Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs   News   Features   Products   Magazine      Advertise  
NEWS
SeaWorld announces poor Q1 results for 'transitional' 2016
POSTED 06 May 2016 . BY Tom Anstey
SeaWorld vowed to end orca breeding at its parks in March but CEO Joel Manby expects it to be years before it has a positive effect on the operator's finances
Despite making a number of positive moves to redefine itself as a park that cares and one that wants to create memorable experiences, SeaWorld suffered a disappointing first quarter, with CEO Joel Manby saying he expects the trend to continue through the year.

The positive for SeaWorld is the company did increase attendance in its park compared to the same period in 2015 by 2.6 percent - 3.3 million for the quarter. Despite this, the company posted a quarterly loss, of US$84m (€74m, £58m), an increase compared with the year earlier loss of US$43.6m (€38m, £30m).

Under much public pressure, SeaWorld said in March that it would stop breeding orcas and cease its theatrical shows, a dramatic shift but one that won’t be happening quickly as the company has 30 killer whales with a life expectancy as high as 50 years.

"Our March announcement to end all orca breeding and transition our theatrical shows toward more natural orca encounters, as well as our new partnership with the Humane Society of the United States, were transformational decisions that we expect should contribute to an improvement in performance over time, as consumers begin to recognise our continued commitment to providing them experiences that matter," said Joel Manby, who added that 2016 was a “transitional year” for the operator.

RELATED STORIES
  Former SeaWorld CEO Jim Atchison leaves company in board shakeup


SeaWorld Entertainment has announced the departure of former CEO Jim Atchison from the company’s board, also appointing two veteran theme park industry executives – Ron Bension and Donald Robinson – to roles at the head of the company.
  Analysts predict SeaWorld shares will jump more than 50 per cent in the next year


Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise as high in value as US$27 (€24, £19) in the next year.
  SeaWorld ending orca captivity at its parks


SeaWorld has announced that it is ending orca captivity at its parks.
  SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
MORE NEWS
Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
+ More news   
LATEST JOBS
GP Exercise Referral Instructor
Everyone Active
Salary: £33,000pa + benefits
Job location: Harrow, Middlesex , United Kingdom
Self Employed Personal Trainer
Everyone Active
Salary: Competitive
Job location: Enderby
+ More jobs  

FEATURED SUPPLIERS

Elevate 2026 to mark 10-year anniversary with biggest ever waterfront drinks reception
Elevate is set to celebrate its 10th anniversary in style this June, with organisers confirming the event’s largest-ever drinks reception as registrations continue to run more than 10% ahead of last year. [more...]

W3Fit EMEA celebrates its fifth anniversary
Celebrating its milestone 5th anniversary, W3Fit EMEA returns in 2026 with an unmissable gathering of the Health & Fitness industry’s most influential leaders. [more...]
+ More featured suppliers  
COMPANY PROFILES
Serco Leisure

Serco Leisure Operating Limited is one of the UK’s leading national operators of leisure centres, de [more...]
The Fitness Group Education

The Fitness Group is the UK’s Leading Fitness Education Training Provider. [more...]
+ More profiles  
CATALOGUE GALLERY
 
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

13-13 Jun 2026

Global Wellness Day

Worldwide, Various,
15-18 Jun 2026

HLTH Europe

RAI Convention Centre, Amsterdam, Netherlands
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
HCM
LEISURE OPPORTUNITIES
HEALTH CLUB HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026
Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs    News   Products   Magazine
NEWS
SeaWorld announces poor Q1 results for 'transitional' 2016
POSTED 06 May 2016 . BY Tom Anstey
SeaWorld vowed to end orca breeding at its parks in March but CEO Joel Manby expects it to be years before it has a positive effect on the operator's finances
Despite making a number of positive moves to redefine itself as a park that cares and one that wants to create memorable experiences, SeaWorld suffered a disappointing first quarter, with CEO Joel Manby saying he expects the trend to continue through the year.

The positive for SeaWorld is the company did increase attendance in its park compared to the same period in 2015 by 2.6 percent - 3.3 million for the quarter. Despite this, the company posted a quarterly loss, of US$84m (€74m, £58m), an increase compared with the year earlier loss of US$43.6m (€38m, £30m).

Under much public pressure, SeaWorld said in March that it would stop breeding orcas and cease its theatrical shows, a dramatic shift but one that won’t be happening quickly as the company has 30 killer whales with a life expectancy as high as 50 years.

"Our March announcement to end all orca breeding and transition our theatrical shows toward more natural orca encounters, as well as our new partnership with the Humane Society of the United States, were transformational decisions that we expect should contribute to an improvement in performance over time, as consumers begin to recognise our continued commitment to providing them experiences that matter," said Joel Manby, who added that 2016 was a “transitional year” for the operator.

RELATED STORIES
Former SeaWorld CEO Jim Atchison leaves company in board shakeup


SeaWorld Entertainment has announced the departure of former CEO Jim Atchison from the company’s board, also appointing two veteran theme park industry executives – Ron Bension and Donald Robinson – to roles at the head of the company.
Analysts predict SeaWorld shares will jump more than 50 per cent in the next year


Stock analysts have predicted a positive year for SeaWorld, with shares in the company expected to rise as high in value as US$27 (€24, £19) in the next year.
SeaWorld ending orca captivity at its parks


SeaWorld has announced that it is ending orca captivity at its parks.
SeaWorld stems tide of attendance and revenue decline; firms up plans for Middle East expansion


Attendances and revenues at SeaWorld attractions during 2015 were reported as almost the same as the previous year, as CEO Joel Manby insists the marine park company is stabilising.
MORE NEWS
Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
Peloton signals potential move into reformer Pilates with Skop acquisition
Peloton has made the strategic acquisition of the Pilates start-up, Skōp, to support the expansion of its strength ecosystem.
Crunch Fitness creates more affordable reformer Pilates concept
Crunch Fitness has announced the launch of Crunch Reform Pilates – its own reformer concept designed to bring this fast growing, but rather expensive, modality into the mainstream.
+ More news   
 
FEATURED SUPPLIERS

Elevate 2026 to mark 10-year anniversary with biggest ever waterfront drinks reception
Elevate is set to celebrate its 10th anniversary in style this June, with organisers confirming the event’s largest-ever drinks reception as registrations continue to run more than 10% ahead of last year. [more...]

W3Fit EMEA celebrates its fifth anniversary
Celebrating its milestone 5th anniversary, W3Fit EMEA returns in 2026 with an unmissable gathering of the Health & Fitness industry’s most influential leaders. [more...]
+ More featured suppliers  
COMPANY PROFILES
Serco Leisure

Serco Leisure Operating Limited is one of the UK’s leading national operators of leisure centres, de [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

13-13 Jun 2026

Global Wellness Day

Worldwide, Various,
15-18 Jun 2026

HLTH Europe

RAI Convention Centre, Amsterdam, Netherlands
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS