Business
resort
Business
BCN World's main investor does not buy land to build $6 billion resort by expected deadline
Life & Style
Cirque du Soleil signs additional 5 year deal with PortAventura theme park
Business
Cirque du Soleil and PortAventura might work together again after a successful summer show
Business
Catalan Grup Peralada is pre-accepted in the tender to win a BCN World mega-casino license
Business
Veremonte affirms it “has everything ready” to start construction of $6 billion BCN World mega-resort
Business
Legal framework for $6 billion mega-casino and amusement resort BCN World approved
Business
Hard Rock will run the second of BCN World's 6 hotel and casino resorts
Business
New ‘Ferrari Land’ amusement park to open in Catalonia by 2016
Business
American KKR investment fund buys 49.9% of PortAventura
Business
Investindustrial, which owns PortAventura theme park, joins ‘BCN World’ by building 3,000 hotel rooms
Business
Catalonia paves the road for 'BCN World' $6 billion resort by issuing the urban project and reducing casino taxes
Life & Style
The number of extreme sport companies in the Lleida Pyrenees increases by 20%
The Pyrenees of Lleida are one of the main areas in Catalonia for adventure sports and the season officially kicks off this week, once the snow sports are about to end their season. Now begins the time for rafting, canyoning, horse-riding excursions, paragliding, mountain bike rides and hiking, which are among the most popular sports. In the last year, the number of companies working within these activities in the Province of Lleida has increased by 20%, reaching more than 200 enterprises. The sector has set the objective of reaching 625,000 services in 2013, similar to that of the last few years. However, they are concerned that the economic crisis and the VAT increase imposed by the Spanish Government might reduce the number of clients.
Business
The Italian Investindustrial buys the remaining 50% of PortAventura, owned by Criteria Caixa Holding
The Catalan theme park PortAventura, located on the Costa Daurada, between Tarragona and Salou, will be completely controlled by Investindustrial, a fund run by the Bonomi family. Portaventura is the only profitable theme park in Spain and one of only a few in Europe. Investindustrial is buying the remaining 50% of the park for €105 million. Furthermore, they have announced a future investment of €80 million to foster the park’s international expansion. PortAventura is located next to the land where the €6 billion mega-resort Barcelona World will be built. The Italian group has a consolidated trajectory of investing large amounts of capital in businesses from a wide range of sectors to ensure growth.
Business
$6 billion mega-resort theme park to be built in Catalonia instead of Sheldon Adelson’s Eurovegas
‘Barcelona World’, located next to Salou’s beaches and PortaAventura, will have 6 new theme parks, as well as 12,000 hotel rooms, casinos, convention centres, golf courses and other amusement facilities. 10 million people are expected to visit the mega-resort funded by Veremonte each year, which will create 40,000 jobs. ‘Barcelona World’, located next to Tarragona in the Costa Daurada, will be Europe’s largest amusement resort and among the world’s largest, targeting family and business tourism. Construction may be complete by late 2016. The project has been announced after the expiration of the offer made to Las Vegas Sands to build its casinos next to Barcelona. This American company has not announced if it will finally build ‘Eurovegas’ in Madrid yet, but the Barcelona option seems to be ruled out.