- Apr 29, 2016
- 1,953
- 4,876
Extremely rough estimates here, as I'm eyeballing average expenditures by guests. But based on an average nightly attendance of 28k (where 15% are passholders of some kind), and some additional spending estimates, they'll earn $160+ million over 38 days.
Ever additional 1k people a night increases the gross by $50k for the night.
Just from a business point of view, a 60% gross margin seems a little high. I'd put it closer to the 30-45% range. Still a substantial number though.
I don't think any of your earnings numbers look off; but, I'm guessing there are potentially some initial costs that are missed.