- Aug 18, 2017
- 5,187
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I'd put my money on SeaWorld having the best new ride for 2018.
They definitely had the best new ride for 2016.
I'd put my money on SeaWorld having the best new ride for 2018.
I think the concern inside SW should be about the Busch Gardens parks and SWSD.Heard today that the numbers for both SeaWorld and Aquatica have been really good. Aquatica actually set attendance records in February with the hot weather. The feeling is that the park (and the company as a whole) have started to turn a corner and recover. Of course this comes just a little too late for Manby...
They have the best new ride every year. Sea World or Disney.I'd put my money on SeaWorld having the best new ride for 2018.
They definitely had the best new ride for 2016.
SWSD's numbers in 2017 were 3.1 million and down significantly from 2015 and 2016 numbers around 3.6 million. That park needs stabilization or at some point, it'll have to be cut loose.
Yeah, expectations for all of SW are for a 5-6% year-over-year rise in 1st quarter revenue. That'd be a big boost and might signal the end of the issues at the SW parks, if that pace is sustained, it'd be a huge deal.The company said in its latest report that San Diego attendance had rebounded significantly at the start of 2018 after a challenging year in 2017
I would totally get a Busch Gardens pass if they gave me a reason to...Shuttering things and decreasing areas that made them great is not the answerI think the concern inside SW should be about the Busch Gardens parks and SWSD.
SWSD's numbers in 2017 were 3.1 million and down significantly from 2015 and 2016 numbers around 3.6 million. That park needs stabilization or at some point, it'll have to be cut loose.
The Busch Gardens parks had been a source of strength through the Blackfish-related attendance declines, but those parks have likely experienced attendance declines in the past 2-3 years. Based on a variety of articles I've seen on the subject, declines in annual passholders appear to be the biggest problem for those two.
SWSA is probably the strongest park in the group; that one appears to have completely healthy attendance/financials. Significantly less regional competition + markets that weren't affected much by the Blackfish issue.
Snapshot of Q1 results, proves the delusion of many on enthusiast forums :grin:
-Attendance up by nearly 15% to 3.22 million.
-Annual Pass sales up 10%
-In park spending up 6.4%
-Revenues of $217 million compared to $186 million in the first quarter of 2017
Because most investors just like seeing positive numbers, with or without proper context.Even if that is the case, the stock market is reacting favorably. SWP&E stock is up about 10% right now and is one of the few winners on the market today.
It is true. The revenue increases directly correlate to an increase in annual pass holders. IMO, while it is a significant increase, the amount that the stock increased in value is greater than the parallel increase in annual pass holders. As I said before, it would be up either way. It’s just higher than what it should be.^That's untrue, a great deal of context is involved with theme park companies on the stock market. That's why SEAS stock went down a few years ago on a positive earnings report that was only due to a shift in Easter.
Also, metrics such as annual pass sales being up 10% and in park revenue being up over 6% are not affected by any shifts.