Actually I just went back to the post and they’ve been replying to comments as late as yesterday.
COVID-19’s Impacts on BGW
- Thread starter WDWRLD
- Start date
Actually I just went back to the post and they’ve been replying to comments as late as yesterday.
April 1. 0%
Memorial Day 10%
July 4. 25%
Halloscream 50%
Christmastown 75%
30 days after vaccine available. 100%
Memorial Day 10%
July 4. 25%
Halloscream 50%
Christmastown 75%
30 days after vaccine available. 100%
I think if it goes past memorial day there's going to be a pretty substantial chance that the park just never reopens. But I think that @Conan233 was much more realistic in his timeline
I think this may be true for some smaller and more independent regional parks; but I don't see this as a possibility for BGW. Seas is in reasonable financial health and the government will be eventually offering assistance to impacted businesses.
I'm much more worried about parks like:
Kentucky kingdom
Knoebels
Holiday world.
Knoebels and Holiday World I wouldn't be as concerned about as some other smaller parks. I wasn't saying that memorial day was the line of no return. Just that after that point it come increasingly likely. Looking at those percentages I think that it might be more likely that his numbers coincide to the likelihood that the park won't reopen.
Apparently I'm in a pessimistic mood today. I will say that I do think the park will reopen and that it will be at a time where WCUSA will open on time.
If it didn't this season...it will open eventually but perhaps under different ownership. Just being hypothetical, but the coming recession (which I'm sure will happen) will be like an economic forest fire...all the old brush and timber get burned away and new growth magically happens. Maybe some companies consolidate, or perhaps a company doesn't take a big financial hit and starts by buying up another's better inventory. Who knows? But, if it ever came to that drastic a scenario, I'd predict KD would be the one never coming back.
It’s kind of hilarious how everyone tries to be a financial or medical expert in here
Yeah, like some pretend to be a roller coaster expert....
If BGW is open by July 4th one of 2 things will have to happen.
1. We beat this and reverse like China and South Korea. This is looking less likely from what looks like people seemingly not caring about social distancing. What Zachary saw today in an area where community spread is confirmed and how people are gathering at spring break gives me little hope.
2. We end up like Italy with uncontrolled spread and probably end up with 5 million people dead. By July it will be winding down.
What people don't realize is that at the current level of infection is that it will take hundreds of years to go through the population. At 50 percent total infection rate at the end of the outbreak and keeping at no more than 2% at any one time (that's 6 million cases at once for us and still more than we can handle and more percentage than the disaster in Italy currently) each lasting a week during the critical period that makes the outbreak last more or less 6 months.
Day 4 no BGW:
Looked at my beer and a single tear rolled down as I said “On the streets of Dublin”....then promptly turned myself into Finnegan.
Looked at my beer and a single tear rolled down as I said “On the streets of Dublin”....then promptly turned myself into Finnegan.
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Ladies and gents. I don’t have enough of these to make it until July. Maybe June. Fuck this virus.
SEAS's current financial position could probably last them into late summer/fall time before they'll need cash infusions. Depending on what the situation looks like and available capital they may find a white knight or worst case have to get a government bailout. Either of those would end up with shareholders getting a pittance of where they probably came in at - think Bear Stearns type fire sale buyout.
I mean I have a bachelor's degree in finance specializing in Data Analysis. It's pretty much what I do all day every day.
You are right. I was being unnecessarily pessimistic. I was just trying to stress that the park can't last forever operating the way they currently are.
I feel like that's all a little pessimistic. It's far to early to say what everything will look like in even 2 weeks let alone by July.
Wondering if it makes sense to cancel EZ Pay on my Premier membership (beyond first 12 months and now month to month), given that we don't know how long park stays closed. Besides, given where economy is headed, membership prices may need to be greatly reduced to get people back into the park.
Two point on this one we don't know what incentives BGW might offer as a make up for the lost time. I believe they already offered a free month to those that paid out right so quite possibly they will offer those of us that are month to month something in compensation. The other point is right now Sea and Busch need that money for immediate stuff including animal care and paying the employees that they are paying. If you care about the park staying in business after this I would say if it's not a significant burden keep it.
If Busch Gardens has to put caps on the number of attendees to get the park open and maintain social distancing you may see ticket price increase to bludgeon demand a bit and ensure there's enough revenue coming to cover higher operating costs per visitor. Alternatively you could see timed tickets (e.g. 2 or 3 block times each day) or some other limitation method to keep attendance down.