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China was poised to become the new theme park capital of the world before the pandemic closed its tourism; new numbers show the sector is finally recovering. Will we see China resurface as a major tourism investor?
Philip and Scott dive into key developments in the global attractions industry. China's theme parks are seeing a massive rebound, with a 71.8% surge in visitors and nearly 98% revenue growth in 2023. Meanwhile, Mexico's Grupo Vidanta revealed groundbreaking details for VidantaWorld’s BON Luxury Theme Park, a $1.3 billion project opening in 2026. Finally, the Mattel Adventure Park opening has been delayed until 2025, reflecting ongoing challenges in the industry, from supply chain disruptions to economic uncertainty.
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