Skip to main content

Crystal Lagoons reveals new expansion plan for Middle East

News
Crystal Lagoons project in Egypt

Multinational water innovation company, Crystal Lagoons, have outlined their plans to expand into new markets regionally and globally with a series of lagoons open to the public.

The new business model will involve selling tickets to the public on a ‘pay per use’ basis. Crystal Lagoons will receive revenues as a percentage of ticket sales.

American research has indicated the company’s current market share could double worldwide – calling public access lagoons a must-have 21st century accompaniment to urban life.

Carlos Salas, the regional director, Middle East, Crystal Lagoons, said: “The business model for public access lagoons is very simple, we generate a partnership with a developer and earn a percentage of the ticket income. Crystal Lagoons has already signed two projects in the US and one in Turkey.

Salas said that he also sees opportunities across the Middle East at theme parks, water parks, safari parks, aquariums and zoos.  Talks are reported to be underway with developers in Abu Dhabi, Oman and Bahrain.

Crystal Lagoons runs over 50,000 public parks, theme parks, public golf courses, malls, stadiums, university campus, zoos, social clubs, horse tracks and car tracks.

Image courtesy of Crystal Lagoons

http://www.tradearabia.com/news/CONS_330123.html

Share this
Michael Mander

Michael Mander

I am a journalist from Essex, England. I enjoy travelling, and love exploring attractions around the world. I graduated from Lancaster University in 2018. Twitter @michael_mander.

More from this author

More from this author

Related content

Your web browser is out of date. Update your browser for more security, speed and the best experience on this site.

Find out how to update