Legend Siam to shut down next week

[snoop1130]

Legend Siam to shut down next week

By The Nation

 

 

Legend Siam, the Bt4-billion “cultural amusement park” in Pattaya that has drawn visitors from around the world since its opening at the end of 2018, will close next Tuesday (March 3).

 

Blaming the stalled economy and the Covid-19 virus’ effects on international tourism, operator Nusasiri Group Plc said on Thursday (February 27) that all staff of the landmark attraction would be laid off. 

 

But it held out hope that the park, where performers in period costume present scenes from Thai history and literature on flamboyantly lit and decorated stages, could reopen someday if conditions improve sufficiently. If so, it said, the staff would be rehired.

 

Foreign tourists had cancelled more trips to Thailand than expected, hurting Chonburi in particular, it said.

 

Source: https://www.nationthailand.com/news/30383024

 

-- © Copyright The Nation Thailand 2020-02-28

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[smedly]

interpretation 

 

marketed and pre-billed for the Chinese tour groups lead around like lemmings by the bus load are no more

 

western tourists have no interest in the price gouging waste of space - just like the floating market

[DrTuner]

Soon we'll be able to see the almost invisible Chinese fleecing routes they've built in and around Pattaya. Just look for derelict "attractions". No sympathy from me.

[ehs818]

Too many eggs put into one basket.

[RichardColeman]

15 hours ago, snoop1130 said:

 since its opening at the end of 2018, will close next Tuesday (March 3).

The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. 

 

 

 

 

[jaiyen]

Presume Fantasea in Phuket will be next. It was always planned to be turned into a casino so now would be a good time to close it down. However its gonna be a long wait till a casino will be built with no Chinese going to Phuket.  

[ross163103]

"Reap what you sow" comes to mind.

[Chicken George]

Be interesting to see TATs tourist figures next month?????

[mikebell]

Another one bites the dust.  Now how about stop building new condos?

[P Funk]

What about all those sailors on shore leave? Aren’t they going to all those fun attractions?

[manhood]

What is great in Pattaya now: easy to get around when you are driving: no tourbuses block the roads!!!!!!!!!!

[jacko45k]

2 hours ago, RichardColeman said:

The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. 

 

 

 

 

Exactly, a short sighted venture and an opportunity to blame something else.

[Bob12345]

21 hours ago, snoop1130 said:

where performers in period costume present scenes from Thai history and literature

They blame a lack of foreign tourists on their problems, but why would foreign tourists be interested in a theme park about thai history and literature?

 

It makes no sense, and the owners can probably agree by now.

[DannyCarlton]

21 hours ago, smedly said:

interpretation 

 

marketed and pre-billed for the Chinese tour groups lead around like lemmings by the bus load are no more

 

western tourists have no interest in the price gouging waste of space - just like the floating market

I have only ever seen Chinese tour groups going in there. Rediculous pricing makes it a no-no for most people.

 

I think Khan in Jomtien may have gone the same way.

[Cake Monster]

On 2/28/2020 at 5:39 PM, smedly said:

interpretation 

 

marketed and pre-billed for the Chinese tour groups lead around like lemmings by the bus load are no more

 

western tourists have no interest in the price gouging waste of space - just like the floating market

And all the other Gouging operations mostly situated along the Bypass Railway Line Road

[ChipButty]

I think a lot of these business will go down the pan in BKK offering upto 70% discount to watch a movie

[Don Mega]

hahahahahahahaha.

[Leaver]

On 2/29/2020 at 1:06 PM, RichardColeman said:

The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. 

 

 

 

 

Burnt investors, and unemployed staff.

 

More of the same to come. 

[Susco]

29 minutes ago, Leaver said:

On 2/29/2020 at 9:06 AM, RichardColeman said:

The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. 

 

 

 

 

Burnt investors, and unemployed staff.

 

More of the same to come. 

 

Fact is that it's only temporarily, and it will reopen when the COVID-19 scare has ceased, unless half of the Chinese population dies off of course.

 

Why would they stay open when their target public ( Chinese group tours) are not allowed to travel?

 

could reopen someday if conditions improve sufficiently. If so, it said, the staff would be rehired.

 

More of the same re openings to come, regardless of how much the Thai bashers dislike that.

Edited March 1, 2020 by Susco

[geriatrickid]

I genuinely have no sympathy for all these businesses  hurting now.  I do hope some of the hotels, taxis, limos restaurants etc, who gouged me over the years get a taste of a market correction.

[mok199]

As this Nation sinks the defiant Thai bhat seems to get stronger...

[ThaiBunny]

Just now, mok199 said:

As this Nation sinks the defiant Thai bhat seems to get stronger...

And as it's freely traded on the FX markets you have to wonder what they know

[Leaver]

7 hours ago, Susco said:

 

Fact is that it's only temporarily, and it will reopen when the COVID-19 scare has ceased, unless half of the Chinese population dies off of course.

 

Why would they stay open when their target public ( Chinese group tours) are not allowed to travel?

 

could reopen someday if conditions improve sufficiently. If so, it said, the staff would be rehired.

 

More of the same re openings to come, regardless of how much the Thai bashers dislike that.

Many thought the junta was temporary, and look what happened. 

 

Yes, it could reopen, long after investors have lost their money and sold it at a fire sale.

 

New staff will be recruited, the current staff will struggle to pay their bills NOW. 

 

It's not Thai bashing to discuss the perils of not diversifying your tourism market, and targeting just one nationality. 

[xylophone]

On 2/29/2020 at 9:18 AM, jaiyen said:

Presume Fantasea in Phuket will be next. It was always planned to be turned into a casino so now would be a good time to close it down. However its gonna be a long wait till a casino will be built with no Chinese going to Phuket.  

And just to add fuel to the fire.............. 

 

There is a firking great type of "theme park", covering many acres of ground (or should I say rai) off the dual carriageway on the way to Tesco Lotus in Phuket, which is underway at this moment in time.

 

Some ground was cleared about two years ago and now the building has started, so I'm not hopeful that this thing will ever really get off the ground, not just because of the virus scare, but because tourism spend has been suffering over the last couple of years (despite what TAT say) and of course the high baht has played its part.

 

It could well be added to the list of empty and almost empty buildings or failed enterprises which now increasingly form part of the landscape here.

 

I know this is a Pattaya thread, however I think the lack of planning, limited resources, corruption and reliance upon cheap tourism will come back to bite many areas in Thailand. 

[phetchy]

If you venture into an enterprise such as this, it is usually the case that optimism will overrule reality.  Any business venture must have a "worst case scenario" which should include unforeseen or unpredictable factors.  The ability to account for these factors is often the difference between success and failure.  Chinese and Korean tourists are now non earners, and Speed boats to Koh Lahn are finished. 

 

 

Edited March 1, 2020 by phetchy

[gk10002000]

I do not recall ever hearing of the place.

[DannyCarlton]

8 hours ago, phetchy said:

If you venture into an enterprise such as this, it is usually the case that optimism will overrule reality.  Any business venture must have a "worst case scenario" which should include unforeseen or unpredictable factors.  The ability to account for these factors is often the difference between success and failure.  Chinese and Korean tourists are now non earners, and Speed boats to Koh Lahn are finished. 

 

 

For now.

 

This isn't a permanent state. It will eventually blow over and the Chinese hoardes will return. When is anybody's guess, some say 3 months, I favour 9 months, but return they will.

 

Enjoy it whilst you can.

 

 

 

 

[gk10002000]

20 hours ago, mok199 said:

As this Nation sinks the defiant Thai bhat seems to get stronger...

give the dissent and riots a chance to get going, and I think you will see Thailand spiral down in popularity.  Being able to buy influence and bring bag money to get projects done gets very hard to do when things are shut down or disrupted