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HK Ocean Park defers price hike plan
Source: Xinhua |
July 28, 2009, Tuesday
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Online Edition
Online Edition
HONG Kong Ocean Park has decided to defer raising its entrance fees and the new charges will come into effect on Oct. 5, according to a press release Xinhua received on Tuesday.
The decision came after the park's board of directors met on late Monday.
The park announced earlier this month that it will raise its entrance fee by 20 percent starting from Aug. 1 which incurred grumbles from the society.
Ocean Park Chairman Allan Zeman said the move was inevitable as more attractions will be completed and the cost of operation kept increasing.
Zeman expected the park to receive 40 million HK dollars (US$5.2 million) less in this fiscal year due to the deferral of price hike.
The single ticket for adults will cost 250 HK dollars, compared with the current 208 HK dollars while the child ticket will rise by 22 HK dollars to 125 HK dollars.
In terms of the annual pass, the fee will be up 67 HK dollars to 695 HK dollars for adults and 37 HK dollars up to 350 HK dollars for children.
Meanwhile, children younger than three years old and elders aged above 65 will still have free access to the park.
As one of Hong Kong's leading theme parks, Ocean Park received 5.03 million visitors in 2008 and the park has seen rising number of visitors and revenue level in the last five years.
The decision came after the park's board of directors met on late Monday.
The park announced earlier this month that it will raise its entrance fee by 20 percent starting from Aug. 1 which incurred grumbles from the society.
Ocean Park Chairman Allan Zeman said the move was inevitable as more attractions will be completed and the cost of operation kept increasing.
Zeman expected the park to receive 40 million HK dollars (US$5.2 million) less in this fiscal year due to the deferral of price hike.
The single ticket for adults will cost 250 HK dollars, compared with the current 208 HK dollars while the child ticket will rise by 22 HK dollars to 125 HK dollars.
In terms of the annual pass, the fee will be up 67 HK dollars to 695 HK dollars for adults and 37 HK dollars up to 350 HK dollars for children.
Meanwhile, children younger than three years old and elders aged above 65 will still have free access to the park.
As one of Hong Kong's leading theme parks, Ocean Park received 5.03 million visitors in 2008 and the park has seen rising number of visitors and revenue level in the last five years.
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