Madrid's Amusement Park Goes Out to Tender

The City Council seeks a new operator to modernize the iconic leisure venue, with special attention to preserving the 1927 carousel.

Main entrance of the Parque de Atracciones de Madrid with distinctive architecture and afternoon light.
IA

Main entrance of the Parque de Atracciones de Madrid with distinctive architecture and afternoon light.

The Madrid City Council will publish new tender documents for the Amusement Park concession in the coming weeks, seeking a new impetus and greater tourist competitiveness.

The Madrid City Council, through its mayor José Luis Martínez-Almeida, has announced the upcoming publication of new tender documents for the concession of the Parque de Atracciones de Madrid. The objective is to "give it a new boost and make it more competitive in order to increase its strength as a pole of tourist attraction and entertainment."
The current concession, held by Parques Reunidos since 1967, expires on October 5, 2035. The new tender will prioritize the bidder who presents the most advantageous proposal, with a strong emphasis on investment for modernization and the incorporation of new attractions. Investment will also be allocated to improving accessibility and energy-saving measures.
One of the particularities of the new concession is the special protection granted to the park's historic carousel, a 1927 piece of great architectural value and art deco style, which must be preserved and restored if necessary by the future concessionaire.
The venue, which opened its doors on May 15, 1969, has undergone five major renovations throughout its history, incorporating emblematic attractions and creating themed areas. It currently features over 30 attractions and receives around one million visitors annually, primarily families and young people.
The park's project dates back to 1966, with the approval of the tender specifications in December of that year. The initial concession was for 35 years, later extended several times, the last one until September 27, 2027, due to economic damages caused by the covid-19 pandemic.