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Showing content with the highest reputation on 01/26/19 in all areas

  1. Project LC

    Merlin Entertainments

    Investors are starting to become worried that underwhelming economic performance is not due to current market conditions and is more to do with the quality of the attractions. In April when the latest financial data is released and another underwhelming year is revealed the share price will either fall or flatline. Investor predictions will most likely turn to sell and Varney will be under pressure to make changes or walk. From what he has said in the past he doesn't like change and blames standard cycles in the economy. What I feel Varney has failed to take account of is that the current economic cycle has just past its peak and it is very unlikely they will be able to increase profits in the coming years with the eurozone heading towards recession. With any luck the board will oust Varney and someone with a refreshed vision can take the reigns. You really have to question if one person can continue to come up with new ideas to drive forward the company for as long as Varney has been there. His current direction is suffocating the parks and I see issues on the horizon as major assets reach the end of there service life.
    4 points
  2. Matt 236

    Merlin Entertainments

    It’s no secret that the majority of Merlin attractions are currently going through some sort of decline, whether that be Thorpe, the midways or even the Legolands (as there have been reports of profits dropping there too). Whilst things like ‘cheaper flights’, terrorism, the economy and recent ride accidents are just some things that may have hindered visitor numbers, Merlin cannot be cleared of all charges by any means. Over recent years, we have generally seen charm, character, atmosphere, upkeep/appearances and general pride dwindle in these parks. There is typically less escapism when you are bombarded by ‘cheap short-term attractions’, walking adverts and ‘exposed ride buildings’ -see DBGT, Ninjago etc.). The fact they have stuck ‘cheap’ Lego monsters on there only salts the wound further and epitomises this. It’s a fact the U.K. parks are generally capped when it comes to growth and expansion, largely down to space limitation, strict planning or most likely both, but this shouldn’t be a hinderance to what the parks could do, if they were allowed the resources to create entertaining attractions. The Wickerman is a pure example of this. Sure, it’s probably not the best layout for a roller coaster, but through it’s compelling storyline, effects, atmospheric soundtrack and theming proves the parks and the U.K. can still create distinctive and memorable attractions that the G.P. will love and enjoy.
    2 points
  3. JoshC.

    China

    Interesting of you to bring up safety actually... Wanda City have sent back a total of 124 pieces of track back to Mack for the Blue Fire clone, due to it failing an inspection they performed to satisfy their own safety checks.. https://news.sina.com.cn/o/2019-01-18/doc-ihqfskcn8346004.shtml A reasonably good translation, provided by roomraider on CF: Obviously a very unusual story, and something which I don't think should be taken at face value. There are of course plenty of incidents of Chinese built rides failing inspections or worse. And it's not the first time that non-Chinese manufacturers have had issues, though admittedly nothing to this scale. Maybe it's a case of China becoming stricter with coasters and rides as a result of the recent boom, and number of accidents, and perhaps going a bit over the top. To go onto Golden Horse in particular though, they actually have a good safety record, especially in recent years. Golden Horse have built coasters outside of China too and are becoming like an early Vekoma with their rides. I guess with western manufacturers becoming more accessible to Chinese parks, Golden Horse have to up their game to remain competitive, and safe!
    1 point
  4. SteveJ

    Merlin Entertainments

    This is very true these major problems couldn't have been foreseen by enthusiasts, but they should have been by the project managers. I study building design/production and project management, I'm not an expert but I can say these are certainly bread and butter for any project. Same for a lot of Merlin projects, these things are known about but corners are cut relentlessly. Same for Ninjago's lack of air conditioning at Legoland – cut from the budget to save money and now we have staff fainting in summer and cheapo air cons added at the park's expense. But anything to cut MMM's project budget. Or countless other scenarios at Merlin parks, that later cost them more. But the irony with DBGT is the project budget was so ludicrously high anyway, they could have rebuilt half the park with that! As well as cutting corners and not value-engineering their projects, Merlin are extremely wasteful. "Efficient with capex" they are not, unlike what Nick Varney believes they are. But probably more important than all of that is the entertainment factor. DBGT is a pretentious, unentertaining load of nonsense, designed by self-congratulatory out of touch hipsters. (haha) Despite all the problems behind the scenes, it had the beginnings of a great theme and should have at least been fun! I totally agree the core idea and the way the illusion works could have been phenomenal. But it missed every single opportunity to entertain, and squandered that amazing train system.
    1 point
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