The bigger Ferris wheels get, the more cash flows

Posted | Contributed by Jason Hammond

The London Eye Ferris wheel, inaugurated on Dec. 31, 1999, was only meant to stay a few years. But almost immediately, it was clear that the 443-foot Eye would be a keeper. Its success, in turn, has reinvigorated demand for Ferris wheels. Similar “observation wheels,” a name that has come back into vogue, have recently opened or are being built in Malaysia; Manchester, England; Singapore; and Melbourne, Australia, with others planned for Berlin, Dubai, Beijing and Orlando, Fla.

Read more from The New York Times.

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