It's probably a mixture of things, but I'd say the main driving forces are the opportunities to go abroad for a holiday again (vs. holidaying and short breaks in the UK which most people were taking advantage of over the course of the last 2 years as a result of COVID) and the cost of living crisis. Personally, I'd put the biggest driver down to people spending their disposable income on going abroad again. They'd be a real opportunity to make a dent in that market by reducing prices to offer a competitive alternative to going abroad, but when you compare the costs of a 7 day holiday to Spain with a 2-3 night break at Towers, in *most* instances they're in a similar price bracket. I don't think a lack of an SW is the main driver here.
On the point around fastrack sale opportunities dictating what investment comes next, I don't really think that plays much of a part, if at all. Any investment needs a return, in a large percentage of cases that return needs to be experienced as fast as possible (particularly in public organisations). Marketing plays a part in this- marketing a coaster is probably a lot more cost-effective and easier to achieve an impact vs. a dark ride or a water ride for example. Not saying that is my opinion, but I'd imagine that is what races through the minds of the marketing teams. This probably also suggests why *most* major dark rides under Merlin have had an IP attached because it makes the marketing job easier/cost effective.