Industry Articles and Trends
The leisure and attractions industry boasts decades of information, which can make it challenging to pinpoint specific items of interest. For the past 40 years, ITPS has been actively writing blogs and posts about industry trends, milestones, happenings, successes and failures, operating strategies, and more. We are pleased to share these with you to assist in helping you find important answers.
Featured Article
What is a Feasibility Analysis?
“The First Step in Development"
The feasibility study is the cornerstone of any leisure project development. Consider not only why it is important, but also how its outcome can influence your decisions in all aspects of planning.
Other Articles
Where to Build?
Thinking of developing a theme park or leisure attraction, but need to decide where to develop? What are the most important considerations when deciding where to locate a theme park, aquarium, family entertainment center or other leisure attraction? What examples of parks that have been successful in selecting a site or failed because of their site?
Why Projects Fail
While a lot of theme parks are successful, at least for a while, others that are built are suddenly gone within just a year or two. Why is it some fail and what is the single biggest reason that parks fail?
Selling an Attraction?
An amusement park or leisure attraction sale is not a normal real estate transaction. Nor is the appraisal of above ground assets, and you should involve a company who understands the rides and attractions valuations. Proper preparation as outlined will help you in obtaining proper value for your park if and when you decide to sell.
Getting Your Product Noticed
Are you a startup company with some new product that you believe would be great for Amusement Park and Theme Park industry? Do you have an existing product and want to sell to the leisure industry? How do I go about introducing my product line to the industry?
5 Intensities
These are the key intensities that characterize the theme park industry. The industry's vulnerability to extreme weather patterns, its substantial reliance on labor, the necessity for continuous capital investment, sensitivity to fluctuating fuel prices, and the detrimental effects of heavy discounting on profitability. What is the importance of effectively managing these intensities for the industry's growth and long-term success?
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