Artem Kocharyan's questions to United Parks & Resorts Inc (PRKS) leadership • Q1 2024
Question
Artem Kocharyan asked about international sales trends compared to competitors, any observed changes in international visitor behavior, and for an update on group booking growth. He also requested clarification on which future quarter the $5 million in shifted Q1 expenses was moved from.
Answer
CEO Marc Swanson stated that international ticket sales are up low-single digits and that the company feels good about the group business category. An executive, likely CFO James Mikolaichik, clarified the expense shift, explaining that the largest portion was annual maintenance typically done in Q4, which was moved to the slower Q1 period for efficiency.