ALTOONA, Iowa — The Iowa relatives that has owned Adventureland Vacation resort in Altoona for approximately 50 decades is marketing its business to a U.S. subsidiary of an international amusement park corporation.
Palace Entertainment, an amusement park business in the United States, introduced Tuesday it is acquiring Adventureland Vacation resort, which contains Adventureland Park, Adventure Bay Waterpark, Adventureland Inn, Adventureland Campground, Spectators Sporting activities Bar & Grill and far more.
Adventureland Vacation resort was established by Iowan Jack Krantz in 1974 and has been run by Krantz’s sons and daughter considering that his dying 15 years back.
“For nearly fifty many years, our relatives has labored hard to bring superior times to individuals of all ages who appear to the park to make lifetime-extended reminiscences,” outgoing Adventureland Vacation resort CEO Michael Krantz reported in a statement. “Palace wishes to have these traditions ahead so upcoming generations can do the very same. That would make our father unbelievably delighted.”
Palace Entertainment is a subsidiary of Parques Reunidos, an intercontinental amusement park corporation dependent in Spain that owns additional than 60 sights throughout Europe, North The united states, the Center East and Australia. Palace Leisure operates 24 sights in 10 distinctive U.S. states.
“We are thrilled about including Adventureland into our portfolio,” Palace Amusement CEO John Reilly said in a assertion. “We specialize in parks and venues that produce ordeals to be relished in excess of a life span, from childhood to young adulthood to parenting and grandparenting.”
Reilly explained Palace Leisure strategies to incorporate eight new spouse and children rides at Adventureland Park in 2022, in addition two new attractions in 2023. Adventureland Park currently delivers much more than 100 rides and attractions.