Tag Archives: Resorts World at Sentosa

Genting aims to attract 4.5m visitors annually with theme park

Posted on 21 Oct 2009 | Comments Off on Genting aims to attract 4.5m visitors annually with theme park

Genting Singapore Plc (GENS SP), the builder of one of two casino resorts, aims to attract about 4.5 million visitors a year when its Universal Studios theme park opens next year, the local press reported, citing Douglas Trueblood, general manager of sales and marketing for Universal Parks and Resorts.

Genting has not fixed ticket prices. Based on a Morgan Stanley estimate of S$70 per ticket, the reports said annual ticket sales may reach $315 million. Genting is trading at $1.12.

Source : The Edge – 21 Oct 2009

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Sentosa theme park ticket sales put at $315m a year

Posted on 21 Oct 2009 | Comments Off on Sentosa theme park ticket sales put at $315m a year

Universal Studios aims to draw 4.5m visitors; 20 rides to open next year

AT around S$70 per entry to Universal Studios Singapore (USS), Genting Singapore, which invested more than S$1 billion in the theme park could reap around S$315 million a year in ticket sales alone.

Speaking at a news conference yesterday, Douglas Trueblood, general manager (sales & marketing) for Universal Parks and Resorts, said the target is to attract 4.5 million visitors a year to the theme park at Resorts World at Sentosa (RWS), which is owned by Genting Singapore.

Assuming USS sells 4.5 million tickets at S$70 apiece, ticket sales could hit S$315 million.

Mr Trueblood did not reveal ticket prices, but Genting Singapore chairman and CEO Lim Kok Thay has said they will be lower than those at other Universal Studios theme parks.

Earlier estimates by analysts put the entry price at around S$80, compared with about US$70 in the US and 5,800 yen in Japan.

Analysts at Morgan Stanley Research (Asia-Pacific) expect entry prices to USS to be even lower at around S$70. Continue reading →

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