Wednesday, December 29, 2021

Adventureland Resort Iowa Purchased by Palace Entertainment


© Adventureland Resort
Iowa's Adventureland Resort has been purchased by Palace Entertainment, a subsidiary of Parques Reunidos, the company has announced.  Adventureland has been a family run business since the park opened in 1974, expanding greatly over the decades.  In recent years, especially, with the addition of several new roller coasters and attractions.

 

The park recently announced that they will be adding a slew of new family rides for the 2022 season, and it sounds like Place Entertainment will continue that momentum into 2023.


© Adventureland Resort
“We are excited about adding Adventureland into our portfolio,” said John Reilly, Chief Operating Officer of Palace Entertainment. “We specialize in parks and venues that create experiences to be enjoyed over a lifetime, from childhood to young adulthood to parenting and grandparenting. We are investing in Adventureland to expand its current lineup to include eight new family rides in 2022, plus two all-new attractions for the 2023 season.” 

 

Obviously there is no word yet on what the park plans for 2023 with its two new rides, but it is nice to see expansion continuing.  Palace Entertainment already owns and operates some exciting parks across the country including Kennywood, Lake Compounce, Idlewild, Dutch Wonderland and many water parks and family entertainment centers across the country. 

 

No purchase price was revealed for the transaction at this time.


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