Matt N
TS Member
- Favourite Ride
- VelociCoaster (Islands of Adventure)
In my view, Universal isn’t necessarily comparable to the other parks in the country, simply because the product and target market are so different. Universal will be a premium product with big budgets and big IPs, aspiring to hit the multi-day short break market. There is no park in the country that hits quite the same market that Universal will aspire towards, and I think that will compel larger quantities of people to visit in a way that the current parks don’t.It'll be interesting to see what the attendance figures for the new Universal theme park in Bedfordshire will be, because my theory is that the UK theme park industry has kind of hit its natural ceiling at around 2.5 million annual visitors per park, and that adding more rides or parks would probably not change this much - but if Universal manages to regularly hit 3.5 million or more (possibly by drawing in people from abroad as well) then I will (gladly!) be proven wrong!
I also wonder how many more visitors would arrive if entry was completely free (my feeling is that the entry price is not the main obstacle, but perhaps I am wrong).
I’m not sure free entry would do much for a lot of parks in this country. The likes of Alton, Thorpe et al are in places where you probably actively want to go there rather than having much passive “passing trade”, unlike the likes of the seaside parks which have a lot of passing trade.
Nobody is saying that parks other than those owned by Merlin don’t exist in this country, but I do think having Merlin own the country’s top 4 most attended theme parks has had a uniquely stifling effect on other parks and hasn’t allowed for truly fair and open competition between parks in the way that other countries have.There has been competition, it's just that the others lost the thrill end in spectacular fashion and pivoted to the family market. Outside of thrills, the family market is incredibly competitive here.
Competition doesn't always mean innovation or an increase in quality. It often leads to a race to the bottom, which is what's happened here.
Few would deny that the Merlin parks are a cut above the rest in this country, if only in terms of profile and visitor numbers, which is not really true competition. They are the dominant player in the UK theme park industry, and as such, I would argue that they have broadly controlled people’s expectations of British theme parks in terms of things such as pricing (I know exceptions exist, but many small parks feel they have to keep up with Merlin’s voucher culture and 2 for 1-orientated pricing strategy). I would argue their dominance has absolutely stifled competition, and I think they could be argued to hold an effective monopoly over the UK theme park scene, even if not a technical textbook monopoly.
