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Orlando Sentinel
Orlando Sentinel
Business
Katie Rice

THE TRUTH ABOUT: Comcast bets on universal theme parks during bullish 2023 0d3e58ea d004 498b 938f dbecf3378d54 - Caught on Camera

Demand for Universal’s U.S. theme parks is not slowing despite economic uncertainty, but parent company Comcast is still looking to recover straggling international guest numbers at these parks as it builds new attractions in Orlando, Florida, the Dallas area and Las Vegas.

Speaking at the Deutsche Bank Investor Conference on Monday, Comcast CFO and Treasurer Jason Armstrong gave an optimistic outlook on Universal’s theme park business in 2023 and mentioned the forthcoming projects, including Universal Orlando’s third theme park, Epic Universe.

The division has had an “exceptional start” in 2023 after the Orlando, Los Angeles and Osaka, Japan, theme parks outpaced pre-pandemic 2019 visitor numbers last year, Armstrong said.

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