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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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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.
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Sally Corporation

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+ More profiles  
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More videos:
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CATALOGUE GALLERY
 

+ More catalogues  
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DIARY

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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
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