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NEWS
Ardent revenue plummets in wake of DreamWorld tragedy
POSTED 09 Feb 2017 . BY Tom Anstey
Four people died at DreamWorld in October when two rafts on the park’s Thunder River rapids ride collided
Ardent Leisure has seen revenue fall by more than half following a fatal accident at its Dreamworld theme park on Australia’s Gold Coast last year.

Four people died in October when two rafts on the park’s Thunder River rapids ride collided. The park reopened on 10 December.

For the month of January, Ardent says its theme park division recorded revenues of AU$6.97m (US$5.33m, €4.98m, £4.26m), a decline of 50.4 per cent on previous figures, which a year earlier was AU$14.05m (€10m, £8.59m).

“This represents a steady increase in visitation against December 2016 which recorded a reduction of 63.0 per cent in revenues,” said a company statement.

“This consistent increase in visitation was largely due to the reopening of eight of the Big 9 Thrill Rides.”

December’s records were even harsher after the park’s reopening, with revenue from 10 to 31 December down 63 per cent to AU$3.66m (€2.62m, £2.23m).

The accident has caused a ripple effect for Australia’s theme parks, with Warner Bros Movie World, Sea World and Wet ‘n’ Wild all reporting significant drops in attendance – roughly 12 per cent across all the parks in the Queensland region.
RELATED STORIES
  Focus on fun for Ardent Leisure after operator sells off health club arm


Ardent Leisure is planning significant investment in its entertainment ventures after offloading its health club business in a AU$260m (US$198.3m, €175.6m, £150m) deal to private equity house Quadrant.
  FEC and theme park successes boost profits in latest earnings report for Ardent Leisure


Australian operator Ardent Leisure, which owns Dreamworld and WhiteWater World, AMF Bowling centres and a growing US FEC division, has posted net profits of AU$22.6m (US$16m, €14.1m, £11.2m) driven mainly by its US ventures.
  Deborah Thomas named new CEO of Ardent Leisure


Former magazine editor Deborah Thomas has replaced Greg Shaw as CEO of the Ardent Leisure Group following Shaw’s decision to retire after nearly 13 years in the role.
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Jobs    News   Products   Magazine   Subscribe
NEWS
Ardent revenue plummets in wake of DreamWorld tragedy
POSTED 09 Feb 2017 . BY Tom Anstey
Four people died at DreamWorld in October when two rafts on the park’s Thunder River rapids ride collided
Ardent Leisure has seen revenue fall by more than half following a fatal accident at its Dreamworld theme park on Australia’s Gold Coast last year.

Four people died in October when two rafts on the park’s Thunder River rapids ride collided. The park reopened on 10 December.

For the month of January, Ardent says its theme park division recorded revenues of AU$6.97m (US$5.33m, €4.98m, £4.26m), a decline of 50.4 per cent on previous figures, which a year earlier was AU$14.05m (€10m, £8.59m).

“This represents a steady increase in visitation against December 2016 which recorded a reduction of 63.0 per cent in revenues,” said a company statement.

“This consistent increase in visitation was largely due to the reopening of eight of the Big 9 Thrill Rides.”

December’s records were even harsher after the park’s reopening, with revenue from 10 to 31 December down 63 per cent to AU$3.66m (€2.62m, £2.23m).

The accident has caused a ripple effect for Australia’s theme parks, with Warner Bros Movie World, Sea World and Wet ‘n’ Wild all reporting significant drops in attendance – roughly 12 per cent across all the parks in the Queensland region.
RELATED STORIES
Focus on fun for Ardent Leisure after operator sells off health club arm


Ardent Leisure is planning significant investment in its entertainment ventures after offloading its health club business in a AU$260m (US$198.3m, €175.6m, £150m) deal to private equity house Quadrant.
FEC and theme park successes boost profits in latest earnings report for Ardent Leisure


Australian operator Ardent Leisure, which owns Dreamworld and WhiteWater World, AMF Bowling centres and a growing US FEC division, has posted net profits of AU$22.6m (US$16m, €14.1m, £11.2m) driven mainly by its US ventures.
Deborah Thomas named new CEO of Ardent Leisure


Former magazine editor Deborah Thomas has replaced Greg Shaw as CEO of the Ardent Leisure Group following Shaw’s decision to retire after nearly 13 years in the role.
MORE NEWS
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
The Toverland theme park in the Netherlands has announced a €98m expansion programme that will add a resort, new attractions and staff facilities as it pursues plans to become a multi- day destination.
Butterfly sanctuary to host hot yoga during retreat at Jersey Zoo for Hotel de France
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COMPANY PROFILES
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [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
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

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ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

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