Theme Parks

Paper Summary:

This paper explains extreme competition has caused the industry to decline over the last few years; however, many parks, such as Disneyland, Six Flags, Universal Studios and Legoland are investing in extensive new attractions. The author points out that the industry has had problems with accidents because of the lack of real safety standards such as truly appropriate minimum height limits; the manufacturer set limits are based on a cost-benefit analysis that the cost of injury will be set off by a higher number of ticket sales if the height limit is lowered. The paper relates that a reason to support these parks is the large amount of money that comes into the state through tourism due to these theme parks.

From the Paper:

"This is probably a low level danger for the theme parks. However, the main danger to theme parks and this could be considered to be the biggest danger of all is that visits to theme parks were down 1.5 % in 2003. It is said that it was mainly due to poor weather, drop in the economy and worries about terrorism. Worries about terrorism are still not over. The gainers during that period were Universal Studios in Japan and Disney's California Adventure in Anaheim. The last big spending by the parks had been in the 1990s when they had a lot of exciting rides, but the last rides that they added were not adding heart thrilling rides, but mainly adding more of family friendly rides and those were also cost effective. These were rides with slower speeds and linked to movies like "Shrek" which was done by Universal. On the other hand, this year theme parks are going back to what they had done a lot of time ago."

More papers on Theme Parks:

• Essay # 26044 : "Walt Disney's Theme Parks"
• Essay # 74474 : "Theme Park in India"
• Essay # 13124 : "Disney Theme Parks"

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