I could see a time period of memberships/passes purchased pre-COVID-19 are the only ones allowed in the park.
COVID-19’s Impacts on BGW
- Thread starter WDWRLD
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I could see a time period of memberships/passes purchased pre-COVID-19 are the only ones allowed in the park.
If Busch has to wait to open until late summer or fall, then EVERY other business would have had to wait as well. BGW is just as eager to open as Disney, Universal, hell, every amusement park, along with AMC, Regal, all retail stores, and everything that has had to shut down....if we get to that point...does it even matter anymore? Fire sale for BGW??? Fire Sale for the entire market brah...
Those who survive will be those who conserve cash and manage their financials. You want to be JP Morgan, not Bear Stearns or Lehman Brothers; be Ford, not Chrysler; Barnes and Noble, not Borders. There will be big time winners and losers if this goes on long enough.
That doesn't mean they are all in the same financial situation as Sea. Sea has been hit hard over the last few years by Blackfish and may be in weaker state then the others. Also the Animals pose a significant Capitol drain right now. Cedar Fair can pretty much shut down their parks and lay off 95 percent of their work force and go down to almost no exdetures. You can't do that with the animals they are currently bleeding thousands a day caring for them alone with no money coming in except for those that are paying month to month.
Also as far as it effecting others I heard a serious allisist that some one said that there was a 75 percent chance that Regsl might not be around to reopen after their 8 week shutdown based on their pre virus numbers. So yes that is a very real possibility right now for some of these businesses.
I don't see that. Seat people every other car on LNM? Take a look at the idiots jammed into bars tonight...or on the Florida beaches... They obviously don't care about social distancing and it's certainly not enforceable. The only way I can see the park reopening is when the government feels they have a handle on the virus.
You are talking about a 3 month pause on nearly every business...nearly every business will require a bailout at that point. You can't pause the economy for 3 months...let's see how all of those successful businesses you mention would do with a 3 months...#fail #bailout
I could very realistically see a scenario where rides operate at 1/3 to 1/2 capacity to maintain social distance, get wiped down between rides, 1/2 to 2/3 of restaurant seating is removed, and all the lines have 6' spacing between people. You can't do that with 20k+ people in the park. You would have to limit capacity to a few thousand at most all the time. That means time blocks, limited attendance each day, or high priced tickets.
Amazon/Whole Foods is killing it right now. Costco is killing it right now. All the lost restaurant and retail business is going to them. Zoom is killing it, which will come out of a commercial real estate contraction.
There are winners and losers in this pandemic, and they are becoming evident very fast. Entertainment money that goes to theme parks, movies, etc. you could see easily see going towards TV subscriptions, home media centers, video games, and board games.
Not gonna happen. Like I said...we they open everything, then the parks will open. And the longer things stay closed, the less money people will have for discretionary things.
I can't stress this enough. If you can afford to keep paying your membership then don't cancel it. That's the only cash flow that SEAS has and as long as that money keeps coming in it can prolong how long they can last. If everyone cancelled they would run out of money really quick.
Some if those business are killing it NOW but it remains to see how well they will do long term this is going to seriously stress supply and demand especially in the food industry you could seriously start looking st Amazon not having enough to sell after a few weeks. I am not trying to sound like I am saying people don't matter but at some point there will have to be serious talk of how to try to balance the real need to protect people's health with the also real need to make sure that we don't self implode by doing so. Which is not to say that I don't think we are largely doing the right thing now just that I don't see it sustainable for to long and that we have to start talking about mitigating the bad effects of lifting some of these stuff so that we do so in the safest manner possible when we do.
I think that depends. I think there's definitely going to be a group of people who had jobs that basically went away and they will not have a key if money for discretionary things. Then there will be other people who will have money to spend because they have continued to work but they're expenses have decreased significantly. Like myself, I am saving hundreds a week in gas, food and other stuff right now by not needing to drive into work and just staying at home. You can bet that I'll be spending some of that money on a trip when this is all over.
And that's just from what I'll have left over after I donate at least 25% off it to charities that will help people who have not been able to work.
All of your examples speak of today...where they heck does the money that pays for those goods come from if the rest of the economy pauses for three months...the well runs dry my friend, very dry, and those businesses you speak of killing it now (which I agree) won't be killing it then.
Keep in mind, well over 50% of money spent on Amazon, Costco, etc., is used with a personal credit card...those available credit balances will shrink fast, and those companies will start to limit balances FAST, especially if unemployment rises quickly, and those companies start smelling bankruptcies...
I don't think the park would actually require people to stand 6 feet apart. I think they would only have signs. I think the most realistic scenario is that most theme parks open but they limit attendance to an artificial number to keep crowds down.
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All it takes is for one park to be the center of attention for an outbreak...if that happens because they opened...the public outcry right now would cripple that organization. Keep an eye out for what Disney does, especially in regards to middle tier parks, and ones that are publicly traded. If Disney opens, all parks open. Otherwise, it's a game of chess.
I never said when I expected them to open, I do expect that Disney or Universal will likely be the first but I still expect to see limited crowds when that does happen.
Haven't seen this posted anywhere (if it was then sorry for the double post) but this was posted today by a local food bank/shelter.
I saw something on Busch Gardens Tampa’s Twitter about them donating food as well. I think it’s prolly because they had a lot of food that would go bad during the temporary shut down so they donated it.
BGW donates a few times a year after every event because they have extra food that they won't use