July 15, 2019 | 11:55 pm
You are here:  / Business / Lifestyle / UAE / Dubai Theme parks industry estimated to generate $5billion in annual revenue by 2020

Dubai Theme parks industry estimated to generate $5billion in annual revenue by 2020

The 5th edition of the Theme Parks & Entertainment Development Forum to focus on upcoming projects in the multi-billion dollar industry

The event will be attended by visionaries who will address the industry challenges and discuss their solution

Dubai, UAE: Eminent speakers across the Middle East’s entertainment and retail industry will converge at the 5th edition of Theme Parks & Entertainment Development Forum to highlight the UAE’s tremendous growth in the sectors and discuss the way forward. The two-day event will kick off on 16th April and continue till 17th April at The Meydan Hotel, Dubai, and will focus on the upcoming projects in the multi-billion dollar theme parks and entertainment industry.

The UAE theme park visitor spending is set to grow six-fold from $105 million in 2016 to $637 million by 2020 as the country opens several new parks as it chases ambitious tourism targets, according to a new report. Likewise, PWC forecasts that the leisure and entertainment industry in the UAE will reach 45 million visitors by 2021. Estimates made by International Expo Consults, suggest the Dubai theme parks industry could generate $5 billion annual revenue by 2020.

LEAVE A REPLY

Your email address will not be published. Required fields are marked ( required )

%d bloggers like this: