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Universal and Dubai Holding scrap recession-plagued theme park plans
POSTED 28 Oct 2016 . BY Tom Anstey
Dubai Holding and Universal Studios Theme Parks and Resorts have both pulled out of the project
Long-touted plans for a Universal Studios theme park in Dubai have been officially scrapped, after the project’s main backers confirmed the plans have been abandoned.

Zawaya reports that the theme park’s two main backers – Dubai Holding and Universal Studios Theme Parks and Resorts – have both pulled out of the project, which first broke ground in 2008 and was originally scheduled for completion at the end of 2010. The development stalled during the 2008 financial crisis and was pushed back to 2015.

“While we are always open to opportunities in the region, we’ve stepped away from this specific project,” said a Universal spokesperson, while Dubai Holding also confirmed it was “no longer in discussions with Universal Parks and Resorts concerning the development of a theme park in Dubai.”

While the Universal development has been shelved, the Middle East is currently experiencing a boom in theme park development.

IMG World’s of Adventure – the world’s largest indoor theme park – opened its doors in August, while Dubai Parks and Resorts – recently renamed DXB Entertainments – is scheduled to makes its grand debut on 15 November.

As part of DXB’s continued development, work has also started on a Six Flags property, which will be the fourth park under the company banner, in addition to Legoland Dubai, Motiongate Dubai and Bollywood Parks.

Miral recently broke ground on a new Warner Bros theme park on Yas Island, set to debut in 2018, while local developer Al Ahli Holding Group is also working on the first Fox-branded theme park in the region, with the attraction is set to open in 2020.

For more on Dubai’s theme park revolution and to hear from some of the key players leading the charge, check out the latest issue of Attractions Management, available now.
Sign up here to get the Attractions Management weekly ezine and every issue of Attractions Management magazine free on digital.
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Jobs    News   Products   Magazine
NEWS
Universal and Dubai Holding scrap recession-plagued theme park plans
POSTED 28 Oct 2016 . BY Tom Anstey
Dubai Holding and Universal Studios Theme Parks and Resorts have both pulled out of the project
Long-touted plans for a Universal Studios theme park in Dubai have been officially scrapped, after the project’s main backers confirmed the plans have been abandoned.

Zawaya reports that the theme park’s two main backers – Dubai Holding and Universal Studios Theme Parks and Resorts – have both pulled out of the project, which first broke ground in 2008 and was originally scheduled for completion at the end of 2010. The development stalled during the 2008 financial crisis and was pushed back to 2015.

“While we are always open to opportunities in the region, we’ve stepped away from this specific project,” said a Universal spokesperson, while Dubai Holding also confirmed it was “no longer in discussions with Universal Parks and Resorts concerning the development of a theme park in Dubai.”

While the Universal development has been shelved, the Middle East is currently experiencing a boom in theme park development.

IMG World’s of Adventure – the world’s largest indoor theme park – opened its doors in August, while Dubai Parks and Resorts – recently renamed DXB Entertainments – is scheduled to makes its grand debut on 15 November.

As part of DXB’s continued development, work has also started on a Six Flags property, which will be the fourth park under the company banner, in addition to Legoland Dubai, Motiongate Dubai and Bollywood Parks.

Miral recently broke ground on a new Warner Bros theme park on Yas Island, set to debut in 2018, while local developer Al Ahli Holding Group is also working on the first Fox-branded theme park in the region, with the attraction is set to open in 2020.

For more on Dubai’s theme park revolution and to hear from some of the key players leading the charge, check out the latest issue of Attractions Management, available now.
Sign up here to get the Attractions Management weekly ezine and every issue of Attractions Management magazine free on digital.
MORE NEWS
Europa Park extends winter opening for the first time as part of Hallowinter celebration
For the first time in its history, Europa-Park has announced it will remain open between Halloween and the start of its winter schedule as part of a ‘HALLOWinter’ offering.
V&A renames childhood museum as part of £13m redevelopment
Construction work has begun on a £13m redevelopment project which will look to transform the V&A Museum of Childhood into the UK’s "premier national museum" entirely dedicated to children.
Tokyo's Harry Potter studio tour will have Fantastic Beasts universe
The Harry Potter studio tour attraction, planned for the Japanese capital city Tokyo, will span a total of 322,000sq ft when it opens to the public in 2023.
Jacksonville Zoo reveals US$50m masterplan
The Jacksonville Zoo and Gardens in Florida, US has launched a fundraising campaign to fund an ambitious US$50m redevelopment and redesign project.
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Alterface

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

We create guest experiences others don’t, masterplan like no one else can, and give the world’s bi [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Antonio Zamperla Spa

Founded in 1966, the Antonio Zamperla SPA is privately owned by Mr Alberto Zamperla. Located in Vi [more...]
+ More profiles  
FEATURED SUPPLIER

Red Raion presents Moby Dick – Friends to the rescue! at IAAPA Expo Barcelona
Red Raion, the CGI studio specialising in media-based attractions, will be attending this year’s IAAPA Expo Europe. [more...]
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Proslide Tech Inc - ProSlide | Atlantis Dubai
More videos:
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DIRECTORY
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DIARY

 

24-25 Nov 2021

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01-07 Dec 2022

World Leisure Congress 2022

tbc, Dunedin, New Zealand
+ More diary  
 


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