Elevate
Elevate
Elevate
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Exeter City Council
£40,221 - £42,403pa + pension + benefits
Exeter
University of Warwick
£29,605 - £32,982pa + pension + benefits
Coventry, West Midlands
Mount Batten Group
c£65,000pa + pension + benefits
mount batten centre, plymouth
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
Luton
Harrow School
£13.71 per hour
Harrow, London

SeaWorld bounce back continues with strong first half results

Job opportunities
Mount Batten Group
c£65,000pa + pension + benefits
location: mount batten centre, plymouth, United Kingdom
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
location: Luton, United Kingdom
more jobs
We are confident we will deliver the significantly improved financial results this company is capable of achieving

SeaWorld has reported further growth in visitor numbers and revenue in its Q2 and half-year results, with total revenue reaching US$626.6m (€559.43m, £514.5m) for the first six months of 2019.

The company said that refined pricing, marketing and communication strategies, a positive reception to new rides, attractions and events, and a favourable calendar shift that moved Easter back later in 2019, were all contributors to its improved attendance results.

In the first six months of the year, 9.8 million guests attended the firm's parks – up by 1.7 per cent on the first half of 2018 – giving it net income of US$15.6m (€13.93m, £12.81m) for the half-year, and Adjusted EBITDA of US$166.1m (€148.32m, £136.37m) – an increase of almost 34 per cent compared to 2018.

The second-quarter results showed improvements on visitor numbers, total revenue, net income and Adjusted EBITDA compared to Q2 2018, with net income, in particular, faring well, although its 132 per cent improvement on 2018 was partly affected by pre-tax expenses associated with separation-related costs and a legal settlement accrual in Q2 2018.

SeaWorld CEO Gus Antorcha has recently revealed further details about its failed China projects in which its majority shareholder Zhonghong Group, which had purchased 21 per cent of SeaWorld's stock, defaulted on loan payments.

Within its half-yearly figures, SeaWorld said it has repurchased around 5.6 million common stock shares during Q2 2019, and on 2 August its board approved an extension to this programme. The company now has US$250m (€223.27m, £205.25m) available for future share repurchases.

The company also revealed that during Q2 2019 it helped rescue more than 780 animals, helping it to surpass 35,000 total rescues over its history.

Antorcha said of the results: "While we are pleased with our second quarter and first six months results, we have the opportunity to do a lot better. We will continue to refine our pricing and marketing strategies to drive revenue, improve operating efficiencies and increase operating margins, and we are confident we will deliver the significantly improved financial results this company is capable of achieving."

Sign up for FREE ezines & magazines
SeaWorld has reported further growth in visitor numbers and revenue in its Q2 and half year results, with total revenue reaching US$626.6m (€559.43m, £514.5m) for the first six months of 2019.
TAW,VAT
imagesX/THUMB342670_758275_459874.jpg

More News

1 - 15 of 67,890
26 Apr 2024
While British adults are the most active they’ve been in a decade, health inequalities remain with the same groups missing out, according to Sport England’s ... More
25 Apr 2024
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property ... More
25 Apr 2024
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are ... More
24 Apr 2024
The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in 2023, surpassing the previous ... More
24 Apr 2024
Short-term incentives to exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity, according to new research. Researchers found ... More
24 Apr 2024
Spa and wellness veteran Shannon Malave has been named spa director at iconic US spa destination Mohonk Mountain House. Based in New York’s verdant Hudson ... More
23 Apr 2024
Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. ... More
23 Apr 2024
With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-end brand in the US and Europe. Cosmopolitan ... More
23 Apr 2024
PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to ... More
23 Apr 2024
The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in natural ... More
22 Apr 2024
The Sacred River Spa at Four Seasons Resort Bali at Sayan will reopen later this year with an all-new design plus enhanced treatments and experiences ... More
22 Apr 2024
Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press European Health & ... More
21 Apr 2024
Charitable trust, Mytime Active, has removed all single-use plastic overshoes from its swimming pools and leisure centres, as part of ongoing sustainability efforts. Across the ... More
21 Apr 2024
Community Leisure UK is helping the drive to Net Zero with the launch of a bespoke carbon literacy course. Offered in partnership with the Workers' ... More
20 Apr 2024
Operator Circadian Trust has launched a five-year growth drive designed to support health and wellbeing across South Gloucestershire, UK. The initiative will see a £2.4m ... More
1 - 15 of 67,890
Elevate
Elevate