waterparks
Waterparks Riding a Recovery Wave in 2022
David J. Sangree | April 14, 2022
After two years of pandemic concerns that saw many waterparks remain closed throughout 2020 and suffer continued disruption in 2021, 2022 is anticipated to be a pivot back to normal for the industry. As vaccines are now widely available and COVID becomes endemic, waterparks are poised to capitalize on pent-up demand and return to pre-COVID performance levels. While 2021 saw robust growth in pricing at many properties, 2022 will see the industry open a number of expansions and new developments. Several large-scale projects will alter the waterpark landscape at both indoor and outdoor waterparks and continue to encourage properties to innovate ...
Indoor and Outdoor Waterpark Supply Continues Growth as Surf Simulators Take Center Wave
David J. Sangree, MAI, CPA, ISHC | April 13, 2015
by David J. Sangree, MAI, CPA, ISHC The waterpark industry has shown continued growth in 2014 with increased numbers of indoor and outdoor waterparks being developed throughout the United States and Canada. Our projections for 2015 show a number of new openings will occur throughout North America, which will boost the supply of waterparks and increase revenues for this growing industry. As the amount of indoor waterpark square footage and number of outdoor waterparks increase in 2014 and 2015, many new parks are looking to the latest trend in recreational water entertainment to set them apart. Simulated surf machines provide a skill-bas...
Indoor and Outdoor Waterparks Show Growth in 2014
David J. Sangree, MAI, CPA, ISHC | April 4, 2014
by David J. Sangree, MAI, CPA, ISHC The amount of indoor and outdoor waterpark square footage will grow at a faster rate in 2014 than in any year since the Great Recession. Twelve indoor waterpark resorts or standalone indoor waterparks will be opened or expanded in 2014 compared to 9 in 2013. The projected 370,000 new indoor square feet in 2014 dwarfs the 68,000 indoor square feet added in 2013. Eight private outdoor waterparks are projected to open in 2014 compared to 5 in 2013. The World Waterpark Association estimated approximately 82.5 million attendees at North American waterparks during 2013, which compared to 85 million in 2012...
World’s Top 30 Indoor Entertainment Centers: Major Theme Parks Are Going Indoors, Part 1
JLC Hospitality Consulting | July 11, 2013
Anchored by Shopping Malls, Hotels, Waterparks & Casinos; KidZania is fastest-growing in edutainment By Jeff Coy, ISHC When you think about Six Flags, Sea World or Cedar Fair, it is typically an outdoor experience during summer when kids are out of school. But now, major theme parks and amusement parks are going indoors --- where they can attract visitors 365 days a year and not worry about poor weather wiping out profits. Indoor theme parks are not new, but there is a surge of new development. The first large-scale indoor amusement park, Galaxyland, built in 1985, was a giant success with 400,000 sf of amusements and thrill rides i...
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