Universal is preparing to open Epic Universe, the first major new U.S. theme park in 25 years, on May 22, according to CNBC. The park has generated $11 billion in nationwide economic impact through construction, operations, and job creation. Epic Universe is projected to generate approximately $2 billion for Florida in its first year of operation, according to economist Sean Snaith. The theme park is also expected to create over 17,500 new jobs during that time. The addition of Epic Universe is expected to extend visitor stays in Orlando, benefiting both Universal and Disney by attracting more out-of-state and international tourists.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Universal is preparing to open Epic Universe, the first major new U.S. theme park, in 25 years, on May 22nd, according to CNBC.
00:10The park has generated $11 billion in nationwide economic impact through construction, operations, and job creation.
00:16Epic Universe is projected to generate approximately $2 billion for Florida in its first year of operation, according to economist Sean Snape.
00:24The theme park is also expected to create over 17,500 new jobs during that time.
00:30The addition of Epic Universe is expected to extend visitor stays in Orlando, editing both Universal and Disney by attracting more out-of-state and international tourists.
00:38For all things money, visit Benzinga.com slash GSTV.