Join our community of smart investors

Fairytale events bounceback within reach

Which companies investors should keep an eye on as lockdowns lift
Fairytale events bounceback within reach
  • Disney theme parks move closer to re-opening in US, stymying losses 
  • Transition out of lockdown should breathe life into London’s events companies

Not much will capture the sheer joy of finally returning back to normal times better than riding a roller coaster. For Californians, that thrill is within reach again, now that its public health department has said theme parks, as well as outdoor sport stadiums, can begin to reopen from the beginning of April. 

There are some caveats: the re-openings will require significantly reduced capacity, mandatory masks and ‘other public health precautions’, and the number of people allowed in the parks depends on the number of Covid-19 cases in the relevant counties. In Disneyland’s Orange County, the government is still enforcing the highest-risk ‘purple’ tier, but local news reports suggest it may move down to the red tier, which will allow it to operate at 15 per cent capacity. 

To continue reading...
Register for free
Read 3 articles for free each month
Have an account? Sign in