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NEWS
Universal theme parks break US$1bn barrier in first quarter with staggering results
POSTED 29 Apr 2016 . BY Tom Anstey
Universal has smashed expectations with a staggering 57.5 per cent jump in theme park revenues
Prior to its acquisition of DreamWorks on 28 April, Comcast released its financial results for the first quarter of 2016, with its theme park division smashing expectations through a staggering 57.5 per cent jump in theme park revenues.

In Q1, Universal’s theme parks drew US$1.02bn (€901m, £701m) in revenue, up from US$651m (€575.3m, £447.3m) with operating cash flow for theme parks also jumping 53.6 per cent to US$375m (€331m, £257.7m), up from US$244m (€215.6m, £167.7m) in Q1 2015.

It’s been a busy period for Universal, with the opening of its new Harry Potter attraction at Universal Studios Hollywood and the acquisition of majority ownership of Universal Studios Japan, which the company acquired in late 2015.

Overall, Comcast reported a 5.3 per cent revenue increase to US$18.7bn (€16.5bn, £12.8bn) for the quarter, a rise from US$17.8bn (€15.7bn, £12.2bn) for the same period in 2015.

While Universal has been enjoying great success with its new attractions, the company is not resting on its laurels. During a conference call last year, Comcast promised one 'great attraction' a year at all Universal resorts, something it has so far lived up to with upcoming notable investments including Skull Island: The Reign of Kong for Islands of Adventure and its Volcano Bay waterpark in Orlando.

RELATED STORIES
  Comcast acquires DreamWorks as theme park giants battle for top IPs


With Comcast confirming the US$3.8bn (€3.4bn, £2.6bn) acquisition of DreamWorks, sources close to the deal say the move isn’t about acquiring its famous IPs to produce movies, rather to boost its theme park businesses and accelerate consumer products.
  Harry Potter’s magic spell yields Universal US$1bn in latest earnings report


The ongoing success of Harry Potter, in addition to Universal’s increased stake in Universal Studios Japan, has resulted in strong earnings of more than US$1bn (€896m, £683m) for parent company Comcast in its latest earnings report.
  Harry Potter drives attendance as Universal racks up record numbers for Q3


Universal has continued its theme park growth spearheaded by Harry Potter, with parent company Comcast reporting record attendance at its theme parks in Orlando and California.
  Comcast to purchase US$1.5bn majority stake in Universal Studios Japan


Comcast is set to make its largest purchase outside of the US when the entertainment conglomerate buys a majority stake in Universal Studios Japan for US$1.5bn (€1.3bn, £988m).
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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
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Uniting the world of spa & wellness
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News   Products   Magazine   Subscribe
NEWS
Universal theme parks break US$1bn barrier in first quarter with staggering results
POSTED 29 Apr 2016 . BY Tom Anstey
Universal has smashed expectations with a staggering 57.5 per cent jump in theme park revenues
Prior to its acquisition of DreamWorks on 28 April, Comcast released its financial results for the first quarter of 2016, with its theme park division smashing expectations through a staggering 57.5 per cent jump in theme park revenues.

In Q1, Universal’s theme parks drew US$1.02bn (€901m, £701m) in revenue, up from US$651m (€575.3m, £447.3m) with operating cash flow for theme parks also jumping 53.6 per cent to US$375m (€331m, £257.7m), up from US$244m (€215.6m, £167.7m) in Q1 2015.

It’s been a busy period for Universal, with the opening of its new Harry Potter attraction at Universal Studios Hollywood and the acquisition of majority ownership of Universal Studios Japan, which the company acquired in late 2015.

Overall, Comcast reported a 5.3 per cent revenue increase to US$18.7bn (€16.5bn, £12.8bn) for the quarter, a rise from US$17.8bn (€15.7bn, £12.2bn) for the same period in 2015.

While Universal has been enjoying great success with its new attractions, the company is not resting on its laurels. During a conference call last year, Comcast promised one 'great attraction' a year at all Universal resorts, something it has so far lived up to with upcoming notable investments including Skull Island: The Reign of Kong for Islands of Adventure and its Volcano Bay waterpark in Orlando.

RELATED STORIES
Comcast acquires DreamWorks as theme park giants battle for top IPs


With Comcast confirming the US$3.8bn (€3.4bn, £2.6bn) acquisition of DreamWorks, sources close to the deal say the move isn’t about acquiring its famous IPs to produce movies, rather to boost its theme park businesses and accelerate consumer products.
Harry Potter’s magic spell yields Universal US$1bn in latest earnings report


The ongoing success of Harry Potter, in addition to Universal’s increased stake in Universal Studios Japan, has resulted in strong earnings of more than US$1bn (€896m, £683m) for parent company Comcast in its latest earnings report.
Harry Potter drives attendance as Universal racks up record numbers for Q3


Universal has continued its theme park growth spearheaded by Harry Potter, with parent company Comcast reporting record attendance at its theme parks in Orlando and California.
Comcast to purchase US$1.5bn majority stake in Universal Studios Japan


Comcast is set to make its largest purchase outside of the US when the entertainment conglomerate buys a majority stake in Universal Studios Japan for US$1.5bn (€1.3bn, £988m).
MORE NEWS
Gran Hotel Taoro opens Sandára Wellness Centre
Gran Hotel Taoro in northern Tenerife, Spain, has completed the final phase of its three-year renovation with the debut of its Sandára Wellness Centre.
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.
+ More news   
 
FEATURED SUPPLIERS

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...]

MSpa Oslo series: a timeless bestseller
The MSpa Oslo series is a perennial bestseller in global markets. With innovative engineering and premium performance, this completely portable spa line-up is expertly designed to meet the needs of customers worldwide. [more...]
+ More featured suppliers  
COMPANY PROFILES
Knesko Skin

Known for their unique approach to wellness and beauty, Knesko’s products combine ancient healing tr [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