Author Topic: Six Flags parks in China (Read 4719 times)

PcMan · « **on:** April 16, 2008, 10:53:28 AM »

GFH to build theme parks in China
by Dylan Bowman on Wednesday, 16 April 2008

www.arabianbusiness.com/516776-gfh-to-build-theme-parks-in-china?ln=en

Bahrain-based Gulf Finance House (GFH) has teamed up with Six Flags to develop theme parks in China as the companies look to tap into the country's booming tourism industry.

The Islamic investment bank said on Tuesday it has signed a one-year exclusivity agreement with the US theme park operator that gives it the right to develop theme parks in the People's Republic.

GFH said the companies may also develop a Six Flags themed luxury resort, without giving any further detail.

"The agreement will lead to the development of an exciting, one of a kind tourist destination in China that is set to draw travelers from all around the globe," GFH Acting CEO Peter Panayiotou said in a statement.

China's travel and tourism industry generated $353.7 billion in 2006 and is expected to grow to $1.3 trillion in 2016, according to the World Travel and Tourism Council.

GADVwow · « **Reply #1 on:** April 16, 2008, 10:59:48 AM »

And again my point that the press releases and news items in the center of the home page are often missed is made!

rjholla2003 · « **Reply #2 on:** April 16, 2008, 02:27:28 PM »

I've already accepted it and moved on. LOL. As long as people talk about it, I'm fine.

darkridedan · « **Reply #3 on:** April 16, 2008, 02:33:03 PM »

LOL, I saw it there first.

rjholla2003 · « **Reply #4 on:** April 16, 2008, 02:35:46 PM »

Someone rated the article a "1" though. LOL.

darkridedan · « **Reply #5 on:** April 16, 2008, 02:44:37 PM »

If it was a deal between Six Flags and HUSS, I would have given it 5 stars! ;-)

PcMan · « **Reply #6 on:** April 16, 2008, 04:48:18 PM »

Quote from: GADVwow on April 16, 2008, 10:59:48 AM

And again my point that the press releases and news items in the center of the home page are often missed is made!

Doh
I seen it after i posted.
I can't delete the topic so i just let it run

I bookmark a different topic when coming here so I wined up missing the main page.
I will change that so i don't repeat

GADVwow · « **Reply #7 on:** April 16, 2008, 09:43:02 PM »

Nah...my point is at least people SEE it here.

You did good!

rjholla2003 · « **Reply #8 on:** April 17, 2008, 09:48:51 AM »

I know. We never went full-speed ahead with trying to get people to completely change how they look for and discuss news on the site since it's part of the Master Plan that was put on hold. But, as soon as people have time (and I have a reliable computer- don't buy HP!), more pieces of the puzzle will come together. Until then, "ehh".

Dubya91 · « **Reply #9 on:** April 17, 2008, 11:35:19 PM »

Is it just me or does it seem like every other country in the world but our has growing tourism :/

rjholla2003 · « **Reply #10 on:** April 18, 2008, 07:28:15 AM »

It's not you, it's a weaker dollar.

GADVwow · « **Reply #11 on:** April 18, 2008, 07:51:11 AM »

Huh? A weaker dollar means it is cheaper to come here than go other places. And for us, it costs much more to go out of the country. IF tourism is down in the USA, it may be our national image, the difficulties of security or something else. But it isn't the weaker dollar.

Now, if you mean the weaker dollar has made energy and imports more dear and we, the US residents, no longer have as much money to spend on discretionary things like tourism, you are onto something. Which is why I don't necessarily buy the Shapiro/Snyder story that high gas prices may well benefit Six Flags as people may stay closer to home. I fear they will rather husband their meager discretionary dollars to save for that ONE special trip, say to Disney or Universal, and the Six Flags passes may be foregone, or trips to the local park greatly curtailed, with in park spending even more so.

David Jr · « **Reply #12 on:** April 18, 2008, 06:20:34 PM »

So, are the coasters and rides going to be real or cheap knock-offs

.

WadeJ · « **Reply #13 on:** April 18, 2008, 06:34:09 PM »

Lol. I was thinking the same thing. And the discount restraints will be covered in lead

Ogolo · « **Reply #14 on:** April 18, 2008, 07:12:41 PM »

I've seen many foreign tourists at six flags this season.
And I don't mean the ones working there.

If you've ever taken a trip to Disney recently you will see many people are taking advantage of the weak US dollar.

Soon they will start making everything in the US again.

rjholla2003 · « **Reply #15 on:** April 18, 2008, 08:49:18 PM »

Quote from: GADVwow on April 18, 2008, 07:51:11 AM

Huh? A weaker dollar means it is cheaper to come here than go other places. And for us, it costs much more to go out of the country. IF tourism is down in the USA, it may be our national image, the difficulties of security or something else. But it isn't the weaker dollar.

Now, if you mean the weaker dollar has made energy and imports more dear and we, the US residents, no longer have as much money to spend on discretionary things like tourism, you are onto something. Which is why I don't necessarily buy the Shapiro/Snyder story that high gas prices may well benefit Six Flags as people may stay closer to home. I fear they will rather husband their meager discretionary dollars to save for that ONE special trip, say to Disney or Universal, and the Six Flags passes may be foregone, or trips to the local park greatly curtailed, with in park spending even more so.

You are correct sir, with everything. International tourist, especially those in countries with the Euro, are taking advantage of the weaker dollar to go to Orlando, LA, NYC, and the other major tourist attractions in the US. But homeland tourism is hurting. In addition to that, the stronger Euro means that more Europeans are looking for more places to visit. Enter Dubai.

Robert T Ackerman · « **Reply #16 on:** April 18, 2008, 08:49:58 PM »

The coasters might not be knock off's... just really rampy.

Dubya91 · « **Reply #17 on:** April 19, 2008, 12:30:30 PM »

I really hope the coasters arent made of cheap plastic....

darkridedan · « **Reply #18 on:** April 19, 2008, 12:58:03 PM »

Would you rather them be made out of expensive plastic?

GADVwow · « **Reply #19 on:** January 10, 2009, 09:45:07 AM »

Disney reaches China agreement for Shanghai Park:

http://www.orlandosentinel.com/services/newspaper/printedition/saturday/localandstate/orl-c3report1009jan10,0,2671682.story

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Author Topic: Six Flags parks in China (Read 4719 times)