SeaWorld Entertainment CEO Marc Swanson shared the company’s plans for continued growth and expansion during the company’s Q4 2017 earnings call. Highlights of these plans include: * Continuing to invest in new attractions, including a new roller coaster at its Orlando park and a new animal experience in San Diego * Expanding into new markets, such as China and Germany * Continuing to increase marketing and ticket sales efforts * Continuing to shift its focus away from theatrical performances and towards experiences that can be enjoyed by more people across different age groups
SeaWorld plans to continue growth and expansion
SeaWorld Entertainment Inc. (SEAS) CEO Marc Swanson shared the company’s plans for continued growth and expansion during the company’s third quarter earnings call on Wednesday. The theme park operator said it is looking to open new attractions, increase its attendance, and strengthen its relationships with partners in the entertainment industry. SeaWorld also expects to generate $800 million in revenue by 2020.
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Plans for new theme parks
SeaWorld Entertainment Inc. (SEAS) recently announced their plans for continued growth and expansion, including the development of new theme parks around the world. CEO Marc Swanson shared that the company has a number of projects in the works, but declined to give specifics.
The first planned theme park is slated for construction in China within the next few years, and it will feature an “ecological” theme park experience with marine life from all over the world. The company is also looking into developing additional parks in Europe, Africa, and South America.
SeaWorld Entertainment has been under fire for years from animal rights groups who argue that captive animals should not be used for entertainment purposes. However, Swanson says that attendance at the company’s parks has remained steady despite these criticisms and that people still enjoy going to see different animals in captivity.
Plans for new animal attractions
SeaWorld Entertainment, Inc. plans to continue its growth and expansion by announcing new animal attractions that will join its existing parks in the near future.
With over 20 years of experience in the theme park industry, SeaWorld knows how to provide guests with an unforgettable experience. The company’s new attractions will feature some of the world’s most iconic animals, including a Safari Park themed after Africa and an Amazon Jungle themed attraction.
“We know our guests want more opportunities to see our animals up close and in their natural habitats,” said CEO Marc Swanson. “These new attractions will give them just that, while also providing educational experiences that will help guests learn more about these amazing creatures.”
The Safari Park will include attractions such as a elephant ride and a safari-themed water park where guests can swim with elephants. The Amazon Jungle attraction will include rides such as a zip line and a waterfall ride that visitors can explore from below.
Both attractions are scheduled to open in 2020 at SeaWorld parks across the US and Canada.
Plans for new entertainment experiences
SeaWorld has ambitious plans for continued growth and expansion, with new entertainment experiences planned for all of its parks around the world. CEO Marc Swanson recently shared some details about these plans during a company earnings call, stating that SeaWorld will focus on developing new activities and experiences for guests in both its marine and Theme Parks.
One example of this is SeaWorld’s soon-to-be-opened Antarctica attraction, which looks to be a spectacular way to experience the park’s animals up close. Other ideas under development include an expansion of the popular dolphin show, as well as an entire area themed around Shamu the whale.
These new attractions will help to keep guests entertained while also educating them about sea life and conservation efforts at SeaWorld. It’s clear that SeaWorld is dedicated to providing its guests with an unforgettable experience, no matter where they are in the world.
Plans for new conservation initiatives
As SeaWorld continues to face scrutiny from environmental activists, the company has announced a number of new conservation initiatives. CEO Marc Swanson said that SeaWorld will focus on “helping preserve ocean ecosystems by removing plastic debris and improving waste management.” The company is also working to reduce its carbon footprint, and will increase its sustainability training programs.
SeaWorld Entertainment Inc. (SEAS) said it plans to spend more than $100 million over five years on conservation initiatives, including removing plastic debris and improving waste management at its parks. In a conference call with analysts Wednesday, CEO Marc Swanson said the parks will also focus on reducing their carbon footprints. “We’re going to be investing in things like improving our renewable energy production,” he said.
The developments come as SeaWorld faces increased scrutiny from environmentalists who accuse it of mistreatment of marine mammals and promoting animal exploitation. Earlier this year, the company canceled an orca show at one of its parks after video surfaced showing a trainer pushing an orca into a pool multiple times. The trainer was later fired.
Conclusion
SeaWorld CEO Marc Swanson shared company plans for continued growth and expansion in a recent interview, discussing the company’s plans to open new locations, continue its educational programs, and expand its animal rescue efforts. SeaWorld is committed to providing guests with meaningful experiences that help them understand the importance of conservation. The company believes that by educating people about these issues and engaging them in responsible wildlife tourism, it can play an important role in helping protect animals and their habitats.
