Won’t Private Companies Just Claim all the Good Parks and Leave the Money Losers with the Government?

I won’t say that if offered the chance, private companies wouldn’t gladly skim off the cream of a public parks portfolio.  But all that means is that there is no substitute for public entities that embark on a privatization strategy to have a sensible procurement strategy.

In the case of our company, probably half of the parks we operate are money losers, even for us.  However, the government authorities who are our landlords have been smart enough to package these smaller or high-cost parks with ones that are financially more attractive.

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