Dubai’s movie-based theme parks to generate $5bn by 2020

26/12/2015 (Emirates 24/7 – UAE): Theme parks in Dubai will help in generating $5 billion (Dh18.35 billion) in revenues by 2020, according to a report.”These theme parks based on movies will also bring in a huge number of tourists to Dubai. Ongoing construction of amusement attractions are in line with Dubai’s vision to transform to an ultimate family tourism destination,” said Abdul Rahman Falaknaz, Chairman of International Expo Consults (IEC), and organizer of the Dubai Entertainment Amusement and Leisure (DEAL) show.The popularity of the movie and show franchises will drive revenues to these developments with Dubai’s theme parks expected to generate close to $5 billion in revenue by 2020, IEC said.PricewaterhouseCoopers (PwC) forecasted that current and upcoming UAE amusement tourist destinations can draw about 18 million theme park visits by 2021. Currently, there are three developments being constructed in the UAE, mostly revolving on Hollywood blockbusters: IMG Worlds of Adventure, 20th Century Fox World and Dubai Parks & Resorts…

http://www.emirates247.com/news/dubai-s-movie-based-theme-parks-to-generate-5bn-by-2020-2015-12-25-1.615006

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