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NEWS
Universal theme parks continue to impress for Comcast in Q1 earnings report
POSTED 27 Apr 2017 . BY Tom Anstey
Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016 Credit: shutterstock.com
Universal’s theme parks continue to act a growth driver for parent company Comcast, after the company recorded revenue increases of 9 per cent to US$1.1bn (€1bn, £853m) in the first quarter of 2017.

For the quarter, Universal’s theme parks drew a profit of US$397m (€364m, £307.8m) – a 6.1 per cent increase on last year’s figures.

Continued growth in the company’s theme park business thanks to continued investment and the 100 per cent purchase of Universal Studios Japan in late 2015 gave strength to the rise, which is particularly impressive considering the spring break period – which traditionally falls in the first quarter – fell outside of the first three months of the year.

Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016, thanks in large part to the addition of Harry Potter attractions at Universal attractions, which have been a huge draw for visitors.

The parks division was so successful in 2016 that it contributed more profit to the company than Universal’s film and broadcast unit.

As part of its investment programme, Universal is currently planning to create Nintendo attractions starting at Universal Japan, while the debut of Volcano Bay in Orlando is also imminent, with an opening date set for next month.

Last year the company broke ground on its US$7.4bn (€6.9bn £5.9bn) Chinese venture – its largest ever theme park project.
RELATED STORIES
  Universal Japan records third record-breaking year in a row


Universal Studios Japan welcomed almost 15m visitors last year, an increase of 700,000 on the previous year.
  Merlin could pull plug on Shrek’s Adventure roll out


It’s almost a year since Universal’s parent company Comcast acquired DreamWorks, and now Merlin Entertainments boss Nick Varney has to decide what to do with its Shrek’s Adventure midway.
  Mark Woodbury named vice chair of Universal's parks and resorts division


Universal Studios has named Mark Woodbury to the newly created role of vice chair of Parks and Resorts, with Woodbury also continuing to serve in his existing role as president of Universal Creative.
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HCM Invest opens applications for pitching slots
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Synergy – The Retreat Show invites consumer and industry perspectives on retreats for research
Synergy – The Retreat Show, the global trade show for retreats, has launched a global research initiative that will provide insights into the retreat sector from both consumer and industry perspectives.
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Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Products   Magazine   Subscribe
NEWS
Universal theme parks continue to impress for Comcast in Q1 earnings report
POSTED 27 Apr 2017 . BY Tom Anstey
Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016 Credit: shutterstock.com
Universal’s theme parks continue to act a growth driver for parent company Comcast, after the company recorded revenue increases of 9 per cent to US$1.1bn (€1bn, £853m) in the first quarter of 2017.

For the quarter, Universal’s theme parks drew a profit of US$397m (€364m, £307.8m) – a 6.1 per cent increase on last year’s figures.

Continued growth in the company’s theme park business thanks to continued investment and the 100 per cent purchase of Universal Studios Japan in late 2015 gave strength to the rise, which is particularly impressive considering the spring break period – which traditionally falls in the first quarter – fell outside of the first three months of the year.

Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016, thanks in large part to the addition of Harry Potter attractions at Universal attractions, which have been a huge draw for visitors.

The parks division was so successful in 2016 that it contributed more profit to the company than Universal’s film and broadcast unit.

As part of its investment programme, Universal is currently planning to create Nintendo attractions starting at Universal Japan, while the debut of Volcano Bay in Orlando is also imminent, with an opening date set for next month.

Last year the company broke ground on its US$7.4bn (€6.9bn £5.9bn) Chinese venture – its largest ever theme park project.
RELATED STORIES
Universal Japan records third record-breaking year in a row


Universal Studios Japan welcomed almost 15m visitors last year, an increase of 700,000 on the previous year.
Merlin could pull plug on Shrek’s Adventure roll out


It’s almost a year since Universal’s parent company Comcast acquired DreamWorks, and now Merlin Entertainments boss Nick Varney has to decide what to do with its Shrek’s Adventure midway.
Mark Woodbury named vice chair of Universal's parks and resorts division


Universal Studios has named Mark Woodbury to the newly created role of vice chair of Parks and Resorts, with Woodbury also continuing to serve in his existing role as president of Universal Creative.
MORE NEWS
Franchise expert Carrie Walsh joins Hand and Stone Massage and Facial Spa as CEO
Hand and Stone Massage and Facial Spa, the spa business with more than 650 locations across the US and Canada, has appointed franchise expert Carrie Walsh as CEO as the company plans to expand.
HCM Invest opens applications for pitching slots
The inaugural HCM Invest event has opened applications for pitching slots ahead of its launch in London on 21 October 2026.
Synergy – The Retreat Show invites consumer and industry perspectives on retreats for research
Synergy – The Retreat Show, the global trade show for retreats, has launched a global research initiative that will provide insights into the retreat sector from both consumer and industry perspectives.
Turkey is crowned the best massage nation at world championship
Turkey came first at this year’s World Championship in Massage between 3-5 July in Copenhagen, Denmark.
The Wellness Tourism Association publishes industry framework for ethical and responsible retreats
The Wellness Tourism Association (WTA) has published a non-regulatory global industry framework designed to ensure the retreat market offers responsible experiences.
One in three spa practitioners have considered leaving the industry due to concerns about their own wellbeing
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FEATURED SUPPLIERS

Embrace the chill: TechnoAlpin's Snowsky revolutionises post-fitness recovery with falling snow
In the fast-paced world of fitness and wellness, where high-intensity workouts push us to our limits and the sweat pours, the importance of efficient recovery cannot be overstated. [more...]

HPO Tech brings design-led hyperbaric systems to the spa floor
Hyperbaric oxygen therapy has moved well beyond the clinic and spa operators represent the fastest-growing market for the technology. [more...]
+ More featured suppliers  
COMPANY PROFILES
Fenix Group srl

Founded in Italy by Gianluca Cavalletti, Fenix Group introduced Endospheres with the aim of redefini [more...]
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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

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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