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Castle Fun Park Industry Analysis

767 Words4 Pages

The Industry

Castle Fun Park is an amusement theme park located in the city of Abbotsford, British Columbia, in the Fraser Valley. At Castle Fun Park, visitors can enjoy go-karting with friends, play a round of mini-golf on any of their distinctly themed mini-golf courses, bowl at the bowling lanes, or play any of the hundreds of arcade and skill games that the park offers. The park offers free admission and free parking for visitors, and all attractions and games are charged on a per-usage basis.

Castle Fun Park is very well known in the city of Abbotsford, because it has been around for a long time. The theme park has been one of the most iconic attractions of the city for many years, and it continues to attract people of all ages during all seasons. Historically, the amusement park industry has been very popular in North America –and Abbotsford hasn’t been an exception. Amusement parks range from large theme parks with many attractions, to smaller and medium-sized theme parks like Castle Fun Park. Although the industry was very successful once, it has been relatively shrinking in size during recent years, especially since the rise of home video-game entertainment systems. …show more content…

During recent years, the industry has seen a growing trend (Amusement Parks & Arcades in Canada: Report, 2016). Following a period of recession, the industry has grown as consumer spending has also increased (Amusement Parks & Arcades in Canada: Report, 2016). An increase in demand has resulted in higher industry profit margins, but fixed costs related to maintenance can impede growth. Reportedly, revenue growth is expected to continue, as park operators invest in new technologies to keep consumers interested (Amusement Parks & Arcades in Canada: Report,

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