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good progress is being made in the discussions on Phase 2 development

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  • #76
    If you think about the 2nd gate and the 11 years Disney has wasted already to put anything on it and still will collect dust for another 9-15 years before Disney "might" build something on it.
    Even as a Disney fan myself, I would prefer they just forfeit the land and let some other operator start on it. I am pretty sure any new operator would be able to build a full fledged park within 5 years (not broken up in a trillion phases like Disney does). It might not be Disney, but if it was a respectable operator like Universal Studios, why not? A nice Harry Potter area/ Mario Land area/ Minions area/Hello Kitty area would be great. Universal Singapore wont get these new rides since it is not owned by Universal-Comcast directly and they dont have land to further expand, so it might be an opportunity to introduce these in Hong Kong (Universal used to be interested in Hong Kong before it had chosen Singapore due to HK governments preference in Disney) . Also it would benefit everyone immediately (besides Disney). A park the size of Singapore Studios would fit in perfectly into this 2nd gate with even some land to expand.
    Last edited by hakjie11; 12-03-2016, 07:47 PM.

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    • #77
      Originally posted by hakjie11 View Post
      It might not be Disney, but if it was a respectable operator like Universal Studios, why not? A nice Harry Potter area/ Mario Land area/ Minions area/Hello Kitty area would be great. Universal Singapore wont get these new rides since it is not owned by Universal-Comcast directly and they dont have land to further expand, so it might be an opportunity to introduce these in Hong Kong (Universal used to be interested in Hong Kong before it had chosen Singapore due to HK governments preference in Disney) . Also it would benefit everyone immediately (besides Disney). A park the size of Singapore Studios would fit in perfectly into this 2nd gate with even some land to expand.
      I highly doubt that Disney and Universal would operate just across the road from each other.

      But it is true the second gate land that is empty right now ought to be used for something: golf course, baseball field, cricket field, whatever. It should be leased out to interested parties for 5-10 years so it will not be wasted. I am certain Disney won't be touching it for 5 years at least.
      Jul 1992: Disneyland Paris
      Apr 2006: Hong Kong Disneyland
      Jul 2010: Disneyland and Disney's California Adventure
      Mar 2011: Hong Kong Disneyland
      Jul 2013: Tokyo Disneyland and Tokyo DisneySea
      Sep 2013: Hong Kong Disneyland
      Jul 2014: Disney California Adventure

      Comment


      • #78
        Recently there are several news regarding new theme parks in Macau and Shenzhen, 2 cities close to Hong Kong...would these new proposals (if they do materialise) make an impact on HKDL 's expansion plan?

        據《澳門日報》報道,澳門特首在2017年施政報告提到,重點推動「特色主題公園」。澳門主題公園度假村股 份有限公司多年前已宣佈路(乙水)發展計劃,該公司執行董事梁安琪昨出席活動時表示,項目目前處設計階段, 希望可做到「貼地」、讓居民一家大細活動,樂園亦有Hello Kitty元素,並希望盡快動工。

        身兼澳博常務董事兼行政總監的梁安琪又指,明年會否調升澳博員工薪酬,要待董事會開會決定。她透露,位於路 (乙水)的「上葡京」按既定時間表進行,預計今年底完工,強調該項目有九成半是非博彩元素。(ca/t)




        Macau's chief executive, Fernando Chui, has previously said the gambling hub needs to do more to boost family tourism including building a theme park, in line with the government's efforts to rebrand Macau as a more mass-market destination.
        Source : http://news.trust.org/item/20161201051913-izafi

        Theme park @ Macau

        The SJM Holdings executive also gave on Thursday a brief update to the media regarding a proposed theme park project for Macau’s Cotai district, which she is involved in promoting. While not an SJM Holdings project, it would be on land close to the company’s Grand Lisboa Palace casino resort. The latter venue is currently under construction and is due to be completed in 2017, according to previous company statements.

        “There is only one hotel to be featured,” said Ms Leong, referring to the theme park plan. She briefly noted that the theme park’s hotel would possibly feature elements of the Japanese cartoon character Hello Kitty.

        Ms Leong heads the theme park project’s promoter, Macau Theme Park and Resort Ltd.

        The scheme was first announced in 2010, with a MOP10.4-billion (US$1.3 billion) price tag – excluding land costs – and a focus on family entertainment. At that time it was said the theme park would be developed in three phases and would include an indoor beach with wave pool, amusement rides, an equestrian centre and convention facilities.

        When asked about the approval process required from Macau’s Land, Public Works and Transport Bureau for realisation of the project, Ms Leong said she had started to see “some progress”.

        But she declined to disclose more details regarding the current proposed content of the project.

        “We will make changes to our plan for the theme park considering the themes that can make visitors stay here [in Macau] longer,” said Ms Leong, adding that her development team for the theme park venture would strive to include “innovative content”.

        Ms Leong was speaking to media on the sidelines of the “SJM and Macau SME Business Matching Session” held on Thursday. It is designed to highlight SJM Holdings’ participation in Macao Chamber of Commerce’s SME procurement partnership programme. The Macau government has called on the city’s casino firms to source more goods and services from local small- and medium-sized companies.

        source : http://www.ggrasia.com/macau-vip-gam...s-sjms-leong2/

        Kaisa unveils plan to build 30b yuan theme park featuring ‘animation city’ in Shenzhen east

        Kaisa Group, the Shenzhen-based property developer, announced on Tuesday that it will invest 30 billion yuan to build an international theme park in Golden Bay, eastern Shenzhen.

        The Golden Bay International Amusement park will incorporate a theme park with hotels, water park, movie theatre and animation city as well as sports centre across a 1.5 sq km site in the eastern area of Shenzhen. The project is expected to come into operation in 2020, Luo jun, vice chairman of Kaisa Group said at a ceremony to unveil the project. Luo said he is confident the project will benefit from strong consumer demand.

        However, analysts expressed concern that the huge price tag for the project was more than Kaisa can afford. The developer has been struggling to restructure its debt after defaulting on US dollar bonds. Kaisa’s Hong Kong-listed shares have been suspended from trading since March 2015.

        Zhang Hongwei, a research director at the Shanghai-based Tospur Real Estate Consulting said it is difficult for Kaisa to come up with the necessary funding in the current situation.

        Local government support is possible for the Shenzhen property developer, despite there are no indications so far, Zhang said.

        A public-private partnership (PPP) model may be suitable for the operation of Golden Bay International Amusement park, he said, adding that Kaisa has not provided any guidance on whether another backer was involved. The public-private partnership model has been used successfully for infrastructure projects such as roads and bridges. Generally the private partner works with local governments under agreements that include construction and long term operation of the assets.

        Nevertheless, Kaisa Group has reached a milestone in its yearlong debt restructuring negotiations after a plan was formally approved by bondholders in May. The group recorded total contracted sales of approximately 3.73 billion yuan in October. For the first 10 months, the developer recorded 26.4 billion yuan of contracted sales.

        Kaisa’s entry into the amusement park industry will intensify competition in the mainland market.

        Kaisa’s proposed Shenzhen park is comparable to Shanghai Disneyland, which debuted in June this year at a cost of 34 billion yuan. Dalian Wanda Group opened a theme park in Anhui in September, its second in China following the opening of Wanda City in Nanchang, Jiangxi province, in May, slightly ahead of the official debut of Shanghai Disneyland. Wanda said it has plans to eventually operate 15 such parks across China by 2020, outpacing Disney in the race to capture the growing market for domestic tourism. Other sites believed to be on Wanda’s list include Guangzhou, Hefei , Harbin , Wuxi , Chengdu and Guilin.

        Demand for amusement parks in China has been fuelled by rising affluence of China’s middle and upper-middle classes, which are expected to account for nearly 50 per cent of GDP consumption by 2030, according to estimates from ANZ Bank.
        Source : http://www.scmp.com/business/money/m...uan-theme-park
        Last edited by PennysBayChronicle; 12-06-2016, 07:02 AM.

        Comment


        • #79
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          They are going ahead with a number of new developments in Hengqin! I believe macau will follow....

          Hollywood film-themed park near Macau in 2018

          A new Hollywood film-themed amusement park on Hengqin Island next door to Macau is scheduled to open by the end of 2018, the promoter announced in a statement.

          Several investment analysts covering the gaming sector view the park as a positive for Macau’s casino industry.

          The new park – called “Novotown” – “is set to open its doors to the public by the end of 2018,” promoter Lai Sun Group announced in a press release issued last week. The company expects the project to attract more than 5 million visitors in the first year of operation.

          The business interests of Hong Kong-based conglomerate Lai Sun Group include: property development, real estate investment, hotel, telecom, mass media and entertainment.

          The park – located five minutes by road from the border between Macau and mainland China’s Hengqin – is being developed by Zhuhai Hengqin Laisun Creative Culture City Co Ltd. Lai Fung Holdings Ltd owns 80 percent of the firm, while eSun Holdings Ltd controls the remaining 20 percent. Both firms are members of the Lai Sun Group.

          Hong Kong-listed eSun Holdings once had an interest in Macau’s Studio City casino project, via an entity called East Asia Satellite Television Ltd. In June 2011, Melco Crown paid US$360 million to take over leadership of the Studio City casino resort scheme. The project had lain with its foundations part built since 2007 after the original set of investors could not all agree on the funding.

          Last week, Zhuhai Hengqin Laisun Creative Culture City announced a partnership with Village Roadshow Theme Parks “to operate Lionsgate [full name Location Based Entertainment Inc]’s first themed immersive experience centre at Novotown”. Zhuhai Hengqin Laisun Creative Culture City and Village Roadshow signed (pictured) a consulting services and management agreement regarding the project.

          Lionsgate is a major Hollywood film and entertainment company that owns a number of film franchises including “The Hunger Games”, “The Divergent” and “Now You See Me”. The second instalment of the “Now You See Me” series – released earlier this year – was partially shot in Macau.

          “Spread across 22,000 square metres [236,806 sq feet] of premium indoor space, the immersive experience centre will feature attractions, retail and dining experiences themed around some of Lionsgate’s most captivating global film franchises,” Lai Sun Group stated in the release.

          Village Roadshow Theme Parks – a subsidiary of Village Roadshow Ltd – operates themed attractions in Australia and North America. It is also involved in the development of China’s first Wet ‘n’ Wild Water Park, under construction in Haikou, on Hainan Island.

          Lai Sun Group had previously announced a “Family Edutainment Center” also for Novotown, with content licensed by the National Geographic Society.

          The mainland Chinese authorities have transformed Hengqin – previously a rural and sparsely populated island – as part of the special economic zone of Zhuhai. In just a few years Hengqin has developed commercial, educational and tourist facilities designed to integrate the economies of Macau and Zhuhai. Hengqin is linked by bridge to Cotai, a strip of multibillion U.S. dollar gaming resorts that is Macau’s answer to the Las Vegas Strip.

          Macau officials – and some senior executives in the Macau casino industry – have indicated that the development of non-gaming facilities on Hengqin could be beneficial for Macau’s tourism industry.

          In February 2015, Macau casino operator Sands China Ltd announced a partnership with Hengqin’s existing theme park – Hengqin Chimelong International Ocean Resort – for two-centre holiday packages. Chimelong opened in March 2014.

          Macau casino operators, including MGM China Holdings Ltd and Galaxy Entertainment Group Ltd, have shown interest in investing in Hengqin. MGM China said in 2014 Chinese authorities were considering whether to give permission for the firm to invest in a non-gaming project in Hengqin.

          Galaxy Entertainment has already signed a framework agreement for a RMB10-billion (US$1.50-billion) non-gaming project on a 2.7-square-kilometres (1.0 sq miles) parcel of land on Hengqin. The firm has plans to build a low rise, low density resort there, according to filings to the Hong Kong Stock Exchange.
          source : http://www.ggrasia.com/hollywood-fil...-in-2018-firm/






          Lai Sun Group Appoints Thinkwell to Produce Lionsgate Entertainment World™ at Novotown in Hengqin, Zhuhai


          November 21, 2016 | Thinkwell Group

          Zhuhai Hengqin Laisun Creative Culture City Co. Ltd., has engaged Thinkwell Group to create the first Lionsgate Entertainment World™, a themed immersive experience center that will bring to life some of Lionsgate’s most successful film properties in China, including The Hunger Games, The Twilight Saga, The Divergent Series, Now You See Me, Gods of Egypt and Escape Plan, through exciting interactive and immersive attractions. Spreading across 22,000 square meters of premium indoor space at Novotown in Hengqin, Zhuhai, the People’s Republic of China, the center is five minutes from the closest Macau border. Novotown is set to open its doors to the public by the end of 2018.

          While cutting-edge technology will be leveraged to immerse “Explorers” into the films, they will also be transported through unique dining and retail experiences themed around these global film favorites. The combination of Lionsgate style and substance will set a new standard for entertainment centers in the region.

          “These Lionsgate properties are providing us the opportunity to create a uniquely rich and sophisticated young-adult-centric experience center unlike anything out in the market today. The professionalism, commitment and vision of the Lai Sun Group team has made this project an absolute joy to develop,” said Kelly Ryner, President of Thinkwell Asia. “Lionsgate’s trust in Thinkwell to creatively push the envelope while staying true to their brand is a testament to our company’s abilities to deliver a world class product.”

          “We are very excited to partner with Thinkwell, to design and produce the most innovative experience for Lionsgate Entertainment World™,” said John Tse, Head of Novotown Project of the Lai Sun Group. “It is Novotown’s vision to become the regional cultural incubator and this center will serve as one of the most thrilling entertainment centers in the region for visitors to explore and live the movies.”

          For the full PDF Press Release: Official Press Release Announcement_20161118

          This development in China by Aedas draws on the concept of an open palm to create a reflection of Chinese culture


          Designed by Aedas and located at the heart of Hengqin Island in Zhuhai, China, this project is just five minutes away from Macau. It is positioned as both a tourist destination and a cultural/creative incubator for Southeast Asia. The mixed-use development features a retail ring which seamlessly links different experiences together while embracing a massive courtyard garden – the Heart of China Garden.

          At the podium level, a 120,000 sq m cultural and entertainment complex features a shopping mall, a multi-purpose hall, a wedding pavilion, a healthcare and beauty cultural centre and two indoor themed attractions – the Lionsgate Entertainment World and the National Geographic Ultimate Explorer. The three towers above offer the 490-key Hengqin Hyatt Regency Hotel, a 52,000 sq m office tower and a cultural workshop tower.

          Novotown is an iconic development that reflects on the Chinese culture. The challenge was to come up with an architectural gesture that is recognised both nationally and internationally.

          According to Aedas: “The result rests on the concept of an open palm, implying that we grasp the past, present and future in the palm of our hands. The hand also symbolises the passing on of the Chinese culture by creating a unique culture with our hands and appreciating the essence with our hearts.”

          The official website of the project is recently launched: http://www.novotown.com.cn/.

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          Attached Files
          Last edited by PennysBayChronicle; 12-06-2016, 08:12 AM.

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          • #80
            The HKDL expansion proposal will be presented to the finance committee of LegCo either on 16 Dec or 6 Jan 2017.

            Gregory So better step up his game if it is to get through.
            Jul 1992: Disneyland Paris
            Apr 2006: Hong Kong Disneyland
            Jul 2010: Disneyland and Disney's California Adventure
            Mar 2011: Hong Kong Disneyland
            Jul 2013: Tokyo Disneyland and Tokyo DisneySea
            Sep 2013: Hong Kong Disneyland
            Jul 2014: Disney California Adventure

            Comment


            • #81
              http://www.legco.gov.hk/research-pub...-hong-kong.htm

              The LegCo is actually quite well briefed on the Asian theme park market. Hopefully they will come to their senses.
              Jul 1992: Disneyland Paris
              Apr 2006: Hong Kong Disneyland
              Jul 2010: Disneyland and Disney's California Adventure
              Mar 2011: Hong Kong Disneyland
              Jul 2013: Tokyo Disneyland and Tokyo DisneySea
              Sep 2013: Hong Kong Disneyland
              Jul 2014: Disney California Adventure

              Comment


              • #82
                (off topic)
                Ocean Park sees record HK$241.1 million deficit, announces entrance fee hike
                Chairman Leo Kung blames poor performance on fall in visitor numbers, slowing economic growth in mainland China
                By SCMP

                To read on:
                http://m.scmp.com/news/hong-kong/eco...icit-announces



                Comment


                • #83
                  “With growing competition, we have to provide the best possible experience to our guests and further enhance our facilities to win visitors over,” Kung said, adding that this included the development of the new Hong Kong Ocean Park Marriott Hotel and Fullerton Hotel as well as the new Ocean Park Water World.

                  ..........


                  To improve performance, the park will create sources of income by launching a new entertainment and dining area at its entrance, scheduled to begin operations before February, according to Vivian Lee, Ocean Park executive director of sales and marketing.

                  “It will attract daytime visitors to stay behind at night and working adults to come over for dinner and drinks after work,” she said. Lee added that this was feasible as the new South Island rail line meant a travel time of five minutes from Admiralty to the theme park.
                  Originally posted by ree523 View Post
                  (off topic)
                  Ocean Park sees record HK$241.1 million deficit, announces entrance fee hike
                  Chairman Leo Kung blames poor performance on fall in visitor numbers, slowing economic growth in mainland China
                  By SCMP

                  To read on:
                  http://m.scmp.com/news/hong-kong/eco...icit-announces


                  HKOP suffers the biggest profit losses in 30 years!!! (But they have HK$2 billion reserve!)

                  Attendance down 1.4 million (from 7.4 million to 6 million)

                  source : http://www.hk01.com/%E6%B8%AF%E8%81%...AD%A2%E8%A1%80

                  Last edited by PennysBayChronicle; 12-07-2016, 04:07 AM.

                  Comment


                  • #84
                    My thoughts have changed after the excitement of the HK Disney Expansion announcement 2 weeks ago has died down a bit :

                    Being a Disney Fan myself :

                    - Walt Disney hasn't been really fair to HK people by building a sub par park in the first place. Its a nice park, but its still the world smallest even if Marvel and Frozen are added.
                    If Disney was really serious with its HK location, it should really have proposed the 2nd Gate instead (now, not 10 years from now).

                    - Giving Shanghai a nicer park and then show up again as a hero to save the small HK park by sharing the expansion costs, makes it looks like a planned strategy only beneficial to Walt Disney at the end.
                    Although Disney is saying that the 2 Chinese parks are targeting different customers, it cannot deny that Mainland Chinese who used/planned to visit the HK one are more interested in the Shanghai one now. So it must be said that a significant part of the drop in attendance is caused by Disney themselves in the first place.
                    If Disney did not build the Shanghai one or not with such a huge difference in size, HK Disney might still not have huge profits as the general attendance to HK has dropped, but it would have been at least closer to profit instead of red.

                    -HK Disney has chosen to build its 3rd hotel when it should have gone for another park expansion. This is obviously a wrong management decision. Again it's a wrong Disney's decision, something that Disney should fix themselves.

                    -As for the selected expansions, I am totally behind Frozen, its a cool to have area.
                    But who would agree that the money for the new castle area should go into a new ride instead? I think many of us would prefer a bigger park over a taller castle area. The small castle might be a mistake in the first place, but I am not really bothered by it after 11 years.
                    As for Marvel, I am excited for Iron Man, it is the most well known Marvel hero today. But I am against changing Buzz Lightyear and Autopia. They are still very popular among small kids.
                    If they were to add the 2 attractions from Marvel, they should consider doing it somewhere else in the Park.
                    By spending the money more wisely and relocating some of its planned attractions, the Gate1 park could easily be 80pct occupied in 6 years and that essentially what the park needs, more value for money.

                    -What I am trying to say is that if McDonalds for example is allowing a bigger new restaurant to be build across an older smaller one in the same street, they should not be seen as a savior if they propose to share the expenses of an expansion to help their smaller franchisee out. It's in fact quite ridiculous to the smaller franchisee and 100% beneficial to McDonalds alone.

                    Therefore I think Disney this time should be the one making the big efforts in realizing the HK expansions.
                    Last edited by hakjie11; 12-10-2016, 10:06 AM.

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