Pandas Can't Save Hong Kong's Ocean Park Long-Term
The Struggles and Hopes of a 48-Year-Old Theme Park The 48-year-old theme park has faced another year of financial difficulties, despite an increase in the number of visitors. This situation has forced the park to consider significant changes to ensure its survival in the long term. The expanded giant panda family at Ocean Park has brought joy and warmth to many people. While the pandas have successfully attracted more visitors from various parts of the world, boosting revenues for the financially struggling theme park, this success alone is not enough to save the declining attraction in the long run. In the 2024-25 fiscal year, the 48-year-old brand saw a 10% increase in visitors, reaching a total of 3.46 million. Locals made up the majority of these visitors, with a 9% rise to 2.21 million, which accounts for nearly two-thirds of the total attendance. The remaining visitors came from other regions, including mainland China, the United States, Australia, and India, with a 12% incre...