Universal opening Beijing theme park by 2019

Entertainment firm Universal Parks & Resorts will invest more than $3 billion with a Chinese partner to open a theme park, complete with a Universal-themed hotel, in Beijing by 2019, the city government and state media have said.

The project has been approved by the National Development and Reform Commission.

Universal Parks & Resorts and partner Beijing Shouhuan Cultural Tourism Investment Co will spend more than 20 billion yuan (US$3.26 billion) to build the park, which will cover an area of 296 acres. The development will include a Universal-themed hotel as well as retail outlets and restaurants.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

The Beijing project will become Universal's fifth theme park after Los Angeles, Orlando, Osaka and Singapore. It is expected to also compete against a Disney park in Shanghai, which has been under construction since 2011 and is scheduled to open next year.

Read more on

Suggested Articles

Gross operating profit per available room dropped to -$17.98 while total RevPAR dropped 92.9 percent to $17.39 for the month.

As businesses plan their back-to-work strategies, implementing a safe workplace is at the top of every executive’s mind.

The company is extending furloughs of above-property employees and anticipates a significant number of position eliminations later this year.