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Local Name:
The London Resort
Former Name(s):
Paramount Park London
08 Oct 2012
Construction Start:
353 ha
  1. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
    Another new press release went out this week it looks like but with very little information on it that we haven't heard before.

    Humphrey Percy, group CEO of the project's parent company Kuwaiti European Holdings, said he is confident that plans will be approved and affordable.

    "We have the financial backing to take us all the way through that process," he added.

    The company is due to make an application for planning permission this year. If the Government approves the plans, the park could open in 2023.
    London Resort Company Holdings (LRCH), the group behind the theme park, has brought in a group of senior staff to push forward with the project.

    A new partner, Intercontinental Hotel Group, has been brought on board to operate the more than 3,500 hotel rooms on the site.

  2. Well they did say that they've got one more round of public consultations to go through before anything starts.

  3. So its now 2 months past the year end when they said a further announcement would be made and nothing forthcoming. So looks like its heading to the - good idea but no money pile like many other projects.

    Now Corvera airport in Spain is opening may be that project will come back to life on a smaller scale

  4. Well I'm going to wish them luck as this seems like a very good investment and looks like it could have big potential.

  5. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
    The new logo has been presented at meetings to potential investors and planning committees.

    Bosses have also said new supporters for rides at the theme park will be revealed before the end of the year.
    Developers claimed it was part of a new strategy for a broader mix of intellectual property for its rides and attractions, rather than having one studio name above the door. The plans have since suffered a further setback after its opening date was put back for a fourth time.
    People are just not convinced by this project and unless they get a big name backer soon this project will be dead.


  6. The former London Paramount theme park project has finally been renamed. It's called "The London Resort".

  7. Still cannot understand the business plan behind this project. A theme park was tried in Murcia Spain and failed with cheap land, 2,800 hours of sunshine per year with minimum average temperature 5C rising to 27C in Summer. compare to London 5C to 19C with 1,400 hours of sunshine per year.

    Location Murcia - southern Spain loads of beaches Malaga in the south and Alicante in the North brad new airport next door and part of the EU and cheap flights
    Location London - No beaches, the most congested air space in Europe, leaving the EU!!!

    I know London has a lot of visitors but truthfully what percentage of those will want to drag themselves to the Tilbury mud flat for a day out at a theme park when it will probably be raining.

    If Murcia couldn't make it work then London will struggle.

  8. An early concept for the area.

  9. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
    UK newspapers are still featuring press releases which link them with Paramount but there is nothing new in them. No different news or updated images etc.

    From August 3rd...

    We hear there have been some hurdles so far - have they been overcome?
    The project hit the headlines in February when chief executive David Testa resigned after Chinese investment firm SinoFortone raised doubts over their £100m pledge.
    But Humphrey Percy, group CEO of the project's parent company Kuwaiti European Holdings, said Testa's departure was "coincidental" and he has simply resigned to "go off and do other things"
    Mike Morrison has been hired as the new Chief Financial Officer and in the past has held senior positions at Morgan Stanley and WestLB AG.

  10. Christina is offline New User
    Join Date
    Jul 2017
    Hi Giwreh,

    The project does not appear to be feasible - from your perspective? This is interesting...

    So have you been working on the project from the beginning? If so would be great to hear more from you

    Quote Originally Posted by Giwreh View Post
    In december 2012, I analysed the proposal.
    Was very sceptic about market feasibility. (Not feasible, based on the market only)
    Since march 2013, I could analyse the proposal again, with business references.
    Feasibility was dead. In this second review : financial feasibility was dead born as well.
    Shared my analysis with several other IAAPA consultant members.
    There were 2 camps :
    - those who thought they could still earn some share of the dead-born kids development money,
    - and those who got a clear view of no-go as well.
    Opportunist money grabbing has aways existed. They do not care at all if a project gets born bankrupt.
    I still doubt that all concept designers have been paid...
    Anyway, feasibility on this project is negative. Since start. And that's it...

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