Lane7: Boutique bowling alley strikes out beyond UK as sales fly HOSPITALITY The rapidly expanding boutique bowling firm Lane7 is set to launch its first venues outside of the UK following a year of increased sales and major new openings.
Merlin Entertainments: Madame Tussauds owner thanks London tourists for ‘record’ sales The owner of the London Eye and Madame Tussauds said one in four visitors who came to the capital visited one of its attractions, helping boost yearly sales to a record high.
Legoland owner Merlin surges back to profit thanks to tourism and staycations brick by Brick The return of tourists and families enjoying staycations has propelled sales and earnings for the owner of Legoland and Thorpe Park. Merlin Entertainments, which is one of the world’s biggest operators with more than 140 attractions, theme parks and resorts, said it had millions more visitors last year. The multinational group saw its revenues surge [...]
Madame Tussauds owner names Scott M. O’Neil as new CEO November 14, 2022 Legoland theme park owner Merlin Entertainment has announced its new chief executive officer as Scott M. O’Neil. The Alton Towers and Madame Tussauds owner said on Monday that O’Neil will step into the shoes of outgoing boss Nick Varney, who has served a 23-year stint. O’Neil’s CV boasts previous roles including a stint as CEO [...]
Madame Tussauds owner Merlin Entertainments slams ‘wholly inappropriate’ winding up petition from Experian August 18, 2022 The owner of Madame Tussauds and London Dungeons has been slapped with a winding up petition by Experian. Merlin Entertainments, which owns theme parks such as Alton Towers and Legoland as well as some of London’s top cultural destinations, faces proceedings due to a dispute over debt. A winding up petition sees unpaid creditors take [...]
Lego Movie 2 fails to deliver for Merlin Entertainments August 1, 2019 Theme park operator Merlin Entertainments reported weaker trading at Legoland in the first half of the year due to poor weather and a lack of visitor momentum from the latest Lego film release. Read more: Merlin Entertainments accepts £4.8bn takeover offer The figures Revenue rose in the 26 weeks to 29 June to £763m – [...]
Legoland owner Merlin Entertainments secures £4.8bn takeover offer June 28, 2019 Legoland and Madame Tussauds owner Merlin Entertainments today said it has secured a £4.8bn takeover offer led by the owners of Lego. Merlin said it has reached an agreement on an offer of 455 pence per share tabled by Kirkbi, the investment vehicle of the Danish billionaire family behind Lego, and private equity firm Blackstone. [...]
Snow deal: Merlin Entertainments sells off £100m Australian ski resorts February 22, 2019 Legoland owner Merlin Entertainments has sold off its Australian ski resort portfolio for almost £100m. The FTSE 250 group, which also owns London attractions such as Madame Tussauds, the London Eye and London Dungeons, said today that the "net proceeds will be used for general corporate purposes". US mountain resort firm Vail Resorts, which has [...]
Magic touch: Greene King appoints Merlin exec as new boss January 15, 2019 Brewer Greene King said today that Nick Mackenzie would join as new chief executive in May from Madame Tussauds-owner Merlin Entertainments. Mackenzie will replace Rooney Anand in the top job and join Greene King’s board on 1 May. At Merlin he is a member of the executive committee and is responsible for the Midway portfolio [...]
Lego bricks and mortar: Merlin Entertainment signs £200m deal to open Legoland Korea by 2022 January 7, 2019 Merlin Entertainment has announced it has entered into a partnership agreement to build a Legoland Park in South Korea. The country’s first Legoland Park will be situated on the island of Hajungdo in Chuncheon, a city within a two-hour drive of nearly 24m people, and expects to create 1,600 jobs. The agreement with Gangwon Provincial [...]