- Total revenues increased by $30.8 million — from $186.4 million last year to $217.4 million for 2018 — a 16.5% increase.
- Attendance saw a 14.9% jump from last year's first quarter, from 2.81 million visitors to 3.22.
- SeaWorld also benefited from in-park per capita spending, which rose 6.4%, from $25.4 million to $27.04 million.
As a reminder, this year we have one of the most compelling line-ups we have ever had of new rides, attractions and events across our parks. We have Electric Eel in San Diego and Infinity Falls in Orlando still to be opened; we have our one-of-a-kind Sesame Parade in San Diego and still to launch in San Antonio; and this summer we have our award winning Electric Ocean event coming to each of our SeaWorld parks and our Summer Nights event coming to each of our Busch Gardens parks. As we stated in February, we expect to deliver the remainder of our previously announced $40.0 million in total net cost savings and the additional $25.0 million of cost savings we announced in late 2017 by the end of 2018. We believe we have significant scope to improve the financial performance of this Company and with our biggest quarters still ahead of us we believe we are well-positioned to make real progress towards that goal in 2018.Source/Image: SeaWorld Entertainment