originally posted on 3/19/2025 12:22:00 PM
Herschend and Parques Reunidos have signed a definitive agreement under which Herschend will acquire all of Palace Entertainment’s U.S. entertainment properties from Parques Reunidos. This agreement represents a significant milestone for both organizations—supporting Herschend’s strategic expansion in family entertainment and hospitality while allowing Parques Reunidos to reinforce its strategic focus on its core European market.
Palace’s diverse portfolio of amusement parks, water parks, family entertainment centers, campgrounds and hotels includes notable properties such as Kennywood (West Mifflin, Pennsylvania), Dutch Wonderland (Lancaster, Pennsylvania) and Lake Compounce (Bristol, Connecticut). The last-mentioned is the oldest continuously operating amusement park in the United States.
#ACENewsNow