News: Finance

Agreement announced for China’s Haichang Ocean Park to develop attractions in Saudi Arabia

Amid a climate of growing political and economic links between the two nations, Haichang Ocean Park is to develop theme parks, waterparks and social entertainment centres in Saudi Arabia.…

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Apr 12, 2023 Attractions / Entertainment / Finance / Tourism / Waterparks /

 
 

Latest PwC Global Sports Survey identifies major events driving industry growth

The latest edition of PwC's Global Sports Survey has predicted that the industry is expected to rebound internationally after the impact of the COVID-19 pandemic - with Australia and New…

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Apr 11, 2023 Consultants / Events / Finance / Sport /

 
 

Queueing technology experts accesso looks at growth as theme park attendances bounce back

With its business disrupted during the pandemic as a result of theme park closures, queuing technology experts accesso Technology Group is enjoying significant success as virtual queuing…

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Apr 6, 2023 Attractions / Finance / Technology / Waterparks /

 
 

Court orders Mindbody founder Rick Stollmeyer to pay US$48 million over breach of duties to shareholders

A Court in the US state of Delaware has ordered former Mindbody Chief Executive Rick Stollmeyer and Vista Capital to pay approximately US$48 million because of Stollmeyer’s breach of…

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Apr 4, 2023 Finance / Fitness / Legal / Technology / Wellness /

 
 

UFC acquires WWE in US$9.3 billion takeover deal

In a move that will create a sports entertainment juggernaut UFC (Ultimate Fighting Championship) has announced a US$9.3 billion ($13.5 billion) takeover of wrestling brand WWE. WWE will…

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Apr 3, 2023 Entertainment / Finance / Sport /

 
 

Xponential Fitness reports 58% increase in revenue for 2022

USA-based Xponential Fitness has reported US$245 million in revenue in 2022 - a 58% increase on the previous year - during which it saw 511 new studio openings across its total franchised…

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Apr 3, 2023 Finance / Fitness / Retail /

 
 

F45 announces leadership changes with Mark Wahlberg named Chief Brand Officer

F45 Training Holdings Inc. has announced changes to its leadership team with the naming of industry veteran Tom Dowd as its new Chief Executive and Hollywood star and longtime F45 backer…

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Mar 31, 2023 Finance / Fitness / Marketing /

 
 

Thailand’s S Hotels and Resorts reveals focus on Profit, Portfolio and Planet

S Hotels and Resorts PCL has stated it aim to exceed THB 10 billion (US$293 million) in revenue for the first time in 2023 - an increase of around 20% compared to last year’s income…

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Mar 28, 2023 Environment / Finance / Hospitality / Tourism /

 
 

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