Member news

09 November 2018

AECOM’s China Theme Park Pipeline Report finds the industry is poised for significant future growth

AECOM latest report offers proprietary insights into China theme park industry

 

HONG KONG (Nov. 8, 2018) — AECOM, a premier, fully integrated global infrastructure firm, today released its China Theme Park Pipeline Report, which  details the distribution of theme parks across China, number and scale by geographic region, and offers unique attendance insights that are often difficult to obtain.

 

“In recent years there has been a substantial investment by Chinese theme park owners and operators, but our research shows that attendance levels are still considerably lower than other developed markets such as the United States,” said Chris Yoshii, Vice President, Economics and Global Director of Leisure + Culture, Asia, AECOM. “While the total attendance at China’s theme parks grew to 190 million visits in 2017, a 20 percent year-over-year growth, it is still a markedly lower per-capita attendance compared with other developed economies. These findings demonstrate a significant opportunity for future growth in the Chinese market.”

 

According to the report, the future pipeline for theme parks in China appears robust. At least 70 new theme parks are under construction or in a detailed planning stage. “We anticipate that by year 2020, China will have surpassed the United States in terms of total theme park attendance,” said Mr. Yoshii.

 

AECOM’s Economics practice produced the report at a unique moment for China’s theme park industry, when owners and operators are assessing future trends and potential paths forward for investment success.

 

“We found that parks with a clear and distinctive theme, such as those tied to international intellectual property brands, stand a higher chance of business success than independent parks. Overall, however, trends for China’s theme park industry are strong and offer a myriad opportunities for both themed and non-themed owners and operators.”

 

The China Theme Park Pipeline Report is meant to serve as a reference tool for industry analysts and media. Its proprietary research reflects AECOM’s extensive experience in the themed entertainment industry globally and the firm’s unparalleled expertise of the market conditions and environment in China. More details on the performance and trends of the theme park industry in China can be accessed by visiting www.aecom.com/cn/chinathemeparkpipeline.

 

About AECOM
AECOM, a premier, fully integrated global infrastructure firm, is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18.2 billion during fiscal year 2017. See how we deliver what others can only imagine at aecom.com and @AECOM.

Posted by AECOM

0 comments

TEA Members please log in to comment

More Member news

15 February 2019
MELISSA RUMINOT PROMOTED TO VP OF MARKETING AND CLIENT DEVELOPMENT AT THE COMPANIES OF NASSAL

February 13, 2019 – Orlando, FL -- The Companies of Nassal are happy to announce Melissa Ruminot’s promotion to Vice President of Marketing and Client Development (from her previous position of Director in the same role).


12 February 2019
Holocaust & Humanity Center Uses Local Stories to Teach Universal Lessons

The Nancy & David Wolf Holocaust & Humanity Center (HHC) is now open to the public. The 7,500-square-foot cultural institution is the only Holocaust museum in the United States with a positive, authentic connection to its physical location – Union Terminal, where more than 1,000 survivors and refugees arrived by train to rebuild their lives in Cincinnati.


12 February 2019
Scruffy Dog Invests over £1Million on Production Upgrade

Scruffy Dog Group’s production facility in the Midlands, UK has undergone a recent upgrade. The revamping of the facility and its state of the art equipment cost over one million pounds.