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http://www.villageroadshow.com.au/upload/Document/Phoenix%20Hawaii%20water%20park%20sale%20201113.pdf Although not mentioned in the release, Village had actually sold off Wet'n'Wild Hawaii to CNL just one year after they bought it. They held the lease to operate the park up until this year. It seems the investment in the completely new park at Las Vegas this year has worked (instead of buying and renovating smaller parks). The park sold out of season passes and obviously can weather the "mature" water park market in the US. The other interesting thing in the release was the ownership of the Wet'n'Wild brand in the US now lies with CNL. Provided CNL sticks with it long term, I guess this allows Village to remain with some sort of representation in the US. I'm thinking the recently acquired Soak City in Palm Springs (which is in need of a new name next year) will become the third Wet'n'Wild branded park owned by CNL. So with the international focus shifting to Asia, I wonder where outside of the Hainan parks we might see Village explore?