Japan natural disasters stymie Universal’s theme park revenue growth
Natural disasters in Japan weighed heavily on theme park operator Universal’s bottom line.
This summer’s extreme weather caused a slight dip in revenue for the theme park division as parent Comcast Corp released Q3 results.
Theme park revenue, including parks in the US, Singapore and the Osaka park in Japan, dipped by 1.4%, but remains 5% up for the year to date.
The city of Osaka was heavily impacted by a devastating typhoon, which caused widespread flooding and closed down the airport for days.
Japan was also hit with an extreme heatwave and an earthquake which rocked the Hokkaido region.
According to Comcast CEO Brian Roberts, severe weather impacted two-thirds of days during the quarter.
However there are ‘signs of recovery in Osaka’ Roberts said during an earnings call.
Overall, Comcast Corp revenue was up 5% to more than $22 billion for the quarter.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Singapore to forbid entry to undesirable travelers with new no-boarding directive
In Italy, the Meloni government congratulates itself for its tourism achievements