Hong Kong Disneyland reported revenue and international attendance for the previous year, in its annual report released today.
Overall attendance at the park jumped eight percent in 2018, to 6.7 million visitors. While that should keep Hong Kong Disneyland in the top 10 among Asian theme parks and the top 25 worldwide for attendance, it still leaves the park ahead only of the Walt Disney Studios Park at Disneyland Paris for annual visitors among the 12 Disney theme parks around the world.
Yet things are looking up for Hong Kong Disneyland. Per capita spending grew six percent at the resort last year, driving overall revenue to a record HK$6.0 billion for the year ending September 29, 2018, the park said. The park said the number of visitors coming from outside Hong Kong and China hit a record in the year, as well, driven mostly by visitors from Japan, South Korea, and the Philippines.
Though the park reported a record earnings before interest, taxes, depreciation and amortization (EBITDA) of HK$1.4 billion in 2018, it also recorded a net loss of HK$54 million, though that was an 84% improvement from fiscal 2017.
"This past year HKDL continued to strengthen its appeal as the ideal vacation destination. Our strong entertainment lineup throughout the year, coupled with the launch of Moana: A Homecoming Celebration and the global debut of Cookie as a new character in the highly popular Duffy the Bear family, have enticed guests from all markets," Stephanie Young, managing director of Hong Kong Disneyland Resort, said in the report. "Additionally, innovative initiatives to capture new opportunities were launched, including the first-ever, large-scale outdoor concerts, and the signature 10K Weekend running events, which have broadened our guest base for the park and hotels."
Hong Kong Disneyland is owned by a joint venture between the Hong Kong Special Administrative Region Government and The Walt Disney Company, which provides a more detailed look at the individual park's attendance than Disney provides for its wholly-owned properties.
Hong Kong Disneyland is the midst of a substantial redevelopment project, with its next step being the opening of the Ant-Man and The Wasp: Nano Battle! ride on March 31. The park also released today two photos from inside the former Buzz Lightyear attraction. These are our first official looks inside the new Marvel-themed version of the shooter ride.
In addition to the Ant-Man and the Wasp ride, Hong Kong Disneyland is developing another major Marvel-themed attraction for the Stark Enterprises section of its Tomorrowland, a new Frozen-themed expansion of Fantasyland, and an expansion of its Sleeping Beauty Castle.Tweet
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