Universal Parks & Resorts Suffers 94% Loss in Revenue Due to COVID-19 Pandemic

Universal Parks & Resorts has revealed just how powerful the economic impact of the COVID-19 pandemic has been. According to Spectrum News 13‘s Ashley Carter, Comcast, Universal’s parent company, reported that Parks & Resorts experienced a 94% loss in revenue during the second quarter of 2020. Altogether, the theme parks earned $87 million, a massive decrease from the $1.46 billion that they earned during the same period in 2019. This is the first quarterly report to include the period where […]

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