Water Slides offer a Great Return on Investment
From a financial stand point, a water slide serves three main functions:
First off, adding a water slide as an amenity to your facility can help differentiate your business from your competitors. For example, if you are a country club or fitness center such as a local YMCA or Yacht Club, offering a water slide can lead a potential member towards choosing your facility versus that of your competition. This is particularly true if you are trying to appeal to a broad range of ages and attract family memberships. Likewise, if you are a private developer and are trying to differentiate your community from others in the highly saturated housing market, you should also consider putting in a water slide as added value to your development, which is something prospective buyers may consider as a benefit not seen in other communities.
The second financial function a water slide has to offer is the potential to increase repeat business, turn-around ratio, and membership retention. If as the operator or owner of a facility, you are struggling trying to find a new attraction for your hotel, resort or private park, you have come to the right place. The thrill and fun attributes of a water slide can help you reduce the rate of membership cancellations as well as contribute to giving your guest or patrons another reason to choose your facility the next time they visit the area or look for pure entertainment. The Resort and Recreation magazine in its World Waterpark Issue stated that “Hotels with indoor waterparks continue to perform better than hotels without indoor waterparks–especially in a tough economy” (pg 11).
Last but not least, another financial benefit of a water slide is that it can be also installed indoors, which means it can be used year-round. For our customers in cold climate areas, having an indoor water slide can be the best way to bring back former customers and attract new patrons. Let Aquatic Technologies be your trusted partner with your next aquatic project.
As noted, a water slide has the potential to become an ROI Engine for your business. Please notice that the rate of return, risks, and benefits of adding a water slide to your facility widely vary across businesses and regions. Before investing in the purchase of a water slide, we encourage you to consult with a professional who is thoroughly familiar with your particular industry and geographic area. Only you and your advisor can determine if buying a water slide is right for you and your business.