The Limited Times

Now you can see non-English news...

The number of visitors to Ocean Park dropped by 36% last year, with an average daily loss of over RMB 1.1 billion

2021-10-27T08:50:35.391Z


The economic situation of the Ocean Park has been unstable in recent years. The Hong Kong government has invested 5.4 billion yuan to "rescue the nation." The park's 2020/2021 business report today (27th) revealed that due to the impact of the epidemic, the number of visitors in the financial year has dropped.


The economic situation of the Ocean Park has been unstable in recent years. The Hong Kong government has invested 5.4 billion yuan to "rescue the nation." The park's 2020/2021 business report today (27th) revealed that due to the impact of the epidemic, the number of visitors in the financial year has dropped to 1.4 million. , Compared with the 2.2 million person-trips in 2019/2020, the average daily person-trip has increased, from 9,734 to 10,526 on a daily basis.


In addition, the revenue of the park dropped 45% to 393.6 million yuan from 717.1 billion yuan a year ago. If the net operating loss before government subsidies is deducted, it was 1.11116 billion yuan.


Ocean Park Hello was cancelled last year due to the outbreak of the epidemic. This year, the epidemic in Hong Kong has eased. It coincides with the 20th anniversary of Hello. Ocean Park will resume the "Hello All Festival" this year. However, it is subject to epidemic prevention measures and does not have a closed ceremony. The haunted house is changed to an open scenic scare game.

(Photo by Zhang Haowei)

The economic situation of Ocean Park has been unstable in recent years. Last year, the Hong Kong and China Government invested 5.4 billion yuan in debt repayment and operating purposes, part of which is the annual operating cost.

According to the park’s 2020/2021 business report today (27th), due to the impact of the epidemic, the Hong Kong government’s restrictions on guest capacity in theme parks, public entertainment venues and food premises, and social distancing have reduced the number of visitors in the fiscal year to 1.4 million. , Compared with 2.2 million in 2019/2020. In addition, the revenue of the park dropped 45% to 393.6 million yuan from 717.1 billion yuan a year ago. If the net operating loss before government subsidies is deducted is 1.1116 billion yuan.

In addition, according to the annual report, in June last year, the park received a subsidy of 3.08 billion yuan from the government, which helped Ocean Park turn a loss into profit. The annual surplus recorded a surplus of 1.92 billion yuan. However, the park’s operating costs have fallen sharply this year. After deducting all expenditures and the government's annual subsidies, there is a total loss of 31.8 million yuan this fiscal year.

In addition, due to the epidemic, the park will be closed for a long time during 2020 and 2021. The 2019/2020 quarter will only open for 226 days with 2.2 million visitors, with an average of 9734 visitors per day. In the 2020/2021 quarter, it will be open for 133 days and 1.4 million people attended the venue, an average of 10,526 people on a daily basis. Referring to the 2018/2019 quarter before the epidemic, there were 5.7 million people who attended the venue annually, that is, 15,600 people attended the venue every day.

+3

The park’s annual report stated that in order to minimize the impact of the epidemic, the company has adopted emergency measures to reduce expenditure, including strict control of operating costs and discretionary expenditures, energy conservation, implementation of unpaid leave arrangements, salary reductions, and freezing of recruitment.

All projects and activities are also implemented in a highly sensitive and flexible mode, so as to respond quickly to market conditions and effectively manage budgets.

In addition, as of June 30, 2021, there are a total of 6,868 animals living in the park. Among them, the giant panda "Xiong Rui" Anan turned 34 in the same month and is currently the world's longest-lived male big panda being cared for by humans.

+5

In addition, Ocean Park carried out prequalification for bidding in August this year. As the first stage of the procurement process, it sought out potential partners to jointly develop the park in a "construction, operation, transfer" (BOT) model.

The second stage of the bidding process will be carried out at the end of this year or early next year, aiming to establish a partnership ecosystem with common concepts in conservation and education, and to implement the park's future strategies.

Huang Sihui, Chief Executive Officer of Ocean Park Corporation, said that even in the face of the continuously difficult operating environment, he still uses creativity, experimenting with new concepts and exploiting the unlimited potential of the park's unique topography to bring visitors a brand new ocean park experience.

01News

Hello, Ocean Park at night, scaring the Chongyang Festival to start the gongs, making ghosts wearing masks, ghost grooms: No hard work policy address│Ocean Park Pier project from next year to promote the promotion of events to help the tourism industry Ocean Park water park opening serious violations of the police issued more than 240 "beef" in consecutive days At the opening of the Ocean Park Water Park, citizens wear masks and wet the slides: Take 10 admissions to Disneyland to promote double play $699 for two admissions to the Ocean Park for $598 for half a year unlimited admissions Ocean Park’s mine rides, jumpers, and windsurfing spaceships The last time you will play in the Ocean Park Water Park when you are in the rain, you must play 3 parent-child fun facilities, play slides, big buckets, and then enter the lazy river

Source: hk1

All news articles on 2021-10-27

You may like

News/Politics 2024-03-14T14:37:18.423Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.