Universal revenue up as theme parks record earnings increase
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Circadian Leisure Trust
Competitive
Bradley Stoke, Bristol, UK
The Londoner
£30,000 pa
Central London, London, UK
Oxford Castle
£18,000 per year
Oxford, UK
PureGym
100% of your PT earnings
Nationwide, United Kingdom
truGym
Competitive
Nationwide, United Kingdom

Universal revenue up as theme parks record earnings increase

Job opportunities
Legoland Discovery Centre
Competitive Salary
location: Somerville, MA, USA
Oxford Castle
£18,000 per year
location: Oxford, UK
more jobs
Looking ahead, in 2020 we are leaning into exciting opportunities, including the debuting Super Nintendo World at Universal Studios Japan

Revenue at Universal's theme parks has risen significantly in 2019, with year-end results showing 4.4 per cent to US$5.9bn (€5.3bn, £4.5bn).

Up from US$5.7bn (€5.1bn, £4.3bn) in 2018, the results reflect increases in guest spending and higher attendance at Universal's parks. Revenue increases were however offset by higher operating expenses, with adjusted EBITDA of US$2.5bn (€2.25bn, £1.9bn).

Revenue for the quarter was also up for Universal's theme parks division, rising 3.2 per cent to US$1.56bn (€1.41bn, £1.19bn) in 2019. Adjusted EBITDA decreased however by 4.5 per cent to US$636m, with the higher revenue affected by higher operating expenses.

“Looking ahead, in 2020 we are leaning into exciting opportunities, including the debuting Super Nintendo World at Universal Studios Japan,” said Brian Roberts, chair of Universal's parent company, Comcast. “We delivered strong operational and financial results in the fourth quarter, capping another great year for Comcast."

Overall, Comcast recorded an earnings increase of 13.6 per cent – US$34.2bn (€30.1bn, £26bn), with revenues of US$108.94bn (€98.44bn, £83.1bn) for 2019.

Sign up for FREE ezines & magazines
Revenue at Universal's theme parks has risen significantly in 2019, with year-end results showing 4.4 per cent to US$5.9bn (€5.3bn, £4.5bn).
VAT
imagesX/THUMB344392_699249_384990.jpg

More News

1 - 15 of 42,471
20 Feb 2020
ukactive has launched two major new reports as part of its Business Intelligence service. The first product is a new series of quarterly business reports ... More
20 Feb 2020
The annual Sweat event kicks off in London today (20 February), offering the UK's fitness industry a platform to discuss the future trends within the ... More
20 Feb 2020
Boutique boxing gym brand BXR London has revealed plans to open its second site at Battersea Power Station. Set to open in 2021, the 14,000sq ... More
19 Feb 2020
Spa operator, Champneys, has come to an out of court agreement with West Sussex County Council in the UK, in relation to charges brought against ... More
19 Feb 2020
The government's post-Brexit plans to stop "low-skilled workers" from entering the UK has been described as "disastrous for the hospitality sector". The Home Office has ... More
19 Feb 2020
National governing bodies of sport (NGBs) have reported a rise in commercial revenue during 2019 – indicating a potential resurgence in corporate sponsorship. According to ... More
Alliance Leisure
Alliance Leisure
18 Feb 2020
A new museum, dedicated to the smaller craft used by the Royal Navy in both world wars, is set to open in Gosport, Hampshire, in ... More
18 Feb 2020
Rising workplace stress among employees has led companies to increase their investment in incentives as rewards – with wearable fitness gadgets among the most popular ... More
18 Feb 2020
David Lloyd Leisure is facing prosecution by Leeds Council over alleged health and safety breaches, following the death of a three-year-old boy in 2018. Rocco ... More
17 Feb 2020
Millwall FC has revealed designs by AFL Architects for the proposed redevelopment of its stadium, The Den, to make it "fit for Premier League football". ... More
17 Feb 2020
Taking part in regular aerobic exercise could decrease the likelihood of developing Alzheimer's disease in adults who are at higher risk of generating the illness. ... More
17 Feb 2020
A self-help studio marketing itself as a "first-of-its-kind self-development wellness space" will open in the heart of London in March 2020. The House of Wisdom ... More
Focus Training
Focus Training
14 Feb 2020
A report outlining membership habits and retention in the fitness sector will be released at the Sweat 2020 event next week. The Member Choice report ... More
14 Feb 2020
Premier League giants Manchester United have tabled plans to create a safe-standing area at its Old Trafford stadium. The club has made an application to ... More
14 Feb 2020
West Craven Sports Centre in Barnoldswick, Lancashire, has introduced dementia-friendly swimming sessions. The joint initiative, between Pendle Leisure Trust and Dementia Positive Pendle, aims to ... More
MyZone
MyZone
1 - 15 of 42,471