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Posted By Ken Storey on Wed, Jun 9, 2021 at 10:09 AM click to enlarge Photo via Visit Orlando Manta at SeaWorld Orlando. This photo was taken prior to the pandemic. After having the interim dropped from his title last month, SeaWorld’s new CEO Marc Swanson wasted no time on layout his plans. Swanson, who has been with SeaWorld Parks and Entertainment since 2004, had two terms as the company’s interim leader, with the most recent lasting a year before the company tapped him to take over permanently. The one-two punch of the
Blackfish documentary and the Wizarding World opening at Islands of Adventure caused the Orlando-based company to go into a tailspin. Major attendance declines paired with quickly shifting
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SeaWorld Entertainment’s interim CEO for the last year, Marc Swanson, was named Wednesday to lead the company on a permanent basis as it navigates its recovery from a pandemic that devastated its theme park business.
The appointment by the board of directors came on the same day that the Orlando-based company released its first-quarter earnings report, which shows a steadily improving outlook since mid-March of last year when all 12 parks were shut down due to the widening coronavirus contagion.
While overall attendance remains down, the 4.5 percent drop compared to the first quarter of 2020 was a marked improvement from the previous two quarters when visitation plunged by double digits. Compared with its pre-pandemic results for the first three months of 2019, the attendance of 2.2 million during the same period this year was down by 34 percent, SeaWorld reported.
social media service out there. lori: you heard lauren give us an outlook on the disappointing news. phil flynn is in the pits of the cme with more for us. we saw one of the biggest spreads in history. today it looks like that investors are screaming uncle. we have the biggest jump in etf buying. it looks like the investors worried about rising interest rates, uncertainty about the econ big names. the john paulson, the george soros. they were buying basically gold miners. they are doing really good. lori: a double bottom. is that what we have seen in gold lately? everybody was bearish. you could not find one bullish story out there. certainly enough, that was the date they put in the low. lori: a lot of traders are looking back at the gulf of mexico. i hate to bring this up. another storm system that could turn into something. traders are watching it. lori: phil flynn of price futures group. thank you. melissa: although the oil cartel is expected to keep output steady