Industry Analysis & Industry Trends
The Amusement Parks industry is experiencing significant growth as revenue and profit margins continue to expand amid brightening economic conditions. As consumer sentiment improved markedly over the past five years, more Americans increased leisure spending, resulting in higher amusement park attendance and greater in-park spending. Industry growth is expected to continue over the next five years as a number of drivers continue to have a positive influence on the industry. The additional infusion of tourist dollars is expected to bolster revenue for regional and destination amusement parks. The industry will also benefit as global unemployment rates decline, the US economy improves and consumers continue to spend money, particularly on recreational activities... purchase to read more
Industry Report - Industry Locations Chapter
The industry is spread according to share of domestic and international visitors both within and to the United States. The size of the local population in the area is also important for attendance. The industry is concentrated in the Southeast, West, Southwest and Mid-Atlantic regions, all of which are major tourism destinations. These regions also have favorable year-round weather conditions that prevent any significant problems with seasonality with respect to operations and visitors. However, water parks will almost always have some seasonal use issues.
In terms of physical size, revenue and employment, the largest theme parks are located in the Southeast (Florida) and the West (California) and overwhelm all operators in other locations... purchase to read more