Monday, September 28, 2020

Tag: Dreamland

A nightmare scenario? Dreamland locks the gates on 2020

Dreamland lockdown locks the gates 2020
The iconic amusement park is letting most of its staff go, citing the lockdown as having cheated it of any prospect of profit for the year. Dreamland is having a nightmare 2020 season

Dreamland’s Hi-Tide held back until 2021

Margate Dreamland Hi-Tide Festival postponed
A festival at Dreamland in Margate that was set to feature Fat Boy Slim and Madness has been postponed until 2021 due to the ongoing coronavirus crisis.

Extra provisos for Dreamland sale

Dreamland sale extra provisos
Additional conditions are to be added to the prospective sale of Dreamland by Thanet District Council, after objections to the initial terms of the..

Dream on: Historic theme park sale not necessarily a done deal

dreamland theme park deal not done thanet council
The Conservatives on Thanet Council had hoped that their plan to privatise Dreamland was a done deal, but late last week saw vehement dissent..

Dreamland to be re-privatised

Dreamland tipped to be re-privatised
Thanet Council will divest itself entirely of its interest in Dreamland, Britain’s oldest amusement park. Present operator Sands Heritage is tipped to swoop in for the freehold.   Thanet District Council has agreed to sell off its entire stake in the iconic Dreamland amusement park in Margate. The local authority acquired the park in 2013 by way of a compulsory purchase order,...

Dreamland makes plans for Centenary

Dreamland plan centenary
Dreamland has announced a series of plans for its 100th anniversary next year, including a research programme aimed at discovering more of the theme park’s

Dreamland Margate to extend free entry for rest of 2019

Dreamland Signage Margate
After a record-breaking start to the season, Kent amusement park Dreamland is to keep entry free for the remainder of the year.

Dreamland celebrates best start to a season

Dreamland Margate Big Wheel
Dreamland Margate is celebrating after its new pricing system resulted in the amusement park’s best opening season since it reopened in 2015.

Dreamland works on plans for year-round business

Dreamland Margate
Dreamland CEO Eddie Kemsley confirmed that the Kent amusement park aims to further expand its events offering and is looking at “ways to increase..

Dreamland delighted as seafront hotel plans get surprise approval

Dreamland, Thanet, seafront hotel, surprise, approval
Thanet District Council has gone against the recommendations of its planning officers to give the amusement park’s owner - and Margate’s tourism economy - a vital shot in the arm. Dreamland can continuing dreaming. The owners of Dreamland Margate have celebrated after a dramatic planning U-turn gave it the green light to build a new hotel next to the amusement...

Dreamland owner reveals disappointment over planning rejection for Margate seafront hotel

Dreamland, margate
It would have provided more accommodation for tourists, employment for local people, additional trade for service businesses, and it would have upped Margate’s offering as a destination. But Dreamland’s application for a 124- room hotel next to its park has been recommended for rejection. So what brought on this nightmare? Margate Estates, the parent company of the Dreamland amusement park,has...

Dreamland opens two new rides

Dreamland Margate
Dreamland Margate has opened another two new thrill rides in time for the start of the school summer holidays next week. The Pendulum and Pinball X come not long after family rides Up, Up and Away and Soaring Seagulls were unveiled to the public in May. In total, nine new rides will be at the seaside amusement park over the...

Dreamland unveils plans for seafront hotel

The owner of Dreamland has unveiled plans for 120-bedroom hotel that it hopes will reinvigorate Margate seafront. Margate Estates, the amusement park’s parent company, held two drop-in community events at Dreamland’s Grade II-listed ballroom this week to update residents on its £50m investment in the attraction. The firm revealed images of what the revamped seafront would look like if planning permission...

Keeping Margate’s Dreamland alive

Dreamland Margate
After helping Skegness’ Fantasy Island realise its potential in 2016, Ben Wiles, MD of Duff & Phelps, was the obvious candidate to rescue Dreamland in Margate from financial difficulties. Not only did he have the restructuring nous, but he knew the value of landmark seaside attractions. In discussion with Business Quarter, he talks about the challenge of dreaming big. When...

Dreamland Margate applies for 39 metre Sky Tower thrill ride

A massive ‘shoot and drop’ Sky Tower ride will be just one of the new attractions to terrify thrill seeking tourists at Dreamland Margate this summer. Bosses at the park have submitted a planning application to Thanet council for permission to build the colossal tourist attraction. “The new ride, called the Sky Tower, will have a maximum height of 39.5 metres...

Dreamland launches new wedding service

dreamland wedding
It is no secret that a diversity of offering away from classic gaming fare can often pay dividends for operators.   Margate Dreamland has now taken this to new heights and is launching a new wedding service at the park. Since last year’s multi-million pound revamp the site has already held host to a number of musical endeavours, not least the Demon...

Dreamland plans new rides following administration exit

Coinslot Dreamland rides
New rides are set to arrive at Dreamland next year following a corporate reorganisation by the amusement park’s operator.   A £25m investment earlier in the year saw the attraction open to the public throughout summer, with half a million people flocking to the Margate destination. Now, with the season and administration both over, the operator has overseen a corporate reorganisation...

Dreamland in Margate saved from administration

Coinslot - Dreamland reopening administration
Fears of liquidation and a continued period of financial failure have been cast aside by the inventive Dreamland theme park as a number of new initiatives have kept them afloat.   A successful summer will pull the Dreamland theme park in Margate out of the dark depths of administration this month. Calling in administrators in August of last year, Sands Heritage, the...

CVA options could leave Dreamland amusement park investors three quarters short

Coinslot - Dreamland reopening administration
The businesses that invested money and resources into Dreamland theme park located could be offered approximately 25 percent in return as part of a Company Voluntary Arrangement proposal.   Sands Heritage Ltd, the company that operate the park, went into liquidation last year and a document leaked this week has indicated what lies in store for the creditors. A spokeswoman from the...

Dreamland launch more of a nightmare for local resident

Coinslot - Dreamland Versatitlity
The relaunch of Margate’s Dreamland has shocked a local resident who claims one of the park’s rollercoasters comes within inches of her flat’s balcony.   Whilst many are rejoicing about the timely reopening of Dreamland in equally dreamy Margate, a woman has been left in a state of shock after a rollercoaster at the site has been built inches from her...

Reviving the dream: Dreamland hails huge reopening

Coinslot - Dreamland reopening administration
Following a short-lived relaunch in 2015, Margate’s Dreamland reopened again with a brand new site and old amusement favourites.   Thousands of people turned up on a warm summer’s evening to witness the grand reopening of Dreamland, Margate’s historic amusement park and entertainment centre. Following a £25m investment, on 26 May Dreamland unveiled its completely updated and re-landscaped space with traditional rides...

Dreamland secures additional parking before opening weekend

Coinslot - Dreamland margate parking
A deal has been struck to renovate a car park near Dreamland in Margate as the amusement park looks to secure more parking infrastructure for the busy season ahead.   The additional 400 spaces to be provided will ease some of the attraction’s existing parking problems - an important step for Dreamland’s long term growth strategy, as well as a bonus...

Dreamland operator identifies versatility as key to long-term success

Coinslot - Dreamland Versatitlity
In its first media interview since entering administration, Sands Heritage presented a bold vision for the future of Margate’s seaside amusement park.   Dreamland Margate operator Sands Heritage has said the new look amusement park will be a more versatile site that people will want to spend more time on when it reopens on 26 May. Speaking for the first time since...

Plans for £15m overhaul of Dreamland Margate unveiled

Coinslot Dreamland plans
Dreamland Margate’s battle to pull itself out of the red has received a significant boost in the shape of an even bigger loan facility than previously announced. Plans for a £15m overhaul of the Dreamland Margate amusement park have been announced by its operator. Sands Heritage, which went into administration last May, said the injection of funds from offshore hedge fund...

Dreamland operator receives £10m investment for sale

Coinslot Dreamland rides
Operators of the Dreamland theme park, which went into administration in May 2016, have agreed to extend its loan facility with Cayman Island-based hedge fund company, Arrowgrass, to almost £10m in order to prepare the site for sale. The sorry tale of Margate’s troubled leisure complex Dreamland continues, albeit with an end-game in mind. Having initially been loaned  £600,000 in...

Dreamland joins David Bowie as design awards nominee

Coinslot Dreamland Margate
Dreamland Margate has been featured on a shortlist of nominees for the Design Museum’s Designs of the Year that includes the late David Bowie’s final album cover. The seaside amusement park, which re-opened last year following an 11-year campaign to revive it and an £18m restoration, has been nominated for an award in the architecture category. It joins a dazzling array...

Dreamland Margate to host auditions for Britain’s Got Talent

Coinslot Dreamland
Kent-based vintage theme park Dreamland has agreed a deal with the producers of Britain’s Got Talent to host the first pre-judge round of auditions on 10 September.   Britain’s Got Talent, one of the UK’s most popular reality TV series, will be heading to Dreamland Margate on 10 September to hold its next round of auditions. The team behind the hit television...

Dreamland sale looms as creditors given update

Coinslot Dreamland Sale
At a meeting of the amusement park’s creditors, Dreamland’s administrator revealed that the attraction will more than likely be put on the market when it can prove it is a going concern.   The administrator overseeing the Dreamland Margate amusement park have admitted it is likely to be sold in the medium to long term. Duff & Phelps was called in by...