Parques Reunidos

Palace Entertainment

Palace Entertainment was a subsidiary of Parques Reunidos based in Pittsburgh, Pennsylvania and is primarily involved in the operation of attractions in the United States.

Palace Entertainment was established in 1998, after the acquisition of four independently owned family entertainment companies. These four companies consisted of five brands: Camelot Parks, Palace Park, Boomers!, Grand Prix Race-O-Rama and Family Fun Center. In the early 2000s the company purchased various Water Parks and Family Entertainment Centers.

On February 27, 2006, it was announced that MidOcean Partners was to acquire Palace Entertainment. This transaction occurred in the second quarter 2006.

On August 24, 2007, MidOcean Partners sold Palace Entertainment to Parques Reunidos for $330 Million. This transaction took place in the third quarter of 2007.

Fernando Eiroa joined Palace Entertainment in 2007, serving as president and chief executive officer.

On December 11, 2007 Kennywood Entertainment Company entered an agreement to sell their Five Properties (Kennywood, Idlewild and Soak Zone, Sandcastle Waterpark, Lake Compounce and Story Land) to Palace Entertainment's parent company Parques Reunidos. By 2009 Palace had taken over operations of all five parks.

On November 12, 2010, Palace Entertainment announced the acquisition of Dutch Wonderland Family Amusement Park in Lancaster County, Pennsylvania, from Hershey Entertainment and Resorts Company.

On March 2, 2012, Palace Entertainment announced the acquisition of Noah's Ark Water Park in Wisconsin Dells, Wisconsin.

In 2014, Palace Entertainment acquired Miami Seaquarium in Key Biscayne, Florida.

Later that year Palace Entertainment sold 15 properties to the newly formed Apex Parks Group Including Big Kahuna's, 10 Boomers locations as well as an additional Family 4 Entertainment Centers. This was in an effort to move away from Family Entertainment Center operations for Palace Entertainment.

In March 2020, it was announced that Palace Entertainment would open a new corporate facility near the Kennywood property. This new facility will house 25 executives as well as their East Coast team.

In December 2021, Palace Entertainment acquired Adventureland in Altoona, Iowa.

In March 2025, Herschend announced it had reached an agreement to acquire all of Palace Entertainment's United States parks.

Amusement parks

Parques Reunidos currently operates 10 amusement park properties across two continents and eight countries.

Zoos, aquariums and nature parks

Parques Reunidos currently operates 10 zoos, aquariums and nature parks across one continents and five countries.

Water parks

Parques Reunidos currently operates 11 separately-gated water parks across two continents and seven countries.

Family Entertainment Centers

Parques Reunidos currently operates one family entertainment centers in the United Kingdom.

Lodging and other ventures

Cable cars

The company operates one cable car in Spain.

• Benalmádena

Former properties

References

• "Home". Candover. 2013-06-30. Retrieved 2013-10-23.
• "Info" (PDF). Archived from the original (PDF) on July 11, 2009. Retrieved October 13, 2009

References

1. "2008 Attraction Attendance Report". TEA/ERA.
2. DreamEast. (May 20, 2015). "DreamEast Signs Strategic Partnership Agreement With Palace Entertainment".
3. "Festival Fun Parks".
4. (2007-08-24). "MidOcean Partners Announces Sale Of Palace Entertainment To Parques Reunidos".
5. (12 December 2007). "Kennywood sold to Spanish company". Pittsburgh Post-Gazette.
6. (12 December 2007). "Compounce Changing Hands". Hartford Courant.
7. (2008-05-11). "New Chapter in Kennywood Entertainment History Announced".
8. Palicki, Martin. (12 November 2010). "Hershey Entertainment & Resorts Company Announces Sale of Dutch Wonderland to Palace Entertainment".
9. badams@madison.com {{!}} 608-252-6148 {{!}} @madnewsboy, BARRY ADAMS {{!}} Wisconsin State Journal {{!}}. (2 March 2012). "Noah's Ark sold to California company".
10. "California theme park company to buy Miami Seaquarium". Miami Herald.
11. (2014-09-19). "Palace Entertainment sells 14 entertainment centers and water park".
12. Goulding, Gage. (2020-03-07). "Kennywood's parent company opening corporate facility in Pittsburgh area".
13. Gregory, John. (2025-03-18). "Dollywood owner Herschend to buy over 20 U.S. properties from Parques Reunidos".
14. "BELGRANO & CO has advised the shareholders of Vogelpark Walsrode GmbH on the sale to Parques Reunidos S.A.".
15. "Parques Reunidos completes Wet'n'Wild Sydney acquisition - Australasian Leisure Management".
16. (21 May 2021). "¡Adiós Aquópolis, hola Guadalpark!".
17. (27 April 2019). "San Fernando de Henares says goodbye to Aquópolis forever".
18. (April 3, 2025). "COMPAGNIE DES ALPES ANNOUNCES THE ACQUISITION OF BELANTIS, ONE OF THE LARGEST AMUSEMENT PARKS IN EASTERN GERMANY".
19. (17 November 2008). "Medidas tardías de las instituciones tras la muerte de Álvaro Ussía". El País.
20. "L'OCEANOGRÀFIC".
21. (2024). "Antibes : Marineland annonce une fermeture définitive le 5 janvier 2025".
22. (17 December 2018). "PARQUES REUNIDOS OPENS "NICKELODEON ADVENTURE" MADRID AT INTU XANADÚ".
23. "Nickelodeon Adventure Madrid to Close on Sunday 8th September 2019".
24. (27 July 2017). "The Madrid City Council will recover the management of the cable car".
25. "Grupo Dolphin compra Aquarium de Mar del Plata".