Industry Analysis & Industry Trends
Growth in the Amusement Parks and Centres Operation industry has been mixed over the past five years. This has been due to lower consumer sentiment, low real household discretionary income growth, some adverse weather conditions, and discounting by amusement parks to attract new customers and gain repeat business. Consumer spending has been under pressure from high housing costs, although this has been offset by high growth in international tourist numbers. Competition from substitute entertainment industries and services, such as sports and online content, has been putting pressure on industry operators and reducing revenue and profit.
The industry is sensitive to factors that cause changes to domestic entertainment spending and international visitor arrivals... purchase to read more
Industry Report - Industry Products Chapter
The industry can be segmented by the type of product or service being offered. These include park admissions and services, rides, food and beverages, and coin-operated machines. The industry can also be segmented by type of establishment.
Admissions and services
Admissions to amusement or theme parks and other industry locations, and service fees to venues (such as mini-golf courses and go-kart tracks) make up the largest product segment, accounting for an expected 41.2% of industry revenue in 2015-16. This segment has declined over the past five years due to the major theme parks such as Dreamworld, Movie World, Wet'n'Wild and Sea World offering a greater range and number of discounted and unlimited-entry tickets... purchase to read more