Latest News

Back to Latest News back

 

Entrance prices at Hong Kong’s Ocean Park rise by 4%

Entrance prices at Hong Kong’s Ocean Park rise by 4%
June 7, 2019

Hong Kong theme park Ocean Park has announced that it is to raise its admission prices by 4% to increase revenue and offset its growing costs.

Despite receiving 5.8 million visitors last year, the popular attraction lost HK$236.5 million (US$30.3 million) last year.

Now an adult ticket costs HK$498 (US$63.50) under the new arrangement, and a child’s ticket will cost HK$249 (US$31.75) - an increase of 3.75%. The price increase will be delayed for Hong Kong residents from 31st August.

With Hong Kong Disneyland also have increased its admission prices, Ocean Park Chairman Leo Kung Lin-cheng said the price rises reflected the company’s increasing costs, explaining “in line with the wider market, the price adjustment is driven by the need to provide financial support for increasing operating costs and necessary capital investments to enhance the guest experience.

Ocean Park’s losses in the last financial year marked its third straight year in the red. It lost HK$234 million (US$29.8 million) in the financial year ending 30th June 2017, following a HK$241 million (US$30.7 million) deficit the year before.

An Ocean Park spokeswoman told the South China Morning Post that mainland tourists accounted for 40% of the entertainment park’s total visitors last year, with locals accounting for another 40% and the rest coming from overseas.

Ocean Park's price rise is in line with its rival Disneyland on Lantau Island, which increased prices by an average of 3% in April.

The Disney park increased admission prices for adults to HK$639 (US$81.4 million), and prices for children to HK$475 (US$60.53 million). Annual passes also got more expensive, with a platinum membership priced at HK$3,599 (US$460), HK$2,059 (US$262) for gold and HK$1,278 (US$162) for silver.

Hong Kong Tourism Association Executive Director Timothy Chui Ting-pong said the extent of the Ocean Park fee rise was acceptable, telling the South China Morning Post “it has been losing money, and the increase is moderate and still bearable for tourists.”

Related Articles

23rd May 2019 - Attendance at the world’s themed attractions exceeds half a billion visits for the first time in history

19th April 2019 - Ed Sheeran’s second Hong Kong concert cancelled due to lightning storm

18th February 2019 - Revenue rises but deficit remains at Ocean Park Hong Kong

20th August 2018 - Hong Kong leisure projects hit by building delays

1st June 2018 - Asian Attractions Expo to present latest industry innovations and trends in Hong Kong

1st March 2018 - Hong Kong’s Ocean Park to get HK$310 million Government bail out

20th February 2018 - Attendances rise but losses double at Hong Kong Disneyland in 2017

18th September 2017 - Ocean Park Hong Kong closes Halloween-themed haunted house after guest death

24th September 2016 - Ocean Park Chief Executive confident of attracting more visitors

10th February 2016 - Dramatic decline in visitation sees Ocean Park lose over a million visitors in 2015


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

 

TJS Services

TJS Services is a leading national facility services provider. We deliver quality cleaning, maintenance, construction and facility management services to over 1,500 sites Australia wide.  Our…

read more

Hospitality / Retail / Venues

 
 

Hadley/Series Australia Pty Ltd

Hadley Australia and Series Australia Pty Ltd are the leading quality theatre chair manufacturers in the southern hemisphere. The businesses work closely with architects, interior designers and…

read more

Arts / Culture / Design / Entertainment / Venues

 
 

HYPOXI Australia Pty Ltd

HYPOXI®  is one of Europe’s most successful health and weight loss studio concepts.  It’s the first weight loss technology to incorporate exercise with advanced vacuum and…

read more

Fitness / Technology / Wellness

 
 

Vticket

Vticket Pty Ltd is the Australian and New Zealand distributor for Gateway Ticketing Systems Inc., the world leader in high-speed access control, admission control and ticketing software for the…

read more

Attractions / Security / Technology / Ticketing / Venues

 
 

PRIAVA

About Priava's Technology -  Priava is a cloud-based and centralised venue and event management system aimed at venues of all sizes. With its familiar and easy-to-use web interface, the…

read more

Attractions / Billing / Entertainment / Events / Technology

 
 

SYNERGY FITNESS

The Calgym/Synergy group has had a long and proud history since 1976 as world leaders in the innovation, design and evolution of commercial strength and conditioning equipment. The Synergy group was…

read more

Fitness / Technology / Wellness

 
 

HRMWEB

At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…

read more

Finance / Fitness / Technology

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business