The Business of Wave Pools | “Nobody’s delivering waves on tap for free.”
Seems like a wave pool is going in every week these days all around the world. Are people getting rich? What’s with the influx? Empire crunched some numbers to get to the bottom of the trend.
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The buzz around wave pools is louder than a swarm of mutant bumblebees right now. There’s Kelly Slater’s Surf Ranch, The Texan Flip Machine in Waco, Snowdonia in Wales, Wavegarden Spain, Occy’s Surf Lakes in development and more. Considering these wave parks could have huge impacts on what surfing looks like in the future, we’re running a series of articles to break down both the performance and business potential of the technology.
This first article is all about the business side of wave pools. How much does a wave pool cost, what developers need to think about when building one, and potential revenue streams (other than surfers paying to ride waves), plus more. If this is going to be a sustainable part of surfing, people are going to need to be able to turn a profit from it after all. Nobody’s delivering waves on tap for free. You have to go to the ocean for that.
So, the first big first question is…
What does it cost to build a Wave Pool?
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Click to EMPIRE AVE for the Business Behind Wave Pools
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