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NEWS
Universal Japan and Hollywood's Wizarding World drive Q3 revenues up 60 per cent
POSTED 26 Oct 2016 . BY Tom Anstey
Since its acquisition of Universal Japan, the company has enjoyed a very strong year, with overall growth of 55.2 per cent
Universal has once again recorded strong performances in its latest earning report, with theme park revenues increasing 60.6 per cent to US$1.44bn (€1.31bn, £1.18bn) in the third quarter of 2016.

Primarily reflecting the inclusion of Universal Studios Japan following its majority acquisition last year and the continuing success of the new Wizarding World of Harry Potter attraction at Universal Hollywood, Universal’s theme parks income continues to mushroom in 2016.

As a result operating profit increased significantly, up 62.4 per cent to US$706m (€645m, £577m) for the quarter.

Since its acquisition of Universal Japan, the company has enjoyed a very strong year, with overall growth of 55.2 per cent to US$3.6bn (€3.3bn, £2.9bn) for revenue and 53.1 per cent in terms of operating cash flow, totalling US$1.55bn (€1.4bn, £1.3bn).

Universal’s parent company, Comcast, also reported an impressive third quarter, with revenue up 14.2 per cent from the previous year – a figure totalling US$21.3bn (€19.5bn, £17.4bn).

While Universal has been enjoying great success with its new attractions and acquisitions, the company is determined not to sit back. 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 notable investments including the new Wizarding World of Harry Potter at Universal Hollywood, Skull Island: The Reign of Kong for Islands of Adventure and its Volcano Bay waterpark in Orlando. The company also has plans for a new Nintendo attraction in Japan which will dwarf its existing Harry Potter attractions.
RELATED STORIES
  Karen Irwin takes reins at Universal Hollywood


Universal Studios Hollywood has named Karen Irwin its new president and COO, with Irwin replacing Larry Kurzweil, who held the post for 17 years.
  South Korea's Universal theme park plans in jeopardy over funding problem


Universal’s plans to open a multi-billion dollar theme park and resort in South Korea have reportedly hit a stumbling block, with the consortium of Korean and Chinese investors behind the project divided over how to finance the mega development.
  Godzilla to headline Universal Cool Japan 2017


Godzilla is going on the rampage in Japan again – this time at Universal Studios in January to tie in with the release of new Godzilla movie.
  Universal Orlando reveals VR experience for Halloween Horror Nights


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NEWS
Universal Japan and Hollywood's Wizarding World drive Q3 revenues up 60 per cent
POSTED 26 Oct 2016 . BY Tom Anstey
Since its acquisition of Universal Japan, the company has enjoyed a very strong year, with overall growth of 55.2 per cent
Universal has once again recorded strong performances in its latest earning report, with theme park revenues increasing 60.6 per cent to US$1.44bn (€1.31bn, £1.18bn) in the third quarter of 2016.

Primarily reflecting the inclusion of Universal Studios Japan following its majority acquisition last year and the continuing success of the new Wizarding World of Harry Potter attraction at Universal Hollywood, Universal’s theme parks income continues to mushroom in 2016.

As a result operating profit increased significantly, up 62.4 per cent to US$706m (€645m, £577m) for the quarter.

Since its acquisition of Universal Japan, the company has enjoyed a very strong year, with overall growth of 55.2 per cent to US$3.6bn (€3.3bn, £2.9bn) for revenue and 53.1 per cent in terms of operating cash flow, totalling US$1.55bn (€1.4bn, £1.3bn).

Universal’s parent company, Comcast, also reported an impressive third quarter, with revenue up 14.2 per cent from the previous year – a figure totalling US$21.3bn (€19.5bn, £17.4bn).

While Universal has been enjoying great success with its new attractions and acquisitions, the company is determined not to sit back. 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 notable investments including the new Wizarding World of Harry Potter at Universal Hollywood, Skull Island: The Reign of Kong for Islands of Adventure and its Volcano Bay waterpark in Orlando. The company also has plans for a new Nintendo attraction in Japan which will dwarf its existing Harry Potter attractions.
RELATED STORIES
Karen Irwin takes reins at Universal Hollywood


Universal Studios Hollywood has named Karen Irwin its new president and COO, with Irwin replacing Larry Kurzweil, who held the post for 17 years.
South Korea's Universal theme park plans in jeopardy over funding problem


Universal’s plans to open a multi-billion dollar theme park and resort in South Korea have reportedly hit a stumbling block, with the consortium of Korean and Chinese investors behind the project divided over how to finance the mega development.
Godzilla to headline Universal Cool Japan 2017


Godzilla is going on the rampage in Japan again – this time at Universal Studios in January to tie in with the release of new Godzilla movie.
Universal Orlando reveals VR experience for Halloween Horror Nights


Universal Orlando is for the first time introducing a virtual reality component to its Halloween Horror Nights event, with a new interactive experience combining VR and real- life actors.
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
Hotel de France, located on the British Isle of Jersey, has created a wellness retreat package that includes a hot yoga session that will take place in Jersey Zoo’s butterfly sanctuary.
Warner Bros Discovery collaborates on upcoming Pompeii attraction
A new immersive attraction designed to transport visitors into the final hours of ancient Pompeii is preparing to open near the world-famous archaeological site in southern Italy.
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COMPANY PROFILES
iPlayCO

iPlayCo was established in 1999. [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [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

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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Tel: +44 (0)1462 431385

©Cybertrek 2026

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