I think I'll do so too, but maybe next month. I don't think we've seen the bottom yet.
COVID-19 & Coasters: Coronavirus Impacts on the Amusement Industry
- Thread starter GrandpaD
- Start date
SeaWorld stock was running between $10 and $20 from 2015 through summer 2018 and only went up to the $30 - $35 range from late 2018 until the virus thing started.
Currently it recovered a bit from yesterday and is at about $9 which of course isn't great but not that crazy looking at it in the bigger picture.
Once they push out the April 1st opening date which is very likely to happen they probably will go down some more though.
Currently it recovered a bit from yesterday and is at about $9 which of course isn't great but not that crazy looking at it in the bigger picture.
Once they push out the April 1st opening date which is very likely to happen they probably will go down some more though.
Ace and IAAPA are requesting park goers contact Congress and urge support for the industry and it's employees right now.
While the health of Americans is of utmost importance, and there are multiple causes seeking your help, our friends at IAAPA are encouraging amusement industry supporters to contact their elected officials to protect the jobs and businesses affected by the coronavirus outbreak — which is having an unprecedented impact on the U.S. attractions industry.
In times like these, it is important for Congress to hear from their constituents about the impact that COVID-19 is having on local workers and businesses. Your outreach is critical to help inform policymaking and inspire congressional action.
If so inclined, click the link below to visit the IAAPA action alert page and send a message directly to your U.S. senators and U.S House representatives. Despite some of the verbiage on the page, this is not exclusively for those who operate parks! IAAPA encourages enthusiasts to participate in its grassroots efforts. In fact, those ACE members who were at the ACE Annual Banquet during Coaster Con 42 in Southern California, may recall that in the keynote address, delivered by IAAPA Chief Engagement Officer and Executive Vice President David Mandt, he mentioned the organization's new grassroots action efforts as a way for enthusiasts to get involved.
Your voice is more important now than ever. The action alert will only take a few minutes of your time. It is crucial that you give those few minutes to IAAPA’s effort to get members through this challenging time.
While the health of Americans is of utmost importance, and there are multiple causes seeking your help, our friends at IAAPA are encouraging amusement industry supporters to contact their elected officials to protect the jobs and businesses affected by the coronavirus outbreak — which is having an unprecedented impact on the U.S. attractions industry.
In times like these, it is important for Congress to hear from their constituents about the impact that COVID-19 is having on local workers and businesses. Your outreach is critical to help inform policymaking and inspire congressional action.
If so inclined, click the link below to visit the IAAPA action alert page and send a message directly to your U.S. senators and U.S House representatives. Despite some of the verbiage on the page, this is not exclusively for those who operate parks! IAAPA encourages enthusiasts to participate in its grassroots efforts. In fact, those ACE members who were at the ACE Annual Banquet during Coaster Con 42 in Southern California, may recall that in the keynote address, delivered by IAAPA Chief Engagement Officer and Executive Vice President David Mandt, he mentioned the organization's new grassroots action efforts as a way for enthusiasts to get involved.
Your voice is more important now than ever. The action alert will only take a few minutes of your time. It is crucial that you give those few minutes to IAAPA’s effort to get members through this challenging time.
I really don't mean to be all doom and gloom about it but myself and quite a few other people on this board have no job right now basically. If things don't "go back to normal" by May, who knows what will happen to the parks afterwards.
I mean that in an overall business sense, what will happen to their attendance, their staffing, their overall functionality?
You are potentially looking at the prospect that multiple parks will not be able to recover from this, some may not even reopen. Please, please contact your congressmen/women and senators.
I mean that in an overall business sense, what will happen to their attendance, their staffing, their overall functionality?
You are potentially looking at the prospect that multiple parks will not be able to recover from this, some may not even reopen. Please, please contact your congressmen/women and senators.
So I called my congresswoman, and I expressed that I felt bailing out airlines over entertainment industries felt like a mistake.
I personally expressed the following points:
~Airlines should able to recover as people will always need to travel. Maybe this will grow some homegrown smaller regional airlines like is quite popular in Europe.
~Entertainment industries, amusement parks and theme parks specifically, tend to impact their local economy much larger scale.
~During the Great Recession, the concept of a stay-cation was introduced. If we support the parks industry using bailouts, we will have places to go during stay-cations and can help our local economies recover much fast.
~I reflected specifically in Williamsburg, BGW/WCUSA tends to support the hotel industry, which drives the restaurant industry. It also brings more visitors to Colonial Williamsburg, the Williamsburg Outlets, and possibly Yorktown battlefield. Without BGW/WCUSA it's hard to say the fallout a town like Williamsburg could end up suffering.
I personally expressed the following points:
~Airlines should able to recover as people will always need to travel. Maybe this will grow some homegrown smaller regional airlines like is quite popular in Europe.
~Entertainment industries, amusement parks and theme parks specifically, tend to impact their local economy much larger scale.
~During the Great Recession, the concept of a stay-cation was introduced. If we support the parks industry using bailouts, we will have places to go during stay-cations and can help our local economies recover much fast.
~I reflected specifically in Williamsburg, BGW/WCUSA tends to support the hotel industry, which drives the restaurant industry. It also brings more visitors to Colonial Williamsburg, the Williamsburg Outlets, and possibly Yorktown battlefield. Without BGW/WCUSA it's hard to say the fallout a town like Williamsburg could end up suffering.
While I don't think contacting a congressperson couldn't hurt; I have doubts it would actually help. There are many industries that are suffering. It is not just one isolated industry. Its a vast majority of industries in entertainment, retail, hospitality, food service, etc. Just about everything except essential services is feeling the pain. I think the problem is bigger than just trying to save a few parks.
All of Cedar Fair targeting (for now) mid-May openings...
Cedar Fair parks push reopening to 'mid-May'
www.themeparkinsider.com
While looking at all the viral rude videos and they are old it's still a great marketing idea.
www.blogto.com
Canada's Wonderland is doing virtual roller coaster rides you can take from home
Being in self-isolation just got so much better with a reminder that Canada's Wonderland has been ahead of the online experience trend for years with…
www.blogto.com
Some Japanese parks resuming limited operations while screening guests...
coasterbuzz.com
Some Japanese amusement parks will resume limited operations while screening guests - CoasterBuzz
Only a limited number of outdoor attractions will be open.
coasterbuzz.com
Universal Orlando extends closure amid coronavirus outbreak
Universal Orlando Resort will remain closed through April 19.
www.wesh.com
Universal has officially extended closure
The important part -Universal Orlando extends closure amid coronavirus outbreak
Universal Orlando Resort will remain closed through April 19.
Universal has officially extended closure
There are no grants for theme parks in the stimulus unless they qualify for small business assistance. They can get loans, but that requires paying them back and possibly giving up warrants, stock options, or preferred stock in exchange for them.
Im hearing Disney should be making an anouncement anytime on additional closures. I heard they dont want to follow Universals anouncement and have guests rebook only to have them have to rebook again and again with two week at a time anouncements. Sounds like it could be quite a while.
Yep. But Washington will take care of it's own. Another example of why people are fed up with politicians. 25 million specifically for the JFK center for performing arts in DC. Now I'm OK with helping the arts in this situation, but what bout my local symphony and performing arts center? What about smaller local theater companies like Barter theaterin Abingdon Va? No special treatment for them. Earmarked money that will NOT benefit 99 percent of Americans, that's what we are fighting about.
Please move to politics thread if you feel the need.