Posted Thursday, November 16, 2006 9:26 AM | Contributed by Jeff
A slower stream of international visitors caused attendance to drop again at Universal Orlando this summer, but increased merchandise sales and some interest rate breaks helped the theme park resort boost quarterly profits anyway. The resort attendance was down 5% through the first three months of the year, but profit and per capita spending are up. International visitors were down 16 percent.
Read more from The Orlando Sentinel.
Hopefully, with Blue Man, the replacement for Back to The Future and The Next Big Thing at IOA in a couple of years, they'll focus on all of this new stuff.
I'm seeing a trend here attendance down but per cap spending up.
Welcome to the future of the industry.
Face it, most of the really big parks have reached their limits (or are damn close) on the number of people they can get into their park in a season. The only place left to continue growth is to get more money from each person who comes through the gate.
Even WDW's magic Kingdom did 16.1 million guests in 2005. That's an average of more than 44,000 guests a day - 365 days a year! Where do you go from there? The same applies to the big regional parks as well. Numbers of guests that would be flat-out ridiculous crowds if they went much higher.
In order to continue to show a growth in revenue you need to get more money from those people. Lower volume, higher profit. Gonch's first rule of business...again. ;)
See, global warming is a good thing. ;)
....and before you say it, Boomers is a year-round FEC... ;~P
"The only place left to continue growth is to get more money from each person who comes through the gate.'
^...and THAT...is the future of this industry...for better *and* for worse...
The rest of us will be scrambling about our parks in January craving rainbow colored dippin' dots.
In answer to your question, no I didn't see Al Gore's movie. I figure I'll wait until he sells his/ his family's shares in oil, tobacco, and zinc mining companies, and donates the proceeds to a true environmental cause (not himself).
Al Gore MAY be on to something. But for every speech and movie he gives with his “science” there is available research to contradict his argument. See the movie indeed…but keep in mind that there is a political agenda in this debate…as there is for those who argue global warming does not exist.
My opinion…global warming indeed exists. Humans ARE contributing to it…and there are probably changes that we could make to lesson the effects. However, until the whole world (China, India, et al) are on board…it is futile to make drastic changes. Furthermore, nobody has ever been able to reasonably explain how that first ice age ended without humans present to cause it…?
Other questions I ponder… How drastic will the effects be? When the weather man can’t predict next week with any accuracy, you will have to forgive me if I have a little doubt about the ability to predict 25-300 years from now. Are the effects worth stopping? The outrageous costs and sacrifices asked by those proposing immediate action may not be justified…MAY? Are there benefits to global warming? This is never discussed…but there may be some out there.
Hot topic indeed...but given "science's" propensity to change with politcal winds (ie salt is good...no it is bad, low carbs are bad...no they are good, PSA levels indicate prostae cancer risks...no they don't) it would be hard and a bit naive, in my opinion, to buy the whole argument. Politics has so infiltrated this issue that there is no longer such a thing as an unbiased scientist in the field.
I disagree....a LOT. While it is totally true, and potentially inarguable, that developing countries are increasing their fossil fuel emissions at an alarming rate, and *will* be helping to increase the harm to the environment, the US *is* in a leadership position.
Developing, implementing, and SHARING technologies that would help reduce greenhouse gases....esp. with nations that are experiencing exponential economic growth, is essential to the health of the environment...
Or, we could just sit back, enjoy our oil profits, and play a fiddle while the hole in the ozone layer grows larger...
Just because ice ages and heat ages existed before mankind does NOT mean that we aren't playing a HUGE role in *this* instance...the fact that THIS hurricane season has been proceeding without major catastrophe doesn't debunk global warming...
...and play a fiddle while the hole in the ozone layer grows larger...
Can we play "The Devil Went Down to Georgia?"
Seems more fun than than the image of Nero and Rome burning...and if you're going to die, you might as well have fun doing it. :)
Seriously, until you see the movie, you have nothing to say.
Please tell me you're joking.
Are there benefits to global warming? This is never discussed…but there may be some out there.
while the hole in the ozone layer grows larger...
Gator...that hole closed a long time ago. Science changed its opinion on that.
Please tell me you're joking.
I'm not joking at all. I said...MAY. In all our efforts to find all the wrong with global warming, I've never seen anybody study possible positive effects.
For example...we know there was once an ice age...global warming came along and now there are human beings and we get to ride roller coasters. I would call this a positive. Had man been alive at the time of the ice age AND followed the scientific patterns/trends we see with present day science…they might have spent all their time and effort worrying about melting ice without making any hypothesis of some positive phenomenon.
I'm just demonstrating a different way of looking at it than taking Al Gore's word as the final gospel. While Al Gore has a lot to add to the debate…so do many other actual scientists of whom there are many opposing views. Sometimes when the science community gets all wrapped up in trying to prove preconceived notions, they miss other simple explanations and results. See the ozone hole example above…we now think we know that this hole comes and goes in cycles. Just a few years back…Al Gore and many so-called scientists were warning of irreparable harm. They were wrong.
I can tell this might be one of those CB hot topics. Please note that I only offer my opinion. Everyone is free to believe otherwise and post accordingly. Though I may disagree and have the occasional urge to personally attack as we all do…I’ll do my best to stick to messages and keep the personal barbs out of it. I hope we all can do the same?
And it's funny you should mention the ozone layer, which he shows as an example of how human action can undo what we did wrong.
And the only thing good I can think of is the people on higher elevations around the San Francisco Bay or inland Florida who will some day have beach front property.
Are you making fun of my retirement plan? ;)
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