On the existing 3 parks - the footfalls would remain stagnant, the focus would be to improve ARPU by price increase & more contribution by F&B. The ticket prices are still fair and affordable. So there is room for a price uptick. The parks seem to be heavily crowded during peak season and waiting in long queues and losing time is very irritating. So I would be a little skeptical about the comment that more rides would consume more capacity.
Volume growth will be triggered with the commissioning of the two new parks in Odisha & Chennai in the next few years. Visited Kochi & Bangalore parks in 2023, and was happy with the experience.
Disc: Had invested and booked profits in recent retrace. Prowling to re-enter again.
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