AusLeisure

Macquarie Leisure's two Gold Coast parks, Dreamworld and WhiteWater World, have both reported profit losses for the full-year period ending 30th June 2009.

Dreamworld earned $87.4 million in total revenues, a decline of 4.3% compared to the prior year. Earnings for this period were $31.5 million, a 6.3% loss.

Total attendance for the park dropped 5.1%, however, per capita spending rose 0.9% to $64.87.

WhiteWater World earned a total of $16.2 million in total revenues, which is a decline of 2.6% compared to last yearâs results. Total earnings for the year also fell, with a decline of 5.3% to $7.1 million.

The introduction of the dual park, one and two day World Pass resulted in an attendance increase of 16.5%. However, the World Pass generated lower per capita spending.

Ashley Irvine
ThemeParkNewsDirect

Image: WhiteWater World

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