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No News is Bad News for Universal Orlando in Summer 2016

Universal Orlando Resort's parent company Comcast recently released their third quarter financial results (covering the period from Friday, July 1 through Friday, September 30), and while the Universal theme parks are dwarfed by the company's sizable media properties, Comcast's report did include some information about how its theme park division was doing overall.

However, in a somewhat unexpected development, the company didn't spend as much time on this segment of their business as they have in the past, which is likely a purposeful decision, as things aren't exactly going as well this year as they probably hoped at Universal Orlando Resort. However, before we get to the bad news, let's talk about a very positive development first... 

1. The Wizarding World of Harry Potter has been a huge success in Hollywood

Image: Universal

One specific point that was mentioned in the earnings report was significant growth at Universal Studios Hollywood, thanks to the opening of The Wizarding World of Harry Potter at the park earlier this year. Not only is this new area bringing larger crowds, but guests who visit are spending more on food, drink and souvenirs (think of all that Butterbeer and all those wands), which helped propel Comcast's domestic theme parks division to just over 16% increased revenue year over year, which is definitely a magical result indeed. All things considered, it's an astonishing rate of growth.

The rousing success of the west coast version of The Wizarding World of Harry Potter all but assures that more Wizarding World of Harry Potter attractions will be coming to Universal Studios Hollywood in the coming years. While it may be difficult to exactly duplicate Universal Orlando Resort's Diagon Alley at this park, it would certainly be possible to bring the Harry Potter and the Escape From Gringotts ride to the park as a standalone attraction. However, more tantalizing options do exist... 

Image: Universal

Universal Studios Hollywood could also be ground zero for a new rumored interactive dark ride that involves a wand-based game, or even a new attraction based on the upcoming Fantastic Beasts and Where To Find Them film series. While we wouldn't expect anything to be announced in the near future, Universal Studios Hollywood definitely won't want to lose this early momentum, and we'd expect more Wizarding World to show up here in the next few years. 

However, even though things are going well at Universal Studios Hollywood, the same may not be able to be said about Universal Orlando Resort... 

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There is 1 comment.

Certainly brazilian expandure on central florida has declined big numbers, since they send lots of tourist, but have had a rough 2016.

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