Join our daily newsletter At The Bell to receive exclusive market insights
- Village Roadshow (VRL) is set to reopen its Gold Coast theme parks by mid-July
- The company owns the popular Movie World, Sea World, Wet n Wild and Paradise Country theme parks in Queensland
- The parks recently have their COVID Safe plans approved by the Queensland Government, allowing the attractions to open at 50 per cent capacity
- Additionally, its cinema business across Tasmania and Victoria have opened or are opening this week
- It’s partner, Event, is also aiming to open by early July
- On market close, Village Roadshow is down 2.70 per cent and is selling shares for $2.16 each
Village Roadshow (VRL) will reopen its Gold Coast theme parks by mid-July.
The company owns the popular Movie World, Sea World, Wet n Wild and Paradise Country theme parks in Queensland.
The parks recently have their COVID Safe plans approved by the Queensland Government. Under the plans, the family-fun filed attractions will be only opening at 50 per cent capacity.
Sea World and Paradise Country will be the first to open this Friday (June 26) just in time for the weekend. Not long after Movie World and Wet n Wild will be opening on July 15.
Cinema Business
Additionally, its cinema business across Tasmania and Victoria have opened or are opening this week. But its aiming to open its metropolitan Melbourne cinemas by late July.
It’s partner, Event, is also aiming to open by early July.
“Village Roadshow’s businesses will operate under applicable operating restrictions and social distancing policies, ensuring the safety of patrons, employees and the community,” the company reassured the market.
On market close, Village Roadshow is down 2.70 per cent and is selling shares for $2.16 each.
