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NEWS
Six Flags announces Asian expansion plans with Vietnam parks
POSTED 22 Mar 2016 . BY Tom Anstey
This is the third development under the Six Flags banner to be announced for outside of North America
Six Flags has announced plans to open two of its parks in Vietnam, expanding its Asian footprint.

Using the Six Flags and Six Flags Hurricane Harbor names under a licensing agreement, Vietnam-based NaVi Entertainment will build both a theme park and a waterpark near Ho Chi Minh City.

This is the third development under the Six Flags banner to be announced for outside of North America, where the operator runs 18 parks. Both Six Flags attractions in Vietnam are expected to open by 2020 or 2021.

“Our international licensing strategy is gaining momentum and provides strong long-term upside for the company above and beyond the growth opportunity of our North American properties,” said John Duffey, president and CEO of Six Flags.

All of Six Flags’ deals outside of North America have operated under licensing agreements. Six Flags doesn’t pay for the park’s construction, but gains earnings through use of its trademarks. Aside from the Vietnam parks, deals have also been agreed for Six Flags locations in China and Dubai with “further talks” with other overseas developers.

RELATED STORIES
  Superman VR coasters coming to Six Flags this year


Six Flags has announced plans for Superman-themed virtual reality coaster experiences to debut at its parks in the coming months as it seeks to lead the North American pack in the VR realm.
  Six Flags breaks ground on first Asian venture


Six Flags has broken ground on its first endeavour in China – a US$4.6bn (€4.2bn, £3.2bn) development to include Asia’s first Six Flags theme park.
  Six Flags Great Adventure reveals plans for 4D wing coaster


Six Flags Great Adventure has announced plans for Total Mayhem, the company’s second 4D wing coaster which will open at the New Jersey theme park in Q1 2016.
  Six Flags marks record revenues in latest earnings report


Six Flags enjoyed a successful second quarter in 2015, marking record financial performances for the three months ending in June.
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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.
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Get Attractions Management digital magazine FREE
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Jobs    News   Products   Magazine   Subscribe
NEWS
Six Flags announces Asian expansion plans with Vietnam parks
POSTED 22 Mar 2016 . BY Tom Anstey
This is the third development under the Six Flags banner to be announced for outside of North America
Six Flags has announced plans to open two of its parks in Vietnam, expanding its Asian footprint.

Using the Six Flags and Six Flags Hurricane Harbor names under a licensing agreement, Vietnam-based NaVi Entertainment will build both a theme park and a waterpark near Ho Chi Minh City.

This is the third development under the Six Flags banner to be announced for outside of North America, where the operator runs 18 parks. Both Six Flags attractions in Vietnam are expected to open by 2020 or 2021.

“Our international licensing strategy is gaining momentum and provides strong long-term upside for the company above and beyond the growth opportunity of our North American properties,” said John Duffey, president and CEO of Six Flags.

All of Six Flags’ deals outside of North America have operated under licensing agreements. Six Flags doesn’t pay for the park’s construction, but gains earnings through use of its trademarks. Aside from the Vietnam parks, deals have also been agreed for Six Flags locations in China and Dubai with “further talks” with other overseas developers.

RELATED STORIES
Superman VR coasters coming to Six Flags this year


Six Flags has announced plans for Superman-themed virtual reality coaster experiences to debut at its parks in the coming months as it seeks to lead the North American pack in the VR realm.
Six Flags breaks ground on first Asian venture


Six Flags has broken ground on its first endeavour in China – a US$4.6bn (€4.2bn, £3.2bn) development to include Asia’s first Six Flags theme park.
Six Flags Great Adventure reveals plans for 4D wing coaster


Six Flags Great Adventure has announced plans for Total Mayhem, the company’s second 4D wing coaster which will open at the New Jersey theme park in Q1 2016.
Six Flags marks record revenues in latest earnings report


Six Flags enjoyed a successful second quarter in 2015, marking record financial performances for the three months ending in June.
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
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
+ More news   
 
COMPANY PROFILES
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [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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©Cybertrek 2024

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