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Florida hopeful economy will boost with major theme parks reopening

Florida has lost over a billion dollars in tax revenues since pandemic
Posted at 8:45 AM, Jun 04, 2020
and last updated 2020-06-05 09:21:58-04

ORLANDO, Fla. —

Even if you never set foot in one of Florida’s major theme parks.

You’re still feeling the effects of whatever happens or doesn’t happen at them.

Tim Shevlin’s a personal trainer, a busy dad, and devoted husband.

But most of all, Tim, like many others, is a Disney fanatic!

Tim is pumped to see the Disney, Universal, Busch Gardens, and other Florida theme finding ways to welcome guests back.

Top industry consultants say it’s a welcome jolt to Florida’s economy.

“The theme park industry is Florida’s economy because the theme parks are the driver to central Florida, and they allow the dispersion to the other cities in Florida” said Dennis Speigel, International Them Park Services Inc.

Speigel says cities like Fort Myers, Tampa, Miami, and Tallahassee, economies all get a boost from tourists who find their way beyond the theme parks - to round out what’s typically a one week vacation in Florida.

“The average family spends between five and seven thousand dollars on that trip, so we know that its hundreds of millions of dollars in a very concentrated period of time” said Dennis Speigel, International Them Park Services Inc.

The theme park consultant we interviewed says the state has lost over a billion dollars in tax revenues since the start of the pandemic.