David J. Sangree, MAI, CPA, ISHC and Chris Ballou, CHIA attended the 2021 IAAPA Expo in Orlando. David conducted a session on the effects of COVID 19 on the waterpark industry in 2020 and growth projections for 2021 and beyond. Some key takeaways from the session include:
- Confidence is high that attendance will return to pre-COVID-19 levels by 2023.
- Although attendance has been slow to come back., rates have significantly improved across the industry.
- While we expect admission price growth rates to moderate or stabilize, we do not anticipate a decline or correction
Many thanks to Catie Christner from Great Wolf Resorts, Evan Barnett from Typhoon Texas, Dameon Nelson from Six Flags Entertainment, and Nick Scott, Sr from Splash Lagoon for their participation and insightful contributions to the panel.
Download a copy of the IAAPA PowerPoint presentation.
2021 IAAPA Expo Waterparks Session