Rob
TS Team
- Favourite Ride
- Steel Vengeance
Some might suggest that the budget for SW8 has been tampered with, that's not my understanding - but someone closer to the project might tell me that's incorrect.
I can't say for certain but it is my understanding that the budget for SW8 was cut following the events of 2015. I believe that as of June 2015 the project was a fair way down the planning process, a larger scale wooden coaster in and around Forbidden Valley for 2017. It was cancelled not long after June 2015 and we now have what is going on with The Flume's site.
If I can just wade in here there's one argument which keeps recurring I feel I must address.
Merlin is a business which must make money and please its shareholders. This is undeniably true. However different businesses require different strategy's to meet that aim. If your company sells a product you want to be profit driven; keep all spending to a minimum and sell at the highest margin. In the world of entertainment, especially the investment heavy world of themed entertainment profit can't be the only driving force.
This is the reason Theme Parks (as we know them today) didn't exist before Disneyland. Disneyland was a poor investment opportunity. There was no proof it would work, quite the opposite. But Disney didn't invest in the idea because he expected it to financially pay off. He hoped it would but the driving force behind the park was personal; he wanted to create a place everyone could enjoy together.
Of course once the concept struck gold what Disney would have happily run as a loss leader to promote the brand quickly became the very heart of the company.
This formula of ambition and sustainable business is at the heart of all successful Theme Parks today. Most of the big names started off as family businesses with a visionary at the helm. Some of them still operate this way (looking at you Europa). Others have passed the mantle onto like minded people; They are big name company's but ones that have creative ambitions.
The parks which have failed have not kept this balance. Either they have tried to build beyond what the business could sustain or they have lost the passion for their product which kept people interested. Do both of these sound familiar?
Brilliant post, this sums up my thoughts perfectly.