Comcast unveiled their 4th quarter and comprehensive year 2021 effects and there was great news all close to, but specially for Common Parks & Resorts. The most significant information about the topic parks from the concern and answer area of the presentation was all about Epic Universe! The very good news for lovers is Epic Universe is “full steam in advance.” Building is heading genuinely well, and Comcast/NBCUniversal expects Universal’s future topic park to open up in 2025, unquestionably in time for the summer time of 2025.
Comcast executives were portion of the earnings call together with Brian Roberts, Chairman & CEO of Comast, and Jeff Shell, CEO of NBCUniversal. When chatting about the parks they stated it’s, “impossible not to be energized about topic park organization.” It was a wonderful calendar year for the parks and a wonderful 4th quarter with no influence from the COVID-19 Omicron variant in Florida and extremely restricted impact in Hollywood and Japan. Element of the accomplishment was attributed to the expense in attractions during the pandemic like Jurassic Globe VelociCoaster in Universal Orlando, The Magic formula Daily life of Pets: Off the Leash in Common Studios Hollywood, and Tremendous Nintendo Environment in Common Studios Japan.
Trying to keep that in thoughts, it’s no surprise to hear that there have been some regrets bordering Epic Universal and pausing building. When conversing about Epic Universe, it sounded like Roberts chimed in to say, “If I glimpse again over COVID, one of the issues I want we could redo is slowing down Epic.” Obviously it made economic perception to halt construction, but no 1 saw the pent up desire possessing these types of a huge effect on the company.
“If you construct great attractions there is pent up demand from customers, and we’re likely to make a magnificent park at Epic, and we’re whole steam.. we’re likely as quickly as we can to make up for missing time.”
General, topic parks shipped its most worthwhile fourth quarter on document, driven by powerful progress in domestic guest attendance and shelling out for each guest at the parks in the United States and Japan. Global guest attendance at the parks remained constrained because of to COVID-19. Exclusively with Florida, global attendance has returned with company from the U.K. and Europe, but not at pre-pandemic degrees due to Latin American company not returning. Nonetheless, domestic attendance in basic is above pre-pandemic levels.