Universal Theme Parks See Decline in Revenue and Attendance

Post-pandemic normalization and lack of new attractions contribute to downturn as Epic Universe anticipation builds.

Universal's theme park revenue dropped nearly 11% in Q2 2024, with earnings down 24%.
Post-pandemic travel normalization and competition from other travel options are key factors.
The last major attraction at Universal Orlando was VelociCoaster in 2021, with no new major additions since.
Epic Universe, set to open in 2025, is expected to revitalize attendance and revenue with its immersive lands.
Comcast remains optimistic about long-term growth in its theme park business despite current challenges.