Does SeaWorld still make a profit?
Does SeaWorld still make a profit? Fourth Quarter 2022 Results In the fourth quarter of 2022, the Company hosted approximately 4.9 million guests, generated record total revenues of $390.5 million, net income of $49.0 million, the second highest for the Company, and record Adjusted EBITDA of $153.7 million.
How much does SeaWorld CEO make?
SeaWorld Entertainment's CEO is Marc Swanson, appointed in Apr 2020, has a tenure of 3.58 years. total yearly compensation is $1.14M, comprised of 39.6% salary and 60.4% bonuses, including company stock and options. directly owns 0.23% of the company's shares, worth $6.60M.
Is SeaWorld in debt?
SeaWorld Drowning In $12 Million of Debt, Theme Park Hit With Legal Action. After a lengthy legal debate, SeaWorld has officially been sued by the City of San Diego. SeaWorld may be one of the biggest theme park operators in the world, but it's faced plenty of backlash over the past few years.
What does SeaWorld do with their money?
SeaWorld protects animals across the globe, and the SeaWorld & Busch Gardens Conservation Fund is an important part of those efforts. The Fund has granted more than $14 million to over 1,000 projects in 60 countries and on all seven continents around the world.
What companies are against SeaWorld?
Taking action for animals trapped at SeaWorld has never been easier. Dozens of businesses—including JetBlue, Mattel, Mott's, Southwest Airlines, STA Travel, and Taco Bell—have severed ties with SeaWorld, yet companies such as AAA and Adventure Student Travel have refused to do the right thing.
What is the controversy about SeaWorld?
A former trainer says animal abuse was common at SeaWorld. His colleague, Dawn Brancheau, was killed by Tilikum, a male orca who spent most of his life at SeaWorld and became famous from the 2013 documentary Blackfish.
Why are people boycotting SeaWorld?
PETA notes that “dolphins [at SeaWorld] are being impregnated, sometimes forcefully after being drugged.” Even moreso, PETA highlights how although orca whales generally stick within their pods their whole lifetime in the wild, “SeaWorld transfers orcas between facilities to regularly 'balance' the genetic pool of ...
Is SeaWorld attendance declining?
The company has revealed that SeaWorld parks received 6.1 million visitors in Q2 2023, a decrease of 125,000 guests when compared to the same period last year.
Why is SeaWorld going cashless?
In a post on its website, SeaWorld says they believe going cashless is faster and more secure. The post also states it's a simple, efficient and flexible way of enjoying their parks. This means guests will have to swipe or tap their credit or debit card at restaurants, stores, ticket windows and parking.