Six Flags confirms Saudi Arabia plans for 2022 | attractionsmanagement.com news
POST YOUR JOB ONLINE
Free ezine/digital edition sign up
Jobs . News . Features . Video . Products . Magazine . Handbook . Advertise . Contact us  
NEWS
Six Flags confirms Saudi Arabia plans for 2022
POSTED 05 Apr 2018 . BY Tom Anstey
Six Flags has confirmed long-awaited plans for its first Saudi Arabian venture, announcing plans to open a park as part of the kingdom’s new entertainment destination in Qiddiya by 2022.

It was revealed in June 2016 that Six Flags was focusing its expansion efforts outside of the US, eyeing Saudi Arabia as a potential location along with projects in Dubai, Vietnam and China.

In February last year, Saudi Arabia’s Public Investment Fund (PIF) – a company set up to manage the country’s sovereign wealth and facilitate development of its national economy – was reported to be interested in a deal with Six Flags.

Worth US$2tn (€1.87tn, £1.59tn) PIF has announced plans to develop the Six Flags-branded park under a franchise agreement, with the operator working alongside PIF to design and construct the visitor attraction, which will be part of Qiddiya – Saudi Arabia’s first entertainment, sports and cultural destination.

"Innovation is synonymous with the Six Flags brand, and our international licensing business provides a unique opportunity to continue our strong global growth," said David McKillips, president of the Six Flags International Development Company.

"We see great potential in the Saudi Arabian market and look forward to collaborating with the PIF to create a world-class entertainment destination for young people living in Saudi Arabia."

Part of Saudi Arabia’s Vision 2030 plan – which like much of the Middle East is aiming to reduce reliance on oil – includes a relaxation of the rules on its entertainment sector in an area which traditionally has been ultra-conservative, with particularly harsh laws in relation to women. By 2030, Saudi Arabia wants to have more than 450 clubs providing a variety of cultural activities and events, with the aim of doubling household spending on recreation to 6 percent.

"The entertainment sector has an important role to play in the transformation of Saudi Arabia’s economy," said the PIF.

"The Six Flags theme park and other similar developments will create new employment opportunities and harness the talent, energy and imagination of Saudi youth. Our investment in this sector is in line with our mission and delivers on a key element of Vision 2030."
RELATED STORIES
Six Flags targets new waterpark acquisitions in 2018 following record year


Six Flags is planning to increase its attractions portfolio in 2018, with the operator revealing discussions with a number of potential new partners as its waterpark acquisition strategy starts to build steam.
Six Flags' plans for world's first solar-powered theme park get green light


Six Flags Great Adventure in New Jersey, US, will be the world’s first theme park to go solar, after it reached an agreement with local groups over the game-changing plans.
Don Potts joins Riverside Group to oversee expansion of Six Flags destinations in China


Chinese real-estate developer Riverside Group has appointed Don Potts as vice president of resort, park and entertainment business operations.
MORE NEWS
Dialog-designed Zeidler Dome and S.P.A.C.E. Gallery open
Canadian science museum Telus World of Science, based in the city of Edmonton, has announced that two new spaces designed by Canadian architectural practice Dialog have opened.
Universal Studios set for the ‘Return of Michael Myers’
A raft of new, “terrifying” mazes will open at Universal Studios as part of the attraction’s Halloween Horror Nights event.
Crocodile Dundee’s fictional sequel significantly boosts Australian tourism
Tourist spending in Australia has grown by a huge AU $5.8bn (US$4.2bn, €3.7bn, £3.3bn), or 6 per cent for the year to March, according to latest figures.
US National Museum of Natural History’s Fossil Hall set for reopening
Kirk Johnson, museum director of the Smithsonian National Museum of Natural History in Washington DC, has announced its David H. Koch Hall of Fossils will reopen on 8 June 2019.
+ More news   
LATEST JOBS
Membership & Visitor Welcome Manager
National Trust
Salary: £23,375 pa
Job location: Cambridge, UK
Estate Food and Beverage Manager
jdr Hospitality Recruitment
Salary: From £60,000 to £65,000 per annum plus package
Job location: Somerset, UK
Business Manager
National Heritage Centre
Salary: Up to £55,000 (depending on experience) + pension
Job location: Newmarket, UK
iFly Indoor Skydiving Instructor
The Bear Grylls Adventure
Salary: Competitive
Job location: Marston Green, Birmingham, UK
Head of PR
Thorpe Park Resort
Salary: Competitive
Job location: Chertsey, UK
VIP Sales and Operations Manager
Chessington World of Adventures
Salary: £25,000 plus additional sales
Job location: Chessington, UK
+ More jobs  

COMPANY PROFILE
SimEx-Iwerks Entertainment

SimEx Inc. is the parent company of SimEx-Iwerks Entertainment. Our main offices are located in [more...]
+ More profiles  
FEATURED SUPPLIER

Superior Shade prioritises customer comfort
To keep guests comfortable in summer weather, many hotels and restaurants are choosing to add commercial shade umbrellas to their list of amenities. [more...]
VIDEO GALLERY

nWave Pictures - Birds of a Feather 4D Trailer
Flying south for winter, straitlaced bird BRIAN is unexpectedly knocked out the sky by overweight, loudmouthed pelican DEL. Find out more...
More videos:
Red Raion: Meet the Team - Introduction – Red Raion
ParadropVR by Frontgrid – Frontgrid
The Son Of Bigfoot 4D Trailer – nWave Pictures
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
ATTRACTIONS DIRECTORY
+ More directory  
ATTRACTIONS DIARY

28 Aug - 01 Sep 2018

World Leisure Congress 2018

tbc, Sao Paulo, Brazil
23-27 Sep 2018

EAS (Euro Attractions Show) 2018

RAI Exhibition and Convention Centre, Amsterdam, Germany
+ More diary  
LATEST ISSUES
+ View Magazine Archive

Attractions Management

2018 issue 2


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

Attractions Management

2018 issue 1


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

Attractions Management

2017 issue 4


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

Attractions Management

2017 issue 3


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

Attractions Management News

08 Aug 2018 issue 110


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

Attractions Handbook

2018


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

©Cybertrek 2018
Jobs . News . Products . Magazine
NEWS
Six Flags confirms Saudi Arabia plans for 2022
POSTED 05 Apr 2018 . BY Tom Anstey
Six Flags has confirmed long-awaited plans for its first Saudi Arabian venture, announcing plans to open a park as part of the kingdom’s new entertainment destination in Qiddiya by 2022.

It was revealed in June 2016 that Six Flags was focusing its expansion efforts outside of the US, eyeing Saudi Arabia as a potential location along with projects in Dubai, Vietnam and China.

In February last year, Saudi Arabia’s Public Investment Fund (PIF) – a company set up to manage the country’s sovereign wealth and facilitate development of its national economy – was reported to be interested in a deal with Six Flags.

Worth US$2tn (€1.87tn, £1.59tn) PIF has announced plans to develop the Six Flags-branded park under a franchise agreement, with the operator working alongside PIF to design and construct the visitor attraction, which will be part of Qiddiya – Saudi Arabia’s first entertainment, sports and cultural destination.

"Innovation is synonymous with the Six Flags brand, and our international licensing business provides a unique opportunity to continue our strong global growth," said David McKillips, president of the Six Flags International Development Company.

"We see great potential in the Saudi Arabian market and look forward to collaborating with the PIF to create a world-class entertainment destination for young people living in Saudi Arabia."

Part of Saudi Arabia’s Vision 2030 plan – which like much of the Middle East is aiming to reduce reliance on oil – includes a relaxation of the rules on its entertainment sector in an area which traditionally has been ultra-conservative, with particularly harsh laws in relation to women. By 2030, Saudi Arabia wants to have more than 450 clubs providing a variety of cultural activities and events, with the aim of doubling household spending on recreation to 6 percent.

"The entertainment sector has an important role to play in the transformation of Saudi Arabia’s economy," said the PIF.

"The Six Flags theme park and other similar developments will create new employment opportunities and harness the talent, energy and imagination of Saudi youth. Our investment in this sector is in line with our mission and delivers on a key element of Vision 2030."
RELATED STORIES
Six Flags targets new waterpark acquisitions in 2018 following record year


Six Flags is planning to increase its attractions portfolio in 2018, with the operator revealing discussions with a number of potential new partners as its waterpark acquisition strategy starts to build steam.
Six Flags' plans for world's first solar-powered theme park get green light


Six Flags Great Adventure in New Jersey, US, will be the world’s first theme park to go solar, after it reached an agreement with local groups over the game-changing plans.
Don Potts joins Riverside Group to oversee expansion of Six Flags destinations in China


Chinese real-estate developer Riverside Group has appointed Don Potts as vice president of resort, park and entertainment business operations.
MORE NEWS
Dialog-designed Zeidler Dome and S.P.A.C.E. Gallery open
Canadian science museum Telus World of Science, based in the city of Edmonton, has announced that two new spaces designed by Canadian architectural practice Dialog have opened.
Universal Studios set for the ‘Return of Michael Myers’
A raft of new, “terrifying” mazes will open at Universal Studios as part of the attraction’s Halloween Horror Nights event.
Crocodile Dundee’s fictional sequel significantly boosts Australian tourism
Tourist spending in Australia has grown by a huge AU $5.8bn (US$4.2bn, €3.7bn, £3.3bn), or 6 per cent for the year to March, according to latest figures.
US National Museum of Natural History’s Fossil Hall set for reopening
Kirk Johnson, museum director of the Smithsonian National Museum of Natural History in Washington DC, has announced its David H. Koch Hall of Fossils will reopen on 8 June 2019.
+ More news   
LATEST JOBS
Membership & Visitor Welcome Manager
National Trust
Salary: £23,375 pa
Job location: Cambridge, UK
Estate Food and Beverage Manager
jdr Hospitality Recruitment
Salary: From £60,000 to £65,000 per annum plus package
Job location: Somerset, UK
Business Manager
National Heritage Centre
Salary: Up to £55,000 (depending on experience) + pension
Job location: Newmarket, UK
iFly Indoor Skydiving Instructor
The Bear Grylls Adventure
Salary: Competitive
Job location: Marston Green, Birmingham, UK
Head of PR
Thorpe Park Resort
Salary: Competitive
Job location: Chertsey, UK
VIP Sales and Operations Manager
Chessington World of Adventures
Salary: £25,000 plus additional sales
Job location: Chessington, UK
+ More jobs  
 


ADVERTISE . CONTACT US

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

©Cybertrek 2018

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