23 May 2018 | Digital editions, magazines, websites, e-zines, handbooks and contract publishing for the leisure industry

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Aleatha Ezra
Director of park member development,
World Waterpark Association

Jennifer Fields
Communications Coordinator,
Association of Zoos and Aquariums

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Partnerships development manager,
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Michel Buchel
President of Ecsite and CEO of NEMO, Amsetrdan,
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Communications and Events Manager,
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Eva McDiarmid
Chief Executive,
ASVA

Kurt Janson
Policy Director,
Tourism Alliance

Peter Ducker
Chief executive,
Institute of Hospitality

Maria Zolotonosa
Project Manager,
Ecsite

Ian Taylor
CEO,
SkillsActive

Ufi Ibrahim
Chief Executive,
British Hospitality Association

John Goodbody
Sports Journalist

Sam Coulstock
Customer Relationship Director,
Springboard

Lucy Schweingruber
Fundraising and Events Manager,
Ecsite

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Optimistic outlook for 2012 season

20 Feb 2012
by Aleatha Ezra, Director of park member development, World Waterpark Association
Many waterparks are planning major expansion for the 2012 seasons following a strong 2011.

One of the hot topics at the World Waterpark Association's annual symposium last October was the forecast for the 2012 season and whether or not the economic downturn has finally started to shift back toward a more optimistic outlook for leisure facilities, both in the US and in key regions throughout the world.

To offer attendees some insight on this area, the WWA welcomed keynote speaker, Peter Ricchiuti, finance professor and assistant dean at the Freeman School of Business at Tulane University. Ricchiuti shed light and perspective on where the financial markets are currently and what forecasts look like for the next few years.

"We're not going into a double dip recession," he said. "The next 12-18 months show favorable indicators for the leisure industry. The leisure industry is in the sweet spot," he said.

According to Ricchiuti, the leisure market is in a unique position because "the amount of market growth and the price of gas is just where it needs to be to encourage discretionary spending on leisure activities and staycations."

Thanks in part to this economic shift and a strong 2011 season, many water leisure operators have announced plans for major expansion or attraction additions for the 2012 season. Reinvestment in parks shows that operators are feeling confident and that performance indicators show solid growth potential.

In addition, large new waterpark projects are scheduled to come online this year in China, Abu Dhabi, Thailand, the United States and many other regions.



Tags: Attractions Management  theme & waterparks  tourism  visitor attractions  property 

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