UAE theme parks on growth mode
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Recent industry reports suggest that UAE theme park revenues will increase by 78% from US$ 470 million in 2015 to US$837 m in 2019.
The UAE is reported to have five theme parks under development at present including three parks within the major Dubai Parks and Resorts development: motiongate Dubai, Bollywood Parks Dubai and LEGOLAND Dubai (2016), IMG Worlds of Adventure (2016), and Warner Bros (2018) on Abu Dhabi’s Yas Island.
These growth avenues will be discussed and debated at the Leisure Show Dubai 2015 which is scheduled to take place in Dubai along with The Hotel Show.
PwC Middle East will discuss ‘UAE’s transformation into a world-class leisure and entertainment destination’ as part of the ‘MEGA Trends’ panel at the Vision Conference in Dubai in September.
Philip Shepherd, Middle East Hospitality and Leisure leader at PwC said: “Globally, theme parks in Europe, Far East and USA, Orlando in particular, dominate the market. However, theme parks in the UAE have the potential to see over 18 m visits by 2021, versus Hong Kong’s 15m.”
PwC predict ultimate theme park success in the UAE will depend on collaborative working between the Emirates, hotels and attractions to provide a complimentary and complete offering for tourists.
Alongside the ‘Vision Conference 2015’, there will also be ‘MEGA Projects – An inside View’ session which will include three major UAE developments: Al Marjan Island, Ras Al Khaimah (Ras Al Khaimah Tourism Development Authority), Paramount Hotel Dubai (Paramount Hotels & Resorts) and ME Dubai Hotel (Melia Hotels International).
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