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Amusement Park Rides in Middle East, Middle East Parks and Resorts Market - Ken Research

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The future analysis of the overall Middle East Theme Parks market has also been discussed along with recommendations from analyst view for all major countries. To know more, click on the link below – PowerPoint PPT presentation

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Title: Amusement Park Rides in Middle East, Middle East Parks and Resorts Market - Ken Research


1
Increasing Number of Indoor Theme Parks and all
Inclusive Packages are Acting as Major Driver for
the Middle East Theme Park Market Ken Research
2
Theme park market in the Middle East is expected
to gain high revenue share in the future with
more number of theme parks establishing in the
region. Rising demand for entertainment centers
has made market players to set up more indoor
parks to cater the population. All inclusive
admission fees have further added to the market
revenues where visitors pay a higher price for
the entry ticket, thereby impacting the market in
a positive manner.
3
There has been a significant rise in the demand
for indoor theme parks due to the sweltering heat
during summers in the countries of the Middle
East. Market players invested in indoor parks due
to the preference of local and international
visitors for fully air conditioned theme parks.
Moreover, admission fee to most indoor theme
parks in the Middle East countries is all
inclusive of the prices of the games available to
the visitors in the theme parks. This makes
visitors pay more at the time of entrance, which
adds to the overall revenues of the market. For
instance, in order to attract families to the
entertainment division of the Fakieh Group, the
company launched Tarfeeh Fakieh Master Ticket in
2016. Though visitors pay a higher price to get
the master ticket, it also offers 20 additional
discount and provides access to Fakieh Aquarium,
Dolphin Show, Fakieh Planetarium and AlShallal
Theme Park, thus helping the group in expanding
their customer base.
4
Apart from the already existing theme parks which
are expanding in terms of games and small
mechanical rides to match the growing craze of
people towards entertainment centers new theme
parks have also been set up in the Middle East.
For instance, Al Hokair Group had planned a USD
40.9 million investment in UAE to expand their
indoor family entertainment center (Sparkys) and
hotels portfolio during 2014. The major example
of the same could be quoted in form of recent
opening of first indoor snow theme park in Riyadh
in 2016, which has added to the prevailing trend
of increased number of indoor parks in the
country and more people in the customer base of
players operating in the theme park market.
5
  • Ken Research announced its latest publication on
    Middle East Theme Park Market Outlook to 2021,
    suggested that International theme parks,
    improved technology and safety in the amusement
    parks are attracting large number of tourists,
    generating high revenue for the market. Admission
    fee is mandatory to be paid for all theme parks
    except for few parks in Kuwait and thus, this
    source of revenue dominated overall revenue
    streams with a share of 62.9 in 2016.
  • Key Topics Covered in the Report
  • Middle East Theme Park
  • Market Growth Theme Park
  • Middle East first theme park
  • Theme Park Profit Middle East
  • Best theme parks in Middle East
  • Middle East Parks and Resorts Market
  • Amusement Park Rides in Middle East
  • Upcoming Theme Parks in Middle East

6
Middle East Future Theme Park Projects Theme Park
and Entertainment Centre Market To know more,
click on the link below https//www.kenresearch.co
m/media-and-entertainment/gaming-and-gambling/midd
le-east-theme-park-market/111402-94.html Related
Reports https//www.kenresearch.com/media-and-ent
ertainment/gaming-and-gambling/uae-amusement-park-
waterpark-market/108144-94.html https//www.kenre
search.com/media-and-entertainment/gaming-and-gamb
ling/saudi-arabia-theme-park-market/110145-94.html
7
https//www.kenresearch.com/media-and-entertainmen
t/gaming-and-gambling/qatar-theme-park-market/1103
82-94.html Contact Ken Research Ankur Gupta,
Head Marketing Communications query_at_kenresearch.
com 91-124-4230204
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