Vice President Mike Pence just announced during the daily White House briefing that the Paycheck Protection Program will also apply to seasonal businesses and that more information would be released tonight. Not sure what this will mean for companies like Cedar Fair and Seaworld.
You're right... It's for SMALL businesses...Probably will not apply they will likely be considered to big for it unless I am completely misunderstanding the qualifications.
www.forbes.com
The submission was withdrawn at the request of Dorney Park, to be put up for public discussion. It very likely was delayed due to company strategy changing because of covid-19 delaying the operating season and cutting into revenue.
Sorry @b.mac I wanted to pull my reply over here because it's not Dorney Park specific.
I think we're going to see very very few 2021 projects from parks to keep spending down. I think more likely we will see new guest experiences that parks can do without pouring a ton of money into it.
Which is what Six Flags is doing per my triple tweets earlier in this thread. By what I've been told things will likely just be delayed a year but the sentiments keep changing as time marches on.
err... yeah. Those also are getting cut at Six Flags. I don't know how Cedar Fair is fully responding to the income hit, yet.
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Disney World furloughing 43,000 more workers due to virus
ORLANDO, Fla. (AP) — Walt Disney World plans to stop paying wages to 43,000 workers in about a week while allowing them to keep their benefits for up to a year in what is the largest wave of furlou…www.wavy.com
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