The Experience Economist - Europe 2026 Focus on the UK

Major announced projects in the UK

pushing the sector towards a premium position. On the surface, the UK shows comparatively reasonable statistics: the average price has risen just 14 percent in ten years, well below the average of 53 percent across the other Western European markets reviewed. Moreover, pricing rose twice as fast as real GDP per capita, not ideal but significantly better than most Western European markets where the discrepancy ranged from 4 to 13 times (chart below). There are, however, two important caveats. Firstly, the slower price growth across UK parks has been driven in part by VAT relief and Merlin’s shift towards more moderate pricing and lower discounting (Merlin operates all UK’s major theme parks). Elsewhere across the attractions market the picture is more comparable with the rest of Europe.

The challenges The outlook is not without challenges. Many are common across Western Europe but particularly pronounced in the UK. Pricing & affordability We track changes in lead price (high season, adult gate price) for major theme parks. Across Europe, price increases have generally outpaced both inflation and real GDP per capita growth, indicating that theme parks have become less affordable and Across Europe, price increases have generally outpaced both inflation and real GDP per capita growth, indicating that theme parks have become less affordable and pushing the sector towards a premium position.

Published Target Attendance

Announced Content

Target Opening

Published Investment

Site size

Therme Manchester 11.5 ha

Late 2028

1.7m

£500m

Eden Project Morecambe 4.5 ha

Thermal spa, waterpark, health & fitness

Late 2028

500k

The UK government introduced a temporary VAT rate reduction (to 5 percent down from a regular rate of 20 percent) on admissions to children and family attractions and kids’ meals for the two peak summer months of 2026 (25 Jun – 1 Sep).

Great Wolf Lodge – 3 locations 11 ha, 19 ha, 19 ha

£100m

Gardens, biodome, immersive experience

2029/2030

500-600k per site

£200m each

Indoor waterpark with ~500 keys, indoor entertainment, dining

Puy du Fou UK, Bicester 58 ha

Increase in average lead price at major theme parks vs GDP per Capita over 2016-2026, local currency

Price Real GDP / capita Discrepancy

2029

60%

£600m

50%

13 shows, 4 villages, 350 keys, Conference

40%

x4

x8

x7

x4

30%

x6

x13

x4

20%

Rhydycar West

Universal Studios UK, Bedford 193 ha

Wake the Tiger – Absurd City, London

30 ha (of 223 ha site)

7,400 sqm

10%

x2

2030

2031

Oct 2026

£300m

8.1m in year 1

600,000k

0%

Denmark

UK

Germany

Sweden

France

Norway

Spain

Netherlands

UK’s longest indoor ski slope, indoor waterpark, adventure centre, accommodation, spa & dining

£5bn+ £1.3bn grant

5 immersive districts over 2 floors

Source: Individual attractions, Eurostat & LDP Database

Theme Park, 500 keys, RDE

8 THE EXPERIENCE ECONOMIST: EUROPE EDITION 2026 | © LDP

THE EXPERIENCE ECONOMIST: EUROPE EDITION 2026 | © LDP 9

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