Herschend Enterprises acquires Vancouver Aquarium | attractionsmanagement.com news
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Herschend Enterprises acquires Vancouver Aquarium
POSTED 16 Apr 2021 . BY Tom Walker
The agreement will see Herschend take over 100 per cent ownership of Vancouver Aquarium Credit: Vancouver Aquarium
Herschend Enterprises already operates a portfolio of visitor attractions – including two aquariums
Vancouver Aquarium has been hit particularly hard by the pandemic, losing millions of dollars since the start of the outbreak
Vancouver Aquarium will continue to be led by chief operating officer, Clint Wright, who has been with the attraction for more than 30 years
Herschend owns and partners with a number of theme parks, including Silver Dollar City and Dollywood
Herschend Enterprises has acquired Vancouver Aquarium from the Ocean Wise Conservation Association, adding the attraction to the group's growing portfolio of properties.

The aquarium has been hit particularly hard by the pandemic and the resulting lockdowns, losing millions of dollars since the start of the coronavirus outbreak in March 2020.

The agreement will see Herschend take over 100 per cent ownership of the site and the deal is the result of a process initiated by Ocean Wise to save the Aquarium from permanent closure.

Vancouver Aquarium will continue to be led by chief operating officer, Clint Wright, who has been with the attraction for more than 30 years.

Herschend is a leading US-based attractions and tourism operator, and the owner of two aquariums – Adventure Aquarium in New Jersey and Newport Aquarium in Kentucky.

The group also owns – and partners with – a number of theme parks, including Silver Dollar City in Branson, Missouri, and Dollywood in Tennessee’s Great Smoky Mountains.

Clint Wright said: “This is a very positive outcome that secures both the future of the Vancouver Aquarium and the Marine Mammal Rescue Centre.

“I have been fortunate to spend almost my entire career at the Vancouver Aquarium and I look forward to continuing to lead the organization as we emerge from the challenges of the pandemic and write the Aquarium’s next chapter.

"I have known the Herschend team for many years, they share our values, and I am extremely optimistic about the new and exciting opportunities that will be open to us with Herschend’s financial and creative support.”

Andrew Wexler, CEO of Herschend Enterprises, said: “This is a thrilling and humbling day for our company as we begin our relationship with such a renowned institution.

“As a long-time aquarium operator we have always admired the Vancouver Aquarium as the gold standard in the industry for its combination of animal care, educational focus and exceptional family experience.

"We intend to build on this track record, enhancing the Vancouver Aquarium as an attraction for local and international visitors, and continuing to support the dozens of initiatives that make the Aquarium such a vital part of the local, national and international community.

"It is also important to us that Vancouver Aquarium is exactly that – Vancouver’s aquarium, offering a unique, local and authentic experience that is not available anywhere else."
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Jobs   News   Products   Magazine
NEWS
Herschend Enterprises acquires Vancouver Aquarium
POSTED 16 Apr 2021 . BY Tom Walker
The agreement will see Herschend take over 100 per cent ownership of Vancouver Aquarium Credit: Vancouver Aquarium
Herschend Enterprises already operates a portfolio of visitor attractions – including two aquariums
Vancouver Aquarium has been hit particularly hard by the pandemic, losing millions of dollars since the start of the outbreak
Vancouver Aquarium will continue to be led by chief operating officer, Clint Wright, who has been with the attraction for more than 30 years
Herschend owns and partners with a number of theme parks, including Silver Dollar City and Dollywood
Herschend Enterprises has acquired Vancouver Aquarium from the Ocean Wise Conservation Association, adding the attraction to the group's growing portfolio of properties.

The aquarium has been hit particularly hard by the pandemic and the resulting lockdowns, losing millions of dollars since the start of the coronavirus outbreak in March 2020.

The agreement will see Herschend take over 100 per cent ownership of the site and the deal is the result of a process initiated by Ocean Wise to save the Aquarium from permanent closure.

Vancouver Aquarium will continue to be led by chief operating officer, Clint Wright, who has been with the attraction for more than 30 years.

Herschend is a leading US-based attractions and tourism operator, and the owner of two aquariums – Adventure Aquarium in New Jersey and Newport Aquarium in Kentucky.

The group also owns – and partners with – a number of theme parks, including Silver Dollar City in Branson, Missouri, and Dollywood in Tennessee’s Great Smoky Mountains.

Clint Wright said: “This is a very positive outcome that secures both the future of the Vancouver Aquarium and the Marine Mammal Rescue Centre.

“I have been fortunate to spend almost my entire career at the Vancouver Aquarium and I look forward to continuing to lead the organization as we emerge from the challenges of the pandemic and write the Aquarium’s next chapter.

"I have known the Herschend team for many years, they share our values, and I am extremely optimistic about the new and exciting opportunities that will be open to us with Herschend’s financial and creative support.”

Andrew Wexler, CEO of Herschend Enterprises, said: “This is a thrilling and humbling day for our company as we begin our relationship with such a renowned institution.

“As a long-time aquarium operator we have always admired the Vancouver Aquarium as the gold standard in the industry for its combination of animal care, educational focus and exceptional family experience.

"We intend to build on this track record, enhancing the Vancouver Aquarium as an attraction for local and international visitors, and continuing to support the dozens of initiatives that make the Aquarium such a vital part of the local, national and international community.

"It is also important to us that Vancouver Aquarium is exactly that – Vancouver’s aquarium, offering a unique, local and authentic experience that is not available anywhere else."
Sign up here to get the Attractions Management weekly ezine and every issue of Attractions Management magazine free on digital.
RELATED STORIES
Future of Canada's oldest aquarium 'under threat' due to coronavirus shutdown


Vancouver Aquarium is in danger of having to close its doors permanently, due to a collapse in revenues brought on by the coronavirus pandemic.
Silver Dollar City announces record-breaking waterfall drop ride among US$30m plans


The tallest raft ride drop in the Western Hemisphere is coming to Silver Dollar City, after the park revealed plans to invest more than US$30m (€26.9m, £24.8m) into a number of new developments.
Dollywood reveals US$300m expansion plan


Dollywood has announced the first of its new projects as part of a US$300m (£192m, €225m), 10-year expansion plan in and around the theme park, which is based in Tennessee.
MORE NEWS
IAAPA joins calls to ease border entry restrictions in the US and to revive tourism sector
IAAPA has joined a range of US travel and tourism trade organisations in calling for the lifting of border entry restrictions and to help revive the visitor flow into the country.
Merlin hits the market with surge of new openings
Merlin Entertainments has been busy with a raft of new openings and future project announcements, as the global visitor attractions industry begins to emerge from COVID-19 lockdowns and restrictions.
Saudi Arabia offers US$133m in loans to create 50 new attractions
Saudi Arabia's General Entertainment Authority (GEA) has pledged to provide SAR500m (US$133m, €112m, £96m) worth of loans to companies, in order to create new attractions and entertainment projects in the country.
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VIDEO GALLERY

Proslide Tech Inc - ProSlide | Atlantis Dubai
More videos:
+ More videos  

CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

28-30 Sep 2021

International Wellness Tourism Conference

Carillon Miami Wellness Resort, Miami, United States
01-07 Dec 2022

World Leisure Congress 2022

tbc, Dunedin, New Zealand
+ More diary  
 


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