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United Parks & Resorts Inc. (formerly SeaWorld Entertainment Inc. [3] or SeaWorld Parks & Entertainment) is an American theme park and entertainment company headquartered in Orlando, Florida. [4] The company owns and operates twelve recreational destinations in the United States, including eight theme parks and four water parks .
The company was renamed SeaWorld Parks & Entertainment in December 2009. [21] In 2013, Blackstone sold 37% of SEAS in an initial public offering. [22] In 2016, SeaWorld admitted that it had been sending its employees to pose as activists to spy on animal rights organization PETA. [23]
SeaWorld Entertainment permanently laid off nearly 1,900 of its already furloughed employees this month at three of its Florida parks, part of the fallout from the coronavirus pandemic.
Over 320 employees will be let go across SeaWorld’s 12 parks, which include Busch Gardens and Sesame Place.
Joel Manby is the former CEO of SeaWorld Parks & Entertainment and former President and Chief Executive Officer of Herschend Family Entertainment, [1] the largest family-owned theme park corporation in the United States.
Earlier this month, SeaWorld reported a 95% loss in revenue for the second quarter compared with the same time a year ago, and a substantial decrease in attendance at its theme parks.
SeaWorld Entertainment purchased one of the Cedar Fair-owned "Knott's Soak City" water parks in late 2012. In 2013, the water park was opened as Aquatica San Diego. [1] [37] [38] The park is located approximately 23 mi (37 km) southeast of its sister SeaWorld park, in Chula Vista, California. The park features 26 slides.
High inflation rates and slower economic growth will weigh on operating performance in the near term, but further improvements in attendance toward pre-pandemic levels is likely to support ...