Big
theme parks come at a price, though, with the cheapest tickets starting from PS53 per adult and PS46 per child.
In a statement issued on Wednesday, 26 October, Dubai Holding said that it was no longer in talks with the US-based
theme park operator.
IMG Worlds of Adventure, the world's largest indoor
theme park, owned by the Ilyas and Mustafa Galadari Group and managed by IMG Worlds, opened in Dubai on August 31 this year.
Based on hugely popular animated cartoons and books by Heiki Ernits, Janno Poldma, and Andrus Kivirahk, the
theme park opened on July 25, 2014.
In an exclusive interview with Gulf Business, Otto con- rmed that the
theme park was 80 per cent complete and on track to open in early 2016.
The park, located in Dubailand, is billed as the world's largest indoor
theme park, with a capacity of 20,000 visitors each day and measuring up to 1.5 million sq ft.
Earlier this month the firm said that up to 190 jobs could go at its Alton Towers
theme park after sales plunged following the crash.
This also brings in considerable amount of footfall as families merge business with leisure activities and that further propels the
theme park industry," said Falaknaz.
One of the benefits that Shepherd sees for Dubai as a
theme park destination is how close it is to various parts of the world.
Merlin saw like-for-live revenues tumble by 11.4 per cent across its
theme park division over the first nine months of its financial year after seeing "significantly" lower numbers of visitors to Alton Towers, while other UK attractions in the unit, such as Thorpe Park, were also hit.
Comcast chief executive Brian Roberts says he's "doubling down on
theme parks." At an investor conference in January, he said, "We think there is a lot there in the
theme park business for many years to come, and that we have the low market share and only one way to go."
"As the only water and
theme park in our region, the addition of this new attraction will make Magic Springs Water &
Theme Park, and Hot Springs, an even more desirable destination."