Theme park revenues take a dive as inflation, high costs bite
Posted on AllSides August 14th, 2024
From The Right
Some of the top theme park operators in the U.S. have seen a drop in revenue as family budgets continue to be stretched amid high inflation and rising costs. Disney, Universal and Six Flags have all reported lower second-quarter earnings for their theme parks this year. It marks a roller coaster few years for the industry following a surge in visitors after the pandemic. As well as high costs for families, operators say Americans have begun to favor international trips and cruises over parks given the strength of the dollar....