Association upbeat on growth outlook for amusement parks

Despite global economic uncertainties, the amusement park industry expects continued robust growth over the next few years, according to the International Association of Amusement Parks and Attractions (IAAPA).

- MOLPASORN SHOOWONG

However, a labour shortage remains an obstacle for the industry following the pandemic.

Jack Chan, vice-president and executive director of IAAPA Asia-Pacific, said industry growth has been buoyed by a growing middle class in the region, urbanisation and rising demand for high-quality leisure activities.

The association expects robust growth for the industry through to 2028, said Mr Chan.

"As long as the industry focuses on innovation, I think it's pretty resilient," he said.

According to IAAPA, theme and amusement parks in this region are expected to draw more than 425 million visitors, generating expenditure tallying US$19 billion by the end of this year.

Mr Chan said many operators have been investing in tailoring experiences for guests, such as adopting immersive experiences and utilising local festivals as their themes.

He said this practice enables visitors to engage in festive events in the parks, such as Chinese New Year, Christmas, Halloween or even Songkran celebrations.