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United Parks & Resorts (PRKS) Stock News, Apr-May 2024

PRKS NYSE

United Parks & Resorts Inc. (PRKS) news centers on the operating performance and guest-facing activity of a theme park and entertainment company whose brands include SeaWorld, Busch Gardens, Aquatica, Discovery Cove and Sesame Place. The company’s updates often connect financial results with attendance, admission per capita, in-park spending, weather effects, holiday timing and international visitation.

PRKS news is also shaped by the park calendar. Company announcements include attraction openings, animal habitat additions, seasonal events, haunted houses, entertainment offerings, ticket promotions, passes and memberships. SeaWorld updates may cover marine-life parks, educational programs, animal encounters and conservation-related themes, while Busch Gardens updates may focus on rides, zoo attractions, special events and park enhancements.

Financial news for United Parks & Resorts commonly includes quarterly earnings releases, conference call information and 8-K filings that furnish operating results. Governance-related items may include annual meeting results, stockholder votes, executive compensation disclosures and other corporate events reported through SEC filings.

Following PRKS news can help readers understand how the company’s park portfolio is performing across admissions, in-park spending and guest engagement. Because the business depends on park visitation and the appeal of new experiences, updates about attractions, events, animal care and operating results are central to the investment story.

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SeaWorld Orlando is celebrating its 60th Anniversary with exciting summer promotions, including free beer for guests 21+ at the Waterway Grill Patio. Visitors can receive one free 7oz beer per visit, with pass members eligible for two. The offer runs until July 26. Additionally, SeaWorld is introducing several new attractions: a 60th Anniversary parade featuring Shamu and Crew, a new cirque-style show called Xceleration, a breakfast event with Shamu, a sea lion presentation, and the 'Ignite Fireworks' show. The park also debuts the new Antarctica Realm on May 25, featuring the Penguin Trek coaster and 'South Pole Sips' bar. Special 60th Anniversary merchandise and food items will be available. The best value is an Annual Pass, offering unlimited visits, free parking, and more.

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The legendary Loch Ness Monster roller coaster reopens at Busch Gardens Williamsburg with a full restoration and exciting new elements. The park celebrates with a Grand Opening Ceremony, featuring new tracks, themed entrance, ride platform, and an all-new soundtrack. Guests can save up to 50% during a flash sale for tickets and memberships. Busch Gardens Members enjoy exclusive benefits, including early ride access and up to $2,355 worth of benefits for 2024.

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United Parks & Resorts Inc. reported record financial results for the first quarter of 2024, with attendance of 3.5 million guests, total revenue of $297.4 million, a net loss of $11.2 million, and adjusted EBITDA of $79.2 million. The company saw improvements in revenue, attendance, and EBITDA compared to the same period in 2023. Despite a slight decrease in per capita spending, the company remains optimistic about future growth, with new attractions planned for 2024.

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SeaWorld is offering discounted Howl-O-Scream event tickets during the Mayhem sale at SeaWorld Orlando and SeaWorld San Diego. Tickets are priced at $38.99 each for a minimum purchase of two and can be used on any event night with no blackout dates. The event promises terrifying haunted houses, scare zones, and frightening shows. Last year's event won USA TODAY's 10Best Readers' Choice Award for the Best Theme Park Halloween Event.

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Busch Gardens Tampa Bay is offering discounted event tickets for Howl-O-Scream during the Mayhem sale, with each ticket priced at $38.99. The event will feature new haunted houses, stage shows, and scare zones, running from September 6 through November 2. Guests can purchase a minimum of two tickets with no blackout dates.

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FAQ

What is the current stock price of United Parks & Resorts (PRKS)?

United Parks & Resorts (PRKS) last closed at $33.95.

What is the market cap of United Parks & Resorts (PRKS)?

The market cap of United Parks & Resorts (PRKS) is approximately $1.5B.