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The Future of PortAventura

  • Thread starter Thread starter Viator
  • Start date Start date Nov 27, 2022
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Viator

Viator

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  • Nov 28, 2023
  • #481
Asking for posterity, but do we know how much debt that the PAW has?
 
Nico

Nico

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  • Nov 28, 2023
  • #482
AlexanderMBush said:
Asking for posterity, but do we know how much debt that the PAW has?
Click to expand...
I think the article says that after the refinance, they have 620 million euros to pay by 2026z
 
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Alicia

Alicia

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  • Nov 28, 2023
  • #483
Nico said:
I think the article says that after the refinance, they have 620 million euros to pay by 2026z
Click to expand...
This is a dire situation then. And even 400m for a possible land sale is going to completely fix it.
 
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Dan Cooper

Dan Cooper

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  • Nov 28, 2023
  • #484
I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.20231128_150939~2.jpg
 
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Scott W.

Scott W.

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  • Nov 28, 2023
  • #485
soph said:
I’m British, my family all lives there, I moved abroad.
The cost of living has increased everywhere but it has really increased in the UK and a lot of people are really struggling.
On of the factors of Brexit is that it has cut the numbers of people who would work low wage jobs in the uk, such as fruit pickers. This has exponentially increased the cost of food.

The other thing to mention here is going on vacation in the uk is EXPENSIVE. The cost of hotels is astronomical and the cost of gas is very high. The reality is that a week long all inclusive trip to Salou via a uk travel company works out to be cheaper than a week at Alton towers. Combine this with guaranteed sunshine in the summer (this years summer in the uk was not good).

Don‘t get me wrong I would love to see a new park in the UK, if nothing else it may get Merlin to start maintaining their parks better.
Click to expand...

Who does a week at Alton Towers?
 
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Viator

Viator

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  • Nov 28, 2023
  • #486
Dan Cooper said:
I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.View attachment 20147
Click to expand...
It's still something to consider and talk about. Morbidly I am actually wondering what could happen if PAW can't find a buyer at all; or if they have to sell to a group like say, Blackstone.
 
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T

Tbad556

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  • Nov 28, 2023
  • #487
Dan Cooper said:
I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.View attachment 20147
Click to expand...
It was read in full. @Nico quite literally quoted that exact same section several posts ago. No one is ignoring the context here:

Nico said:
That’s what I thought it said too. The article does mention they are still open to a full purchase with that 1 billion price tag. My main take away is they are open to all options.
View attachment 20146
Thank you @mediaservi !
Click to expand...
 
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Dan Cooper

Dan Cooper

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  • Nov 28, 2023
  • #488
AlexanderMBush said:
It's still something to consider and talk about. Morbidly I am actually wondering what could happen if PAW can't find a buyer at all; or if they have to sell to a group like say, Blackstone.
Click to expand...
There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.
 
C

Calmix

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  • Nov 28, 2023
  • #489
Ryan said:
Would Universal really want to spend a billion dollars on a park that they have to completely makeover in their image or wouldn't it be more cost-effective to spend that money towards something new?
Click to expand...

In Pa you are buying a plot of land that the next day you can start building things, if you go and buy a new location you're going to need god's help to put it through, this has a big price tack.
But it seams clear that the news of today have some relation with the insider of yesterday. Maybe UK government has promise a really big incentive and they have chosen UK. From my understanding is going to be a mistake, a lot better in PA or some place among Paris, Brussels and Frankfurt.
 
Last edited: Nov 28, 2023
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Scott W.

Scott W.

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  • Nov 28, 2023
  • #490
Dan Cooper said:
There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.
Click to expand...

Whos' she?
 
Dan Cooper

Dan Cooper

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  • Nov 28, 2023
  • #491
Scott W. said:
Whos' she?
Click to expand...
La Nena.
 
Nico

Nico

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  • Nov 28, 2023
  • #492
Calmix said:
In Pa you are buying a plot of land that the next day you can start building things, if you go and buy a new location you're going to need god's help to put it through, this has a big price tack.
But it seams clear that the news of today have some relation with the insider of yesterday. Maybe UK government has promise a really big incentive and they have chosen UK. From my point understanding is going to be a mistake, a lot better in PA or some place among Paris, Brussels and Frankfurt.
Click to expand...
I keep seeing this argument. Break ground day 1. Does Spain not having permitting, public comments portion, Environmental and transportation studies?
Dan Cooper said:
There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.
Click to expand...
Page Thompson is a man.
 
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Tomfoolery

Tomfoolery

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  • Nov 28, 2023
  • #493
Calmix said:
In Pa you are buying a plot of land that the next day you can start building things, if you go and buy a new location you're going to need god's help to put it through, this has a big price tack.
But it seams clear that the news of today have some relation with the insider of yesterday. Maybe UK government has promise a really big incentive and they have chosen UK. From my point understanding is going to be a mistake, a lot better in PA or some place among Paris, Brussels and Frankfurt.
Click to expand...
No UK has been in development for well over a year now
 
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Ryan

Ryan

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  • Nov 28, 2023
  • #494
Dan Cooper said:
I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.View attachment 20147
Click to expand...

You should try reading the thread instead of jumping to conclusions...

Ryan said:
Would Universal really want to spend a billion dollars on a park that they have to completely makeover in their image or wouldn't it be more cost-effective to spend that money towards something new?
Click to expand...
 
Viator

Viator

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  • Nov 28, 2023
  • #495
Dan Cooper said:
There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.
Click to expand...
Misgendering aside--I genuinely think you are misconstruing what Page is looking at as they see PAW.
 
Viator

Viator

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  • Nov 28, 2023
  • #496
Dan Cooper said:
Page Thompson isn't the one buying the resort out of their pocket money
Click to expand...
So then, who.
 
Ryan

Ryan

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  • Nov 28, 2023
  • #497
Dan Cooper said:
Page Thompson isn't the one buying the resort out of their pocket money
Click to expand...

What a swerve!
 
Ryan

Ryan

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  • Nov 28, 2023
  • #498
Dan Cooper said:
Page Thompson isn't the one buying the resort out of their pocket moneyView attachment 20148
Click to expand...

Uh.... what the hell?????
 
Viator

Viator

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  • Nov 28, 2023
  • #499
Also that is quite a picture you have--one I certainly wouldn't of posted.
 
Dalt Wisney

Dalt Wisney

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  • Nov 28, 2023
  • #500
Tomfoolery said:
No UK has been in development for well over a year now
Click to expand...
Seems a bit strange to have a possible Universal Park in the UK being planned for a year and the only proof available is the NVUL name, which doesn't even confirm that it's called or have anything to do with London... I'm sorry but I'm super skeptical about any of this being remotely real...

I'm not saying it can't be true, but according to the info you've provided (or the lack of) and the certainty that this is definitely happening, similarly to @tommyhawkins, just isn't enough to speculate that much. Is there any other type of information or proof that you can share?
 
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