How much money does SeaWorld San Diego make?
How much money does SeaWorld San Diego make? SAN DIEGO (KGTV) — SeaWorld Entertainment reported having a record of $390.5 million in revenue during its fourth quarter in 2022, but the City of San Diego says the theme park still owes it millions in missed rent.
Who currently owns SeaWorld?
SeaWorld Parks & Entertainment is a wholly owned subsidiary of SeaWorld Entertainment, Inc., a publicly traded company.
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.
How much does the owner of SeaWorld make?
SeaWorld Entertainment's CEO is Marc Swanson, appointed in Apr 2020, has a tenure of 3.5 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 $6.68M.
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.
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.
Is SeaWorld on the decline?
The decline in attendance at SeaWorld led to a 1.7% drop in quarterly revenue, from $504.8 million in 2022 to $496 million this year, according to the report.
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 ...