Chennai Wonderla will be India's Largest

Chennai Wonderla will be India's Largest

Wonderla Holidays has seen growth in footfalls in the festive period so far with an uptick in the average revenue per user (ARPU), the company's Managing Director, Arun K Chittilappilly told CNBC-TV18.
"There is a noticeable 3-5% growth in footfalls, accompanied by an upward trend in the ARPU up to 10-12%. This performance is clearly surpassing that of the previous year," he said.

With Christmas and New Year's coming up, he expects good growth for the rest of the year.
Chittilappilly also talked about the company's much-anticipated Odisha project. He said the Odisha amusement park is scheduled to open its doors to the public in September 2024 and the Chennai park will follow in September 2025.

He highlighted that the upcoming Chennai park is poised to be their largest venture to date.
Wonderla, the largest chain of amusement parks in India, has a market capitalisation of ₹5,259 crore. Owned and operated by Wonderla Holidays, the company is headquartered near Bidadi near Bengaluru, Karnataka. Wonderla's main competitors include Imagicaa, Della, Esselworld, and seven others in the amusement park industry.

The company is also in talks with the governments of Madhya Pradesh (MP), Uttar Pradesh (UP), Gujarat, Goa etc. One of these is also expected to come through in the next quarter or so.


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