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NEWS
Wanda wants to challenge Disney in bid to become world's largest tourism entity
POSTED 03 Aug 2015 . BY Tom Anstey
Wanda chair Wang Jianlin is Asia's richest man
China’s largest private property developer want to surpass Disney as the world’s largest tourism enterprise by 2020, aiming to welcome more than 200 million people and earn annual tourism income in excess of CN¥100bn (US$16.1bn, €14.6bn, £10.3bn) with its ‘Wanda city’ plan.

According to recent figures, Disney welcomed nearly 130 million visitors across all of its parks in 2014, with that number expected to rise to around 160 million when Shanghai Disneyland arrives in 2016.

Speaking at the China International Tourism Investment Conference, Wanda chair Wang Jianlin outlined the ambitious goal to overtake Disney, with plans to set up culture and tourism cities, known as ‘Wanda cities’.

Each city is being built on a grand scale, with the entire endeavour being an indoor project, designed to operate all-year-round. Three Wanda cities are currently in operation, with seven more still under construction. Future plans beyond this include opening in excess of 15 Wanda cities in China alone, each with projected visitor numbers of more than 10 million, while larger branches within certain cities will be able to accommodate 30 million annually.

Among examples of Wanda cities are the US$1bn (€839m, £659m) movie park in the Chinese city of Wuhan, which opened in January, the multi-billion dollar Wanda Hefei, set to open in July 2016, and the US$8.2bn (£5.1bn, €6bn) mega-complex in the eastern port city of Qingdao.

In addition to the ambitious domestic plans, Wang added that Wanda has also begun acquisitions of travel enterprises and tourism spots overseas in an effort to build up major tourism spots abroad.
PROJECT PROFILE:

Han Show and Wanda Movie Park
The Dalian Wanda group has launched its latest theme park project – a US$1bn (€839m, £659m) movie park in the Chinese city of Wuhan.

Location: Wuhan , China
Budget: US$1bn

RELATED STORIES
  Dalian Wanda unveils US$1bn theme park project in China


The Dalian Wanda group has launched its latest theme park project – a US$1bn (€839m, £659m) movie park in the Chinese city of Wuhan.
  Dalian Wanda announces US$8.2bn plans for Chinese cinema expansion, including creation of Qingdao mega-complex


China’s richest man and chairman of Chinese company Dalian Wanda, Wang Jianlin, is launching an US$8.2bn (£5.1bn, €6bn) plan to expand the Chinese movie industry, which includes the opening of a mega-complex in the eastern port city of Qingdao.
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NEWS
Wanda wants to challenge Disney in bid to become world's largest tourism entity
POSTED 03 Aug 2015 . BY Tom Anstey
Wanda chair Wang Jianlin is Asia's richest man
China’s largest private property developer want to surpass Disney as the world’s largest tourism enterprise by 2020, aiming to welcome more than 200 million people and earn annual tourism income in excess of CN¥100bn (US$16.1bn, €14.6bn, £10.3bn) with its ‘Wanda city’ plan.

According to recent figures, Disney welcomed nearly 130 million visitors across all of its parks in 2014, with that number expected to rise to around 160 million when Shanghai Disneyland arrives in 2016.

Speaking at the China International Tourism Investment Conference, Wanda chair Wang Jianlin outlined the ambitious goal to overtake Disney, with plans to set up culture and tourism cities, known as ‘Wanda cities’.

Each city is being built on a grand scale, with the entire endeavour being an indoor project, designed to operate all-year-round. Three Wanda cities are currently in operation, with seven more still under construction. Future plans beyond this include opening in excess of 15 Wanda cities in China alone, each with projected visitor numbers of more than 10 million, while larger branches within certain cities will be able to accommodate 30 million annually.

Among examples of Wanda cities are the US$1bn (€839m, £659m) movie park in the Chinese city of Wuhan, which opened in January, the multi-billion dollar Wanda Hefei, set to open in July 2016, and the US$8.2bn (£5.1bn, €6bn) mega-complex in the eastern port city of Qingdao.

In addition to the ambitious domestic plans, Wang added that Wanda has also begun acquisitions of travel enterprises and tourism spots overseas in an effort to build up major tourism spots abroad.
RELATED STORIES
Dalian Wanda unveils US$1bn theme park project in China


The Dalian Wanda group has launched its latest theme park project – a US$1bn (€839m, £659m) movie park in the Chinese city of Wuhan.
Dalian Wanda announces US$8.2bn plans for Chinese cinema expansion, including creation of Qingdao mega-complex


China’s richest man and chairman of Chinese company Dalian Wanda, Wang Jianlin, is launching an US$8.2bn (£5.1bn, €6bn) plan to expand the Chinese movie industry, which includes the opening of a mega-complex in the eastern port city of Qingdao.
MORE NEWS
Excurio and The Muséum National d'Histoire Naturelle create evolutionary VR experience
Virtual reality creators Excurio has teamed up with experts from The Muséum National d'Histoire Naturelle to create Life Chronicles London, a free-roaming VR experience.
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
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COMPANY PROFILES
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
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...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
 


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Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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