The rollercoaster ride for creditors chasing bankrupt theme park investor Investing It was billed as Britain’s answer to Disneyland Paris. Unveiled in 2012, plans for the vast 900-acre theme park in Kent dazzled locals with boasts of building Europe’s largest indoor water park, a host of Mission Impossible-themed rollercoasters and the creation of 27,000 jobs. Hollywood giant Paramount ramped up the excitement, announcing it would be [...]
London ad campaign boosts Abu Dhabi theme parks Business Visitors from the UK to Abu Dhabi’s theme parks surged by 40 per cent last year following the first advertising campaign for them in London which saw banners for Sea World, Warner Bros World and Ferrari World plastered on the walls of underground stations and at Canary Wharf. It was part of a diversification plan [...]
Universal to open Alton Towers and Thorpe Park rival Business Universal is to open a new theme park in the UK which will become a major rival to the likes to Alton Towers and Thorpe Park after a deal was agreed. The US entertainment giant has received the backing of the government and the local council for the project which will see a theme park [...]
Universal: Deal nears to open Alton Towers rival April 7, 2025 A deal which would see Universal open a major new theme park in the UK to rival Alton Towers could be announced in the coming weeks, according to reports. The Financial Times has said ministers are nearing an agreement with Comcast’s Universal Destinations and Experiences (UDX) to develop a 476-acre site near Bedford. Plans for [...]
Drayton Manor: Profit continues to slide as wet summer hits theme park February 21, 2025 Profit at Drayton Manor has fallen for a fourth year in a row since the theme park was rescued out of administration as wet weather continued to suppress sales. The Staffordshire-based attraction has reported a pre-tax profit of £1.2m for the year to 30 September, 2024, down from the £2m it posted for the prior [...]