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NEWS
SeaWorld announces poor Q1 results for 'transitional' 2016
POSTED 06 May 2016 . BY Tom Anstey
SeaWorld vowed to end orca breeding at its parks in March but CEO Joel Manby expects it to be years before it has a positive effect on the operator's finances
Despite making a number of positive moves to redefine itself as a park that cares and one that wants to create memorable experiences, SeaWorld suffered a disappointing first quarter, with CEO Joel Manby saying he expects the trend to continue through the year.

The positive for SeaWorld is the company did increase attendance in its park compared to the same period in 2015 by 2.6 percent - 3.3 million for the quarter. Despite this, the company posted a quarterly loss, of US$84m (€74m, £58m), an increase compared with the year earlier loss of US$43.6m (€38m, £30m).

Under much public pressure, SeaWorld said in March that it would stop breeding orcas and cease its theatrical shows, a dramatic shift but one that won’t be happening quickly as the company has 30 killer whales with a life expectancy as high as 50 years.

"Our March announcement to end all orca breeding and transition our theatrical shows toward more natural orca encounters, as well as our new partnership with the Humane Society of the United States, were transformational decisions that we expect should contribute to an improvement in performance over time, as consumers begin to recognise our continued commitment to providing them experiences that matter," said Joel Manby, who added that 2016 was a “transitional year” for the operator.

RELATED STORIES
  Former SeaWorld CEO Jim Atchison leaves company in board shakeup


SeaWorld Entertainment has announced the departure of former CEO Jim Atchison from the company’s board, also appointing two veteran theme park industry executives – Ron Bension and Donald Robinson – to roles at the head of the company.
  Analysts predict SeaWorld shares will jump more than 50 per cent in the next year


Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise as high in value as US$27 (€24, £19) in the next year.
  SeaWorld ending orca captivity at its parks


SeaWorld has announced that it is ending orca captivity at its parks.
  SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
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Uniting the world of spa & wellness
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Sign up here ▸
News   Products   Magazine   Subscribe
NEWS
SeaWorld announces poor Q1 results for 'transitional' 2016
POSTED 06 May 2016 . BY Tom Anstey
SeaWorld vowed to end orca breeding at its parks in March but CEO Joel Manby expects it to be years before it has a positive effect on the operator's finances
Despite making a number of positive moves to redefine itself as a park that cares and one that wants to create memorable experiences, SeaWorld suffered a disappointing first quarter, with CEO Joel Manby saying he expects the trend to continue through the year.

The positive for SeaWorld is the company did increase attendance in its park compared to the same period in 2015 by 2.6 percent - 3.3 million for the quarter. Despite this, the company posted a quarterly loss, of US$84m (€74m, £58m), an increase compared with the year earlier loss of US$43.6m (€38m, £30m).

Under much public pressure, SeaWorld said in March that it would stop breeding orcas and cease its theatrical shows, a dramatic shift but one that won’t be happening quickly as the company has 30 killer whales with a life expectancy as high as 50 years.

"Our March announcement to end all orca breeding and transition our theatrical shows toward more natural orca encounters, as well as our new partnership with the Humane Society of the United States, were transformational decisions that we expect should contribute to an improvement in performance over time, as consumers begin to recognise our continued commitment to providing them experiences that matter," said Joel Manby, who added that 2016 was a “transitional year” for the operator.

RELATED STORIES
Former SeaWorld CEO Jim Atchison leaves company in board shakeup


SeaWorld Entertainment has announced the departure of former CEO Jim Atchison from the company’s board, also appointing two veteran theme park industry executives – Ron Bension and Donald Robinson – to roles at the head of the company.
Analysts predict SeaWorld shares will jump more than 50 per cent in the next year


Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise as high in value as US$27 (€24, £19) in the next year.
SeaWorld ending orca captivity at its parks


SeaWorld has announced that it is ending orca captivity at its parks.
SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
MORE NEWS
Anna Bjurstam steps down from Six Senses to build new company Wahayla
Anna Bjurstam has left her role as Wellness Pioneer at Six Senses Hotels and Resorts and launched a new wellness, longevity and “consciousness consultancy” called Wahayla.
Fairmont Cheshire, The Mere, opens with spa philosophy of ‘Wellness without Walls’
Fairmont Cheshire, The Mere, has opened today (10 July) in the Northwest of England with a 1,715sq m Fairmont Spa that has been designed using a ‘Wellness without Walls’ concept.
'Minor wellness hotels' recorded the strongest growth across top KPIs in 2025, finds RLA Global
Wellness hotels generating less than US$1 million (€932,700, £785,200) – or 10 per cent of total revenue from wellness and leisure – recorded the strongest RevPAR and TRevPAR growth in 2025 across categories when compared with 2024, according to the latest Wellness Real Estate Report by RLA Global, produced in partnership with P and L benchmarking firm HotStats.
Lefay Resorts introduces emotional dance classes to offer experiences that foster connection
Lefay Resorts, the portfolio of two luxury wellness properties in Italy, has added emotional dance classes and group cold plunge sessions in response to market demand for social connection.
Robert Thurman: a life dedicated to enlightenment
Robert Thurman, an expert on Tibetan Buddhism and the spiritual director of Menla Retreat and Dewa Spa in Woodstock, has died, aged 84.
BBSpa Group to launch holistic bathhouse Atera in Glasgow
International spa, wellness and longevity consultancy, BBSpa, will launch a new bathhouse called Atera in Glasgow, Scotland, in September.
+ More news   
 
FEATURED SUPPLIERS

Elemis launches its first Red Light Mask, lighting the way to advanced skin health and restoration
Elemis has branched into LED skincare with the launch of its breakthrough Red Light Mask. [more...]

Zerobody Cryo: Starpool's contrast therapy solution
Contrast therapy, based on the alternation of hot and cold rituals, has become one of the most valued practices in the fields of wellness and recovery. [more...]
+ More featured suppliers  
COMPANY PROFILES
Living Earth Crafts

For over 50 years, LEC has been manufacturing award-winning spa equipment for the world’s finest spas [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
10-12 Sep 2026

ASEAN Patio Pool Spa Expo 2026

MITEC Kuala Lumpur,Malaysia, Malaysia
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS