NEWS
Six Flags adding two more Chinese properties to ever-expanding international portfolio
POSTED 21 Jul 2016 . BY Tom Anstey
A franchise model is set to support the upcoming parks, sending a clear signal that Six Flags is committed to potentially unlimited expansion abroad
As Six Flags continues its aggressive expansion plans in foreign markets, the theme park operator has signed an agreement for a second theme park and a waterpark in China, adding to its existing property, which broke ground in January.

The theme park and waterpark developments, which will be built in Bishan, are agreements "subject to negotiation of definitive documents," according to a statement.

Six Flags will work with its existing development partner in China – Riverside Investment Group – with Six Flags CEO John Duffey recently revealing to Attractions Management plans to build “multiple” Six Flags parks in China in the next 10 years, all in partnership with the real-estate group.

A franchise model is set to support the upcoming parks, sending a clear signal that Six Flags is committed to potentially unlimited expansion abroad.

Six Flags’ footprint continues to expand, with confirmed plans for two parks in Vietnam, while further Asian expansion could be on the way, with plans rumoured in April last year for the operator to enter the Malaysian market. Coupled with those rumours, there has long been speculation that there could be a Six Flags addition to Iskandar’s land around Singapore, but neither the park nor the developer have confirmed this.

In the Middle East, Six Flags has also confirmed plans to bring its first branded theme park to the kingdom of Saudi Arabia and recently broke ground on Six Flags Dubai – the latest addition to the multi-billion dollar Dubai Parks and Resorts development opening later this year.

RELATED STORIES
  Six Flags using Pokémon Go to draw visitors with trainer guides


As digital overlays are starting to increasingly affecting our physical spaces, Six Flags is capitalising on the huge success of Pokémon Go, offering visitors to each of its parks a handy guide on how to ‘catch em’ all’.
  Dubai Parks and Resorts breaks ground on Middle East's first Six Flags theme park


Just a few months after announcing plans to add a fourth theme park to its expanding attractions portfolio, Six Flags has started work on a development at Dubai Parks and Resorts.
  Six Flags eyes further international expansion with Saudi Arabia plans


Six Flags continues to focus its efforts outside of the US, with plans to bring its theme park brand to Saudi Arabia as its global expansion continues.
  Six Flags announces US$500m share repurchase plan


Six Flags has approved plans allowing the theme park operator to repurchase US$500m (€440.9m, £343m) of its common stock.
 


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21 Jul 2016

Six Flags adding two more Chinese properties to ever-expanding international portfolio
BY Tom Anstey

A franchise model is set to support the upcoming parks, sending a clear signal that Six Flags is committed to potentially unlimited expansion abroad

A franchise model is set to support the upcoming parks, sending a clear signal that Six Flags is committed to potentially unlimited expansion abroad

As Six Flags continues its aggressive expansion plans in foreign markets, the theme park operator has signed an agreement for a second theme park and a waterpark in China, adding to its existing property, which broke ground in January.

The theme park and waterpark developments, which will be built in Bishan, are agreements "subject to negotiation of definitive documents," according to a statement.

Six Flags will work with its existing development partner in China – Riverside Investment Group – with Six Flags CEO John Duffey recently revealing to Attractions Management plans to build “multiple” Six Flags parks in China in the next 10 years, all in partnership with the real-estate group.

A franchise model is set to support the upcoming parks, sending a clear signal that Six Flags is committed to potentially unlimited expansion abroad.

Six Flags’ footprint continues to expand, with confirmed plans for two parks in Vietnam, while further Asian expansion could be on the way, with plans rumoured in April last year for the operator to enter the Malaysian market. Coupled with those rumours, there has long been speculation that there could be a Six Flags addition to Iskandar’s land around Singapore, but neither the park nor the developer have confirmed this.

In the Middle East, Six Flags has also confirmed plans to bring its first branded theme park to the kingdom of Saudi Arabia and recently broke ground on Six Flags Dubai – the latest addition to the multi-billion dollar Dubai Parks and Resorts development opening later this year.




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