Latest
issue
GET ATTRACTIONS MANAGEMENT
magazine
Yes! Send me the FREE digital edition of Attractions Management and the FREE weekly Attractions Management ezines and breaking news alerts!
Not right now, thanksclose this window
Get Attractions Management digital magazine FREE
Sign up here ▸
Jobs   News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
NEWS
Chiang appointment signals increased China push by Merlin
POSTED 11 Nov 2015 . BY Tom Anstey
Yun Chiang's appointment is part of a move by Merlin to increase investments in the Chinese market
Merlin Entertainments has appointed Rachel Yun Chiang, partner at multi-billion dollar Asian investment firm Pacific Alliance Group (PAG), to its board in a non-executive director role as the company seeks to expand its reach across the booming Chinese attractions market.

Chiang, who manages more than US$11bn (€10.2bn, £7.3bn) in funds for PAG, is also a founding member of its private equity arm. In addition, Chiang holds non-executive roles with Hong Kong firms Sands China and Pacific Century Premium Developments (PCPD), which specialises in premium property development and management.

"Rachel brings with her a wealth of experience in the Asian consumer and property markets,” said Sir John Sunderland, non-executive chair at Merlin. “Her efforts will prove invaluable as Merlin increasingly focuses its resources and efforts towards this region."

Merlin recently signalled its intent to capitalise on the Chinese market following a visit to the UK by the country’s President Xi Jinping. During the visit, the operator announced plans to build a US$300m (£194m, €265m) Legoland theme park in Shanghai as a joint venture between Merlin and Chinese investment firm China Media Capital (CMC). In addition, Merlin said that other midway opportunities in China will be explored by the joint venture, including the Dungeons, Legoland Discovery Centres and attractions with DreamWorks IPs such as Kung Fu Panda and Shrek.

At the time Merlin CEO Nick Varney called China a “key growth market” for the group, with the CMC partnership “providing a significant opportunity to accelerate our plans”. Merlin currently runs five attractions in China, with plans for three further attractions to open in the next 18 months.
RELATED STORIES
  Chinese investor backs Merlin to build Legoland Shanghai


The effects of the Chinese president's state visit to the UK continues to be felt within the domestic attractions industry as Merlin Entertainments revealed plans to build Legoland Shanghai.
  Legoland Discovery Centre and Sea Life Aquarium heading to New Jersey mega mall in 2017


Merlin Entertainments has announced two additions to the under-development American Dream New Jersey mega mall, with the operator’s premier Sea Life Aquarium and Legoland Discovery Centre coming to the shopping and entertainment centre when it opens in 2017.
  Merlin records weak summer at UK theme parks after Smiler accident


After suggesting that the rollercoaster crash that seriously injured four people in June could affect profits by up to £50m (US$77.6m, €70m), Alton Towers operator Merlin Entertainment has confirmed a notable slump after weak trade through the UK’s summer months.
  Australia's first major Lego attraction coming to Melbourne


Australia is about to gain its first major Lego attraction after Merlin Entertainments reached a deal with Melbourne’s Chadstone shopping mall to open the country’s first Legoland Discovery Centre there.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
+ More news   
LATEST JOBS
Director of Operations
Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Job location: Luton , United Kingdom
Chief Executive Officer, Mount Batten Centre
Mount Batten Group
Salary: c£65,000pa + pension + benefits
Job location: mount batten centre, plymouth , United Kingdom
+ More jobs  

COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
+ More profiles  
FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
LATEST ISSUES
+ View Magazine Archive

Attractions Management

2024 issue 1


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 4


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 3


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2023 issue 2


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management News

06 Apr 2020 issue 153


View on turning pages
Download PDF
View archive
FREE digital subscription
Print subscription

Attractions Handbook

2019


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
ATTRACTIONS MANAGEMENT
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Get Attractions Management digital magazine FREE
Sign up here ▸
Jobs    News   Products   Magazine   Subscribe
NEWS
Chiang appointment signals increased China push by Merlin
POSTED 11 Nov 2015 . BY Tom Anstey
Yun Chiang's appointment is part of a move by Merlin to increase investments in the Chinese market
Merlin Entertainments has appointed Rachel Yun Chiang, partner at multi-billion dollar Asian investment firm Pacific Alliance Group (PAG), to its board in a non-executive director role as the company seeks to expand its reach across the booming Chinese attractions market.

Chiang, who manages more than US$11bn (€10.2bn, £7.3bn) in funds for PAG, is also a founding member of its private equity arm. In addition, Chiang holds non-executive roles with Hong Kong firms Sands China and Pacific Century Premium Developments (PCPD), which specialises in premium property development and management.

"Rachel brings with her a wealth of experience in the Asian consumer and property markets,” said Sir John Sunderland, non-executive chair at Merlin. “Her efforts will prove invaluable as Merlin increasingly focuses its resources and efforts towards this region."

Merlin recently signalled its intent to capitalise on the Chinese market following a visit to the UK by the country’s President Xi Jinping. During the visit, the operator announced plans to build a US$300m (£194m, €265m) Legoland theme park in Shanghai as a joint venture between Merlin and Chinese investment firm China Media Capital (CMC). In addition, Merlin said that other midway opportunities in China will be explored by the joint venture, including the Dungeons, Legoland Discovery Centres and attractions with DreamWorks IPs such as Kung Fu Panda and Shrek.

At the time Merlin CEO Nick Varney called China a “key growth market” for the group, with the CMC partnership “providing a significant opportunity to accelerate our plans”. Merlin currently runs five attractions in China, with plans for three further attractions to open in the next 18 months.
RELATED STORIES
Chinese investor backs Merlin to build Legoland Shanghai


The effects of the Chinese president's state visit to the UK continues to be felt within the domestic attractions industry as Merlin Entertainments revealed plans to build Legoland Shanghai.
Legoland Discovery Centre and Sea Life Aquarium heading to New Jersey mega mall in 2017


Merlin Entertainments has announced two additions to the under-development American Dream New Jersey mega mall, with the operator’s premier Sea Life Aquarium and Legoland Discovery Centre coming to the shopping and entertainment centre when it opens in 2017.
Merlin records weak summer at UK theme parks after Smiler accident


After suggesting that the rollercoaster crash that seriously injured four people in June could affect profits by up to £50m (US$77.6m, €70m), Alton Towers operator Merlin Entertainment has confirmed a notable slump after weak trade through the UK’s summer months.
Australia's first major Lego attraction coming to Melbourne


Australia is about to gain its first major Lego attraction after Merlin Entertainments reached a deal with Melbourne’s Chadstone shopping mall to open the country’s first Legoland Discovery Centre there.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
+ More news   
 
COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
+ More profiles  
FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS