Planet Coaster: Console Edition remains on track for a holiday 2020 release on current and next-gen platforms. Developer Frontier Developments has shared new information, though, specifically with regards to next-gen upgrades. Yes, players who purchase a copy on the PS4/Xbox One will receive free access to a PS5/Xbox Series X|S version.
However, it?s worth noting that digital versus physical purchases are imperative to the upgrade path. As such, those who buy a physical PS4 copy can simply insert the disc into their PS5 to access the upgraded version. All who purchase a digital version of Planet Coaster: Console Edition can download it on PS5 when the time comes.

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