City council will open competitive bidding for the Parque de Atracciones de Madrid concession, ending six decades under a single operator, with the new contract running to October 2035.
Madrid City Council will publish tender documents in the coming weeks for a new concession to operate the Parque de Atracciones de Madrid, ending almost 60 years of continuous management by Parques Reunidos. Mayor José Luis Martínez-Almeida announced the move on 30 June 2026 during the city’s annual State of the City debate. The new contract will run for eight years, with no option to extend, expiring on 5 October 2035.
The current concession dates to 1967, when the council first awarded rights to build and operate the park in Casa de Campo. Parques Reunidos has held the contract without interruption since the park opened on 15 May 1969. The existing agreement, extended in 2023 to compensate for pandemic-related losses, expires definitively on 27 September 2027.
Tender documents will require the winning bidder to fund modernisation and new attractions, with the council stating that no costs will fall to the municipality. Bidders must also commit to accessibility improvements and energy efficiency measures. The council will award the contract to whichever bidder submits what it judges the most advantageous proposal under criteria set out in the tender documents.
A specific clause will require the future operator to preserve and, if necessary, restore the park’s historic carousel. Hand-built by French craftsmen in 1927 and acquired by the park in 1968, the wooden Art Deco carousel is regarded as one of the site’s most valuable heritage assets, housed beneath a protective timber pergola.
Parque de Atracciones de Madrid currently operates more than 30 attractions across 20 hectares and receives around one million visitors a year, drawn mainly from local families with children aged six to twelve and teenagers aged fourteen to eighteen. The park has undergone five major redevelopments since opening, including the addition of Nickelodeon Land in 2014.
Parques Reunidos, headquartered in Madrid, also operates Parque Warner Madrid and a broader international portfolio of theme and water parks. The company has not yet issued a public statement on whether it intends to bid for the renewed concession.
Image: Parque de Atracciones
