I find it pretty easy to be a smart ass just in general.Easy for somebody to be a smart ass from behind a computer screen.
I find it pretty easy to be a smart ass just in general.Easy for somebody to be a smart ass from behind a computer screen.
Pretty dang good practice, if you ask meAt least we know Volcano Bay was practice for their next water project.
Only water park in Central Florida I havent been to yet.Pretty dang good practice, if you ask me
It's tough because the question of demand is important.The only problem is the whole 4th dry park could either be 100% or almost 0% depending on their plans for the layout of the new property. I wouldn't rule out a layout similar to the North Complex with 2 medium sized dry parks and a wet park rather than just one large park. With two parks, you get to charge more cause everyone needs hoppers. Thats a ~ 50% increase in ticket sales over putting everything in one park.
It's tough because the question of demand is important.
Based on economic projections for Orlando's tourism industry, I do think Universal can eventually support 4 dry parks if everything goes to plan.
We're probably at least 15 years away from that point, but generally if they do make space for a 3rd phase as I described there (220 acres for a 4th dry park and 3-5 new hotels), then it will probably get the greenlight as long as USF/IoA/3rd park have healthy attendance:
If you were to tell me this is what UOR's 5 year average annual attendance looks like over 2026-2030:
USF = 13.5 million (each of those 5 years around 13-14 million)
IoA = 12.5 million (each of those 5 years around 12-13 million)
3rd dry park = 10 million (would be increasing off its starting base so probably a sequence such as 2026: 9 million, 2027: 9.5 million, 2028: 10 million, 2029: 10.5 million, 2030: 11 million)
Then yeah, I'd feel confident saying that we'll see a 4th dry park built as long as the land is ready. It really depends though on how USF/IoA hold up and how the tourism market grows.
I'd feel pretty confident in projecting that there'd be demand for a 4th park if the above attendance levels are in place.
Only water park in Central Florida I havent been to yet.
Yeah, I see what you're saying. For the record, I think the maximum size of the 3rd dry park is 150 acres. I can't imagine it being much larger than that given the success that Universal has had with its other parks all being somewhat smaller.I get what you are saying about demand, but I'm looking at it more from a perspective of one large park versus two small parks. If they are planning on building a 230 acre park with 30 rides, it almost makes more sense to build two 115 acre parks with 15 rides each. With that, you don't need to add 20 million people, just that same 10 million, as they will likely go to both parks. They can count them as 20 million then, as I'm certain they are doing that at the existing parks with same day park hopping.
That being said, I'd rather they just built one big park, but the business side of me thinks we will see two small parks.
I get what you are saying about demand, but I'm looking at it more from a perspective of one large park versus two small parks. If they are planning on building a 230 acre park with 30 rides, it almost makes more sense to build two 115 acre parks with 15 rides each. With that, you don't need to add 20 million people, just that same 10 million, as they will likely go to both parks. They can count them as 20 million then, as I'm certain they are doing that at the existing parks with same day park hopping.
That being said, I'd rather they just built one big park, but the business side of me thinks we will see two small parks.
Yeah, I see what you're saying. For the record, I think the maximum size of the 3rd dry park is 150 acres. I can't imagine it being much larger than that given the success that Universal has had with its other parks all being somewhat smaller.
You can create a park that can max out around 15 million visitors with 100 acres, so going far beyond that doesn't make much economic sense unless you're trying to do something a bit more special that requires more acreage (especially when limited acreage is an issue).
Only Beijing is getting the supersize parks because land isn't an issue where they're building USB... and the Chinese government can make land available even when it's not normally purchaseable...
I am notorious for throwing hand grenades out there.
But from Comcast's view, would you rather pay to have LotR in your resort? Or have WB pay you too have LotR at your bazillion $$$ resort?
Yes too everything but unlimited budget.Would UC be designing the rides with an unlimited budget or would Warner Bros be dictating price and everything?
I could see some advantages to having the 4th gate be something like a Warner Bros. Movie Park.
1. A plethora of popular IP such as DC Comics, Looney Tunes, Scooby-Doo, Tom & Jerry, The Flintstones, LotR/Hobbit, Blade Runner, The Matrix, Mad Max, Mortal Kombat, Austin Powers, Gremlins etc.
2. It could be where the resort keeps it's BIG coasters.
3. More resources to move faster.
4. Recoup some investment costs through real estate lease, percentage of merchandise sales, etc.
The thing is that Universal would rather keep the vast majority of the profits and then just pay a licensing fee to outsiders. That's the most preferable structure because it keeps the highest value/percentage of profits with Universal (as well as control).I am notorious for throwing hand grenades out there.
But from Comcast's view, would you rather pay to have LotR in your resort? Or have WB pay you too have LotR at your bazillion $$$ resort?
I am notorious for throwing hand grenades out there.
But from Comcast's view, would you rather pay to have LotR in your resort? Or have WB pay you too have LotR at your bazillion $$$ resort?
Well there's 2 reasons it could make sense.Something like this does not sound like something i'd expect a world class resort to do. Reminds me of that awful park in Dubai as far as ideas go.
AT&T is trying to buy TW (parent of WB) at the moment. I think they'll win the antitrust case and takeover WB.How much would WB be worth realistically? Could our mighty cable overlords just buy them out?