This time next year, we could very well be up in Resorts World Genting enjoying the long-awaited outdoor theme park.
As per RHB Investment Bank Bhd, Genting Malaysia Bhd has informed that the attraction is expected to open in Q3 2020. After many delays, it looks like things are finally moving along on the right track.
Although nothing has been confirmed in regards to ticket pricing, Genting Malaysia shared that the theme park will most probably introduced various types of tickets such as annual, day, priority and VIP tour passes.
“Dynamic pricing strategy is likely to be adopted, such that it will have different pricing for different seasons (peak, off-peak). No final ticket price was guided, but we gather that it should be in line with other regional theme parks (Universal Studios Singapore day pass is RM242/SGD79).
“Management is confident that the OTP will open by 3Q20 (in line with our assumption) and stated that it is currently restarting the process that was stopped last year. However, judging from the stage of completion and aggressive staff hiring in the past few months, we do not discount the possibility of an earlier opening,” the analysts from RHB said.
When the 26-acre theme park opens, 20 out of the 25 rides are expected to be operating. The attraction site will also house 11 food kiosks and 7 restaurants from popular food franchises.
Source: The Edge.
