Competition
Universal Studios South Korea will be entering a competitive market, with both established theme parks and others future projects announced by rival studios. The day before the park was made public, MGM had announced plans for a future park in Shanghai, China, which itself was unveiled after Viacom subsidiary Paramount Pictures announced it was exploring the potential for its own theme park near Seoul. Each of these parks would be going up against two popular local parks, Everland and Lotte World. Everland hosted 7.5 million guests in 2006, ranking it fourth in Asia behind the two Tokyo Disney Resort parks and Universal Studios Japan, while Lotte World attracted 5.5 million guests to land in fifth place.
Read more about this topic: Universal Studios South Korea
Famous quotes containing the word competition:
“Wearing overalls on weekdays, painting somebody else’s house to earn money? You’re working class. Wearing overalls at weekends, painting your own house to save money? You’re middle class.”
—Lawrence Sutton, British prizewinner in competition in Sunday Correspondent (London)
“The praise of ancient authors proceeds not from the reverence of the dead, but from the competition and mutual envy of the living.”
—Thomas Hobbes (1588–1679)
“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)