Rampaging experience
ADVENTURE World has announced the second stage in its five-year expansion plan with The Rampage, a new $1.8 million ride.
Adventure World general manager Andrew Sharry said the significant investment in the new ride was indicative of the owner’s willingness to invest in the business and provide the capital required to recapture lost market share.
The Rampage is the amusement park’s first new ride since the introduction of the Tunnel of Terror in 1997.
Market research suggests the Perth market has a certain fondness for Adventure World, however the park has failed to move forward or define a clear strategic direction.
Hailing from Brisbane, Australia’s amusement park capital, Mr Sharry is confident this summer season will be the busiest the park has experienced for many years.
“Adventure World has lacked strategic direction … the capital investment represents a new strategic strategy and we now have a five-year plan for developing the business,” he said.
The new ride, a 31-seat gondola that writhes and twists providing a “staggering mind and body experience”, is the most technically up to date of its kind in the world.
Adventure World general manager Andrew Sharry said the significant investment in the new ride was indicative of the owner’s willingness to invest in the business and provide the capital required to recapture lost market share.
The Rampage is the amusement park’s first new ride since the introduction of the Tunnel of Terror in 1997.
Market research suggests the Perth market has a certain fondness for Adventure World, however the park has failed to move forward or define a clear strategic direction.
Hailing from Brisbane, Australia’s amusement park capital, Mr Sharry is confident this summer season will be the busiest the park has experienced for many years.
“Adventure World has lacked strategic direction … the capital investment represents a new strategic strategy and we now have a five-year plan for developing the business,” he said.
The new ride, a 31-seat gondola that writhes and twists providing a “staggering mind and body experience”, is the most technically up to date of its kind in the world.
Students
6th | ![]() | Australian Institute of Management WA | 20,000 |
7th | ![]() | Murdoch University | 16,584 |
8th | ![]() | South Regional TAFE | 10,549 |
9th | ![]() | Central Regional TAFE | 9,064 |
10th | ![]() | The University of Notre Dame Australia | 6,708 |
46 tertiary education & training providers ranked by total number of students in WA
Number of Employees
Tertiary Education & Training Providers
7th | The University of Notre Dame Australia | 570 | |
8th | Electrical Group Training | NFP | |
9th | South Regional TAFE | 498 | |
10th | Central Regional TAFE | 336 | |
11th | Navitas | 300 |
BNiQ Disclaimer
Some of the information on ASX-listed public companies is sourced from Morningstar Australasia Pty Ltd (ABN: 95 090 665 544).
It is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
Add your comment