Skift Take
Six Flags still considers international licensing an important driver of revenue growth, despite some roadblocks along the way. Back in the U.S., where most of its parks are located, weather put a damper on quarterly earnings.
In a drawback to its international expansion plans, a Six Flags theme park that was supposed to open late next year in Dubai is now under review by its struggling owner, executives from Six Flags Entertainment said Wednesday.
DXB Entertainments, which owns the Dubai Parks and Resorts complex where the new Six Flags is under construction, has posted losses as attendance failed to meet expectations. The resort already includes a Legoland, water park, and theme parks based on Hollywood and Bollywood films.
Earlier this year, the Dubai operator said it would move forward with the Six Flags park, but the company said later it would review its expansion plans.
Wednesday was the first time Six Flags officials addressed what that could mean to the project — though they had few details other than saying that an on-time opening in 2019 was unlikely. Executives