Aerosmith wrote a song about your federal response wish...it's called Dream On.Well, if only we had a federal response to standardize everything . . .
I agree that the federal government had a much bigger role to play than they did and agree that a standard set of protocols might have helped. That being said though, a truly standardized approach across the board, and not based upon the situations on the ground is like the difference between a war game simulation and an actual war. Being able to be flexible in ways to attack this thing is important because a one sized fits all approach doesn’t always address what’s actually going on on the ground.
Depends how much cash they can raise and what their burn rate is. A big signal will be what their operating margins look like at the parks that are open. If those numbers are bad and their EBITDA is negative for those parks, things could go south fast burning through cash with few if any lenders willing to provide them more debt. OTOH, if the open parks margins are high enough, they shouldn’t have problems financing operating costs for the closed parks for a longer period.How long can the park go without opening - if they can't open until 2021 (or can't open without capacity restrictions that put them in the red), how soon before we start worrying that they'd either shutter rides and/or sections of the park, sell rides, or simply close permanently?
How long can the park go without opening - if they can't open until 2021 (or can't open without capacity restrictions that put them in the red), how soon before we start worrying that they'd either shutter rides and/or sections of the park, sell rides, or simply close permanently?
This is a time where if SEAS were a B-Corp, it would be a lot better for the animals and conservation. Unfortunately, SEAS being a C-Corp means profits drive decision making, and if the animals aren’t in the business‘ financial interest, then they will be out the door.I wonder if BGW will ever just cut their losses with the zoological part of the park entirely. It’s clearly not a core part of the park’s business, and with many of the animal attractions already ousted from the park, it’s hardly marketable anymore either. The animals are a lovely part of what makes BGW special, and I’d be sad to see them go, don’t get me wrong. But if the chain is hurting for money, pulling the plug on the already dwindling animal presence at BGW wouldn’t be shocking to me. I’m sure individual guests would be devastated by the loss, but by and large, I don’t think the animals are what bring most guests through the turnstiles, and I don’t think losing the animals would keep most guests from coming.
And yes, I know “conservation” is a core message of SEAS. But what does that really mean? Is every property of the company really obligated to live up to that corporate-level buzzword? I‘d point to Sesame Place and a handful of SEAS water parks as evidence that not every SEAS property has to uphold “conservation” via live animal encounters.
with maintenance furloughed are trains of coasters still sitting on track in the same place since March
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