Comcast reported Thursday that revenue at its theme park division grew nearly 8 percent during the third quarter, thanks in part to Universal’s best cash-flow year in its 100-year history.
That’s great news for Central Florida, which was hit with Hurricane Irma during the third quarter. Universal, SeaWorld, and Walt Disney World closed its parks during the storm. Yet the parks’ hotels rebounded as evacuees took shelter in Central Florida.
Comcast’s theme park division’s revenue jumped 7.7 percent, according to the report.
“At NBCUniversal, our momentum continued throughout each business unit, including terrific results at theme parks and film,” said Brian Roberts, CEO and chairman of Comcast.
Roberts praised the performance of Universal Studios and NBC Universal this year, saying both businesses are booming.
“These are the best three quarters we’ve had at NBCUniversal since we bought the company,” Roberts said adding that “Universal may have the best cash-flow year in its 100-plus year history.”
The theme park division was boosted by the May opening of Volcano Bay, as well as the April opening of Minion Park.
SeaWorld is scheduled to release its third-quarter earnings Nov. 7, while Disney’s quarterly report comes out Nov. 9.