Early bird
tickets
available now!
Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13784)           
UK only International

SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion

By Alice Davis    01 Mar 2016
Aerial view of the killer whale show stadium at SeaWorld, a marine life theme park in San Diego Bay, California / Shutterstock / f8grapher

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.

Manby also announced progress in SeaWorld’s global expansion plans, saying the company had “moved to the next phase of our international development strategy" and signed an MoU with a Middle Eastern partner.

SeaWorld Entertainments released its annual earnings report last week, showing revenues of US$1.37bn (€1.26bn, £986m) in 2015 - compared to US$1.38bn (€1.27bn, £994m) in 2014 - and park attendance of 22.47 million, compared to 22.40 million in 2014.

EBITDA income for last year was US$361.1m (€332.2m, £260m), compared to US$370.1m (€340.4m, £266m) the year before. Net income for 2015 was US$49.1m (€45.2m, £35.4m), slightly less than the US$49.9m (€45.9m, £35.9m) for the preceding year.

In the last quarter of last year, attendance and revenue also grew, though Q1 2016 has seen numbers weaken as bad weather deters visitors.

“These are continued indications that the business is stabilising,” said Manby. “Our near-term priorities remain clear: execute our strategy with a focus on operational excellence and deliver the consistent and sustainable financial performance expected of our great organisation.”

SeaWorld recently announced changes in leadership at the company, as well as two new rollercoasters in Florida, an aquarium-based submarine ride attraction at its park in San Diego and a new dolphin habitat and guest experience in Texas.

“Over the course of the year we will continue to focus on our simplified pricing plan and explore opportunities to further develop our resort strategy as we continue to implement the key components of our plan,” Manby said.

SeaWorld has been struggling to get back on an even keel since the release of the documentary film Blackfish, which catalogues alleged mistreatment of killer whales and the death of three people as a result. Manby, who was appointed CEO in March 2015, announced a long-term strategy last year to halt the decline of the company which, he said, was starting to work.

“I feel we have the right plan. We're executing the strategy we outlined in November with an intense focus on operational excellence and delivering the consistent and sustainable financial performance expected of our organisation,” he said.

The plan included making the SeaWorld brand about “experiences that matter”, providing guests with distinct and unique experiences, revenue growth, financial discipline and tackling brand issues.

seaworld  orca  marine  entertainment  blackfish  joel manby  dubai  middle east 
Sign up for FREE ezines
Related news
Sports jobs

Swim Teacher

Everyone Active
Salary: Competitive
Location: Gainsborough, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen, UK

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough, UK

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: £9.50 ph
Location: Gainsborough, UK

Activity and Wellbeing Manager

Everyone Active
Salary: Competitive
Location: Gainsborough, UK

Fitness Consultant Grade 3

University of Liverpool
Salary: £21,543 - £24,248 pa + Shift Allowance
Location: Liverpool, UK

Commercial Manager

Tormead School
Salary: up to £40,000pa + bonus + benefits package
Location: Guildford, UK

Receptionist

University of Liverpool
Salary: £21,543 - £23,699 pa (pro rata)
Location: Liverpool, UK

General Manager

Coach Gyms
Salary: £40,000pa basic + bonus + commission
Location: Leeds, UK
recruiting with sports management

General Manager

Tennis Swansea 365
Salary: £36,000 - £40,000pa + benefits
Location: Landore, Swansea, UK

Swim Teacher

Everyone Active
Salary: Competitive
Location: Middlesbrough, UK

Customer Service Advisor

Everyone Active
Salary: Competitive
Location: Middlesbrough, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Rickmansworth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Watford, UK
Swimming Teacher jobs  duty manager jobs  Team Leader jobs  Swim Manager jobs  general manager jobs  recreation assistant jobs 
More jobs

Company profile

Company profile: Everyone Active
Everyone Active's aim is to get communities active, engaged and entertained through our wide-ranging activities and services that include, sports, coaching, culture, events, health and happiness. We manage a vast range of indoor and outdoor facilities including swimming pools, spas, sports halls, squash courts, studios, fitness suites, climbing walls, cafes, golf courses, athletics stadia and sports pitches.
View full profile >
More company profiles

Featured Supplier

Developing tomorrow’s champions: BLK BOX and Cardiff Met’s Archers Performance Centre
The BLK BOX team is thrilled to unveil its design and construction work on the brand-new Cardiff Metropolitan University's Archers Performance Centre.
View full details >
More featured suppliers

Property & Tenders

Location: Jersey
Company: Jersey War Tunnels
Location: Chiswick, Gillingham, York and Nottingham
Company: Savills
Location: Cleveland Lakes, Wiltshire and Gloucestershire
Company: Cotswold Lakes Trust
Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
More properties & tenders

Diary dates

03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
20-22 Sep 2024
Locations worldwide,
More diary dates