Skeeta

Ardent Leisure FY Results 2016

34 posts in this topic

Reporting season is here.

 

Dreamworlds outlook.

Favourable exchange rate, increased international air capacity particularly direct flights from China/Hong Kong and Commonwealth Games promotions, to stimulate domestic/international visitor growth

Exciting new precincts, experiences, products and brands planned:

Redeveloped, interactive Tiger Island to reopen September2016

Australia’s largest LEGO® Retail Store to launch November 2016, featuring life size LEGOmodels, exclusive product and interactive features such as a "Pick a Brickwall”

New Food, Retail and Events products including Asian themed food and retail outlets at Tiger island, and new undercover event space seating up to 270 guests

Extended summer holidays trading to continue in January, supported by Beatbox sound and light show

Launch of Dreamworld Virtual Reality experiences in conjunction with technology partners

Continue to invest in unique indigenous experience, Corroboree, to drive international visitors

Continue to invest in refreshing customer experiences and attractions utilising technology (including Virtual Reality) and new consumer trends to surprise and delight guests

 

What ride do you think will go Virtual Reality?

Where will the new precinct be? (Might be the Lego area)

Edited by YLFATEEKS

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48 minutes ago, themagician said:

MDMC would be a good for it. Maybe next year we will see a refurb on the ride, and they could introduce the system then.

MDMC seems likely. The second train hasn't been visible for at least 3 weeks now (Not on circuit or transfer tracks); it could be for unrelated reasons, but it's convenient.

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1 hour ago, YLFATEEKS said:

They could turn MDMC into a horse racing ride.

 

435_virtual-horse-racing.jpg

I've ridden a horse 2 times and both times I just wanted to get off.

would prob be a lot more comfortable to sit on too!

57 minutes ago, Jobe said:

That will certainly be hard to cope with.....:D

not at all they just need to offer the headsets at a cheaper price :P

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Whilst not as detailed, Village Roadshow had a pretty dismal year..

* Net profit down 64pct to $15.7m

* Income from continuing operations up 7.0pct to $1.07b

earnings from the company's theme parks, including those on the Gold Coast and in Las Vegas, rose by $500,000 to $88 million

Couple of things to note from the release today! 

image.jpeg

So confirmation that our 2017 coaster won't be seen prior to the end of the year as expected, and new HWSD and OS shows 

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Media reports are partly attributing the disappointing result to the lacklustre performance of Wet 'n' Wild Sydney. Attendances were down 100,000 on the previous year. Village executives are blaming wet weather as usual, but those who have visited the park know the real reason - poor design and poor management and operations. Such a pity as it had such potential. Jamberoo keeps powering along, meanwhile.

http://www.afr.com/business/media-and-marketing/village-roadshow-eyes-another-strong-year-for-cinema-20160825-gr18t7

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1 hour ago, Brad2912 said:

Whilst not as detailed, Village Roadshow had a pretty dismal year..

* Net profit down 64pct to $15.7m

* Income from continuing operations up 7.0pct to $1.07b

earnings from the company's theme parks, including those on the Gold Coast and in Las Vegas, rose by $500,000 to $88 million

Couple of things to note from the release today! 

image.jpeg

So confirmation that our 2017 coaster won't be seen prior to the end of the year as expected, and new HWSD and OS shows 

Thanks Brad for posting this. You worried me at first, saying that Village Roadshow net profit is down 64 percent... then I realised that it's for the entire group, not just the theme park division. GC theme park results seemed quite strong, making up for the short falls of the other parks.

Also, this document is for FY16-17, which ends June 30 next year. The new coaster was rumoured to be opening late next year.

Also, it's interesting that the GC theme parks "paid" for the new sound stage. Obviously some funny accounting going on there!

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