Industry Analysis & Industry Trends
The industry faced a tumultuous season in the midst of the recession, with reduced travel rates translating to falling visitors. Revenue is expected to improve over the next five years, however, as companies seek to lure more consumers with new attractions. Also, the improved economy is projected to help raise consumer confidence, causing demand for entertainment to rise substantially. Larger companies will focus on expanding internationally in order to further boost profitability and revenue... purchase to read more
Industry Report - Industry Investment Chapter
For every dollar the average Amusement Park spends on wages in 2014, it will spend an estimated $0.51 on the use and replacement of buildings and equipment. As such, IBISWorld deems this industry to have a high level of capital intensity.
The industry has significant capital requirements, given the need to provide new rides and attractions, most of which may only last a relatively short time, depending on visitor interest. The major amusement parks invest heavily and regularly in upgrading facilities to attract new customers. The practice of building special rides or park areas related to movie releases or other popular themes has become more common as competition within the industry has intensified... purchase to read more