Six Flags Aims for 10 Parks in 10 Years in China

The transcript discusses the potential for theme park growth in China, highlighting the market's under-penetration compared to the US. Despite competition from Disney, Wanda, and DreamWorks, there is confidence in the market's capacity to accommodate multiple parks. The focus is on increasing the thrill factor to differentiate from competitors, with plans to introduce world-record rides. Expansion plans include opening 10 parks in 10 years, leveraging partnerships and licensing to achieve this goal.

What is the main reason for the opportunity to expand theme parks in China?

• The success of parks in the US

• The popularity of thrill rides

• The presence of international competitors

• The large population and limited number of parks

How do theme parks in the US manage to coexist in small areas?

• By collaborating on marketing

• By reducing ticket prices

• By filling different niches

• By offering similar attractions

What did psychographic studies reveal about Chinese visitors' preferences for theme park rides?

• They prefer traditional attractions

• They prefer family-friendly rides

• They want more thrill rides

• They are not interested in world records

What lesson was learned from Hong Kong Disneyland regarding ride intensity?

• Chinese visitors prefer less intense rides

• Thrill rides should be avoided

• Chinese visitors are ready for more thrilling rides

• Intense rides are not popular anywhere

What is the goal for the number of theme parks to be opened in China over the next decade?

• 15 parks

• 10 parks

• 5 parks

• 20 parks