Trying to stay afloat
SeaWorld announced it was taking new measures to stay afloat during the parks closure including the good news that the company secured $227.5 million in loans, according to an SEC filing. With this new cash-raising loan SeaWorld had said it officially has enough cash to survive through to 2021, even if the worst case scenario happened and its theme parks couldn't reopen at all in 2020. This came as very positive news from where SeaWorld appeared to be in April.
With SeaWorld Orlando now open again, as of June 11, and despite reports of a rough reopening day, we are hoping SeaWorld can get back on track as soon as it can. As I said earlier liens are not unusual for theme parks so hopefully good news is on the horizon for SeaWorld Orlando.
2020 was set to be a massive year for SeaWorld parks with a number of new attractions opening, the biggest being the Ice Breaker roller coaster, which this lien has been brought against. Icebreaker is a launch coaster and is fully built with its trains placed on the track. It was supposed to open sometime this spring. We are still waiting for official news on when this blockbuster ride will actually open.
It has unfortunately seemed to be one thing after the other for SeaWorld parks over the last year. Let's hope SeaWorld can get its finances in order and pay the construction company what it owes and then can finally get back on track as quickly as it can. I am sure theme park fans can't wait to have the opportunity to finally ride Icebreaker, and hear positive news from SeaWorld.
Check out our News Page and Facebook Page daily to keep up to date with all the latest announcements from SeaWorld Orlando, SeaWorld San Diego as well as Walt Disney World, Universal Orlando, Busch Gardens Tampa Bay, Disneyland and all the other parks from the US, UK and around the world.
During a time when your favourite theme park isn't quite reopen yet or at a time when you feel unable to visit for any number of reasons, if you fancy a chilled few minutes be sure to read one of our many new featured articles below:
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