The Theme Park Industry ‘is Moving to Asia’
Travel Blog • Eva Holland • 09.21.10 | 1:07 PM ET
Florida may not be the unofficial Theme Park Capital of the World for much longer. The theme park business is exploding in Asia, thanks in large part to a growing middle class in countries like China, India and Indonesia—and a resulting domestic tourism boom. The AFP has the details:
Tokyo Disneyland and Disney Sea, the Universal Studios park in Osaka and South Korea’s homegrown Everland ranked among the world’s top 10 theme parks in terms of visitors last year, according to industry consultancy Themed Entertainment Association (TEA).
Encouraged by Asia’s promise, Universal Studios signed a deal in January to build its largest theme park in the world in South Korea at a cost of around 2.67 billion dollars.
When completed in 2014, the resort will be bigger than Universal Studios’ four other parks in Hollywood, Florida, Osaka and Singapore combined.