venny
TS Member
I understand the pessimism given the track record of these sort of projects. I’m going to remain mildly optimistic though, if for no other reason than I’d quite like this to happen and if anyone in the industry at the moment has the capital and will to do it, Comcast do.
Whilst there are significant headwinds at the moment, a project like this is a long term proposition and it’s perhaps the case the Comcast see an opportunity in just that. It’s definitely been a while since we’ve had a new theme park of note in this country and there’s also clearly been a degradation in park quality relative to how European parks have advanced. That feels like a reasonable USP.
As for Merlin not building a massive new park in this country, put very simply, why would they invest that sort of capital when they already dominate the market?
Whilst there are significant headwinds at the moment, a project like this is a long term proposition and it’s perhaps the case the Comcast see an opportunity in just that. It’s definitely been a while since we’ve had a new theme park of note in this country and there’s also clearly been a degradation in park quality relative to how European parks have advanced. That feels like a reasonable USP.
As for Merlin not building a massive new park in this country, put very simply, why would they invest that sort of capital when they already dominate the market?