Park Attendance Down at Universal Orlando
As previously mentioned, Universal has experience a decline in attendance in the fourth quarter due to the downturn in the economy. Fortunately, the division has been able to maintain a profit during the plummeting attendance.
Reporting Friday, total park attendance fell a whopping double digit from April to June said the parent company General Electric Co. Due to the favorably busy Easter Holiday, profit margins increased albeit attendance continued to fall from the same time last year 2008.
Easter benefits in conjunction with tighter controls has actually increased the profit margins by 13% during this period last year.
During a particular conference recently comments were made by the GE's CFO co-owned by Blackstone Group, that the parks experienced a encouraging second quarter.
Reporting Friday, total park attendance fell a whopping double digit from April to June said the parent company General Electric Co. Due to the favorably busy Easter Holiday, profit margins increased albeit attendance continued to fall from the same time last year 2008.
Easter benefits in conjunction with tighter controls has actually increased the profit margins by 13% during this period last year.
During a particular conference recently comments were made by the GE's CFO co-owned by Blackstone Group, that the parks experienced a encouraging second quarter.
posted by michael at
11:18 AM
