atm10 Posted August 22, 2017 Share Posted August 22, 2017 I dont know, with continued additions to the ARK property of other attractions maybe not. They are expanding the zoo, have plans for a concert venue, more rides and kid attractions. Time will tell. Wasnt the same thing said of the Creation Museum? It's been open over 10 years now. Link to comment Share on other sites More sharing options...
BirdBrain Posted August 22, 2017 Share Posted August 22, 2017 I dont know, with continued additions to the ARK property of other attractions maybe not. They are expanding the zoo, have plans for a concert venue, more rides and kid attractions. Time will tell. The business plan for both the Creation Museum and the Ark are built upon a notion that they reside in the middle of their customer base. The larger issue may be that the customer base is a finite pool of potential. Yes, it's likely to see a steady stream of church groups visiting, likely a few others, but ultimately a fairly well defined target of customers, that is limited. Once the initial buzz subsides, this model has zero chance to grow without augmentation. I would doubt a concert venue increases that revenue potential very much. I'm predicting the LeSourdesville Lake South Link to comment Share on other sites More sharing options...
TAC Posted August 22, 2017 Share Posted August 22, 2017 Wasnt the same thing said of the Creation Museum? It's been open over 10 years now. That was expected to have half of the visitors the Freedom museum had projected. And it ended it being just the opposite. Link to comment Share on other sites More sharing options...
rjs4470 Posted August 22, 2017 Share Posted August 22, 2017 Are "millions" really flocking to see the Arc? They do a steady business from what i can gather...but millions? I also have the feeling this is going to be a "sinking" attraction after a few years. Kind of like an old amusement park some eccentric guy builds in some out of the way place, it stays popular enough for a few years, then business dries up to a trickle and the park closes only to become one of those creepy abandoned places people travel to and post on YouTube. Search YouTube for those, several of them out there. I wouldn't count on this failing. They were a client of mine (I do digital advertising) for several years, and these guys have an incredible draw, from an incredibly large area. Nearly 2/3 of the country is within a one day drive and they fill a niche with very few competitors. And they are just enough of a novelty, with enough other things going on, that they can draw from outside their typical customer base as well. They are very well run, and have solid marketing plans. The Creation Museum/Ark is not everyone's cup of tea. But that doesn't make them doomed for failure. Link to comment Share on other sites More sharing options...
TAC Posted August 22, 2017 Share Posted August 22, 2017 Are "millions" really flocking to see the Arc? They do a steady business from what i can gather...but millions? I also have the feeling this is going to be a "sinking" attraction after a few years. Kind of like an old amusement park some eccentric guy builds in some out of the way place, it stays popular enough for a few years, then business dries up to a trickle and the park closes only to become one of those creepy abandoned places people travel to and post on YouTube. Search YouTube for those, several of them out there. Ken Ham Pleased With 1.1 Million Ark Encounter Visitors, but Says Attendance Limited by Hotel Space Link to comment Share on other sites More sharing options...
plantmanky Posted August 22, 2017 Share Posted August 22, 2017 Ken Ham Pleased With 1.1 Million Ark Encounter Visitors, but Says Attendance Limited by Hotel Space Very True, thats why Dry Ridge hooked the deal to build 3 new hotels. Link to comment Share on other sites More sharing options...
lawildcat Posted August 22, 2017 Share Posted August 22, 2017 Why doesn't Ken Ham build some hotels? Link to comment Share on other sites More sharing options...
plantmanky Posted August 22, 2017 Share Posted August 22, 2017 Why doesn't Ken Ham build some hotels? Actually he tried to build them on ARK property, Williamstown wouldnt approve the zoning for it to happen. Link to comment Share on other sites More sharing options...
spindoc Posted August 22, 2017 Share Posted August 22, 2017 Great idea. He could build one and call it Jericho. See if the protesters can march around it 7 times in silence. A true test of wills. Link to comment Share on other sites More sharing options...
BigVMan23 Posted August 22, 2017 Share Posted August 22, 2017 Ken Ham Pleased With 1.1 Million Ark Encounter Visitors, but Says Attendance Limited by Hotel Space Kind of proves my point...1.1 million isn't "millions". Link to comment Share on other sites More sharing options...
The Professor Posted August 22, 2017 Share Posted August 22, 2017 The business plan for both the Creation Museum and the Ark are built upon a notion that they reside in the middle of their customer base. The larger issue may be that the customer base is a finite pool of potential. Yes, it's likely to see a steady stream of church groups visiting, likely a few others, but ultimately a fairly well defined target of customers, that is limited. Once the initial buzz subsides, this model has zero chance to grow without augmentation. I would doubt a concert venue increases that revenue potential very much. I'm predicting the LeSourdesville Lake South A friend of mine who is in his 70's told me last week that he has made two trips up there, one to the museum when it opened and one to the Ark. He said his church organized them but it didn't matter how many more they planned he wouldn't be part of it. Said he'd seen all he wanted. My guess is after the new wears off the excitement will wear thin as well. I mean, how many return customers can they expect to want to see the same thing over and over. Link to comment Share on other sites More sharing options...
littleluck55 Posted August 23, 2017 Share Posted August 23, 2017 Kind of proves my point...1.1 million isn't "millions". The article was talking about over years. It said they were expecting a million a year. So technicality, over a two year period, millions will have visited. Link to comment Share on other sites More sharing options...
Jim Schue Posted August 23, 2017 Share Posted August 23, 2017 The business plan for both the Creation Museum and the Ark are built upon a notion that they reside in the middle of their customer base. The larger issue may be that the customer base is a finite pool of potential. Yes, it's likely to see a steady stream of church groups visiting, likely a few others, but ultimately a fairly well defined target of customers, that is limited. Once the initial buzz subsides, this model has zero chance to grow without augmentation. I would doubt a concert venue increases that revenue potential very much. I'm predicting the LeSourdesville Lake South Especially since the music played there is almost certainly to be Christian Rock (gotta reach that young audience), and almost certainly to be atrociously bad. Link to comment Share on other sites More sharing options...
John Anthony Posted August 23, 2017 Share Posted August 23, 2017 They have a Nike outlet. Link to comment Share on other sites More sharing options...
SnottieDrippen Posted August 23, 2017 Share Posted August 23, 2017 They have a Nike outlet. *Had Not many communities could screw that up. Link to comment Share on other sites More sharing options...
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