Fantasy Island will remain in administration until at least February 2016, despite profitable operation in the past year.
The amusement park – which includes caravan income and some market income – had losses of £748,000 offset by significant market income from a subsidiary.
Merlin Entertainments is continuing to press ahead with major investments at its theme parks, despite recent setbacks.
The accident that seriously hurt five people at Alton Towers last month has had a huge effect on the company’s theme parks, that is unquestionable.
Reopening the Smiler is not as simple as it may first seem, even when it has been determined as being safe.
Alton Towers faces a huge headache on how to proceed with a ride which has been dogged by problems since its opening.
The Smiler rollercoaster is undergoing a design review following the collision which seriously injured five people last month.
The park’s operators Merlin Entertainments said that they were conducting a third-party review in conjunction with the ride’s manufacturers Gerstlauer.
Lightwater Valley has dismissed a ride operator who activated a rollercoaster while it was being checked by another employee.
Sasha Higgins was inspecting a car on the Treetop Twister ride when another operator dispatched it from the station as ‘a joke’.
Alton Towers is to undertake a major revamp of its Halloween Scarefest event this year, it has been reported.
A press release allegedly obtained by the ScareTour website – but now withdrawn – states that four new attractions will feature during the 16-day event.
Merlin Entertainments has received a reprimand from the Advertising Standards Authority (ASA) following “misleading” marketing of its annual passes.
The products were offered in a sale at the end of last year, as part of the company’s usual sale held each year.
Over the next five years, the minimum wage will rise to £9 an hour, the UK government has said.
Given the tendency for most UK theme parks to pay the minimum wage, how will such a significant rise affect the industry?