United Parks and Resorts is rated "BUY," supported by improving forward indicators and trading at a 10.7x forward P/E, below its historical peak. Despite a weak 1Q26 due to adverse weather and lower international visitors, PRKS grew in-park per capita spending by 5.3% year-over-year. Management guides for accelerated revenue and EBITDA growth in 2H26, driven by new attractions and a rebound in international tourism.
United Parks & Resorts NYSE: PRKS reported first-quarter results that management said fell short of expectations, as unfavorable weather and weaker international visitation weighed on attendance and revenue. Executives on the company's earnings call said they remain confident in growth for the full year, citing stronger pass sales, improved deferred revenue, new attractions and cost-saving efforts.
United Parks & Resorts Inc. (PRKS) Q1 2026 Earnings Call Transcript
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Marc G. Swanson CEO | XSTU Exchange | 81282V100 CUSIP |
| US Country | 3,300 Employees | - Last Dividend | - Last Split | - IPO Date |
United Parks & Resorts Inc., initially known as SeaWorld Entertainment, Inc., is a leading theme park and entertainment company based in the United States. With its roots going back to 1959, the company boasts a rich heritage in offering unforgettable experiences through its extensive array of theme parks and entertainment attractions across the US and even stretching to the Middle East. The company's significant footprint includes operating and licensing SeaWorld theme parks and Busch Gardens, famous for their unique blend of thrilling rides, live entertainment, and educational exhibits. Additionally, United Parks & Resorts Inc. demonstrates a strong commitment to conservation and marine life education, an ethos that has been integral since its inception. Headquartered in Orlando, Florida, the organization adopted its current name in February 2024, marking a new chapter in a longstanding legacy of enchanting millions of visitors each year.
Located in Orlando, San Antonio, Abu Dhabi, and San Diego, SeaWorld parks are renowned for combining close-up marine life encounters, thrilling rides, and live performances. They serve as centerpieces for the company's portfolio, highlighting the wonder of marine life and the importance of conservation.
Busch Gardens parks, situated in Tampa and Williamsburg, are characterized by exotic animal encounters, beautifully landscaped environments, thrilling roller coasters, and world-class entertainment. These parks offer a unique adventure that combines the thrill of an amusement park with the experience of a zoo.
United Parks & Resorts Inc. operates a series of water parks in Orlando, San Antonio, San Diego, Chula Vista, Tampa, and Williamsburg. These attractions offer relief from the heat with slides, wave pools, and lazy rivers, making them perfect spots for family fun under the sun.
Operating as a reservations-only park in Orlando, Discovery Cove provides an exclusive experience where visitors can swim with dolphins, snorkel among tropical fish, and explore a free-flight aviary alongside other unique animal encounters.
Located in Langhorne, Pennsylvania, Sesame Place is themed around the beloved Sesame Street television series. This park is specially designed for children to enjoy rides, water slides, and encounters with their favorite Sesame Street characters.
These brand extensions further diversify the company's portfolio, offering more specialized water park experiences in different locations. From high-speed water slides and wave pools to serene attractions like sandy beaches, these parks cater to all ages seeking aquatic adventures.