Disney Is Still Winning the Theme Park Battle
There's never a dull moment at a theme park, and the same can be said about theme park stocks. Industry leader Disney (NYSE: DIS) competes with Comcast (NASDAQ: CMCSA) and to a lesser extent SeaWorld Entertainment (NYSE: SEAS) on both coasts. And there are plenty of other operators of gated attractions fighting for turnstile clicks.
How is the industry doing as we head into this pivotal summer travel season? The Themed Entertainment Association (TEA) teams up with infrastructure consulting firm AECOM in the springtime of every year to put out their annual global attractions attendance report.
Many of the publicly traded theme park operators don't break out their attendance figures by venue, and Disney doesn't put out a tally of its global turnstile clicks at all. The TEA/AECOM report is a popular way to get an estimate of how the players are doing, and this year's update had a surprise or two up its sleeve.
Source Fool.com
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