United Parks & Resorts (PRKS) has announced its third-quarter financial results, showcasing steady revenue growth despite weather-related disruptions. While attendance was slightly down due to hurricane closures, the company saw record in-park spending, driven by strong guest engagement and innovative revenue strategies. The company remains optimistic about future growth, with new attractions and expanded pass offerings expected to drive further success.
Results for: Theme Parks
Disney is introducing a new premium Lightning Lane pass, costing families hundreds of dollars per park visit, which could significantly boost its revenue. This comes alongside an analyst’s prediction that the delayed Disney Adventure cruise ship launch could hurt their fiscal 2025 earnings.
Jim Cramer, host of ‘Mad Money,’ has expressed interest in acquiring more shares of Walt Disney Co. (DIS) if the stock price drops below $90. Cramer believes this would be a strategic opportunity to capitalize on a market downturn. While Disney’s theme park business has faced challenges, Cramer remains optimistic about the company’s future, particularly with potential Federal Reserve interest rate cuts.
Yas Island, a leading destination for family entertainment in the region, is offering a 30% discount on single-day, single-park tickets to its renowned theme parks from September 26 to 30. This is your chance to experience the thrill of Ferrari World, Yas Waterworld, Warner Bros. World, and SeaWorld at a discounted price.
Hurricane Helene Threatens Florida: Theme Parks Close, Flights Canceled, and Cities Brace for Impact
Hurricane Helene, now a Category 2 hurricane, is expected to make landfall in Florida’s Big Bend region. Theme parks like Disney World and Universal Orlando are closing, major airports are experiencing widespread flight cancellations, and cities like Tampa, Miami, Orlando, and Atlanta are preparing for severe weather. The storm’s impact is causing travel disruptions and safety measures across the Southeast.
The global theme park industry roared back to life in 2023, with a 23% increase in attendance, according to the TEA/AECOM Theme Index. Disney Experiences maintained its top spot, but the most impressive growth came from China’s Fantawild Group, which saw a staggering 111% increase in attendance, catapulting them to the No. 2 position.
Disney has announced a bold lineup of new attractions and lands at its theme parks, including expansions at Walt Disney World, Disneyland, and Disney’s Animal Kingdom. These expansions feature new lands based on popular franchises like Cars, Monsters Inc., and Marvel, as well as thrilling new rides and immersive experiences.
Disney has announced a wave of exciting new attractions and expansions across its theme parks, including immersive experiences inspired by popular franchises like Indiana Jones, Avatar, and Encanto. The company is also planning new cruise ships and themed lands, solidifying its position as a leader in entertainment and immersive experiences.
Dollywood has emerged as the undisputed champion of theme parks, dethroning Disney to claim the top spot in the National Amusement Park Historical Association’s (NAPHA) annual survey. The Tennessee-based park has charmed theme park enthusiasts with its exceptional guest experience and unwavering commitment to innovation. Dollywood’s triumph marks a significant milestone in the industry, as it becomes the first non-Disney park to secure the coveted title.
Action Park, once known as the most dangerous theme park ever, operated from 1978 to 1996. Despite being widely known for its unsafe and often deadly rides, it was a popular destination for thrill-seekers. Several incidents occurred at the park, including six fatal accidents, numerous injuries, and lawsuits. The park’s most infamous ride was the Alpine Slide, which was responsible for one of the fatalities. The park’s owner, Gene Mulvihill, was charged with criminal conspiracy and other offenses related to the creation of a fictitious insurance company. Despite the park’s closure in 1996, it has been the subject of nostalgic media, including documentaries, books, and podcasts.