Theme park operators suffer significant visitor downturn


By Alice Richard
Thursday, 11 May, 2017


The tragedy at Whitewater World in October 2016 is affecting not only Dreamworld’s visitor numbers, but also those of its competitor, Village Roadshow Limited (VRL). Visitor numbers for VRL’s Gold Coast parks were down 9.4% for the nine months to 31 March 2017, and the company was also negatively affected by poor weather from Cyclone Debbie in March and April.

VRL says it expects Wet'n'Wild in Sydney will also underperform in the first half of the 2017–18 financial year.

“VRL firmly believes that the Theme Parks division will return to normal levels over time following key marketing campaigns and the introduction of new attractions,” the company wrote in an ASX statement.

Ardent Leisure is also feeling the pinch, with visitation down 36.7% for March and April 2017. Ardent expects to see an EBITDA loss of $2–$4 million for the 2016–2017 financial year.

Ardent Leisure’s chief executive officer, Deborah Thomas, will transition to a new role of chief customer officer (group) and chief operating officer (Australasia), with Simon Kelly commencing as group chief executive officer and managing director on 1 July 2017.

Related News

Council fined $15K for swim centre chlorine discharge

Lake Macquarie City Council has been issued with a $15,000 fine by the NSW Environment Protection...

Study finds connection between indoor pool lifeguards and respiratory problems

Lifeguards who work more than 500 hours a year at indoor pools are two to six times more likely...

Inclusion program wins national innovation award

Belgravia Leisure's Access and Inclusion Program has been jointly awarded the top prize for...


  • All content Copyright © 2017 Westwick-Farrow Pty Ltd