Dreamworld: The Big 9 Thrill Rides

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Introduction This report will analyse Dreamworld and its macro and micro environments, current operating environment and the opportunities and challenges facing this business. It will further address the issue of whether Dreamworld’s physical appearance supports its brand imagine and will provide recommendations towards improving the communication to both potential and existing consumers. It will identify the target market for “The Big 9 Thrill Rides” and detect he effects of the consumer trends for the identified market. Finally, along with the conclusion and recommendations, an analysis of the the promotional tactic that best suits that specific target market will be provided. 1.0 Strategic Analysis Dreamworld is one of the most popular theme parks in Australia, located on the Gold Coast, Queensland. Gregory Shaw, the executive officer of Macquarie Leisure Trust states that in the year 2003, the total of interstate visitors attracted to the theme park had increased to 39%, international visitors decreased to 21% and domestic visitors increased to 40% (Zoltak, 2003). In addition, Sandy Williamson, the education manager of Dreamworld revealed that Dreamworld was awarded …show more content…

Sandra Williamson also suggested that Dreamworld’s challenges included other theme parks, the price driven market and sensitivity to the economic trends. For example, flooding and world issues have affected spending (S. Williamson, personal communication, March 31, 2015). In addition to their competitive market, other theme parks that are located within the same area as Dreamworld are of a higher threat, including Wet ‘n’ Wild, Outback Spectacular and Movieworld, all within 8km. Further, competition may be faced by other theme parks and attractions such as Currumbin Wildlife Sanctuary and Seaworld, however these attractions do not prove to be a significant

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