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NEWS
Six Flags eyes further international expansion with Saudi Arabia plans
POSTED 20 Jun 2016 . BY Tom Anstey
After exiting bankruptcy-court protection in May 2010, Six Flags has shown good growth post-recession as attendance and ticket sales have improved
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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The Well names Zeev Sharon chief development officer and announces plans for Swiss debut
Modern US wellness brand The Well has promoted Zeev Sharon, formerly VP of real estate, to chief development officer.
QC New York to unveil 15,000sq ft multimillion-dollar expansion in July
QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room.
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan.
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
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Uniting the world of spa & wellness
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News   Products   Magazine   Subscribe
NEWS
Six Flags eyes further international expansion with Saudi Arabia plans
POSTED 20 Jun 2016 . BY Tom Anstey
After exiting bankruptcy-court protection in May 2010, Six Flags has shown good growth post-recession as attendance and ticket sales have improved
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.
MORE NEWS
The Well names Zeev Sharon chief development officer and announces plans for Swiss debut
Modern US wellness brand The Well has promoted Zeev Sharon, formerly VP of real estate, to chief development officer.
QC New York to unveil 15,000sq ft multimillion-dollar expansion in July
QC New York, a luxury Italian day spa on Governors Island, will expand its offering this July by adding an extra 15,000sq ft of space. This new area will feature sensory saunas, waterfalls, a salt room, an ice room, a lavender room, a 142-seat bistro and a waterbed relaxation room.
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan.
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa.
Art-inspired urban spa to launch at stylish new London hotel, Art’otel London Hoxton
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality.
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FEATURED SUPPLIERS

The sound of success: three ways music can boost spa revenue according to Myndstream’s Freddie Moross
At Myndstream, we understand the power of music elevates the spa experience. But did you know it can also be a powerful revenue generator? [more...]

Triple defence: Elemental Herbology's latest SPF shields against sun damage, blue light and pollution
Your skincare routine just got smarter thanks to Elemental Herbology’s latest product innovation, Smart Screen SPF50. [more...]
+ More featured suppliers  
COMPANY PROFILES
myndstream

Music is often underutilised as a therapeutic tool in the spa setting.

Myndstream are on [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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PRINT SUBSCRIPTIONS
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