Urban Air Adventure Park Announces 2019 Year In Results: Diverse And Robust
DALLAS, Jan. 15, 2020 /PRNewswire/ -- Urban Air Adventure Park, the world’s leader in active indoor family entertainment, announced today record performance in 2019 with over 30 million guests visiting a Park last year. Key components of a successful business model that generated robust and recurring cash flow for Urban Air franchisees included the launch of the Endless Play Membership Program, a first for the Family Entertainment industry. Over half of the company’s franchisees systemwide are reinvesting their earnings and opening additional Urban Air Parks leading to a record number of openings in 2019 with 54 new locations in the United States and Urban Air’s first signed agreement in Saudi Arabia.
“Our outstanding performance rounded out an extraordinary year of industry-leading growth and profitability,” said Michael Browning, President and CEO. “Our innovation, diversification and scale uniquely position us to continue taking share while delivering improved operating margins and driving growth in 2020.”
Here are some of the tremendous achievements that led to a banner year:
The company was founded in Southlake, Texas 10 years ago. Since then, Urban Air has grown exponentially, both nationwide and globally. Simply put – Urban Air Adventure Park has revolutionized the indoor entertainment industry. For more information please contact Carolyn McLean at (502) 409-1982 or email@example.com.
About Urban Air: Urban Air is the premier destination for family fun, featuring a variety of attractions for all ages. The Dallas-based entertainment company pioneered the Adventure Park concept and is the largest Adventure Park Operator in the world, with nearly 267 locations open and under development. Urban Air’s mission is to provide healthy, active entertainment for both children and adults. For more information on the company and franchising opportunities, please visit www.UrbanAirParks.com.
Contact: Carolyn McLean
View original content to download multimedia: http://www.prnewswire.com/news-releases/urban-air-adventure-park-announces-2019-year-in-results-diverse-and-robust-300987244.html
SOURCE Urban Air Adventure Park