Parques Reunidos

Last updated
Parques Reunidos
Company type Private
Industry Amusement parks
Founded1967 (1967)
Headquarters Madrid, Spain
Area served
Worldwide
Key people
Pascal Ferracci (CEO)
Owners EQT Partners (51.0%)
Elliott Management (12.8%)
Subsidiaries Palace Entertainment
Website www.parquesreunidos.com/en/

Parques Reunidos (meaning "Reunited Parks") is an international entertainment operator based in Madrid, Spain. The group operates over 60 parks in about dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars. These facilities are located in Spain, Belgium, Norway, the Netherlands, Denmark, the United Kingdom, Germany, France, Italy, the United Arab Emirates, Australia and the United States. Through acquisitions of established names such as Kennywood Entertainment Company, Dutch Wonderland and Palace Entertainment, Parques Reunidos greatly expanded its presence in American amusement operations beginning in 2007 through today. Annual visitors to the group's attractions exceed 22 million, with revenue exceeding $570 million (USD). In 2008 it had the fifth-highest attendance figures for worldwide chains with 24.9 million, ahead of SeaWorld Parks & Entertainment and Cedar Fair. [1]

Contents

Palace Entertainment

Palace Entertainment
Company type Private
Industry Amusement parks
Founded1998;26 years ago (1998)
Headquarters Pittsburgh, Pennsylvania
Area served
United States
OwnerParques Reunidos
Website www.palaceentertainment.com

Palace Entertainment is a subsidiary of Parques Reunidos based in Pittsburgh, Pennsylvania and is primarily involved in the operation of attractions in the United States.

Palace Entertainment was established in 1998, after the acquisition of four independently owned family entertainment companies. These four companies consisted of five brands: Camelot Parks, Palace Park, Boomers!, Grand Prix Race-O-Rama and Family Fun Center. [2] In the early 2000s the company purchased various Water Parks and Family Entertainment Centers. [3]

On February 27, 2006, it was announced that MidOcean Partners was to acquire Palace Entertainment. This transaction occurred in the second quarter 2006.

On August 24, 2007, MidOcean Partners sold Palace Entertainment to Parques Reunidos for $330 Million. This transaction took place in the third quarter of 2007. [4]

Fernando Eiroa joined Palace Entertainment in 2007, serving as president and chief executive officer.

On December 11, 2007 Kennywood Entertainment Company entered an agreement to sell their Five Properties (Kennywood, Idlewild and Soak Zone, Sandcastle Waterpark, Lake Compounce and Story Land) to Palace Entertainment's parent company Parques Reunidos. By 2009 Palace had taken over operations of all five parks. [5]

On November 12, 2010, Palace Entertainment announced the acquisition of Dutch Wonderland Family Amusement Park in historic Lancaster County, Pennsylvania, from Hershey Entertainment and Resorts Company. [6]

On March 2, 2012, Palace Entertainment announced the acquisition of Noah's Ark Water Park in Wisconsin Dells, Wisconsin. [7]

In 2014 Palace Entertainment acquired Miami Seaquarium in Key Biscayne, Florida. [8]

Later that year Palace Entertainment sold 15 properties to the newly formed Apex Parks Group Including Big Kahuna's, 10 Boomers locations as well as an additional Family 4 Entertainment Centers. This was in an effort to move away from Family Entertainment Center operations for Palace Entertainment. [9]

In March 2020 it was announced that Palace Entertainment would open a new corporate facility near the Kennywood property. This new facility will house 25 executives as well as their East Coast team. [10]

In December 2021 Palace Entertainment would acquire Adventureland in Altoona, Iowa.

Amusement parks

The entrance of Mirabilandia, Ravenna, Italy Mirab-img0004.JPG
The entrance of Mirabilandia, Ravenna, Italy
Polar bear at Marineland of Antibes, France Ours polaire antibes.jpg
Polar bear at Marineland of Antibes, France

Parques Reunidos currently operates 17 amusement park properties across three continents and nine countries.

NameLocationYear OpenedYear AcquiredNotes
Asia
Motiongate Dubai Dubai, United Arab Emirates2016
Europe
Bobbejaanland Lichtaart, Belgium19612004
Belantis Leipzig, Germany20032018
BonBon-Land Næstved, Denmark19922007
Mirabilandia Ravenna, Italy19922006
Movie Park Germany Bottrop-Kirchhellen, Germany19962010
Parque de Atracciones de Madrid Madrid, Spain1969
Parque Warner Madrid Madrid, Spain2002
Attractiepark Slagharen Hardenberg, Netherlands1963
Tusenfryd Vinterbro, Norway1988
North America
Adventureland Altoona, Iowa 19742021Part of the Palace Entertainment subsidiary
Castle Park Riverside, California 1976
Dutch Wonderland Lancaster, Pennsylvania 19632010
Idlewild and Soak Zone Ligonier, Pennsylvania 18872007
Kennywood West Mifflin, Pennsylvania 18992007
Lake Compounce Bristol, Connecticut 18462007
Story Land Glen, New Hampshire 19542007

Zoos, aquariums and nature parks

Parques Reunidos currently operates 15 zoos, aquariums and nature parks across two continents and six countries.

NameLocationYear OpenedYear AcquiredNotes
Europe
Atlantis Aquarium Madrid, Spain
Blackpool Zoo Lancashire, England1972
Delfinario Costa Daurada Costa Daurada, Spain
Faunia Madrid, Spain
Lakes Aquarium Lakeside, England1997
Marineland Antibes, France19702006
Oceanarium Bournemouth, England
Kid's Island Antibes, FrancePart of Marineland
Selwo Aventura Estepona, Spain1999
Selwo Marina Benalmádena, Spain2002
Weltvogelpark Walsrode Walsrode, Germany 19622019 [11]
Zoo Aquarium Madrid, Spain1770
North America
Living Shores Aquarium Glen, New Hampshire 2019Part of the Palace Entertainment subsidiary
Sea Life Park Waimanalo Beach, Hawaii 19642008

Water parks

Parques Reunidos currently operates 21 separately-gated water parks across three continents and eight countries.

NameLocationYear OpenedYear AcquiredNotes
Europe
Aqua Mexicana Hardenberg, NetherlandsPart of Attractiepark Slagharen
Aquopolis Cartaya Cartaya, Spain
Aquopolis Costa Daurada Costa Daurada, Spain
Aquopolis Cullera Cullera, Spain
Aquopolis Torrevieja Torrevieja, Spain
Aquopolis Villanueva de la Cañada Villanueva de la Cañada, Spain
Aqualud Le Touquet, France
Aquasplash Marineland Antibes, FrancePart of Marineland
Bø Sommarland Bø i Telemark, Norway19852006
Mirabeach Ravenna, Italy20032006Part of Mirabilandia
Tropical Islands Krausnick, Germany20042018
Warner Beach Madrid, Spain 2014Part of Parque Warner Madrid
North America
Noah's Ark Water Park Wisconsin Dells, Wisconsin 19792012 [12] Part of the Palace Entertainment subsidiary
Raging Waters Los Angeles San Dimas, Los Angeles County, California 1983
Raging Waters San Jose East San Jose, San Jose, California 1985
Sandcastle Waterpark West Homestead, Pennsylvania 19892007
Splish Splash Riverhead, New York 19891999 [13]
Water Country Portsmouth, New Hampshire 19842000
Wet'n Wild Emerald Pointe Greensboro, North Carolina 19842002 [14] [15]
Australia
Raging Waters Sydney Sydney, Australia 20132018 [16] Part of the Palace Entertainment subsidiary

Family Entertainment Centers

Parques Reunidos currently operates six family entertainment enters in the United States, Spain and the United Kingdom.

NameLocationYear OpenedYear AcquiredNotes
Europe
Nickelodeon Adventure Lakeside Lakeside, England2020
North America
Boomers! Palm Springs Palm Springs, California 1998Part of the Palace Entertainment subsidiary
Boomers! Vista Vista, California 1998
Malibu Grand Prix Norcross, Georgia 2002
Mountasia Marietta, Georgia 2002

Lodging and other ventures

NameLocationYear OpenedYear AcquiredNotes
North America
Adventureland Inn Altoona, Iowa 2021Part of the Palace Entertainment subsidiary
Adventureland Campground Altoona, Iowa 2021
Cartoon Network Hotel [17] Lancaster, Pennsylvania 2020 [18]
Flamingo Motel & Suites [19] Wisconsin Dells, Wisconsin 2012
Lake Compounce Campground [20] Bristol, Connecticut 2014 [21]
Old Mill Stream Campground Lancaster, Pennsylvania 2001 [22] 2010
Attractiepark Slagharen Hardenberg, Netherlands Attractiepark Slagharen offers a large on-site camping area including cabins
Tropical Islands Krausnick, Germany2018Tropical Islands offers an on-site hotel, campground and holiday homes

Cable cars

The company operates one cable car in Spain.

Former properties

ParkLocationProperty TypeYear OpenedYear Sold/ClosedNotes
Asia
Bollywood Parks Dubai Dubai, United Arab EmiratesAmusement Park2016Status UnknownOwned by Dubai Parks and Resorts; Last appeared on the official Parques Reunidos website in 2018. Closed since early 2023.
Dragon Park Hạ Long, Vietnam Amusement Park2017Status UnknownOwned by Sun Group; Last appeared on the official Parques Reunidos website in 2018
Typhoon Water Park Hạ Long, Vietnam Water Park2017Status UnknownOwned by Sun Group; Last appeared on the official Parques Reunidos website in 2018
Europe
Aquopolis Seville Seville, Spain Water Park2021Rebranded back to Guadalpark; Now operated by Wibit [23]
Aquaopolis San Fernando de Henares Madrid, Spain Water Park2018Did not reopen for 2019, Planned to become green space [24]
El Balcón de Rosales Madrid, Spain Night Club2008Closed after an 18 year old was beaten to death. [25]
L'Oceanogràfic Valencia, Spain Aquarium20032015 [26] Now operated by Vancouver Aquarium Marine Science Centre
Nickelodeon Adventure Madrid Madrid, Spain Family Entertainment Center2018 [27] 2019Closed September 8, 2019 [28]
Nickelodeon Adventure Murcia Murcia, SpainFamily Entertainment Center20172022
Teleférico de Madrid Madrid, Spain Cable Car2017Operations were taken back over by the city of Madrid [29]
Valwo Matapozuelos, Spain Zoo19822007Closed in 2007
South America
Aquarium de Mar del Plata Mar del Plata, Argentina Aquarium2018Sold to Dolphin Discovery [30]
North America
Big Kahuna's Destin, Florida Water Park, Family Entertainment Center19862014Part of the Palace Entertainment subsidiary
Boomers! Parks VariousFamily Entertainment Center2014
Anaheim, California 2004
Bakersfield, California 2004
Dania, Florida 2015
Escondido, California 2004
Medford, New York 19992019
Jazzland New Orleans, Louisiana Amusement Park20002002
Malibu Grand Prix Redwood City, California Family Entertainment Center19792013
San Antonio, Texas 19782014
Miami Seaquarium Miami, Florida Marine Animal Park19552014
Mountain Creek Water Park Vernon Township, New Jersey Water Park19782011
Mountasia Houston, Texas Family Entertainment Center2014
Kingwood, Texas 2007
Raging Waters Sacramento Cal Expo, Sacramento, California Water Park19862022
Silver Springs Silver Springs, Florida Attraction18782013
SpeedZone Dallas, Texas Family Entertainment Center19972014
Los Angeles, California
Waterworld California Concord, California Water Park20112017
Wet N' Wild Las Vegas Las Vegas, Nevada 20022004
Wild Waters Water Park Silver Springs, Florida 19782013

Related Research Articles

<span class="mw-page-title-main">Amusement park</span> Park with rides and attractions

An amusement park is a park that features various attractions, such as rides and games, as well as other events for entertainment purposes. A theme park is a type of amusement park that bases its structures and attractions around a central theme, often featuring multiple areas with different themes. Unlike temporary and mobile funfairs and carnivals, amusement parks are stationary and built for long-lasting operation. They are more elaborate than city parks and playgrounds, usually providing attractions that cater to a variety of age groups. While amusement parks often contain themed areas, theme parks place a heavier focus with more intricately-designed themes that revolve around a particular subject or group of subjects.

<span class="mw-page-title-main">Kennywood</span> Amusement park in Pennsylvania

Kennywood is an amusement park which is located in West Mifflin, Pennsylvania, just southeast of Pittsburgh. The park opened on May 30, 1898, as a trolley park attraction at the end of the Mellon family's Monongahela Street Railway.

<span class="mw-page-title-main">Six Flags</span> American entertainment company based in Arlington, Texas

Six Flags Entertainment Corporation, formerly Six Flags Theme Parks, Inc., is an American amusement park corporation, headquartered in Arlington, Texas. It has properties in Canada, Mexico, and the United States. Six Flags owns the most theme parks and waterparks combined of any amusement-park company and has the seventh highest attendance in the world. The company operates 27 properties throughout North America, including theme parks, amusement parks, water parks, and a family entertainment center. In 2019, Six Flags properties hosted 32.8 million guests.

Raging Waters is a chain of two water theme parks in San Dimas, California, and Sydney, Australia. The parks are operated by Palace Entertainment and owned by its parent company Parques Reunidos, but they each contain different attractions. The parks are generally closed during the winter months.

<span class="mw-page-title-main">Lake Compounce</span> Amusement park in Connecticut, U.S.

Lake Compounce is an amusement park located in Bristol and Southington, Connecticut. Opened in 1846, it is the oldest continuously operating amusement park in the United States. It spans 332 acres (134 ha), which includes a beach and a water park called Crocodile Cove included in the price of admission. The park was acquired from Kennywood Entertainment Company by Palace Entertainment, the U.S. subsidiary of Parques Reunidos. In addition to the 14th oldest wooden roller coaster in the world, Wildcat, its newer wooden roller coaster, Boulder Dash, has won the Golden Ticket Award for the #1 Wooden Coaster in the World for five consecutive years.

<span class="mw-page-title-main">Pirate ship (ride)</span> Amusement ride

A pirate ship is a type of amusement ride based on pirate ships, consisting of an open, seated gondola which swings back and forth, subjecting the rider to various levels of angular momentum. A variant where the riders must pull on ropes to swing the ride is known as a swing boat.

<span class="mw-page-title-main">Parque Warner Madrid</span> Theme park southeast of Madrid, Spain

Parque Warner Madrid is a theme park located 23 km (14 mi) southeast of Madrid, Spain, in the municipality of San Martín de la Vega. The park opened as Warner Bros. Movie World Madrid/Warner Bros. Park Madrid on 6 April 2002 and was owned by numerous Spanish investment groups, with Six Flags operating the park as part of the deal. In November 2004, the management arrangement with Six Flags was terminated, with the name change to Parque Warner Madrid occurring at the start of 2006.

<span class="mw-page-title-main">Idlewild and Soak Zone</span> Childrens amusement park in Pennsylvania, USA

Idlewild and Soak Zone, commonly known as Idlewild Park or simply Idlewild, is an amusement park in the Laurel Highlands near Ligonier, Pennsylvania, United States, about 50 miles (80 km) east of Pittsburgh, along US Route 30. Founded in 1878 as a campground along the Ligonier Valley Railroad by Thomas Mellon, Idlewild is the oldest amusement park in Pennsylvania and the third oldest operating amusement park in the United States behind Lake Compounce and Cedar Point. The park has won several awards, including from industry publication Amusement Today as the best children's park in the world.

<span class="mw-page-title-main">Zoombezi Bay</span> Water park in Powell, Ohio

Zoombezi Bay is a 22.7-acre (9.2 ha) water park owned by the Columbus Zoo and Aquarium near Powell, Ohio just north of Columbus. The park sits on the site of the former Wyandot Lake Adventure Park, which was purchased by the Columbus Zoo and Aquarium in 2006. Zoombezi Bay opened to the public on May 26, 2008, and currently ranks as one of the Midwest's most popular water parks, attracting more than 400,000 visitors annually.

<span class="mw-page-title-main">Story Land</span> Theme park in Glen, New Hampshire, United States

Story Land is a theme park located in Glen, New Hampshire, which opened in 1954. The park is meant to appeal to children up to the pre-teen ages.

<span class="mw-page-title-main">Skycoaster</span> Amusement park ride

Skycoaster is the name of a free-fall and flight-simulating amusement park attraction produced and managed by Skycoaster Company, LLC.. On the Skycoaster, riders in groups of 1 to 3 are harnessed in specialized Flight Suits, and are winched to the top of a launch tower; the riders then pull a ripcord to engage their “flight”, upon which they swing several times from a cable tether, back and forth, until finally brought to a rest. The attraction is often compared to a combination of skydiving, bungee jumping, and hang gliding.

<span class="mw-page-title-main">Village Roadshow Theme Parks</span>

Village Roadshow Theme Parks is a division of Village Roadshow Limited which operates theme parks and attractions in Australia and the United States of America. The Sydney Attractions Group Pty Ltd was formerly part of Village Roadshow Theme Parks; however, it was sold in 2011 to Merlin Entertainments.

<span class="mw-page-title-main">Sandcastle Waterpark</span> Water park in West Homestead, Pennsylvania

Sandcastle Waterpark is a water park located in the Pittsburgh suburb of West Homestead. The park is located on a 67-acre (270,000 m2) piece of land along the banks of the Monongahela River. Sandcastle is owned by Palace Entertainment, subsidiary of Spain-based Parques Reunidos, who purchased original parent company Kennywood Entertainment. The company runs its original sister parks, Kennywood, Idlewild Park, and Lake Compounce. The park contains sixteen water slides, several swimming pools, and a handful of other attractions.

<span class="mw-page-title-main">Rotor (ride)</span> Amusement park ride

The Rotor is an amusement ride designed and patented by German engineer Ernst Hoffmeister in 1948. The ride was first demonstrated at Oktoberfest 1949 and still appears in numerous amusement parks. The Rotor is a large, upright barrel, rotated to create an inward acting centripetal force supplied by the wall's support's force. Once at full speed, the floor is retracted, leaving the riders stuck to the wall of the drum.

The Kennywood Entertainment Company was the operator of five United States amusement parks in Western Pennsylvania, Connecticut, and New Hampshire.

<span class="mw-page-title-main">Enterprise (ride)</span> Amusement ride model

The Enterprise is an amusement ride, manufactured primarily by HUSS Park Attractions and Anton Schwarzkopf beginning in 1972. The HUSS ride was an adaptation and improvement of a design produced earlier that year by Schwarzkopf, with an increased passenger capacity. Despite not owning the original incarnation of the ride, HUSS was issued the patent.

<span class="mw-page-title-main">Boulder Dash (roller coaster)</span> Roller coaster at Lake Compounce

Boulder Dash is a wooden roller coaster located at Lake Compounce in Bristol, Connecticut. Construction for the coaster began in June 1999 and was completed in May 2000. The coaster was built by Custom Coasters International using Southern Yellow Pine wood; while the track is made of Douglas Fir. Amusement Today's annual Golden Ticket Awards ranked Boulder Dash as the world's best wooden roller coaster in 2004 and from 2013 to 2016. The trains were built by Philadelphia Toboggan Coasters.

Funtime, Inc was an American amusement and entertainment company located in Cleveland, Ohio. The company was established in 1965. It owned several properties throughout its 31-year-long lifespan.

References

  1. "2008 Attraction Attendance Report" (PDF). TEA/ERA. Archived from the original (PDF) on July 11, 2009. Retrieved October 13, 2009.
  2. DreamEast (May 20, 2015). "DreamEast Signs Strategic Partnership Agreement With Palace Entertainment". PR Newswire (Press release). Archived from the original on Apr 4, 2023. Retrieved 2020-11-11.
  3. "Festival Fun Parks". U.S. Securities and Exchange Commission. Retrieved 2020-11-12.
  4. "MidOcean Partners Announces Sale Of Palace Entertainment To Parques Reunidos". MidOcean Partners. 2007-08-24. Retrieved 2020-11-11.
  5. "New Chapter in Kennywood Entertainment History Announced" (PDF). Kennywood Entertainment. 2008-05-11. Archived from the original (PDF) on 2008-05-11. Retrieved 2020-11-11.
  6. Palicki, Martin (12 November 2010). "Hershey Entertainment & Resorts Company Announces Sale of Dutch Wonderland to Palace Entertainment". InPark Magazine. Retrieved 2020-11-11.
  7. badams@madison.com | 608-252-6148 | @madnewsboy, BARRY ADAMS | Wisconsin State Journal | (2 March 2012). "Noah's Ark sold to California company". madison.com. Retrieved 2020-11-11.{{cite web}}: CS1 maint: numeric names: authors list (link)
  8. "California theme park company to buy Miami Seaquarium". Miami Herald.
  9. "Palace Entertainment sells 14 entertainment centers and water park". Los Angeles Times. 2014-09-19. Retrieved 2020-11-11.
  10. Goulding, Gage (2020-03-07). "Kennywood's parent company opening corporate facility in Pittsburgh area". WTOV. Retrieved 2020-11-11.
  11. "BELGRANO & CO has advised the shareholders of Vogelpark Walsrode GmbH on the sale to Parques Reunidos S.A." (PDF).
  12. badams@madison.com | 608-252-6148 | @madnewsboy, BARRY ADAMS | Wisconsin State Journal | (2 March 2012). "Noah's Ark sold to California company". madison.com. Retrieved 2020-11-12.{{cite web}}: CS1 maint: numeric names: authors list (link)
  13. Strugatch, Warren (2001-05-20). "Places for Swinging, Splashing, Thrashing (Published 2001)". The New York Times. ISSN   0362-4331 . Retrieved 2020-11-12.
  14. "Emerald Pointe sold to nation's largest water park operator". wfmynews2.com. 10 July 2002. Retrieved 2020-11-12.
  15. Writer, AMY JOYNER Staff (9 July 2002). "EMERALD POINTE GETS NEW OWNER\ THE COMPANY PLANS SMALL CHANGES TO IMPROVE THE WATER PARK EXPERIENCE". Greensboro News and Record. Retrieved 2020-11-12.
  16. "Parques Reunidos completes Wet'n'Wild Sydney acquisition - Australasian Leisure Management". www.ausleisure.com.au. Retrieved 2020-11-12.
  17. "Cartoon Network Will Open Its First Hotel Next Summer in Pennsylvania". 30 October 2018. Retrieved 2020-11-12.
  18. Writer, KEVIN STAIRIKER | Staff (10 January 2020). "Cartoon Network Hotel opened today; here's what to know before you go". LancasterOnline. Retrieved 2020-11-12.
  19. "Flamingo Motel & Suites". Flamingo Motel & Suites. Retrieved 2020-11-12.
  20. "Lake Compounce - Camping". Lake Compounce. 16 May 2018. Retrieved 2020-11-12.
  21. "Lake Compounce - LAKE COMPOUNCE TO OPEN 'BEAR CREEK CAMPGROUND' IN 2014". Lake Compounce. 17 June 2014. Retrieved 2020-11-12.
  22. Writer, TOM MURSE Staff (12 November 2010). "Dutch Wonderland changes hands". LancasterOnline. Retrieved 2020-11-12.
  23. "¡Adiós Aquópolis, hola Guadalpark!". 21 May 2021.
  24. "San Fernando de Henares says goodbye to Aquópolis forever". 27 April 2019.
  25. Barroso, F. Javier (17 November 2008). "Medidas tardías de las instituciones tras la muerte de Álvaro Ussía". El País.
  26. "L'OCEANOGRÀFIC".
  27. "PARQUES REUNIDOS OPENS "NICKELODEON ADVENTURE" MADRID AT INTU XANADÚ". 17 December 2018.
  28. "Nickelodeon Adventure Madrid to Close on Sunday 8th September 2019".
  29. "The Madrid City Council will recover the management of the cable car". 27 July 2017.
  30. "Grupo Dolphin compra Aquarium de Mar del Plata".