The Leisure Media Company Ltd
The Leisure Media Company Ltd
The Leisure Media Company Ltd
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
Luton
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford
University of Warwick
£29,605 - £32,982pa + pension + benefits
Coventry, West Midlands
Uppingham School
£24,687.57pa + pension + health care + benefits
Uppingham, Rutland
Harrow School
£13.71 per hour
Harrow, London

Six Flags reports record results for ninth consecutive year

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
Our exceptional operating performance in Q4 demonstrates the strength of our pricing power

Thirty-two million guests passed through the gates of a Six Flags theme park in 2018, helping to give the company record revenue figures for the ninth consecutive year.

The theme park operator reported an increase of US$105m (€92.79m, £81.27m) in revenue for the year, to reach US$1.5bn (€1.33, £1.16bn). It said the revenue growth was primarily driven by a 5 per cent increase in attendance, a 2 per cent increase in per capita spending, and a 7 per cent increase in sponsorship, international agreements and accommodations revenue. The per capita increase was assisted by changes in pricing for admissions and sales of memberships with premium tiers, said Six Flags.

Six Flags' expansion programme, which saw five parks in the domestic market acquired in 2018, also continued strongly. Adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the year was US$554m (€490m, £429m) – up 7 per cent on 2017.

In Q4 2018, revenue grew by US$13m (€11.49m, £10.06m) to US$270m (€239m, £209m), a 5 per cent improvement on the same quarter 2017, while the guest spending per capita for the quarter increased by US$2.35 (€2.08, £1.82), most of which was realised through increased admissions per capita (US$1.74) rather than in-park spending per capita (US$0.61).

There was an unfavourable revenue adjustment of US$15m (€13.26m, £11.61m) in Q4 2018, as a result of delays in the expected opening dates of some of Six Flags’ parks in China, caused, it said, by “a challenging macroeconomic environment”.

Speaking of his pride upon recording a ninth consecutive year of record results, chair, president and chief executive officer Jim Reid-Anderson commented: "Our exceptional operating performance in the fourth quarter demonstrates the strength of our pricing power, membership strategy, and in-park spending programmes, all of which, together with our domestic and international park expansion initiatives, will provide a strong platform for growth for many years to come."

Sign up for FREE ezines & magazines
Thirty-two million guests passed through the gates of a Six Flags theme park in 2018, helping to give the company record revenue figures for the ninth consecutive year.
TAW,VAT
imagesX/THUMB340839_206095_304219.jpg

More News

1 - 15 of 67,892
27 Apr 2024
As part of its drive to become carbon neutral by 2030 and carbon positive by 2032, Dutch theme park Efteling has announced plans to convert ... More
26 Apr 2024
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. ... More
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
1 - 15 of 67,892
The Leisure Media Company Ltd
The Leisure Media Company Ltd