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IAAPA Expo Asia concluded last week, having returned to Thailand after 17 years. Philip attended the show, and we recap his takeaways in this episode.
IAAPA Expo Asia concluded last week, having returned to Thailand after 17 years. The show welcomed 4,623 verified attendees, 352 exhibiting companies, and 3,187 qualified buyers from 2,480 companies. Philip attended the show, and we recap his takeaways in this episode.
In an article with Bangkok Post, Chairman Wuthichai Luangamornlert (Siam Park Bangkok Co., Ltd.), stated:
“In fact, Asia is now the largest market for amusement and water parks in the world, with China alone accounting for more than half of all new park openings worldwide! This year, amusement park spending is expected to increase by 16.5% within the region, with double-digit growth projected through to 2027...
However, this growth also presents challenges for industry players, with the need to constantly innovate and adapt to changing consumer preferences while ensuring safety protocols, sustainable development, and responsible tourism practices.”
We discuss the Chairman's statement as it compares to industry benchmarks and statements from exhibiting companies.
