Analysts from Affin Hwang Investment Bank Bhd say Genting Malaysia’s planned Highlands theme park, now in development and expected to open sometime in 2020, could bring in 2.5 million new visitors every year, growing visitation by up to 10 percent.
“Although the spending per visitation generated through the theme park might not be as high as the current spending, we believe it will help to complement the Highlands’ current offering as a family-friendly holiday destination,” the analysts’ note said. “The outdoor theme park could also help to increase the overall spending of the younger crowd, who prefer spending more on the non-gaming-related activities in the Highlands.”
