Hong Kong Observation Wheel to reopen with HK$20 rides, down from HK$100
New tenant will partner with insurance giant to also build a wellness park at the site
The troubled Hong Kong Observation Wheel will reopen with rides priced at a fifth of the original cost at HK$20, according to its new operator, which announced a three-year tenancy on Wednesday.
The Entertainment Corp Ltd (TECL) said there would be discounts for the elderly, while children under the age of three would ride for free.
In a statement, the company said it was partnering with insurance giant AIA Group to operate the wheel and the date for an official opening ceremony would be announced in the coming weeks.
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“The wheel will be enhanced by an adjoining, newly created AIA Vitality Park, resulting in a unique destination for visitors to the Central Harbourfront,” TECL said in the statement.