Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13746)           
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

Exercise Referral Co-ordinator

Everyone Active
Salary: £Excellent salary + benefits
Location: Horfield, Bristol, UK

Assistant Regional Director

Parkwood Leisure
Salary: £60,000pa +10% bonus + company car + benefits
Location: London, UK

Sport Centre Team Leader

Harrow School
Salary: £29,500pa + pension + benefits
Location: Harrow, UK

Team Leader BSV

Everyone Active
Salary: £26,175.00
Location: Basildon

Lifeguard/Recreation Assistant

Everyone Active
Salary: £23,856
Location: Basildon

Casual Swim Teacher

Everyone Active
Salary: £18.50 per hour
Location: Basildon

Team Leader

Everyone Active
Salary: £25,925.00
Location: Brentwood

Lifeguard/Recreation Assistant

Everyone Active
Salary: £23,856
Location: Brentwood

Leisure Centre Deputy Manager

Colfe's School
Salary: £Competitive + pension + benefits
Location: Blackheath, London, UK
recruiting with sports management

Duty Manager

Everyone Active
Salary: Competitive
Location: Middlesbrough

Duty Manager Golf and Athletics

Active Luton
Salary: £30,027pa + non-contrib pension + benefits
Location: Stockwood Park Golf Club, London Road, Luton, UK

Centre Manager (Leisure)

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

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

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston
recruiting with sports management

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: Active IQ
The UK’s leading Ofqual-recognised awarding organisation for the physical activity sector, we offer over 100 accredited qualifications in a variety of disciplines from Entry-Level to Level 5.
View full profile >
More company profiles

Featured Supplier

Phil Heath, 7x Mr Olympia, shares machine-only leg workout routine
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of questions about bodybuilding without machines. Should bodybuilders be limited to just free weights? Why?
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