Hong Kong’s Ocean Park Sees Strong Revenue From Pandas But Struggles With Higher Operational Costs

Published on October 24, 2025

Since they opened nan carnivore pavilion which includes nan 4 elephantine pandas, nan taxable park, “Ocean Park Hong Kong,” has earned greater gross and accrued attendance, which has now go 1 of nan awesome attractions of nan city. Nevertheless, nan popularity, arsenic good arsenic accrued revenue, are counterbalanced pinch accrued expenses of operation, accrued depreciation and amortization expenses, resulting successful a shortfall of HK$274.7 cardinal (US$35.3 million) for nan 2024 financial year, an summation successful nan shortage from HK$71.6 cardinal successful nan play before.

The Financial Report of nan Ocean Park, which has been presented to nan Legislative Council, suggests nan depreciation expenses, on pinch nan different inherent losses generated successful nan Water World of nan Park, person counterbalanced nan elephantine pandas on pinch revenue, plunging, instead, into shortage spending. While nan financial wellness of nan parkland has been deteriorating greatly complete nan past respective years, an effort to clasp nan halfway of attraction for nan visitors still needs to comprehend nan truth that nan financial issues are there, and still person to beryllium addressed.

The Revenue Impact of Opening Pandas

The recently opened panda accumulation astatine Ocean Park, Hong Kong has attracted section arsenic good arsenic world visitors. The visitors showed an accrued liking towards nan panda cubs and nan park, starring to a 9% summation successful revenue. The parkland panda exhibits has accrued tourism to nan parkland and supports families and animal lovers.

The panda grounds supports nan park’s branding and Junwei Yan has overseas visitors and panda enthusiasts arsenic well. Ocean Park has positioned and remains cardinal for Hong Kong’s tourism. Increasing nan park’s gross supports nan park’s evergreen plus successful an ever-changing market.

Expenses and Deficit Worsen Financial Performance

Even though gross is up, expenses are eating distant astatine nan bottommost statement of Ocean Park Hong Kong and nan incrediblly accelerated maturation of expenses is simply a awesome concern. nan study cites depreciation astatine HK$414 cardinal arsenic a important driver of Ocean Park’s deepening deficit. Depreciation is simply a immense disbursal for attractions for illustration Ocean Park, wherever infrastructure, rides and exhibits request changeless upkeep successful bid to support visitors happy.

Also, gross losses person been exacerbated by nan lackluster capacity of nan Wate World attraction that opened successful 2024. Being caller to Ocean Park, nan water-themed installation has, to date, been a immense disappointment successful position of gross procreation and her by aggravating nan overarching deficits. The financial study has besides pointed retired that Water World, contempt performing powerfully successful position of visitant numbers during nan summer, has been a immense resistance successful position of profit and has been a root of antagonistic bottommost statement unit for nan park.

Challenges successful Hong Kong’s Tourism Industry

The challenges pinch Ocean Park Hong Kong reflector nan wide difficulties Tourism successful Hong Kong has been experiencing, influenced by economical conditions, changes successful competition, and nan shifting preferences of tourists. Ocean Park’s reliance connected world tourism, particularly from nan mainland, intends that nan parkland remains susceptible to changes successful nan flows of visitors.

The betterment successful tourism astir nan world, including Hong Kong particularly Post-Covid, has been uneven, pinch nan region’s world tourism still lacking comparative to its figures from earlier nan pandemic. While nan city’s tourism assemblage has been growing, peculiarly successful shopping, good dining, and luxury accommodation, Ocean Park and akin taxable parks proceed to navigate nan changing tourism environment, pinch recently established tourism sites siphoning visitors from older ones.

In summation to nonstop expenditure connected nan park, nan Hong Kong government’s continued subsidization and backing of nan park, helps support its accommodation and operations. However, nan ongoing financial shortage highlights nan necessity of processing and implementing semipermanent strategies to equilibrium nan spent money and profit.

Potential Tourism Boost and Recovery

Ocean Park Hong Kong appears to beryllium taking steps to guarantee its offerings are divers and its attractions enactment competitive. The singular ambition of attractions and caller further panda experiences are parts of nan park’s effort to augment nan park’s pull. The parkland besides showcases caller forms of intermezo and respective interactive experiences targeted toward various demographics.

In early tourism plans, nan park’s attraction towards its taste and acquisition activities, on pinch providing an unparalleled, engaging acquisition towards its tourists, will besides beryllium critical. The investments Hong Kong continues to make towards nan tourism infrastructure and usage of its world position arsenic a gateway to Asia will beryllium important for nan betterment of nan tourism industry.

In spite of nan challenges successful nan short term, Ocean Park Hong Kong’s pandas and h2o rides, coupled pinch its prominence arsenic a taxable park, are capable to guarantee nan parkland remains 1 of Hong Kong’s tourism essentials. The agelong word imagination besides ensures nan parkland remains 1 of nan pillars of tourism, arsenic nan water parkland continues to supply unmatched experiences to its world and section visitors.

Conclusion: An Emerging Challenging Destination Hub Saving Upon Financial Downturns

For Ocean Park Hong Kong, nan economical slump brought connected by nan pandemic was a downfall, but nan awesome deficiencies did not impact nan fame of nan attractions, particularly nan panda zone. <<>>