Common’s theme parks proceed to thrive

ORLANDO, Fla. — Common’s theme parks enterprise stay sturdy as “strong” visitor demand continued to gas its rebound from the pandemic.

Within the newest earnings report launched Thursday, mum or dad firm Comcast mentioned the theme parks generated $2.1 billion in income within the third quarter, a 42.4% bounce from the identical quarter final yr.

The division, which is beneath the NBCUniversal umbrella, noticed elevated attendance and visitor spending at its parks in Florida, California and Japan.

The parks division’s adjusted EBITDA jumped 88.6% to $819 million, its “highest adjusted EBITDA on document,” based on the corporate.

Because the parks proceed to thrive, the corporate is tough at work on Epic Universe, a brand new theme park in Orlando. The park will likely be Common’s largest U.S. theme park when it opens in summer time 2025.

It is a creating story. Verify again for updates.