Hurricane Harbor waterpark banners near Ho Chi Minh City.

In Dubai, the directors of Dubai Parks and Resorts are to issue shares worth 1.67 billion dirhams (US$454 million) to raise money for a Six Flags Dubai park.

The new spending by Dubai Parks and Resorts, which already includes Bollywood and movie-themed parks, as well as a Legoland, will raise the cost of the entire project to well over US $3 billion.

Announcing its Asian expansion, Six Flags President and Chief Executive John Duffey stated “our international licensing strategy is gaining momentum and provides strong long-term upside for the company above and beyond the growth opportunity of our North American properties.”

Grand Prairie, Texas-based Six Flags currently operates 18 parks in the USA, Mexico and Canada. Outside of North America it licences its brand to local developers and investors, not paying for the attractions’ construction, but gaining earnings through use of its trademarks.

For the Dubai theme park, Six Flags spokeswoman Nancy Krejsa said that "will be heavily involved in managing" the attraction.

A Six Flags theme park in Dubai has been planned for close to a decade, originally as part of the ill-fated Dubailand development, which collapsed during the GFC when property values crashed in the United Arab Emirates.

An opening dates for Six Flags in Dubai has yet to be announced while the Vietnamese attractions are expected to open by 2021.

Earlier this year, Six Flags and Canadian-based Riverside Investment Group announced it had started work on the Six Flags park in Haiyan, south of Shanghai. That attraction is expected to open in 2019.

13th February 2016 - DUBAI PARKS AND RESORTS ON TRACK TO OPEN IN OCTOBER 2016

12th December 2015 - 30TH ANNIVERSARY OF OPENING OF AUSTRALIA’S WONDERLAND

26th July 2014 - DUBAI’S LATEST LEISURE DEVELOPMENTS

2nd June 2008 - SIX FLAGS PLANS MOVE INTO CHINA


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.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

GEOFF NINNES FONG AND PARTNERS

Geoff Ninnes Fong & Partners (GNFP) is a structural, aquatic and civil engineering consultancy with broad experience in the design of new municipal and institutional swimming pools, hydrotherapy…

read more

Aquatics / Consultants / Design / Venues

 
 

IEDM

iEDM integrate Design, Engineering and Delivery Management services to convert existing spaces into exciting new entertainment venues. Our team consists of highly qualified professionals with diverse…

read more

Consultants / Design

 
 

METRA Australia

METRA Australia is your innovation partner for smart electronic locking, Access Control solutions and cashless payment systems to suit all types of leisure facilities.  Our team’s…

read more

Aquatics / Attractions / Fitness / Recreation / Security

 
 

GUNNEBO

Gunnebo is a global provider of security and access control solutions and services with sales companies in 31 countries in Europe, the Middle East, Africa, Asia, the Americas and Australia.…

read more

Attractions / Entertainment / Security / Ticketing / Venues

 
 

AlphaFit

AUSTRALIAN MADE. BUILT NOT BOUGHT. AlphaFit is a 100% Australian owned family company manufacturing gear specifically for the strength and conditioning, functional fitness and high-performance…

read more

Fitness / Recreation / Sport / Technology / Wellness

 
 

Vticket

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

Attractions / Security / Technology / Ticketing / Venues

 
 

Crystal Pools

Crystal Pools has a solid history of performance on a wide variety of government and commercial projects and is the name behind many of Australia’s most innovative and ambitious aquatic…

read more

Aquatics / Design

 
 

The Retention People Australia

TRP help health clubs, leisure centres and gyms across the globe create happy, loyal members through our user-friendly software which enables effective engagement and the delivery exceptional customer…

read more

Fitness / Marketing / Recreation / Technology / Wellness

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business