 Orlando-based marine theme park operator SeaWorld Entertainment Inc. (NYSE: SEAS) said in an SEC filing on March 27 that it temporarily will furlough 90% of its workforce companywide as of April 1.
The workers will not receive compensation during the furlough period. The company said the length of time for the furlough is unknown. SeaWorld temporarily closed up its theme park operations in mid-March as many other major theme park companies also began to shutter due to the catastrophic impact the coronavirus has had on the tourism industry. FULL STORY
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 ORLANDO, FL
While the theme park world has been rattled with sudden closures, Universal Parks and Resorts are continuing to look towards the future. While many of their theme parks are closed worldwide, construction has not stopped. Today we look at the work on the rumored high-speed “Velocicoaster” coming to the Jurassic Park area of Universal’s Islands of Adventure. FULL STORY  With parks closed across the country and employees needing to be paid even though there's no money coming in, should the theme park industry get a public bailout?
Industry association IAAPA has asked Congress for relief in the form of "a $250 billion Travel Workforce Stabilization Fund within the Department of Treasury for travel related industries, including $150 billion in direct grants, and $100 billion in unsecured, no-interest loans." SeaWorld today tweeted asking the public to ask Congress to support the theme park industry. FULL STORY  Getting your adrenaline rush on Cedar Point’s iconic roller coasters will have to wait a bit longer this year.
Both Cedar Point and Kings Island have announced the opening of their 2020 season will be postponed due to concerns surrounding the spread of coronavirus. Cedar Point was initially scheduled to kick off their 150th anniversary season on Saturday, May 9, while Kings Island -- which is preparing to debut its new Orion roller coaster -- was slated to open Saturday, April 11. Although no official opening date was given for either park, officials are hopeful both properties will open by "mid-May or as soon thereafter as possible." FULL STORY  If you’re looking for a fun, creative way to add some Disney magic to your day, we’re sharing something special – a complete series of how-to tutorials on drawing Mickey Mouse through the years.
Disney cast member Stephen Ketchum has been drawing Mickey at Disney Parks for years and has expert tips for artists of all skill levels. While the parks remain temporarily closed, we’ve combined Stephen’s best Mickey tutorials and the collection includes learning to draw a vintage 1920’s Mickey as well as lessons on creating more contemporary and whimsical “pied-eyed” versions you’ll want to show your friends and family. FULL STORY  DENVER, CO
Denver’s Elitch Gardens Theme and Water Park has received $124.6M in refinancing. The refinancing was announced by JLL Capital Markets, which arranged it on behalf of the borrowers, Kroenke Sports and Entertainment and Revesco Properties. The five-year loan is with Pacific Western Bank. Per JLL, the loan proceeds will be used to fund pre-development work for the massive revamp planned in the area, and will retire existing debt. FULL STORY  SIOUX FALLS, SD
Commissioners on Tuesday upheld a decision to give Wild Water West the go-ahead to build a roller coaster. Wild Water West was in front of the county planning commission in February, and the board recommended approval. The planning commission's decision was appealed by a resident and nearby business owner Josh Nelson who had concerns regarding decibel level at the property line, which brought the request to the full commission. Nelson, an owner of Blue Haven Barn and Gardens, told commissioners he wasn't opposed to the roller coaster, but he was concerned about the potential noise level construction and the coaster itself would bring, and how it would impact events at the venue. FULL STORY  ELYSBURG, PA
Blair Faust started working at Knoebels Amusement Resort at age 17 in various roles in building material and retail.Thirty-six years later, the 53-year-old man from Stonington is the director of resort operations, in charge of the Knoebel Lumber, Lake Glory Campground and the Three Ponds Golf Club. The lumber part of the business supplies all the material for the park's projects as well as contracted jobs for homeowners, business owners and professional builders. FULL STORY  MONTICELLO, IN
The White County Commissioners passed a resolution Tuesday night to offer up to $3 million in incentives for any potential buyer of Indiana Beach. The incentives would come from the county’s Wind Farm Economic Development Fund — minus any funds that would be contributed by the Indiana Economic Development Corporation. FULL STORY HOW DISNEY’S FIRST-EVER MARVEL LAND IS NOTHING LIKE STAR WARS: GALAXY’S EDGE (BEYOND THE OBVIOUS)3/17/2020  ANAHEIM, CA
Within less than two years, Disney Parks will have unleashed two major lands based on what are arguably The Walt Disney Company’s largest franchises. Star Wars: Galaxy’s Edge, a 14-acre expansion to both Disney’s Hollywood Studios in Florida and Disneyland Park in California, opened in phases starting last year; while Avengers Campus, due to Disney California Adventure in July 2020, is just now revealing what it will contain. The debut of these two expanses, both inextricably tied to their own worlds of films, television, and published media, and owned by the same organization and built at the same theme park resort, would leave some to expect a number of similarities. In actuality, Avengers Campus and Galaxy’s Edge are poised to be unbelievably different. (Ed. note: Disneyland’s theme parks are currently closed for COVID-19 prevention and currently slated to reopen in April.) FULL STORY |
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