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Comcast amusement park in china. China s second most popular theme park in on lantau island in hong kong. A consortium of four state owned companies will build a 3 3 billion universal theme park in beijing the. Comcast on its third quarter earnings call thursday said it expects more than a billion dollars in revenue in china after a theme park opens in beijing around 2020.
Tucker unpacks connections between comcast s theme park deal in china and favorable coverage. Visitors will be thrilled by the numerous chinese themed locations featured throughout the environment including many of the franchise s most beloved icons such as the jade. It will be jointly owned by beijing shouhuan cultural tourism investment co ltd.
Comcast s nbcuniversal along with beijing shouhuan cultural tourism investment co. The completely indoor experience is set in legendary china and is poised to become the world s first theme park land created with the kung fu panda theme. Comments virginia kruta associate editor.
The overall investment in the universal beijing theme park will be more than 20 billion rmb. Bsh investment a consortium of four state owned companies and universal parks resorts a business unit of comcast nbcuniversal. Construction began in 2016.
Children like the rides acts and the cartoon characters. It also has hotels where guests can stay. Theme park operations have been a lucrative segment for comcast both because of the american theme parks and the company s asian growth.
It also gets about 7 and a half million visitors a year and ranks as the 15th most visited in the world. For 2020 include a new theme park being built in beijing china set for a may 2021 opening as well as the ongoing development of a new epic universe. China is a big opportunity.
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