Lo-Q extends deal with US water parks operator Palace Entertainment
Lo-Q has extended its contract with US water parks operator Palace Entertainment.
Lo-Q has extended its contract with US water parks operator Palace Entertainment.
The provider of virtual queuing systems for theme parks and major attractions said it has signed a three year deal to supply its services to two theme parks owned by Palace Entertainment.
California's largest water park Raging Waters, in San Dimas, will use Lo-Q's Q-bank technology - a waterproof radio frequency identification wristband that allows guests to queue virtually for slides without having to wait in line.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Branded as the H2Go Pass at water parks, Q-band users are notified when it's their turn to make their way to the front of the line using a separate entrance.
The Q-band product is also used at Splish Splash, another Palace Entertainment-owned water park located on Long Island.
The other attraction under the new agreement is Noah's Ark, the largest water park in the US. The park will start using Lo-Q's newly acquired Accesso online ticketing system Passport's eCommerce.
The suite allows online purchases of admission tickets, parking, meal vouchers, tours, merchandise, cabanas and birthday parties.
Chief Executive of Lo-Q, said: "I am delighted that we have extended our relationship with Palace Entertainment. Building on the success at Splish Splash, these agreements reinforce the benefits that the combined group offers and highlights the strong position that Lo-Q holds in the market.
"The recent acquisition of Accesso has helped us provide a one-stop shop for technology solutions to the leisure industry and enables us to deepen our relationships with leading park operators, such as Palace Entertainment."
Shares climbed 1.27% to 400.00p at 10:27 Monday.
RD
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Ofgem proposes new energy tariffs with low or no standing changes
Standing charges have invited public backlash as households battle high energy bills
By Katie Williams Published
-
Google shares bounce on Gemini 2.0 launch
Google has launched the latest version of its Gemini AI platform, and markets have responded positively. Is it time to buy Google shares?
By Dan McEvoy Published