Theme park business expected to grow
A new report shows that the theme park business, including Disney, is expected to grow over the next five years after slow attendance in recent years.
IBISWorld, a Santa Monica-based market research firm, predicts that theme parks should see 3.1 percent growth annually, or $12.1 billion, over the next five years, according to a report released last week. This year alone, revenue is expected to increase by 1.7 percent, or $10.4 billion. Read a previous story about the report’s initial findings about the theme-park industry.
The words, "World of Color," appear above Paradise Pier at Disney California Adventure at the end of the new light-and-water show.
A new report shows that the theme park business, including Disney, is expected to grow over the next five years after slow attendance in recent years.
IBISWorld, a Santa Monica-based market research firm, predicts that theme parks should see 3.1 percent growth annually, or $12.1 billion, over the next five years, according to a report released last week. This year alone, revenue is expected to increase by 1.7 percent, or $10.4 billion. Read a previous story about the report’s initial findings about the theme-park industry.