The Red Sea Astrarium is a themed entertainment resort, featuring:
Construction work on the project is set to start the third quarter of 2014, with plans for a soft opening in the third quarter of 2017.
Hasan Abdullah Ismaik, Managing Director and CEO of Arabtec Holding, the parent company of Arabtec Construction, said, “We are pleased to be involved in this important project which will further boost the Jordanian economy and enhance the country’s attraction as a tourist destination. We are already actively involved in two major projects in Jordan and look forward to expanding our presence there to take advantage of Jordan’s huge potential.
“Apart from its high value and significant contribution to our long term investment, which will translate in sustainable returns to our shareholders, this project provides further recognition of Arabtec as a leading international provider of complex mixed-use developments.”
Cedar Fair LP expects to test a virtual reality component on one of its roller coasters later this year, continuing the company’s movement toward pairing technology with traditional thrill rides.
Third quarter revenues were up 6% to €360 million and nine-month year-to-date revenues increased 9% to €951 million due to higher guest spending and volumes in both theme parks and hotels.
New development plans at Warner Bros. Studios Leavesden and Warner Bros. Studio Tour London were put up for discussion at a public consultation.
Parks and Resorts revenues for the quarter increased 4% to $4.1 billion and segment operating income increased 9% to $922 million.
Turnkey design services for latest commercial destination in Gurgaon from Earth Infrastructures Ltd..
Director, Mike Slee, on his new NatGeo film 'ROBOTS'.
MD Sarah Montgomery on 'Britain's Favourite National Treasure'.
Picsolve's Baz Slatter looks at the impact of social and digital developments
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