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United Parks & Resorts (NYSE: PRKS) reported its Q4 and fiscal 2024 results, showing mixed performance. Q4 attendance decreased by 79,000 to 4.9 million guests, with total revenue declining 1.2% to $384.4 million. Net income fell by $12.2 million to $27.9 million.
For fiscal 2024, attendance slightly decreased by 0.3% to 21.5 million guests, while total revenue dipped 0.1% to $1,725.3 million. Net income decreased 2.9% to $227.5 million. The company achieved record in-park per capita spending of $36.46 and total revenue per capita of $80.07.
Weather significantly impacted results, with Hurricanes Debby, Helene, and Milton affecting approximately 432,000 guests throughout the year. The company completed a significant share repurchase program, buying back 9.4 million shares (15% of outstanding) for $482.9 million, and refinanced Term Loans resulting in $8 million annual interest savings.
SeaWorld San Diego has announced March 15 as the opening date for its new Jewels of the Sea: The Jellyfish Experience, with Annual Pass Members getting early preview access. The attraction, first of its kind at any SeaWorld park, features three unique galleries: Realm of Jellies, The Jellyfish Passage, and Medusa Gallery.
The exhibit includes one of the largest jelly cylinders in the country, a walk-through living archway filled with jellyfish, and an immersive LED room. Visitors can observe various species including moon jellies, pacific sea nettles, and upside-down jellyfish. The attraction showcases SeaWorld's conservation-focused jellyfish propagation program and offers an exclusive Jelly Up-Close Tour led by expert aquarists.
For a time, guests can purchase an Annual Pass and receive a free upgrade to the next tier, including unlimited visits and exclusive event access with no blockout dates.
SeaWorld Orlando announces expanded Seven Seas Food Festival with new performers and the return of Mardi Gras celebrations. The festival features an enhanced concert lineup with performances on Fridays, Saturdays, and Sundays at Bayside Stadium, including artists like Shaggy, ZZ Top, and The Commodores.
The Mardi Gras festivities will run on select dates from February 27 to March 9, transforming Wild Arctic Plaza into a New Orleans-style celebration with parades, street parties, and live jazz music. The event introduces new culinary offerings including King Cake Cupcake and Boudin Balls.
Visitors can purchase a 10-sample tasting lanyard for $75 or a 15-sample option for $90, with Pass Members eligible for 18 samples at the 15-sample price. The 2025 Fun Card, priced at $136.99, offers park admission through December 31, 2025, while Annual Pass holders can save up to 20% with additional benefits.
SeaWorld San Diego has announced its 2025 Summer Spectacular Concert Series lineup, featuring performances by iconic R&B, hip-hop, and rap artists from the '90s and early 2000s. The concert series will run every Saturday night from June 21 to August 23 at the Bayside Amphitheater.
The lineup includes renowned artists such as Soulja Boy, Bow Wow, Baby Bash, Waka Flocka Flame, and Yin Yang Twins. The series will also feature special events like the I Love the 90's Tour and Turnt Up Tour. All concerts are included with park admission, with options for premium reserved seating upgrades.
SeaWorld is offering Annual Pass Memberships starting at $13.50 monthly, providing unlimited park access, free parking, guest tickets, and exclusive benefits. Pass Members will also get early access to the new Jewels of the Sea: The Jellyfish Experience exhibit in Spring 2025.
United Parks & Resorts (NYSE: PRKS) has announced it will release its fourth quarter and fiscal 2024 financial results before market opening on Wednesday, February 26, 2025. The company will host a conference call and live webcast at 9 a.m. Eastern Time on the same day.
For those unable to attend the live event, a replay will be available from approximately 12 p.m. Eastern Time on February 26, 2025, through 11:59 p.m. Eastern Time on March 5, 2025. The replay can be accessed through the company's website or by phone using specific dial-in numbers for U.S., Canadian, and international callers with conference code 3528077.
Busch Gardens Tampa Bay has unveiled new details about Wild Oasis, set to open in Spring 2025 as North America's most immersive kid-friendly adventure realm. The expansion, located in the Jungala area, will feature Habitat Hideaway, introducing new animals including capybaras, giant anteaters, squirrel monkeys, and tropical birds to the park's existing collection of over 200 species.
Key attractions include the Tree Top Drop, a 35-foot drop tower with multimedia jungle scenes, and the Canopy Climb featuring four levels of climbing structures with 200 feet of horizontal trails reaching 45 feet high. The realm will also include Enchanted Falls, an interactive splash pad, and Rainforest Quest, a self-guided educational scavenger hunt.
Annual Pass Members will receive exclusive first access before the public opening, with passes starting at $15.75 per month, including benefits like free guest tickets, parking, and special savings.
SeaWorld has announced its Spring 2025 lineup of new attractions across its parks. SeaWorld Orlando will introduce a revolutionary immersive Arctic experience with a 39-inch minimum height requirement, featuring encounters with marine life like humpback whales and orcas. SeaWorld San Diego will unveil 'Jewels of the Sea: A Jellyfish Experience,' featuring a 14-foot-tall jelly cylinder and interactive galleries, alongside plans to reinvent the Journey to Atlantis coaster with new visual effects and show elements. SeaWorld San Antonio will launch the Rescue Jr. hub, an interactive zone focused on animal rescue education, including the 1,000-foot Beach Rescue Racer coaster and various themed rides.
Pass members will get exclusive early access to all new attractions before they open to the public. CEO Marc Swanson emphasized these family-friendly attractions will create lifelong memories while educating visitors about marine life protection.
Busch Gardens has announced its Spring 2025 attractions lineup for Tampa Bay and Williamsburg parks. The highlight at Busch Gardens Williamsburg is 'Return of the Wolf,' North America's longest inverted family coaster, spanning 2,500 feet of track with speeds up to 40 mph. This attraction pays homage to the iconic Big Bad Wolf coaster that operated from 1984 to 2009.
Busch Gardens Tampa Bay will introduce 'Wild Oasis,' North America's most immersive adventure realm, featuring a reimagined drop tower, interactive water-play area, multi-level climbing canopy, and new multi-species animal habitat. Located in the Jungala area, it promises engagement for all family members.
2025 Annual Pass Members will get exclusive early access to these attractions before they open to the public, alongside access to events like Food & Wine Festival, Howl-O-Scream, and Christmas Town.
C3, a CPG and culinary brands company led by Sam Nazarian, has announced a new collaboration with United Parks & Resorts (NYSE: PRKS), launching with TOMA at Busch Gardens Tampa Bay. TOMA, a Latin American cuisine brand by Sofia Vergara and Manolo Gonzalez Vergara, debuted during Howl-O-Scream and continues through Christmas Town until January 5.
The partnership aims to introduce C3's premium brands across United Parks' portfolio nationwide, offering elevated, chef-driven culinary options in a grab-and-go format. This collaboration allows C3 to reach new demographics while providing park visitors with diverse dining options between attractions. C3's brand portfolio includes Umami Burger, Krispy Rice, Sam's Crispy Chicken, and various other culinary concepts.
United Parks & Resorts Inc. (NYSE: PRKS) reported Q3 2024 financial results with attendance of 7.0 million guests, down 1.4% from Q3 2023. Total revenue was $545.9 million, decreasing 0.4%, while net income fell 3.1% to $119.7 million. The company achieved record in-park per capita spending of $35.42, up 1.6%. Results were impacted by hurricanes Debby and Helene. For the first nine months of 2024, total revenue reached a record $1,340.9 million, up 0.2%, with net income increasing 2.8% to $199.6 million. The company repurchased 4.1 million shares for $211.7 million in Q3 and increased its revolving credit facility from $390 million to $700 million.