Epic’s ticket sales, hotel bookings strong, Comcast leaders say
Ticket sales for Epic Universe theme park and related hotel bookings are “a little ahead of our expectations,” Comcast Corp. president Mike Cavanagh said during the company’s quarterly earnings call this week. The resort is well-positioned, officials said, despite reports of international travel anxiety.
Comcast is the parent company of Universal Orlando, which is adding Epic to its lineup. The theme park’s grand opening is set for May 22.
“We have seen strong demand since launching Epic ticket sales in the fourth quarter of 2024, and the most recent reaction to early previews has been nothing short of phenomenal,” Cavanagh said.
Epic Universe preview: An early walk (and rides) in the park
Comcast’s theme park revenue was down 5.2% for the first quarter from a year earlier, and operating expenses were up 7.5%. In the ramp-up to Epic’s opening there were about $100 million in incremental costs, as anticipated, chief financial officer Jason Armstrong said.
“Looking past these pre-opening costs, underlying results in the quarter indicated stable trends in Orlando, giving us confidence that we are entering the Epic launch from a position of strength,” Armstrong said.