Business Professor Provides Analysis on Halloween Horror Nights in Orlando Business Journal
Marc Sardy, an associate professor of finance at Rollins College, provided expert analysis to the Orlando Business Journal on the growth of Universal Orlando’s Halloween Horror Nights.
By Jo Marie Hebeler
September 01, 2026
Universal Orlando launched its 35th annual Halloween Horror Nights on Aug. 28, marking the growth of a seasonal event that began as a three-night festival called Fright Nights in 1991 into a major global attraction.
Running across 49 select nights through Nov. 1, this year's lineup features 10 haunted houses, four scare zones, and two live shows. The event combines original concepts with prominent intellectual properties, including intellectual properties such as "Hellraiser," "Sinners," and "Stranger Things."
Industry experts note that the multi-week event serves a critical economic purpose for theme parks during what is traditionally a slow period for travel. As children return to school in the late summer and early fall, tourism typically drops before picking up again for the winter holidays.
Sardy observed that typical family visitors often delay their travel plans until vacation time around Christmas. Consequently, theme parks frequently face the need to reduce operating hours and staffing levels to maintain economic viability during the shoulder season. Sardy noted that introducing the evening Halloween event has grown into an attraction that generates even more interest than daytime park operations.
Former Universal executives have previously described the separately ticketed, after-hours event as a vital revenue generator that functions like a "13th month" of business. Creating the immersive experience requires year-round planning and execution, with Universal hiring more than 1,000 employees to design, build, and produce the event annually.
Theme park industry representatives emphasize that guest expectations have shifted toward higher levels of detail and immersion, requiring operators to continually reinvent their storytelling to maintain annual repeat visitation. Halloween has become the second-largest commercial holiday in the United States, cementing seasonal events as a core element of theme park business strategy.
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