Posted
U.S. theme parks and their employees have taken a massive financial hit this summer amid the COVID-19 crisis that has led to a 40% decline in economic output and a 40% reduction in industry jobs, according to IAAPA.
Read more from The Orange County Register.
I'm not sure. I think we'll know better December-ish, when we know where the vaccine trials landed and what the manufacturing ramps look like. See, I'm optimistic sometimes. 😊
Jeff - Editor - CoasterBuzz.com - My Blog
Jeff said:
I'm not sure. I think we'll know better December-ish, when we know where the vaccine trials landed and what the manufacturing ramps look like. See, I'm optimistic sometimes. 😊
If my discussion with Clermont is any confirmation, it appears work is slow later this year. Which is a time of year they would often be cranking out a ton of B&M track for winter/spring installs 2021.
That, or they just have a ton of capacity at the ready. But I wouldn't be surprised if parks hold off on any expenditures for 2021.
I'd have to imagine that with capex and crowds both reduced, B&M's position as the most expensive house on the block is not a great place to be right now. The smaller guys, who aren't building capacity monsters, are likely to see the first orders. Perhaps we will see another resurgence of wooden coasters in the next several years.
I was referring to the manufacturing of the vaccine, not rollycoasters.
Jeff - Editor - CoasterBuzz.com - My Blog
I thought he was talking about ramps used in manufacturing.
Chris Baker
www.linkedin.com/in/chrisabaker
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