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Six Flags eyes further international expansion with Saudi Arabia plans
POSTED 20 Jun 2016 . BY Tom Anstey
Six Flags continues to focus its efforts outside of the US, with plans to bring its theme park brand to Saudi Arabia as its global expansion continues.

Operating under a franchise model, Six Flags has seen its global footprint start to rapidly expand in 2016. The operator has already confirmed plans for Six Flags developments in Dubai, Vietnam and China, with park CEO John Duffey exclusively telling Attractions Management earlier this month that those plans were the first step in building “multiple” Six Flags parks across the Middle East and Asia in the next decade.

Speaking on Saudi-owned Arabiya TV today (20 June), Duffey confirmed plans for a Saudi theme park, stating that Six Flags’ parks could “provide the entertainment to which Saudis aspire."

Six Flags chair James-Reid Anderson had previously met with prince Mohammed bin Salman, who is seeking alternative revenues for the Saudi kingdom as most of the Middle East turns its eye to tourism before its oil supplies run dry.

After exiting bankruptcy-court protection in May 2010, Six Flags has shown good growth post-recession as attendance and ticket sales have improved. Last year marked the company’s sixth consecutive year of record performance and during that time more than US$2bn (€1.8bn, £1.4bn) has been returned to shareholders.
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Jobs . News . Products . Magazine
NEWS
Six Flags eyes further international expansion with Saudi Arabia plans
POSTED 20 Jun 2016 . BY Tom Anstey
Six Flags continues to focus its efforts outside of the US, with plans to bring its theme park brand to Saudi Arabia as its global expansion continues.

Operating under a franchise model, Six Flags has seen its global footprint start to rapidly expand in 2016. The operator has already confirmed plans for Six Flags developments in Dubai, Vietnam and China, with park CEO John Duffey exclusively telling Attractions Management earlier this month that those plans were the first step in building “multiple” Six Flags parks across the Middle East and Asia in the next decade.

Speaking on Saudi-owned Arabiya TV today (20 June), Duffey confirmed plans for a Saudi theme park, stating that Six Flags’ parks could “provide the entertainment to which Saudis aspire."

Six Flags chair James-Reid Anderson had previously met with prince Mohammed bin Salman, who is seeking alternative revenues for the Saudi kingdom as most of the Middle East turns its eye to tourism before its oil supplies run dry.

After exiting bankruptcy-court protection in May 2010, Six Flags has shown good growth post-recession as attendance and ticket sales have improved. Last year marked the company’s sixth consecutive year of record performance and during that time more than US$2bn (€1.8bn, £1.4bn) has been returned to shareholders.
RELATED STORIES
Six Flags announces US$500m share repurchase plan


Six Flags has approved plans allowing the theme park operator to repurchase US$500m (€440.9m, £343m) of its common stock.
Exclusive: Six Flags heads East with eye on further expansion, says CEO John Duffey


When Six Flags CEO John Duffey took the reins early this year, things were in great shape. Last year marked the company’s sixth consecutive year of record performance and during that time more than US$2bn (€1.8bn, £1.4bn) has been returned to shareholders.
Six Flags stocks soar with record Q1 figures


Six Flags has reached record numbers in the stock market after posting its smallest ever loss during a traditionally tough first quarter.
New proposals could revive abandoned Six Flags theme park in New Orleans


A former Six Flags theme park abandoned in 2005 after severe flooding stemming from Hurricane Katrina could be given a new lease of life after two groups of developers laid out proposals to revive the theme park.
MORE NEWS
£15m waterpark opens in Wales ahead of Easter weekend
A new £15m (US$19.5m, €17.3m) waterpark has opened its doors to the public in Rhyl, Wales, with three flumes for thrillseekers to enjoy.
Elton John makes significant V&A donation for photography collaboration
London’s V&A Museum has announced a partnership with Elton John and his husband, David Furnish, that will see its Gallery 101 in the newly opened V&A Photography Centre renamed 'The Sir Elton John and David Furnish Gallery'.
Climate Emergency campaign draws support from UK culture sector
More than 190 UK institutions and individuals from the arts and culture sectors have pledged their support to Culture Declares Emergency (CDE), which is part of the Climate Emergency Declaration campaign.
Disney makes US$5m donation to Notre-Dame rebuild following blaze
Disney has donated US$5m (€4.4m, £3.8m) toward the restoration efforts of Notre-Dame Cathedral, following the huge fire that destroyed much of the iconic landmark in Paris.
+ More news   
LATEST JOBS
Sales and Marketing Manager
Continuum Attractions
Salary: Up to £24,000
Job location: Oxford, UK
Head of Cultural and Community Services
South Derbyshire District Council
Salary: Up to £65,000
Job location: Derbyshire, UK
Attraction Operations Manager
Legoland Discovery Centre
Salary: Competitive
Job location: Tempe, Arizona, USA
Customer Relationship Manager
Merlin Entertainments Group
Salary: Competitive
Job location: Sydney NSW, Australia
Regional HSS Manager (Asia)
Merlin Entertainments Group
Salary: Competitive
Job location: Shanghai, China
Assistant Director Visitor and Site Operations
Eureka
Salary: Circa £42,000 per annum
Job location: Halifax, UK
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

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