Merlin records weak summer at UK theme parks after Smiler accident
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Burnley FC in the Community
£25,000 to £30,000 per annum
Burnley, UK
Leigh Sports Village
£18,950 - £22,302
Leigh Sports Village, Wigan, UK
star job
VOYA Products Ltd
Competitive
Europe
star job
Xercise4Less
Competitive
Rugby, UK
Actif Sport and Leisure
£19,312 Fixed Point (Pro-rata)
Carmarthen, Ammanford and Llanelli Leisure Centres, Carmarthenshire

Merlin records weak summer at UK theme parks after Smiler accident

Job opportunities
Sefton Council
Band D (scp 5-6 £19,321 - £19,698)
location: Sefton, Liverpool, UK
VOYA Products Ltd
Competitive
location: Europe
Leicester Grammar School
Competitive
location: Leicester, UK
more jobs

After suggesting that the rollercoaster crash that seriously injured four people in June could affect profits by up to £50m (US$77.6m, €70m), Alton Towers operator Merlin Entertainment has confirmed a notable slump after weak trade through the UK’s summer months.

“The trends we reported at the half year have continued throughout the summer,” said Merlin chief executive Nick Varney, reiterating the comments made in July. “Although difficult to assess at this stage, we continue to believe that there may be an ongoing adverse impact on the resort theme parks operating group profitability in 2016.”

Thanks to strong trade for Merlin’s Legoland theme parks in North America and Germany, group like-for-like sales for the 36 weeks ended 5 September were up 0.3 per cent. However, this still reflects a slow in growth which was up 2.8 per cent at the halfway point of 2015. A weak Euro also contributed to lost revenue at Merlin’s London attractions, which have high visitor numbers from the continent.

Despite its woes in the UK theme park sector, Merlin is predicting profit before tax to be “broadly in line” with 2014’s results, which came in at £249m (US$372.5m, €329.2m) for the year.

Merlin has made several investments into its UK theme parks this year, which helped to offset a drop in visitor number, including the launch of the Enchanted Village accommodation at Alton Towers, the Aztec hotel at Chessington World of Adventures and a new Lego “Friends” themed area at Legoland Windsor.

A report as a result of an inquiry into the Smiler incident is expected on 24 September.

Sign up for FREE ezines & magazines
After suggesting that the rollercoaster crash that seriously injured four people in June could affect profits by up to £50m (US$77.6m, €70m), Alton Towers operator Merlin Entertainment has confirmed a notable slump after weak trade through the UK’s summer months.
TAW,VAT
466588_21031.jpg

More News

1 - 15 of 43,103
20 Jan 2021
HCM editor, Liz Terry, has launched a Parliamentary Petition calling for gyms to be in the first wave of reopenings after the lockdown and for ... More
22 Jan 2021
The failure to tackle the UK's obesity crisis is down to successive governments being guilty of weak policy design, lack of effectiveness and botched implementation. ... More
22 Jan 2021
Les Mills has launched a new digital content solution to support health and fitness operators in engaging their members outside the four walls of their ... More
21 Jan 2021
Gymbox has entered the hospitality space with the signing of a deal to deliver in-room exercise sessions to guests staying at citizenM hotels around the ... More
21 Jan 2021
The Hong Kong government has revealed plans to provide the historic Ocean Park theme park with a further HK$2.8bn (US$361m, €298m, (£265m) worth of investment ... More
21 Jan 2021
Nuffield Health has launched a series of free, online classes focused on emotional wellbeing. The classes have been made available on the healthcare charity's digital ... More
Miha Bodytec GmbH
Miha Bodytec GmbH
20 Jan 2021
Resistance training is just as beneficial for men and women over the age of 50, a new study has found. Research by the University of ... More
19 Jan 2021
Fitness, sport and leisure sector professionals who have continued to deliver services to their communities throughout the pandemic are to be celebrated at industry networking ... More
19 Jan 2021
Design specialist BRC Imagination Arts (BRC) has been selected to design and produce the World Food Center Experience in Ede, the Netherlands. The attraction will ... More
19 Jan 2021
Broadcaster and natural historian, Sir David Attenborough, will front a new virtual app which will allow users to explore exotic plants and animals in their ... More
19 Jan 2021
A national survey has launched to chart the mental health of the fitness and physical activity workforce. Undertaken in partnership with CIMSPA, the survey will ... More
18 Jan 2021
One of England's highest ranking police officers has called on government ministers to clearly define the maximum distance people are allowed to travel to undertake ... More
TVS Sport Surfaces
TVS Sport Surfaces
17 Jan 2021
Virtuagym, a leading provider of fitness technology for gyms and trainers, has announced the launch of PRO+, a new solution that enables operators to generate ... More
15 Jan 2021
Fitness First has launched a new free digital fitness hub, offering users a wide range of virtual classes and training sessions. Called FitX Player, the ... More
15 Jan 2021
The Gym Group has brought in Rio Ferdinand and Wais Shaifta as non-executive directors, signalling a broadening of its remit, new horizons and an intention ... More
1 - 15 of 43,103
Technogym
Technogym