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Trampoline park operator aims to triple regional presence

From its first venue in Dubai, Bounce will expand to seven countries by 2020

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Trampoline park and entertainment group Bounce Inc. is planning expansion across the Gulf. Having opened its first venue in Dubai, last few years have seen the company grow to now command 230,000 square feet of space across its seven venues, which includes its ladies-only destination in Saudi Arabia, and another spot at Dubai International Airport.

The company plans to triple the number of destinations by 2020, when it will be present in seven countries. In 2019, plans have been announced to open parks in Dubai, Beirut, and Muscat, while construction is ongoing at venues in Bahrain, Al Khobar, and a second location in Riyadh. Expansion into Africa and East Asia is also scheduled for a later date.

According to media reports, the company has announced annual revenue growth of over 35 percent, after focusing on the rapidly growing but underserved entertainment sector.

The company is also in the construction stage for two venues of Zero Latency concept – the world’s first free roam fully immersive virtual reality platform for the region.

 

Source

Dubai FDI