Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Business

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

by 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
previous post
Mark Zuckerberg on the stand: ‘Crazy,’ ‘scary’ ideas led him to buy Instagram and WhatsApp
next post
White House proposal axes UN, NATO funds and halves State Department budget

Related Posts

The collapse of a fintech firm with 10...

May 23, 2024

United CEO expresses ‘renewed confidence’ in Boeing after...

August 16, 2024

Amazon’s Zoox under investigation by NHTSA after two...

May 14, 2024

It’s Elon Musk’s turn for a ‘fork in...

April 23, 2025

Amazon to invest another $4 billion in Anthropic,...

November 23, 2024

Trump is selling $60 Bibles with ‘God Bless...

March 27, 2024

Embraer CEO says jet maker studying possibilities for...

October 21, 2024

Chrysler recalling 338,000 Jeep Grand Cherokees over potentially...

March 2, 2024

Under Armour is laying off workers as retailer...

May 17, 2024

Nvidia to report earnings amid infrastructure spending, DeepSeek...

February 27, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • Trump’s fresh White House portrait sparks interest amid controversy over National Portrait Gallery leadership

      June 3, 2025
    • Trump pushes ‘Big, Beautiful Bill’ as solution to four years of Biden failures: ‘Largest tax cut, EVER’

      June 3, 2025
    • Trump administration open to allowing Iran to continue some uranium enrichment: report

      June 3, 2025
    • ‘Squad’ members condemn antisemitic attack in Boulder after years of controversy

      June 2, 2025
    • Schumer, Democrats plot coordinated resistance to Trump’s ‘one ugly bill’

      June 2, 2025
    • Tariff fight escalates as Trump appeals second court loss

      June 2, 2025

    Categories

    • Business (1,238)
    • Politics (5,800)
    • Stocks (904)
    • World News (457)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.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 insidersadvisor.com | All Rights Reserved