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NEWS
Ardent revenue plummets in wake of DreamWorld tragedy
POSTED 09 Feb 2017 . BY Tom Anstey
Ardent Leisure has seen revenue fall by more than half following a fatal accident at its Dreamworld theme park on Australia’s Gold Coast last year.

Four people died in October when two rafts on the park’s Thunder River rapids ride collided. The park reopened on 10 December.

For the month of January, Ardent says its theme park division recorded revenues of AU$6.97m (US$5.33m, €4.98m, £4.26m), a decline of 50.4 per cent on previous figures, which a year earlier was AU$14.05m (€10m, £8.59m).

“This represents a steady increase in visitation against December 2016 which recorded a reduction of 63.0 per cent in revenues,” said a company statement.

“This consistent increase in visitation was largely due to the reopening of eight of the Big 9 Thrill Rides.”

December’s records were even harsher after the park’s reopening, with revenue from 10 to 31 December down 63 per cent to AU$3.66m (€2.62m, £2.23m).

The accident has caused a ripple effect for Australia’s theme parks, with Warner Bros Movie World, Sea World and Wet ‘n’ Wild all reporting significant drops in attendance – roughly 12 per cent across all the parks in the Queensland region.
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Focus on fun for Ardent Leisure after operator sells off health club arm


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FEC and theme park successes boost profits in latest earnings report for Ardent Leisure


Australian operator Ardent Leisure, which owns Dreamworld and WhiteWater World, AMF Bowling centres and a growing US FEC division, has posted net profits of AU$22.6m (US$16m, €14.1m, £11.2m) driven mainly by its US ventures.
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Former magazine editor Deborah Thomas has replaced Greg Shaw as CEO of the Ardent Leisure Group following Shaw’s decision to retire after nearly 13 years in the role.
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AM2.jobs - Attractions Jobs & News
Attractions Management Magazine


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NEWS
Ardent revenue plummets in wake of DreamWorld tragedy
POSTED 09 Feb 2017 . BY Tom Anstey
Ardent Leisure has seen revenue fall by more than half following a fatal accident at its Dreamworld theme park on Australia’s Gold Coast last year.

Four people died in October when two rafts on the park’s Thunder River rapids ride collided. The park reopened on 10 December.

For the month of January, Ardent says its theme park division recorded revenues of AU$6.97m (US$5.33m, €4.98m, £4.26m), a decline of 50.4 per cent on previous figures, which a year earlier was AU$14.05m (€10m, £8.59m).

“This represents a steady increase in visitation against December 2016 which recorded a reduction of 63.0 per cent in revenues,” said a company statement.

“This consistent increase in visitation was largely due to the reopening of eight of the Big 9 Thrill Rides.”

December’s records were even harsher after the park’s reopening, with revenue from 10 to 31 December down 63 per cent to AU$3.66m (€2.62m, £2.23m).

The accident has caused a ripple effect for Australia’s theme parks, with Warner Bros Movie World, Sea World and Wet ‘n’ Wild all reporting significant drops in attendance – roughly 12 per cent across all the parks in the Queensland region.
RELATED STORIES
Focus on fun for Ardent Leisure after operator sells off health club arm


Ardent Leisure is planning significant investment in its entertainment ventures after offloading its health club business in a AU$260m (US$198.3m, €175.6m, £150m) deal to private equity house Quadrant.
FEC and theme park successes boost profits in latest earnings report for Ardent Leisure


Australian operator Ardent Leisure, which owns Dreamworld and WhiteWater World, AMF Bowling centres and a growing US FEC division, has posted net profits of AU$22.6m (US$16m, €14.1m, £11.2m) driven mainly by its US ventures.
Deborah Thomas named new CEO of Ardent Leisure


Former magazine editor Deborah Thomas has replaced Greg Shaw as CEO of the Ardent Leisure Group following Shaw’s decision to retire after nearly 13 years in the role.
MORE NEWS
Revealed: Opening date for Scotland's first design museum, created by Kengo Kuma
V&A Dundee, Scotland’s first design museum, will open to the public on Saturday 15 September 2018, it has been revealed.
Norwegian brewery partners with COBE to create Stavanger waterfront attraction
Danish architects COBE and Norwegian beer maker Lervig have unveiled plans for a major waterfront visitor centre and brewery in Stavanger, Norway.
Designs revealed for new aquatics centre on an artificial quay in Copenhagen’s harbour
Stunning designs have been revealed for Copenhagen's new Water Culture Centre, which will feature outdoor and indoor pools, waterfalls, harbour baths and sports facilities.
Bayeux Tapestry coming to Britain for first time in 950 years
The Bayeux Tapestry is set to be loaned to a British museum for the first time in nearly a millennium.
More news>
LATEST JOBS
Casino Manager
Landers Recruitment
Salary: £30,000
Location: Manchester, United Kingdom
Director of Operations
WWT
Salary: £78,000 p.a.
Location: Slimbridge, Gloucestershire, United Kingdom
Head of Product Excellence
Legoland
Salary: Competitive
Location: Winter Haven, FL, United States
Customer Insights and Analytics Manager
Merlin Entertainments Group
Salary: Competitive
Location: New York, NY, United States
General Manager
Sea Life
Salary: Competitive
Location: Concord, NC, United States
Duty Manager
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Salary: Competitive
Location: Washington, DC, United States



 
 
ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
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NEWS
Ardent revenue plummets in wake of DreamWorld tragedy
POSTED 09 Feb 2017 . BY Tom Anstey
Ardent Leisure has seen revenue fall by more than half following a fatal accident at its Dreamworld theme park on Australia’s Gold Coast last year.

Four people died in October when two rafts on the park’s Thunder River rapids ride collided. The park reopened on 10 December.

For the month of January, Ardent says its theme park division recorded revenues of AU$6.97m (US$5.33m, €4.98m, £4.26m), a decline of 50.4 per cent on previous figures, which a year earlier was AU$14.05m (€10m, £8.59m).

“This represents a steady increase in visitation against December 2016 which recorded a reduction of 63.0 per cent in revenues,” said a company statement.

“This consistent increase in visitation was largely due to the reopening of eight of the Big 9 Thrill Rides.”

December’s records were even harsher after the park’s reopening, with revenue from 10 to 31 December down 63 per cent to AU$3.66m (€2.62m, £2.23m).

The accident has caused a ripple effect for Australia’s theme parks, with Warner Bros Movie World, Sea World and Wet ‘n’ Wild all reporting significant drops in attendance – roughly 12 per cent across all the parks in the Queensland region.
RELATED STORIES
Focus on fun for Ardent Leisure after operator sells off health club arm


Ardent Leisure is planning significant investment in its entertainment ventures after offloading its health club business in a AU$260m (US$198.3m, €175.6m, £150m) deal to private equity house Quadrant.
FEC and theme park successes boost profits in latest earnings report for Ardent Leisure


Australian operator Ardent Leisure, which owns Dreamworld and WhiteWater World, AMF Bowling centres and a growing US FEC division, has posted net profits of AU$22.6m (US$16m, €14.1m, £11.2m) driven mainly by its US ventures.
Deborah Thomas named new CEO of Ardent Leisure


Former magazine editor Deborah Thomas has replaced Greg Shaw as CEO of the Ardent Leisure Group following Shaw’s decision to retire after nearly 13 years in the role.
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS