Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13743)           
UK only International

SeaWorld in buoyant mood despite inclement weather after strong Q4

By Andy Knaggs    26 Feb 2020
SeaWorld plans to introduce a number of new rides and attractions in 2020 / Shutterstock
We could not be more excited about our ride, attraction and event line up
– Serge Rivera

SeaWorld Entertainment says it has bounced back from a disappointing Q3 in 2019, with strong Q4 and overall year figures.

The third quarter of the year was affected by bad weather conditions, including Hurricane Dorian, which alone caused a loss of about 90,000 visits to the company's Florida park. The weather in Q4 was also unfavourable, but SeaWorld was still able to grow its attendance and total revenue per capita during the period, it said.

Attendance in Q4 was up 2.2 per cent on Q4 2018, reaching 4.7 million guests. Over the year, attendance increased by 0.2 per cent to 22.6 million guests.

Total revenue increased by US$18m (€16.6m, £13.9m) in Q4, and US$26m (€23.9m, £20.1m) over the year, reaching US$1.4bn (€1.29bn, £1.08bn). Although there was a net loss in Q4 of US$13.1m (€12.1m, £10.1m), for the entire year, SeaWorld achieved a net income increase of US$89.5m (€82.3m, £69.3m), which is almost double that of 2018.

The company's adjusted earnings for 2019 were US$456.9m (€420m, £354m), an increase of 13.9 per cent on 2018. It has set a target of achieving between US$475m (€437m, £368m) and US$500m (€460m, £387m) in Adjusted EBITDA in 2020.

Commenting on the firm's first financial results since he became CEO late last year, Serge Rivera said a strategic focus on new rides, attractions and events, improved marketing communications and pricing strategies, and cost efficiency initiatives, was behind the results.

He continued: "We continue to believe there are significant additional opportunities to further improve and enhance our execution and drive meaningful growth in revenue, net income and Adjusted EBITDA.

"With respect to 2020, we could not be more excited about our ride, attraction and event line up – it will be our strongest line up ever. We will be introducing one-of-a-kind, record-breaking roller coasters across our five major theme parks and thrilling, record-breaking new slides across our water parks this year."

SeaWorld  Serge Rivera 
Sign up for FREE ezines
Related news
Sports jobs

Leisure Centre Duty Manager

Uppingham School
Salary: £24,687.57pa + pension + health care + benefits
Location: Uppingham, Oakham, UK

Leisure Supervisor (Development)

City University of London
Salary: £32,982 - £37,099pa + excellent pension and benefits
Location: London, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough

Cleaning Assistant

Everyone Active
Salary: Competitive pay rates
Location: Gainsborough

Duty Manager

Everyone Active
Salary: Competitive
Location: Gainsborough

Duty Manager

The Pickaquoy Centre
Salary: £30,000pa + local Govt pension + attractive benefits package
Location: Kirkwall, UK

Team Leader (Harrow School Fitness Club)

Harrow School
Salary: £13.71 per hour
Location: Harrow on the Hill, Harrow, UK

Centre Manager (Leisure)

Exeter City Council
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK
recruiting with sports management

Director of Operations

Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK

Fitness Motivator

Everyone Active
Salary: Competitive
Location: Lutterworth

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: 9.50 ph
Location: Lutterworth

Membership Manager

University of Warwick
Salary: £29,605 - £32,982pa + pension + benefits
Location: Coventry, UK

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour
recruiting with sports management

Chief Executive Officer, Mount Batten Centre

Mount Batten Group
Salary: c£65,000pa + pension + benefits
Location: Plymouth, 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  recreation assistant jobs  Swim Manager jobs  general manager 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

Webinar: Building a new energy future for the leisure sector
As one of the most energy-intensive industries in the UK, leisure facilities face a critical challenge in balancing net zero goals, funding and increased costs.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
08-08 Jun 2024
Worldwide, Various
More diary dates