Wizarding World Still Making Magical ProfitsFan Events
Nearly two years after the grand opening of the Wizarding World of Harry Potter, the theme park is still magically raising Universal profits. Orlando reports that the theme park ticket and souvenir sales have contributed to a 17.1% growth rate. The Wizarding World has helped Universal's revenue gain 5.7% in the past three months! The article goes on to say:
"Nearly two years after the Wizarding World of Harry Potter's opening, Universal parent company Comcast credits the attraction with "reliable growth" in guest spending. Operating cash flow jumped 17.1 percent to $157 million, a measure of profitability Comcast says was primarily due to higher guest spending on tickets, food and souvenirs."