Euro Disney rejigs debt

May 8, 2013 by  
Filed under Europe, News

PARIS, 8 May 2013: Euro Disney, the theme park and hotel group east of Paris, reduced its net loss in the first six months of its financial year after refinancing its debt, but remained cautious about the outlook for the full year owing to a “difficult” economic climate.

In the six months to March, Euro Disney made a net loss of 89.1 million euros (US$117.0 million) from a loss of 11.8 million euros in the same period of last year.

The group said that this reflected the benefits of the refinancing in 2012 and also an improvement operating performance.

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India opens first major theme park

April 18, 2013 by  
Filed under News, South Asia

MUMBAI, 18 April 2013: India’s most elaborate theme park opens this week with special-effect Hindu gods and Bollywood-themed rides, aiming to tap a thirst for family entertainment among the country’s rising middle-class.

Adlabs Imagica, which cost about US$294 million to create, opens its doors to the public, Thursday, at a site between the western cities of Mumbai and Pune, with capacity for 10,000 to 15,000 visitors a day.

In the style of a Disney or Universal Studios park, the new tourist site hopes to fill a gap in the Indian leisure market and comes with twists to appeal to the domestic audience.

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Dino theme park in Isan

January 24, 2013 by  
Filed under News, Thailand

NAKHON RATCHASIMA, 24 January 2013: A so-called Dino Park  and a learning centre is on the agenda as  possible tourist attractions to help to support economic growth in Thailand’s Northeast.

Driving the proposal are the Nakhon Ratchasima provincial office and other government agencies, They are confident that they have a winning formula in the “Dino Park” proposal at least to support domestic tourism gains.

The Korat Fossil Museum confirmed, Wednesday, plans to build what was described as a dinosaur learning centre named Dino Park. If it gets the green light it will be located in Nakhon Ratchasima.

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China builds theme park in Tibet

July 9, 2012 by  
Filed under Hospitality, News, North Asia

BEIJING, 9 July 2012: China on Sunday started work on a 30-billion-yuan (US$4.8 billion) tourism project in Lhasa city, state media said, as it seeks to draw more travellers to the restive Tibet region.

The massive development in the regional capital will include a theme park, commercial district and residential area, Lhasa Vice Mayor Ma Xinming was quoted as saying by the official Xinhua news agency.

Construction on the first phase of the planned project, about two kilometres (just over a mile) from downtown Lhasa, will take three to five years, it said.

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Cartoon Network backs theme park

May 24, 2012 by  
Filed under News, Pattaya, Thailand

BANGKOK, 24 May 2012: More than Bt1 billion will be invested in the first ever Cartoon Network AMAZONE project sited at Bang Saray, Pattaya and due to open in 2013.

Cartoon Network AMAZONE is a theme water park  involving Turner Broadcasting System Asia Pacific and Amazon Falls Co Ltd, a resort developer in Thailand.

Covering 35 rai, the Cartoon Network AMAZONE is an upgraded version of the Amazon Falls Water Theme Park that was under development at the site for the past two years and was due to open in 2010.

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Resort cuts the roses

April 25, 2012 by  
Filed under News, Thailand

NAKHON PATHOM, 25 April 2012: The 50-year old Rose Garden Resort has been renamed Sampran Riverside as it reinvents itself to serve visitors who want to learn new skills during their vacations.

The move does away with the reference to roses that were cultivated at the site since it was founded in the early 1960s. Opened as a cultural theme park, the resort over the years has welcomed literally millions of first-time visitors to Thailand mainly due to its  daily cultural shows.

At a rebranding event, Tuesday, Rose Garden Resort chairperson, Suchada Yuvaboon, said it was a response to changing trends seen in the dramatic shift from tour group business to individual travellers, who want to add value to their vacations with a learning experience.

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Qatar looks at tourism investment

April 20, 2012 by  
Filed under News

ROME, 20 April 2012: Qatar could invest in a new ancient Roman theme park, Italian media reported Wednesday, a day after the Gulf state’s emir Sheikh Hamad bin Khalifa al-Thani met with city officials.

“We showed the emir several plans. The one that most caught his attention and which he said he wants his people to work on is the idea of a theme park on ancient Rome” the city’s mayor, Gianni Alemanno, was quoted as saying.

The park would be located outside the city centre and would allow visitors to re-live some of the sights and sounds of ancient Rome, from being a spectator at the Colosseum to going for a soak at the thermal baths.

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New water park in pipeline

February 29, 2012 by  
Filed under News, Pattaya

BANGKOK, 29 February 2012: Turner Broadcasting System Asia Pacific, yesterday, announced a plan to open the world’s first Cartoon Network-themed water park in Bang Saray, close to Pattaya, on Thailand’s eastern seaboard.

Cartoon Network AMAZONE is being developed in conjunction with Amazon Falls Company, a resort developer in Thailand.

Covering 14 acres, the Cartoon Network AMAZONE is the revised version of the Amazon Falls Water Theme Park that has been undergoing development over the past couple of years and was initially due to open in 2010. Read more

Dream World to open in January

December 14, 2011 by  
Filed under News, Thailand

BANGKOK, 14 December 2011: Dream World should reopen by mid-January after it was closed due to a massive floods in Pathum Thani province since last October, reports Amusement Creation Company Limited managing director, Amphol Suthiphein.

Mr Amphol told TTR Weekly on Tuesday that the clean-up and repairs at the theme park should be finished in time to resume business by mid of January, but all the rides will need to be tested first.

“Floods started to recede earlier this month,” said Mr Amphol. “The biggest damage was to landscaped gardens, flowers, garden decorations, parking lots and roads in the park,” he added.

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Disney feels the pinch

October 4, 2011 by  
Filed under News

TOKYO, 4 October 2011 – Visitors to Tokyo Disney theme parks dipped 17% year-on-year in the April to September period due to a temporary closure after the March earthquake and tsunami, the operator said Monday.

Oriental Land Co., the operator of the Tokyo Disneyland and DisneySea theme parks, said the number of visitors during the six months to September fell 17.1% from a year earlier to 10.74 million.

The company was forced to close Tokyo Disneyland for five weeks and DisneySea for longer after the earthquake, tsunami and nuclear crisis struck on 11 March. Read more

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