Opportunity For Retail And Entertainment Development
Sector
Real Estate
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Investment Highlights
- The amusement park's size, location, and concept all have a role in the internal rate of return on investment (IRR).
- Mega, super, and ordinary standard parks are often the three categories that make up an area's entertainment offerings.
- Disney Land is an example of a mega park, which is very large and worth billions of dollars, whereas super parks often generate more than $100 million annually. (weatherport.com, n.d)
- The majority of amusement parks across the globe, around 95%, are considered standard parks, and their annual income is typically less than $100 million. Still, this figure may vary greatly depending on the investment.
- Indoor and water parks are more likely to be profitable