NewsPlusNotes: Parques Reunidos the Latest Theme Park Operator to Make China Expansion Plans

Wednesday, May 24, 2017

Parques Reunidos the Latest Theme Park Operator to Make China Expansion Plans

It seems that lately there's a continual flow of stories about a plethora of theme park companies making plans to expand into China. From Six Flags' parks that are ready for construction to SeaWorld's recently announced plans, everyone is eyeing the country as the next great place to develop new parks and resorts.

We now have news that Parques Reunidos has entered into a "strategic agreement" with a Chinese company to develop new parks and indoor entertainment centers there. Working with Harves Century Group, which the press release names as "one of the principal privately owned real estate development companies in China," Parques Reunidos will assist in creating parks across China. The pair will be working with the investment arm of the China Development Bank, so it would appear as though there will be no lack of funding for the projects.

The partnership will see Parques Reunidos assist with "preliminary consultation phase of projects, through the consultation on design, construction, and attraction procurement, all the way to the management and operation of the future parks."

© Parques Reunidos

Parques Reunidos is already one of the largest theme, water and family entertainment park operators on the planet, with locations spread across the globe. The company owns many parks, while having similar management agreements on many others. They've been named as operators on several new parks, such as Bollywood and Motiongate in Dubai, and Dragon Park in Vietnam.

In the U.S. the company owns properties such as Kennywood, Dutch Wonderland, Lake Compounce, Idlewild, several water parks and more.

0 comments:

Subscribe to: Post Comments (Atom)

All Original Content © 2006-2019 NewsPlusNotes

NewsPlusNotes is not affiliated with nor do we purport to represent the views, interests, intentions, or policies of any park, corporation, or entity. All original content found on NewsPlusNotes, including but not limited to all original written content, the NewsPlusNotes logo and all other static graphic and web design elements comprising the site, and all photos from NewsPlusNotes writers' personal collections, is the exclusive property of the NewsPlusNotes team and may not be used, reproduced, or distributed in any manner without the express written consent of the individual author/creator. Read our complete Terms of Use.

NewsPlusNotes Terms of Use

NewsPlusNotes is not affiliated with nor do we purport to represent the views, interests, intentions, or policies of any park, corporation, or entity. The opinions expressed herein are solely those of the individual writers. While we strive to achieve 100% accuracy in our news reporting, errors inevitably will occur from time to time and we make no guarantees that the facts presented in any given post will remain unchanged over time. For complete, up-to-the-minute information on any park, please visit that park's web site or contact the park directly.

All original content found on NewsPlusNotes, including but not limited to all original written content, the NewsPlusNotes logo and all other static graphic and web design elements comprising the site, and all photos from NewsPlusNotes writers' personal collections, is the exclusive property of the NewsPlusNotes team and may not be used, reproduced, or distributed in any manner without the express written consent of the individual author/creator.

All non-original content found on NewsPlusNotes, including but not limited to park logos, press releases, and photo contributions received from parks, corporations, and individual readers, remains the property of the original author/creator and may be subject to additional copyright, trademark, and/or intellectual property protection. The lack of an explicit copyright notice does not imply ownership by NewsPlusNotes or any of its writers unless the content in question has been produced by one of our team members as described in the paragraph above. NewsPlusNotes occasionally features guest writers, and these individuals retain ownership of all original written and/or graphic content that they publish on NewsPlusNotes. By contributing written or graphic material to NewsPlusNotes, you are implying that you are the owner of this material or are submitting it with the express consent of the owner. If you feel that we've made an error or omission in attributing proper credit to a particular piece of content found on NewsPlusNotes, please contact us and we will gladly investigate the matter and make any necessary corrections.

CLOSE