Theme parks bounced back in 2022 from pandemic lows with revenue, if not attendance
Last year marked a return to normal for the theme park industry around the world with operators reporting revenues at par or above pre-pandemic levels
ORLANDO, Fla. (AP) — Last year marked a return to normal for the theme park industry around the world with operators reporting revenues, and in some cases attendance, at par or above pre-pandemic levels, according to a new report.
Globally, the theme park industry hit a peak in 2019, the year before the spread of the COVID-19 virus forced many parks and attractions to shut down temporarily and then reopen with restrictions on attendance.
Many operators focused on improving visitor experiences through adapting app-based technologies and that paid off with revenues in 2022 that surpassed 2019 levels, even if attendance had not bounced back in the same way, according to the report released Wednesday by the Themed Entertainment Association and AECOM, the design and engineering firm.
“The pandemic revealed a sophisticated consumer base that is willing to pay more for out of home entertainment and experiences. However, consumers also demand more in terms of comfort, ease, quality, and satisfaction,” the report said. “Overall tolerance for big crowds and long waits seems to have gone down.”