Daily Washington Insider
  • Business
  • World
  • Science
  • Investing

Daily Washington Insider

  • Business
  • World
  • Science
  • Investing
Business

Universal’s new Epic Universe park set to generate $2 billion for Florida in year one

by admin April 16, 2025
April 16, 2025
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one

Epic things are coming to Orlando.

In a little more than a month, Universal will officially open the doors of its newest theme park, the first major theme park in the Florida area in 25 years, spurring a major shift in Orlando’s tourism industry.

Epic Universe is the largest of all Universal properties at 750 acres and features five themed worlds: The Wizarding World of Harry Potter — The Ministry of Magic, Super Nintendo World, How to Train Your Dragon — The Isle of Berk, Celestial Park and Dark Universe.

It will join Universal Studios and Walt Disney World in theme park mecca Orlando.

Tourism has long been the leading sector in central Florida, drawing both domestic and international visitors. More than 74 million people journeyed to Orlando in 2023, contributing around 50% of the total sales tax collected in Orange County.

Epic Universe is not only expected to bolster theme park revenues for Universal, as well as its rival just down the highway, Disney, but also bring in billions of dollars to the local economy.

“This is the first major, entirely new theme park in the U.S. in 25 years. This is a compelling reason to visit Orlando,” said Casandra Matej, CEO of Visit Orlando, a tourism trade association. “So, when you see a major milestone project such as Epic Universe, you know it’s going to have definitely a domino effect of economic benefits for our community.”

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Hungary passes constitutional amendment to ban LGBTQ+ public events, seen as a major blow to rights
next post
Hertz says 2024 hack exposed some customers’ driver license and credit card data

You may also like

‘Trump trade’ returns for second week as bitcoin,...

November 13, 2024

GM cuts 50% of Cruise staff after ending...

February 6, 2025

Target lowering prices on 5,000 frequently bought items

May 21, 2024

Costco cracks down on membership card sharing

August 9, 2024

Johnson & Johnson to pay $6.5 billion to...

May 5, 2024

Restaurants fight back against the FTC crackdown on...

August 27, 2024

Comcast and Harris Blitzer to build NBA, NHL...

January 14, 2025

Biden administration seeks to avoid default crisis for...

January 17, 2025

Presidential debate drew 51.3 million viewers, down from...

July 1, 2024

Dave & Buster’s plan to allow betting on...

May 9, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Tartana Drilling to Verify Upgrading of 45,000 Tonne Copper Resource

    • 2

      Magic mushrooms effective for treating depression – study

    • 3

      Hong Kong plans to install thousands of surveillance cameras. Critics say it’s more proof the city is moving closer to China

    • 4

      UN experts urge Thailand not to deport dozens of Uyghurs to China where they face ‘real risk of torture’

    • 5

      Lancaster Resources Welcomes Three Highly Experienced Industry Experts to Its Advisory Board

    Categories

    • Business (1,162)
    • Investing (2,817)
    • Science (605)
    • World (3,418)
    Footer Logo

    Disclaimer: dailywashingtoninsider.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 dailywashingtoninsider.com | All Rights Reserved