[Ranking] TOP 25 Theme Parks / Hospitality Companies Q3/2023
Intro
The theme park industry is a vital component of the worldwide economy, offering millions of people around the globe a place to escape, unwind, and create lasting memories. As a sub-industry of hospitality, theme parks play a critical role in the travel and tourism sector, attracting visitors from both domestic and international markets.
With their immersive experiences and captivating attractions, theme parks have a profound influence that extends far beyond the boundaries of entertainment. They have a ripple effect across diverse sectors, acting as catalysts for job creation, urban development, and economic growth. From hotel and restaurant operators to transportation and retail businesses, many industries benefit from the presence of theme parks in their vicinity.
The economic magnitude of the theme park industry is staggering. According to recent reports, the global theme park market is projected to reach a value of $70.83 billion by 2027, growing at a compound annual growth rate (CAGR) of 4.6%. This upward trajectory is fueled by increasing disposable incomes, rising consumer spending on leisure activities, and a growing inclination towards experiential entertainment.
In recent years, the theme park industry has witnessed notable trends, breakthroughs, and obstacles that are shaping its future. Advancements in technology have revolutionized the visitor experience, with virtual reality, augmented reality, and interactive elements becoming integral parts of many park attractions. However, the industry also faces challenges such as changing consumer preferences, environmental concerns, and the impact of global events like the COVID-19 pandemic.
The theme park landscape is ever-changing, with companies constantly striving to innovate and adapt to evolving consumer demands. From traditional amusement parks to themed resorts and water parks, the industry offers a diverse range of experiences to cater to different demographics and interests. In this article, we will explore some of the top companies in the theme park sub-industry, examining their strategies, successes, and contributions to this dynamic sector.
Ranking
#25 Everland Resort
Employees: 4.5K
Revenue: 800M$
Website: https://www.everland.com
Description: Everland Resort, headquartered in Yongin, South Korea, is a leading company in the Theme Parks industry. Founded in 1976, the company operates a renowned theme park that attracts millions of visitors each year. With a workforce of approximately 4,500 employees, Everland Resort offers a wide range of entertainment options including thrilling rides, live shows, and various attractions for visitors of all ages. The resort also features a zoo, making it a popular destination for animal lovers. Known for its commitment to creating memorable experiences, Everland Resort generates an impressive revenue of around 800 million US dollars annually, solidifying its position as a key player in the hospitality industry.
#24 Lotte World
Employees: 5K
Revenue: 1B$
Website: https://www.lotteworld.com/Global_eng/Main.asp
Description: Lotte World is a leading player in the theme parks industry, headquartered in Seoul, South Korea. With its flagship park located in Seoul, Lotte World offers a wide range of entertainment options for visitors of all ages. The park features thrilling rides, live shows, parades, and a variety of themed zones, providing a unique and immersive experience. Lotte World is known for its attention to detail and high-quality attractions, ensuring a memorable visit for guests. With a team of approximately 5,000 employees, Lotte World continues to attract millions of visitors each year. In 2019, the company reported an impressive revenue of 1 billion dollars.
#23 Parques Reunidos
Employees: 5K
Revenue: 1B$
Website: https://www.parquesreunidos.com/
Description: Parques Reunidos, headquartered in Madrid, Spain, is a leading operator in the Theme Parks industry. Founded in 1967, the company has established itself as a major player in the hospitality sector, focusing on creating memorable experiences for visitors through its diverse portfolio of theme parks. With over 5,000 employees, Parques Reunidos operates numerous theme parks across Europe, the United States, and Asia-Pacific, attracting millions of visitors annually. The company's parks offer a wide range of attractions, including thrilling rides, live entertainment, and immersive experiences, catering to families, thrill-seekers, and adventure enthusiasts. Parques Reunidos is committed to providing exceptional customer service and continuously investing in new attractions and technological innovations to enhance the visitor experience. With an impressive annual revenue of 1 billion dollars, Parques Reunidos continues to expand its reach and maintain its position as a global leader in the Theme Parks industry.
#22 Cedar Fair, L.P.
Employees: 25K
Revenue: 1B$
Website: https://www.cedarfair.com
Description: Cedar Fair, L.P. is a leading operator in the theme park industry, specializing in the hospitality sector. Headquartered in Sandusky, Ohio, United States, Cedar Fair owns and operates a portfolio of amusement parks and water parks across North America. With a history dating back to 1983, the company has established itself as a prominent player in the industry. Cedar Fair employs approximately 25,000 individuals who work tirelessly to provide memorable experiences for millions of guests. The company generates an impressive annual revenue of 1 billion dollars, showcasing its financial strength and success in the theme park sector.
#21 Village Roadshow Limited
Employees: 5K
Revenue: 1.2B$
Website: https://www.villageroadshow.com.au/
Description: Village Roadshow Limited, headquartered in Gold Coast, Australia, is a leading player in the hospitality industry, specifically operating in the theme parks sector. Founded in 1988, the company has established itself as a prominent name in the entertainment and leisure domain. With a workforce of approximately 5,000 employees, Village Roadshow Limited is focused on providing exceptional experiences to visitors through its various theme parks located in Australia. The company's revenue stands at around 1.2 billion US dollars, reflecting its significant presence and success in the industry. Village Roadshow Limited continues to captivate audiences with its thrilling rides, live shows, and immersive attractions, making it a destination of choice for entertainment enthusiasts.
#20 Hershey Entertainment & Resorts Company
Employees: 5K
Revenue: 1.2B$
Website: https://www.hersheypa.com/
Description: Hershey Entertainment & Resorts Company, headquartered in Hershey, Pennsylvania, is a prominent player in the Theme Parks industry. Established in 1927, the company operates various hospitality establishments, including theme parks, hotels, and entertainment venues. With a dedicated workforce of around 5,000 employees, Hershey Entertainment & Resorts Company generates annual revenue of approximately 1.2 billion US dollars. The company's theme parks offer thrilling rides, family-friendly attractions, and live entertainment, attracting visitors of all ages. Committed to providing exceptional guest experiences, Hershey Entertainment & Resorts Company has become a leading name in the hospitality industry, combining entertainment and relaxation for guests from around the world.
#19 SeaWorld Parks & Entertainment
Employees: 15K
Revenue: 1.3B$
Website: https://seaworldentertainment.com/
Description: SeaWorld Parks & Entertainment, headquartered in Orlando, United States, is a leading company in the hospitality industry, specifically in the theme parks sector. Founded in 1964, the company operates multiple theme parks across North America, offering immersive experiences centered around marine life and entertainment. With approximately 15,000 employees, SeaWorld Parks & Entertainment is dedicated to providing visitors with educational and entertaining experiences that showcase the wonders of the ocean. The company's revenue stands at 1.3 billion US dollars, reflecting its success in attracting visitors through its unique attractions, shows, and exhibits. SeaWorld Parks & Entertainment continues to be a prominent player in the theme park industry, captivating guests of all ages with its commitment to conservation, animal care, and memorable experiences.
#18 Cedar Fair Entertainment Company
Employees: 20K
Revenue: 1.3B$
Website: https://www.cedarfair.com/
Description: Cedar Fair Entertainment Company, headquartered in Sandusky, Ohio, is a leading player in the hospitality industry's theme park sector. Founded in 1983, the company operates a portfolio of amusement parks, water parks, and entertainment venues across North America. With a workforce of approximately 20,000 employees, Cedar Fair is known for its commitment to delivering exceptional guest experiences and thrills. The company's parks offer a wide range of attractions, including roller coasters, live entertainment, immersive themed areas, and family-oriented rides. Cedar Fair generates substantial revenue, with an estimated annual income of 1.3 billion dollars. Through continuous investment in new rides and attractions, Cedar Fair aims to maintain its position as a premier destination for entertainment and leisure in the hospitality industry.
#17 Six Flags Entertainment Corporation
Employees: 26K
Revenue: 1.5B$
Website: https://www.sixflags.com/
Description: Six Flags Entertainment Corporation, headquartered in Grand Prairie, Texas, is a leading operator of theme parks in North America. Founded in 1961, the company has grown to become one of the largest regional amusement park operators in the world. With a portfolio of 27 parks across the United States, Mexico, and Canada, Six Flags offers a wide range of thrilling rides, entertainment shows, and attractions for visitors of all ages. The company's parks are known for their iconic roller coasters, water slides, and themed areas, providing guests with memorable experiences and adrenaline-pumping adventures. With approximately 26,000 employees, Six Flags is dedicated to delivering exceptional hospitality and entertainment to millions of guests each year. In 2019, the company generated approximately 1.5 billion dollars in revenue, solidifying its position as a leader in the theme park industry.
#16 Tokyo Disney Resort
Employees: 10K
Revenue: 1.5B$
Website: https://www.tokyodisneyresort.jp/
Description: Tokyo Disney Resort, located in Tokyo, Japan, is a renowned theme park operator in the hospitality industry. Founded in 1983, the company has established itself as a premier destination for entertainment and leisure activities. With a workforce of approximately 10,000 employees, Tokyo Disney Resort offers a magical experience to millions of visitors each year. The resort features two main parks, Tokyo Disneyland and Tokyo DisneySea, providing a wide range of attractions, shows, and dining options. Tokyo Disney Resort's commitment to exceptional customer service and immersive experiences has contributed to its impressive revenue of 1.5 billion dollars. As a leader in the theme park industry, Tokyo Disney Resort continues to captivate audiences of all ages with its enchanting and unforgettable offerings.
#15 SeaWorld Entertainment, Inc.
Employees: 15K
Revenue: 1.5B$
Website: https://www.seaworldentertainment.com
Description: SeaWorld Entertainment, Inc. is a leading theme park operator in the hospitality industry. Headquartered in Orlando, United States, the company operates theme parks across North America. Founded in 1964, SeaWorld Entertainment has become known for its marine mammal parks, zoological displays, and entertainment attractions. With approximately 15,000 employees, the company offers unique and immersive experiences for visitors of all ages. SeaWorld Entertainment generates an estimated annual revenue of 1.5 billion dollars, contributing to its position as a prominent player in the theme park industry.
#14 Vail Resorts, Inc.
Employees: 10K
Revenue: 1.9B$
Website: https://www.vailresorts.com
Description: Vail Resorts, Inc. is a leading operator in the Hospitality industry, specifically in the Theme Parks sector. Headquartered in Broomfield, United States, the company was founded in 1997. With a workforce of approximately 10,000 employees, Vail Resorts operates several world-class ski resorts and theme parks across North America. The company's portfolio includes iconic destinations such as Vail, Beaver Creek, Breckenridge, and Keystone in Colorado, as well as Park City in Utah. Vail Resorts offers a range of recreational activities including skiing, snowboarding, mountain biking, and hiking, attracting millions of visitors each year. With annual revenue of 1.9 billion dollars, the company continues to expand and innovate in the theme park industry, providing exceptional experiences for guests and driving growth in the hospitality sector.
#13 Oriental Land Co., Ltd.
Employees: 11K
Revenue: 4.5B$
Website: https://www.olc.co.jp/en/
Description: Oriental Land Co., Ltd. is a Japanese company headquartered in Urayasu, Japan. Founded in 1960, the company operates in the Theme Parks industry within the Hospitality sector. With approximately 11,000 employees, Oriental Land Co., Ltd. is one of the leading players in the industry. The company's flagship venture is the Tokyo Disney Resort, which includes Tokyo Disneyland and Tokyo DisneySea. These theme parks attract millions of visitors each year and offer a wide range of entertainment, attractions, and dining options. Oriental Land Co., Ltd. continues to invest in expanding and enhancing its theme park offerings, ensuring a magical and memorable experience for guests from around the world.
#12 Universal Parks & Resorts
Employees: 25K
Revenue: 5B$
Website: https://www.universalparks.com
Description: Universal Parks & Resorts is a leading player in the hospitality industry, specifically in the theme parks sector. Headquartered in Orlando, United States, the company operates a network of iconic theme parks and resorts across North America. With a history dating back to 1912, Universal Parks & Resorts has established itself as a pioneer in the industry, renowned for its innovative attractions and immersive experiences. The company employs approximately 25,000 dedicated individuals who contribute to its success and ensure exceptional guest experiences. Generating an impressive revenue of 5 billion dollars, Universal Parks & Resorts continues to captivate visitors with its world-class entertainment offerings and remains a prominent name in the theme park industry.
#11 Merlin Entertainments PLC
Employees: 28K
Revenue: 5.2B$
Website: https://www.merlinentertainments.biz/
Description: Merlin Entertainments PLC, headquartered in London, United Kingdom, is a leading company in the theme parks industry. Established in 1999, the company operates a wide range of popular theme parks and attractions across the globe. With a workforce of approximately 28,000 employees, Merlin Entertainments PLC offers unique and immersive experiences to millions of visitors each year. The company's diverse portfolio includes renowned brands such as LEGOLAND, Madame Tussauds, SEA LIFE, and The Dungeons. Merlin Entertainments PLC is committed to providing exceptional hospitality and entertainment, delivering thrilling rides, interactive exhibits, and memorable experiences for guests of all ages. With an annual revenue of 5.2 billion dollars, Merlin Entertainments PLC continues to innovate and expand its offerings, delighting visitors with exciting and immersive adventures in the theme parks industry.
#10 Norwegian Cruise Line Holdings Ltd.
Employees: 35K
Revenue: 6.5B$
Website: https://www.nclhltd.com
Description: Norwegian Cruise Line Holdings Ltd. is a leading company in the Hospitality industry, specifically operating in the Theme Parks sector. Headquartered in Miami, United States, the company was founded in 1966. With a workforce of approximately 35,000 employees, Norwegian Cruise Line Holdings Ltd. generates an annual revenue of 6.5 billion US dollars. The company offers a wide range of theme park experiences, providing entertainment and leisure activities to tourists and travelers. With its commitment to providing exceptional guest experiences, Norwegian Cruise Line Holdings Ltd. continues to be a prominent player in the Theme Parks industry.
#9 Caesars Entertainment Corporation
Employees: 65K
Revenue: 8.7B$
Website: https://www.caesars.com/
Description: Caesars Entertainment Corporation is a leading player in the hospitality industry, specifically in the theme parks sector. Headquartered in Las Vegas, United States, the company operates a wide range of entertainment and resort facilities across North America. With a history dating back to 1937, Caesars Entertainment has established itself as a premier destination for tourists and thrill-seekers. The company employs approximately 65,000 individuals who contribute to its success and ensure exceptional guest experiences. Generating an impressive revenue of 8.7 billion dollars, Caesars Entertainment continues to innovate and expand its portfolio of theme parks, providing world-class entertainment options for visitors from around the globe.
#8 Genting Group
Employees: 58K
Revenue: 9.6B$
Website: https://www.genting.com/
Description: Genting Group, headquartered in Kuala Lumpur, Malaysia, is a prominent player in the hospitality industry, particularly in the theme parks sector. Founded in 1965, the company has grown to become one of the largest leisure and entertainment corporations in Asia. With a workforce of approximately 58,000 employees, Genting Group operates various theme parks, offering thrilling attractions and immersive experiences to visitors. The company's flagship theme park, Resorts World Genting, is a renowned destination featuring a wide range of entertainment options, including rides, shows, shopping, and dining. Genting Group's dedication to providing exceptional hospitality and entertainment experiences has contributed to its impressive annual revenue of 9.6 billion US dollars.
#7 Royal Caribbean Cruises Ltd.
Employees: 75K
Revenue: 10.2B$
Website: https://www.royalcaribbean.com
Description: Royal Caribbean Cruises Ltd. operates in the Theme Parks industry under the parent industry of Hospitality. With its headquarters in Miami, United States, the company was founded in 1968. It currently employs approximately 75,000 individuals. The company generates revenue of around 10.2 billion US dollars. Royal Caribbean Cruises Ltd. is a leading player in the theme parks sector, offering a wide range of cruise experiences to travelers worldwide. It operates a fleet of innovative and luxurious cruise ships, providing exceptional entertainment, dining, and leisure options. The company's commitment to delivering unforgettable experiences has made it a popular choice among vacationers seeking adventure and relaxation on the high seas.
#6 MGM Resorts International
Employees: 77K
Revenue: 13.5B$
Website: https://www.mgmresorts.com/
Description: MGM Resorts International, headquartered in Las Vegas, United States, is a prominent player in the Hospitality industry, specifically in the Theme Parks sector. Founded in 1986, the company has grown to employ approximately 77,000 individuals. With a revenue of 13.5 billion dollars, MGM Resorts International operates a range of theme parks that provide unparalleled entertainment experiences to visitors. Their theme parks offer a diverse array of attractions, including thrilling rides, live shows, interactive experiences, and world-class dining options. MGM Resorts International is committed to delivering exceptional hospitality and creating unforgettable memories for guests of all ages. Their dedication to innovation, quality, and customer satisfaction has solidified their position as a leader in the theme park industry.
#5 Las Vegas Sands Corp.
Employees: 50K
Revenue: 14B$
Website: https://www.sands.com
Description: Las Vegas Sands Corp. is a leading company in the Theme Parks industry. Headquartered in Las Vegas, United States, the company operates multiple world-class theme parks and resorts, offering unparalleled entertainment and hospitality experiences. With a history dating back to 1988, Las Vegas Sands Corp. has established itself as a major player in the industry, attracting visitors from around the globe. The company employs approximately 50,000 dedicated individuals who contribute to its success and provide exceptional service to guests. Generating an impressive revenue of 14 billion dollars, Las Vegas Sands Corp. continues to thrive in the highly competitive hospitality sector, delivering unforgettable moments and creating cherished memories for its customers.
#4 Carnival Corporation & Plc
Employees: 98K
Revenue: 20B$
Website: https://www.carnivalcorp.com
Description: Carnival Corporation & Plc, headquartered in Miami, United States, is a leading company in the hospitality industry, specifically in the theme parks sector. Founded in 1972, the company operates a diverse portfolio of cruise lines and cruise-related businesses. With approximately 98,000 employees, Carnival Corporation & Plc offers an exceptional guest experience across its global fleet of cruise ships. The company generates an annual revenue of around 20 billion US dollars, making it one of the largest players in the theme parks industry. Carnival Corporation & Plc continues to innovate and provide unforgettable vacation experiences to millions of guests worldwide.
#3 Samsung C&T Corporation
Employees: 31K
Revenue: 22B$
Website: https://www.samsungcnt.com
Description: Samsung C&T Corporation, headquartered in Seoul, South Korea, is a prominent player in the Theme Parks industry within the broader Hospitality sector. Founded in 1938, Samsung C&T Corporation operates multiple theme parks globally, offering immersive and entertaining experiences to visitors. With a workforce of approximately 31,000 employees, the company has established itself as a leader in this field. Samsung C&T Corporation's theme parks generate significant revenue, with an estimated annual revenue of 22 billion US dollars. By continuously investing in innovation and customer experience, Samsung C&T Corporation remains at the forefront of the theme park industry, providing unforgettable moments for visitors of all ages.
#2 The Walt Disney Company
Employees: 203K
Revenue: 69B$
Website: https://www.disney.com
Description: The Walt Disney Company, headquartered in Burbank, United States, is a major player in the Hospitality industry, specifically in the Theme Parks sector. Founded in 1923, the company operates several iconic theme parks worldwide, including Disneyland Resort in California, Walt Disney World Resort in Florida, and Disneyland Paris. With a whopping 203,000 employees, Disney offers visitors an immersive and magical experience through its theme parks, which feature attractions, entertainment, dining, and accommodations. The company generates a staggering revenue of 69 billion USD, making it one of the leading companies in the theme park industry. Disney's commitment to storytelling, innovation, and customer satisfaction has solidified its position as a global leader in the Hospitality industry.
#1 Comcast Corporation
Employees: 190K
Revenue: 108.9B$
Website: https://corporate.comcast.com/
Description: Comcast Corporation, headquartered in Philadelphia, United States, is a major player in the Theme Parks industry within the broader field of Hospitality. Founded in 1963, Comcast operates several theme parks across the United States, including Universal Studios Hollywood and Universal Orlando Resort. With a workforce of approximately 190,000 employees, Comcast is committed to delivering exceptional experiences to visitors through its theme park offerings. The company generates significant revenue, with reported earnings of 108.9 billion USD. Comcast's expertise in the hospitality sector enables them to provide immersive and entertaining experiences for guests, making them a prominent presence in the theme park industry.
Summary
According to a recent analysis, the top companies in the theme park sub-industry of hospitality have achieved remarkable rankings and significant accomplishments. These companies have consistently attracted millions of visitors each year and generated substantial revenue. The leaders in this sector have successfully created immersive experiences, innovative attractions, and exceptional customer service.
One outstanding finding is that the top theme park companies have continually invested in new technologies and attractions to enhance visitor experiences. They have embraced virtual reality, augmented reality, and interactive elements to create unique and memorable moments for their guests. Additionally, these companies have focused on sustainability and environmental initiatives, implementing measures to reduce their carbon footprint and promote eco-friendly practices.
Among the premier companies in the theme park sub-industry are globally recognized brands such as Disney, Universal Studios, and Six Flags. These companies have established themselves as leaders in the industry, attracting visitors from all over the world. They offer a wide range of entertainment options, including thrilling rides, live shows, and themed areas that cater to diverse audiences.
The success of these leading theme park companies can be attributed to their strong focus on customer satisfaction. They prioritize creating magical and immersive experiences that leave a lasting impression on visitors. This includes meticulous attention to detail in their theming, exceptional customer service, and continuous innovation to stay ahead of the competition.
What sets these eminent theme park companies apart from their rivals is their ability to create a sense of wonder and escapism. They excel in storytelling, utilizing iconic characters and beloved franchises to transport visitors to different worlds. Moreover, these companies have successfully expanded their offerings beyond traditional theme parks, incorporating water parks, hotels, resorts, and other entertainment venues into their portfolios.