This topic idea sprung out from a recent Parques Reunidos discussion, as well as my chronic grudge for that company in general.
As is usual in this section of the forum, the thread title kind of says everything. How large parts of their profits/revenue is it common for parks to spend on upgrades, new rides, refurbishments, and so on?
A video linked in this post suggests 20 % of the turnover (revenue) is a common figure, but that seems very high to me. That would suggest that one dollar in five spent by guests at a park is used to upgrade the park itself, and there are plenty of other things for them to spend money on: Running costs, staff wages, maintenance, taxes, shareholder payouts, saving for later, or probably dozens of things I don't remember/know about.
Do anybody know any better?
As is usual in this section of the forum, the thread title kind of says everything. How large parts of their profits/revenue is it common for parks to spend on upgrades, new rides, refurbishments, and so on?
A video linked in this post suggests 20 % of the turnover (revenue) is a common figure, but that seems very high to me. That would suggest that one dollar in five spent by guests at a park is used to upgrade the park itself, and there are plenty of other things for them to spend money on: Running costs, staff wages, maintenance, taxes, shareholder payouts, saving for later, or probably dozens of things I don't remember/know about.
Do anybody know any better?