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United Parks & Resorts Inc. - SEAS STOCK NEWS

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United Parks & Resorts Inc. (NYSE: SEAS), formerly known as SeaWorld Entertainment Inc., is a leading theme park and entertainment company with a rich legacy spanning over 60 years. The company operates a diversified portfolio of 13 destination and regional theme parks across the United States and Abu Dhabi, including well-known brands such as SeaWorld, Busch Gardens, Discovery Cove, Sesame Place, Water Country USA, Adventure Island, and Aquatica.

Founded in 1959, United Parks & Resorts has been at the forefront of creating innovative entertainment experiences that blend imagination with nature. The company’s parks offer guests a variety of up-close animal encounters, thrilling rides, and spectacular shows, attracting millions of visitors each year.

United Parks & Resorts is globally recognized for its commitment to animal welfare, training, and conservation. The company operates one of the world's foremost zoological organizations and has rescued over 40,000 animals in need. Its efforts in animal rescue, rehabilitation, and conservation extend beyond its parks, demonstrating a deep commitment to protecting the natural world.

In addition to its theme parks, United Parks & Resorts has expanded its reach into media and entertainment platforms, connecting people to nature through television, digital media, and licensed consumer products. The company's strategic growth initiatives include plans for hotels, international expansion, and enhanced digital engagement.

Despite challenges such as adverse weather and the impact of the global COVID-19 pandemic, United Parks & Resorts continues to show resilience and strong financial performance. The company is focused on cost management, strategic pricing, and enhancing the guest experience to drive revenue and profitability.

Recent achievements include the successful rehabilitation and release of manatees, the hatching of an endangered Emperor penguin chick, and the introduction of new attractions and events. The company also announced a name change from SeaWorld Entertainment Inc. to United Parks & Resorts Inc. in February 2024, reflecting its diverse array of park brands.

For the latest financial results, strategic updates, and news, shareholders and prospective investors can visit United Parks & Resorts Investors.

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SeaWorld, DHL Express, and the Columbus Zoo have collaborated to rehabilitate four rescued manatees. The manatees were transported from SeaWorld's facility in Orlando to the Columbus Zoo in Ohio, providing space for new critical care intakes at SeaWorld amid a record number of manatee rescues. This partnership highlights the importance of animal welfare and the logistics involved in animal transport. Since 1976, SeaWorld has rehabilitated over 1,300 manatees, addressing the challenges posed by the Unusual Mortality Event affecting the species.

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SeaWorld has launched the annual Inside Look program, allowing guests to explore behind-the-scenes animal care at its parks in Orlando, San Antonio, and San Diego. Running on select weekends in January, the program is included in regular park admission. Guests will engage with animal care specialists and learn about marine mammal care, rescue efforts, veterinary science, and feeding practices. SeaWorld is committed to high standards of animal welfare, supported by accreditations from the USDA and other organizations. The initiative aims to inspire conservation efforts among visitors.

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SeaWorld Parks & Entertainment (NYSE: SEAS) and the Hubbs-SeaWorld Research Institute (HSWRI) celebrate over 50 years of marine conservation in 2021. Key achievements include the publication of significant scientific research, successful reintroductions of white seabass, and rescue operations for over 50 marine animals. Notable projects include the establishment of guidelines to protect marine mammals from human-made noise and efforts to restore degraded habitats like the Indian River Lagoon. SeaWorld continues to support vital research and animal rescue initiatives.

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SeaWorld Entertainment, Inc. (NYSE: SEAS) has appointed Chris Finazzo as the new Chief Commercial Officer, effective January 1, 2022. He will oversee the company's commercial operations, which include revenue generation and marketing strategies. Finazzo brings 17 years of experience from roles in major retail and food brands, notably as President of Burger King. The appointment was unanimously approved by SeaWorld's Board of Directors, with the management expressing confidence in Finazzo's ability to enhance the company's growth strategies.

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SeaWorld Parks and Entertainment (NYSE: SEAS) announced the transfer of two rescued animals, a bottlenose dolphin named 'Apollo' and a green sea turtle named 'Boba Fett', to Clearwater Marine Aquarium. Both animals were deemed non-releasable due to chronic health issues identified by NOAA and USFWS. Apollo suffered from atypical hearing loss that hindered his echolocation abilities, while Boba Fett had suffered a spinal injury. This move reflects SeaWorld’s commitment to animal welfare, having rescued over 39,000 animals historically.

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SeaWorld Parks & Entertainment (NYSE: SEAS) announced holiday camps for kids in December across all five parks: Orlando, San Antonio, San Diego, Tampa, and Williamsburg. The camps feature animal interactions, holiday crafts, and amusement rides, running from December 20 to 30. Prices for the camps are set at $199, with a special high school program in San Antonio priced at $399. Discounts are available for Gold and Silver pass holders. CEO Marc Swanson highlighted the camps as a means to foster a love for animals and education among children.

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The Giant Armadillo Conservation Program (GACP), a joint initiative by the Houston Zoo, Naples Zoo, and SeaWorld Parks and Entertainment (SEAS), was honored with the 2021 William G. Conway International Conservation Award. This award by the Association of Zoos and Aquariums recognizes significant contributions to wildlife conservation, specifically for the giant armadillo, which is vulnerable to extinction. GACP has conducted long-term studies and trained over 85 biologists to support conservation efforts in South America, highlighting the giant armadillo's role in its ecosystem.

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SeaWorld Parks & Entertainment (NYSE: SEAS) announced the opening of 11 new attractions across 10 parks in 2022, marking its largest annual launch. Highlights include Florida's steepest roller coaster, the Ice Breaker, and California's tallest dive coaster, the Emperor. The lineup features record-breaking rides such as Iron Gwazi at Busch Gardens Tampa Bay and Pantheon at Busch Gardens Williamsburg. The company aims to enhance guest experiences, aligning with its commitment to growth and innovation.

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SeaWorld Parks & Entertainment (NYSE: SEAS) and Sesame Workshop announced the nearing completion of Sesame Place San Diego, set to open in March 2022. This park will be the second Sesame Place in the U.S. and the first on the West Coast, featuring 17 acres of family-friendly attractions. Highlights include rides themed around beloved characters, a 500,000-gallon wave pool, and a Certified Autism Center designation. The park aims to provide engaging educational experiences for families and is strategically located near San Diego, enhancing its appeal as a tourist destination.

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FAQ

What is the market cap of United Parks & Resorts (SEAS)?

The market cap of United Parks & Resorts (SEAS) is approximately 3.2B.

What is United Parks & Resorts Inc.?

United Parks & Resorts Inc., formerly SeaWorld Entertainment Inc., is a leading theme park and entertainment company with a diversified portfolio of parks across the United States and Abu Dhabi.

What brands are operated by United Parks & Resorts Inc.?

The company operates brands such as SeaWorld, Busch Gardens, Discovery Cove, Sesame Place, Water Country USA, Adventure Island, and Aquatica.

What is the company's commitment to animal welfare?

United Parks & Resorts is globally recognized for its animal welfare efforts, operating one of the world's foremost zoological organizations and rescuing over 40,000 animals in need.

What recent achievements has the company announced?

Recent achievements include the hatching of an endangered Emperor penguin chick, successful manatee rehabilitation, and the introduction of new attractions and events.

Why did the company change its name?

The name change to United Parks & Resorts Inc. reflects the company's diverse portfolio of park brands and its commitment to creating experiences that matter for guests.

Where can I find the latest financial results and updates?

Shareholders and prospective investors can find the latest financial results and updates on the company's investor website at www.unitedparksinvestors.com.

What are the core business areas of United Parks & Resorts Inc.?

The core business areas include theme park operations, animal welfare, media and entertainment platforms, and strategic growth initiatives such as hotels and international expansion.

How does the company engage with conservation efforts?

The company supports conservation through its rescue and rehabilitation programs, educational initiatives, and the SeaWorld Conservation Fund, which has provided over $20 million to critical research globally.

When and where will the company's stock ticker symbol change?

The stock ticker symbol will change from SEAS to PRKS, with trading as PRKS beginning on February 13, 2024, on the New York Stock Exchange.

How does United Parks & Resorts Inc. enhance guest experiences?

The company focuses on creating memorable experiences through new attractions, events, strategic pricing, and exceptional guest service, driving strong value and repeat visits.

United Parks & Resorts Inc.

NYSE:SEAS

SEAS Rankings

SEAS Stock Data

3.23B
36.10M
1.6%
110.07%
4.51%
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Consumer Cyclical
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