Visitors spend, spend, spend at Universal theme parks

This is not really going to surprise anyone but it seems that the popularity of Universals theme parks isn’t going to die down anytime soon. Over the last couple of years all the buzz and hype surrounding Orlando has largely been focused on The Wizarding World of Harry Potter. But its not just potter mania that is getting the crowds through the turn styles. Universal have also seen year on year growth in California thanks largely to the King Kong attraction which opened midway through 2010.

Philadelphia-based Comcast acquired a majority stake in NBCUniversal from General Electric a little more than a year ago said Wednesday that sales at NBUniversal theme parks rose 4 percent during the final three months of 2011, propelled by higher per-guest spending at Universal Orlando and Universal Studios Hollywood.

Combined revenue at NBCUniversal’s theme-parks business, which includes licensing fees from overseas parks inJapanandSingapore, totaled $498 million for the quarter, up from $478 million during the same period a year ago. That capped a year in which theme-park revenue surged 24 percent to $2 billion.

“This segment had a terrific year,” Comcast Vice Chairman and Chief Financial Officer Michael Angelakis said during a conference call with analysts.

NBCUniversal earlier this year announced plans to build a second Harry Potter attraction in California and expand The Wizarding World of Harry Potter at Universal’s Orlando Resort, though details remain vague.

For more information on the latest Universal tickets available in Orlando visit Orlando Attraction Tickets.

Cheers

Frank

 

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