Marc Swanson, SeaWorld’s CEO, recently talked about the company’s financial standings for the first quarter of 2021. He noted that the results were good even with the presence of the COVID-19 pandemic. That provided the management with great hopes for succeeding during the hard times.
According to the CEO, 2019’s first-quarter financial records had significantly improved compared to those of the similar period of 2021. He also noted that the great success came from the firm’s management using adequate strategies that would help the business to continue even during the pandemic. The administration introduced new prices and plans, which enabled the parks to get more guests who spent more whenever they visited.
In the first quarter of 2021, the firm launched more event days for the visitors in different company’s parks and established new parks. That introduced new ways for the firm to earn more revenue. SeaWorld’s CEO noted that there was an improvement in the number of people visiting the parks. Some of them got full within that period.
He also said that more people would have been visiting the parks if they hadn’t restricted the number of visitors, and the rest were still operating. There were more visitors in the various SeaWorld parks in 2021 than in 2019. The park’s management felt encouraged by the number of people who visited them and looked forward to better business opportunities during summer.
Marc hopes that there will be regular business operations at the parks as other places keep opening up. The SeaWorld management notes that although there have been several changes in the parks, it is possible to find other services to help the firm grow. Marc Swanson said that the management was looking for ways of doing business in the new normal, and the company will go back to its good old days.
More information: https://www.seaworldinvestors.com/investor-relations/default.aspx