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Disney to open its seventh theme park — and it's not where you expect
New York Post· 2025-05-07 13:45
Core Viewpoint - Disney is set to open its seventh theme park and resort in Abu Dhabi, marking its first location in the Middle East, which is expected to enhance its global presence and capitalize on the region's growing tourism market [1][4]. Group 1: Project Details - The new theme park will be located on Yas Island, a prominent leisure destination in the UAE, which already features attractions like Ferrari World, Warner Bros. World, and SeaWorld Abu Dhabi [1][4]. - Miral will finance the entire development and construction of the park, while Disney will manage the creative design and operations, leveraging its renowned imagineering team [4][6]. - Disney will not make direct capital investments but will earn royalties from the project, indicating a strategic partnership model [4]. Group 2: Leadership and Vision - Disney CEO Bob Iger expressed excitement about the project, highlighting the cultural synergy and innovative potential it represents [5][7]. - Iger emphasized that the park will blend contemporary architecture with cutting-edge technology to provide immersive entertainment experiences, reflecting the rich cultural appreciation of arts in Abu Dhabi [7].
Disney is building its first-ever Middle East theme park
Business Insider· 2025-05-07 13:07
Core Insights - The Walt Disney Company announced the opening of its seventh theme park resort in Abu Dhabi, which will be operated under a licensing agreement with Miral, an immersive experiences company [1][3] - CEO Bob Iger emphasized that Disneyland Abu Dhabi will combine contemporary architecture and cutting-edge technology to provide immersive entertainment experiences [2] - The park aims to authentically represent Disney while incorporating Emirati culture, creating a unique destination for the region [3] Financial Performance - Disney reported second-quarter earnings with adjusted earnings per share of $1.45, surpassing the expected $1.20, and revenue of $23.6 billion, exceeding the anticipated $23.05 billion [9] - The entertainment segment generated $10.68 billion in revenue, above the expected $10.48 billion, while the experiences segment reported $8.8 billion, slightly above the forecast of $8.76 billion [9] - Despite a slight dip in Disney+ subscribers, the company experienced revenue growth in its experiences segment, supported by successful box office releases [8] Market Context - Analysts at Raymond James noted that Disney's diversification into travel and leisure has made the company more sensitive to macroeconomic factors, leading to a ~27% decline in DIS stock over approximately six weeks [4] - Concerns regarding potential tariffs on foreign-made films, as suggested by President Trump, have created uncertainty in the entertainment industry, which is still recovering from previous challenges [5][6] - The analysts highlighted that Disney's streaming networks are less exposed to international content, providing some insulation against potential film tariffs [6]
Disney announces an Abu Dhabi theme park and resort
CNBC· 2025-05-07 12:02
Core Insights - The Walt Disney Company has announced plans to build a new theme park and resort in Abu Dhabi, marking its seventh theme park resort globally [1][2] - The project will be developed by Miral, with Disney's imagineers overseeing creative design and operations, while Disney will not invest capital but will earn royalties [2][3] - The park aims to blend contemporary architecture with advanced technology to provide immersive entertainment experiences [3] Financial Performance - Disney reported a top- and bottom-line beat for its fiscal second quarter, with a 6% year-over-year revenue growth in its experiences business, which includes parks, cruises, and resorts [4] - The Abu Dhabi development is not included in Disney's $60 billion investment pledge for theme parks over the next decade [2] Market Potential - Approximately one-third of the world's population lives within a four-hour flight of the UAE, presenting a significant tourism market of around 500 million potential visitors [4] - The new park will enhance Disney's presence in the UAE, which has seen the company gradually entering the market through retail locations and entertainment shows [4] Unique Features - The resort will feature themed accommodations, unique dining, and retail experiences that reflect both Disney's storytelling heritage and the cultural essence of Abu Dhabi [6] - Yas Island, where the park will be located, is already a hub for entertainment, housing attractions like Ferrari World, Yas Waterworld, and SeaWorld Abu Dhabi [5]
Six Flags theme park closing after more than two decades, announces final day for rides
Fox Business· 2025-05-02 11:41
Core Insights - Six Flags America and Hurricane Harbor in Bowie, Maryland, will close on November 2, as they are no longer considered a strategic fit for Six Flags Entertainment Corporation's long-term growth plan [1][2] - The park features the historic Wild One roller coaster, which has been operational since 1917 and is recognized for its height and thrilling experience [2][5] - The closure will affect approximately 70 full-time employees, who will receive severance and other benefits [6][9] Company Strategy - Six Flags President & CEO Richard Zimmerman stated that marketing the property for redevelopment is expected to generate the highest value and return on investment [2] - The decision aligns with a comprehensive review of the park portfolio, indicating a shift in focus towards more strategically aligned properties [2] Community Impact - Local officials, including Prince George's County Council Chair Edward Burroughs, see potential for redevelopment of the park area, emphasizing collaboration with the community for future projects [10] - The closure follows the recent announcement by the NFL's Washington Commanders to leave Prince George's County, indicating a broader trend of significant changes in the local entertainment landscape [12]
The Legacy Continues: North America's Longest Inverted Family Coaster Opens at Busch Gardens Williamsburg on May 23 with the Return of the Big Bad Wolf
Prnewswire· 2025-05-01 17:00
Core Points - Busch Gardens Williamsburg is celebrating its 50th anniversary with a series of events starting May 16, 2025, including the opening of a new attraction, The Big Bad Wolf: The Wolf's Revenge, on May 23 [1][3][5] - The new coaster is designed to be family-friendly, featuring over 2,500 feet of track and speeds up to 40 miles per hour, with height requirements ensuring accessibility for children [2][8] - Special offers and events are planned for the anniversary, including discounted beer, commemorative merchandise, and free admission for visitors born in May 1975 [3][4] Anniversary Celebration - The 50th Anniversary Celebration includes a lookback presentation on May 16, featuring historical photos and stories, led by Park President Kevin Lembke [4] - The celebration will also feature a 1970s cover band, fireworks, and special photo opportunities throughout the park [3][4] - The first 1,000 guests on May 16 will receive a limited-edition 50th Anniversary item [4] New Attraction Details - The Big Bad Wolf: The Wolf's Revenge is North America's longest family inverted coaster, set in a Bavarian village theme [2] - The ride is designed for family enjoyment, with a minimum height requirement of 42 inches when accompanied by an adult and 48 inches unaccompanied [2][8] - A Grand Opening Ceremony for the new attraction will take place on May 23, featuring a ribbon-cutting and DJ dance party [5] Membership and Promotions - Busch Gardens is offering a limited-time flash sale with over 30% off Fun Cards and Memberships, which provide unlimited visits and additional perks [6][8] - Members will have exclusive early access to ride The Big Bad Wolf: The Wolf's Revenge from May 16 to 18 [8]
UNITED PARKS & RESORTS INC. ANNOUNCES FIRST QUARTER EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION
Prnewswire· 2025-04-30 20:05
Company Announcement - United Parks & Resorts Inc. will release its first quarter financial results before the market opens on May 12, 2025 [1] - A conference call is scheduled for May 12, 2025, at 9 a.m. Eastern Time, which will be broadcast live on the company's website [1] Replay Information - A replay of the conference call will be available starting at approximately 12 p.m. Eastern Time on May 12, 2025 [2] - The replay can be accessed telephonically until 11:59 p.m. Eastern Time on May 19, 2025, using specific dialing codes for the U.S., Canada, and international locations [2] Company Overview - United Parks & Resorts Inc. is a global theme park and entertainment company with a diverse portfolio of brands, including SeaWorld®, Busch Gardens®, and Discovery Cove [3] - The company operates 13 parks across the United States and Abu Dhabi, offering various family-friendly experiences and educational presentations with wildlife [3] - United Parks & Resorts is recognized for its commitment to animal welfare and has a legacy of rescuing over 41,000 animals in need over the past 60 years [3]
Busch Gardens Tampa Bay Launches Nearly $40 Million Park Transformation Under New Leadership
Prnewswire· 2025-04-29 14:00
Core Insights - Busch Gardens Tampa Bay is making a significant investment of nearly $40 million to enhance the park's offerings and guest experiences under the new leadership of Park President Jeff Davis [1][2] Investment and Enhancements - The investment will cover infrastructure, operations, staff recruitment, and aesthetic improvements, including new animal habitats and dining experiences [2] - Recent years have seen consistent innovation with multimillion-dollar attractions like Iron Gwazi, Serengeti Flyer, and Phoenix Rising, reinforcing the park's status as a premier destination [2] New Attractions - The upcoming Wild Oasis at Jungala will feature animal encounters, rides, and interactive play zones, designed to provide unforgettable family experiences [3] - New animal species, including capybaras, giant anteaters, squirrel monkeys, and meerkats, will be introduced, alongside enhancements to existing habitats [4] Culinary Experiences - Executive Chef Lavon Smith is introducing new culinary offerings, including full-service venues and a Food & Wine Festival featuring diverse global cuisines [5] Entertainment and Events - Summer Nights will return with extended hours, new shows, and a nighttime spectacular, enhancing the park's entertainment offerings [6] - Adventure Island will also see new attractions, including the interactive splash area Castaway Falls, aimed at providing fun for all ages [7] Annual Pass Benefits - Annual Pass Members will receive early access to new attractions and exclusive perks, with passes available starting at $15.75 per month [8] Company Overview - Busch Gardens Tampa Bay is a 300-acre theme park that combines thrilling rides with an AZA accredited zoo, offering a unique experience for guests of all ages [9]
United Parks & Resorts Kicks Off Nationwide Recruitment Week for 5,000 Summer Positions Coast to Coast Across All Parks
Prnewswire· 2025-04-28 14:00
Core Insights - United Parks & Resorts is hosting a national summer hiring event from May 5-9 to fill over 5,000 positions across its seven theme park brands [1][2] - The company is hiring for various roles including Lifeguards, Ride Operations, Food & Beverage, Retail, Guest Services, and more [2] - United Parks & Resorts emphasizes a positive work environment with perks such as free park admission, discounts, and exclusive events for employees [3] Company Overview - United Parks & Resorts Inc. operates a diverse portfolio of award-winning park brands including SeaWorld®, Busch Gardens®, and Discovery Cove, among others [5] - The company manages 13 parks across seven markets in the United States and Abu Dhabi, offering thrilling rides and educational wildlife experiences [5] - United Parks & Resorts is recognized for its commitment to animal welfare and has rescued over 41,000 animals in nearly 60 years of operation [5]
济宁方特多巴胺元气狂欢 解锁“五一”欢乐荷尔蒙
Qi Lu Wan Bao· 2025-04-28 02:40
多巴胺焰火秀 《岁月如歌》荣耀回归 "五一"假期将至,济宁方特东方欲晓乐园将于5月1日至5日推出"多巴胺元气节"主题活动。活动期间, 夜场限时回归,并将营业时间延长至21:00,打造集活力、创意、文化于一体的沉浸式假日体验。 即日起至4月30日,乐园推出多重特惠票种:129元特惠夜场票、165元特惠夜场套票、199元特惠标准 票,以及99元大学生票,限时返场热卖至5月4日,无论是全天深度畅玩,还是夜场专属狂欢,游客均可提前锁 定超值福利,尽享"五一"假日欢乐。 "五一"惊喜彩蛋: 本次活动,济宁方特以"多巴胺"元素为亮点,打造视觉与互动的双重体验。从入口至主舞台区域,乐园 地面铺设花样地贴,搭配两侧建筑上的巨型花朵装饰,形成"一路生花"梦幻长廊,随手一拍便是活力大片。 "五一"期间,济宁方特将推出"多巴胺焰火秀"限定彩蛋,以缤纷色彩配合梦幻焰火交织升空,宛如七彩 星河倾泻,尽显璀璨烂漫氛围。 各大热门项目附近,"呲水小分队"与"挨锤小分队"将随机发动水枪突袭和充气锤"暴击";《抓捕鬼子 兵》《我是主角》等互动剧情也将同步上线,游客可化身"戏精",加入真人"剧本杀",在爆笑中释放压力,收 获欢乐。 此外,备受期 ...
Busch Gardens Parks Honor Military Appreciation Month with Free Park Admission to Active-Duty U.S. Military, Veterans and Their Families Through Annual Waves of Honor Program
Prnewswire· 2025-04-23 16:00
ORLANDO, Fla., April 23, 2025 /PRNewswire/ -- Busch Gardens parks will honor Military Appreciation Month with free one-day admission for U.S. military veterans and up to three guests. Veterans can register for this offer through May 11 and have until July 6 to visit the parks with their free tickets. Active-duty military and their guests continue to enjoy one-day complimentary admission all year long. The offers are part of United Parks & Resorts' Waves of Honor program, a longstanding partnership saluting ...