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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.
New proposals could revive abandoned Six Flags theme park in New Orleans


A former Six Flags theme park abandoned in 2005 after severe flooding stemming from Hurricane Katrina could be given a new lease of life after two groups of developers laid out proposals to revive the theme park.
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Denver Art Museum in Colorado, US, is to begin a phased reopening of its campus in June 2020, with a new welcome centre, learning and engagement centre, 72,000sq ft (21,945sq m) of new and refurbished gallery space and new dining experiences.
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Sutton Hoo, the burial site of a 7th century Anglo-Saxon king in Suffolk, England, that achieved worldwide fame upon its discovery in 1938, has reopened following a £4m (US$4.85m, €4.37m) transformation.
Merlin reveals plans for Lego Movie World at California resort
Merlin has revealed plans for the largest new addition at its Legoland California resort since the park launched in 1999.
Arts Council England allocates £17.5m to local culture projects
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IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
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FEATURED SUPPLIER

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CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

16-19 Sep 2019

IAAPA Expo Europe 2019

Paris Expo Porte de Versailles, Paris, France
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+ More diary  
 


ADVERTISE . CONTACT US

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

©Cybertrek 2019

ABOUT LEISURE MEDIA
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ATTRACTIONS MANAGEMENT NEWS
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