Friday, 04 March 2016 16:37

New Owner for Fantasy Island in Skegness

Fantasy Island has confirmed that the resort has been bought by international leisure group, Mellors Group. The news signals positive change for the theme park in Skegness, which had been placed into administration.

Mellors Group, who already own a leisure park in Dubai – coincidentally also called Fantasy Island – are responsible for popular events including London’s Hyde Park Winter Wonderland, Nottingham Winter Wonderland, Queen Elizabeth Olympic Park Beach, The Nottingham Beach and the siting of giant Observation wheels around the UK. They now intend to bring a lot of their family’s showmanship to the East Coast. The group is also familiar with caravan park operations within the UK, so brings vast and varied experience to the Skegness resort.

Fantasy Island is the home of over 25 rides and attractions including the iconic 167ft high inverted roller coaster The Odyssey and 150ft high looping roller coaster The Millennium

The group’s ownership of the 41-acre freehold property is expected to transform the current leisure offering, which already delivers record-breaking roller coasters and Europe’s largest seven-day market, as well as 340 static caravan pitches.

Key members of staff have remained in place throughout the administration period and have helped to guide Fantasy Island through this important transition. During that time, the site has been updated and refreshed, operations have been reviewed, new offers and facilities introduced and last holiday season saw an increase in visitors and turnover – proving that the British seaside, and Fantasy Island, still holds appeal for local residents and visitors from further afield.

It is a very exciting time for our company as we have seen strong growth in our events business throughout the region and abroad. We pride ourselves on delivering the highest standard of attractions and we have some interesting investment plans and new rides for Fantasy Island in the near future.James Mellors, Managing Director of the Mellors Group

We’re delighted to be able to make this announcement ahead of our 2016 opening weekend extravaganza on 12th March. It is testament to the hard work of everybody involved over the past 18 months and what we have been able to achieve with the support and understanding of the Administrators. Our joint efforts have proved that Fantasy Island is, and can continue to be, a successful and profitable resort. The added knowledge and support of Mellors Group provides long-term stability and we are confident that it will help to take Fantasy Island to the next level, to the benefit of the local economy through both jobs and tourismFantasy Island Director of Finance, Claire Draper

Fantasy Island is an important local leisure destination attracting up to 40,000 visitors a day in the high season. It is a significant contributor to the local economy and key local employer. I am therefore delighted that the team has successfully delivered a turnaround and sale. Our work has achieved the optimal outcome and secured a long-term future for Fantasy Island and the local economy.Administrator, Benjamin Wiles, of Duff & Phelps

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