Busch Gardens

Tampa, FL, United States

Busch Gardens

Tampa, FL, United States
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News Article | April 17, 2017
Site: www.prweb.com

DoubleTree by Hilton Williamsburg is offering vacationing families the ultimate thrill-seeker experience – unlimited visits all spring and summer long to the world-famous Busch Gardens® Williamsburg. The closest hotel to the park, DoubleTree by Hilton Williamsburg offers complimentary curbside drop off and pick up at Busch Gardens, thereby saving park-goers $15 in daily parking fees and the time to access the park’s tram to the entrance and back to the car. Plus, the hotel’s Sweet Ride is filled with plenty of DoubleTree by Hilton’s warm, fresh-baked chocolate chip cookies, making this Sweet Ride a cookie lover’s dream experience. Busch Gardens, voted Virginia’s most beautiful theme park every year since 1990, offers thrilling roller coasters including its all-new InvadR™, the park’s first wooden coaster featuring nine air-time hills and 74-foot plunge. Designed in a classic European theme with artfully landscaped villages, Busch Gardens also offers world-class dining, abundant shopping options, kid-friendly attractions and exciting events. After a day of screams and thrills, head back to DoubleTree by Hilton Williamsburg where guests enjoy spacious guestrooms with plush furnishings, signature Sweet Dreams bed, large HDTV, Wi-Fi, mini-fridge, a refreshing array of CITRON body care products by Crabtree & Evelyn, and an assortment of gourmet in-room tea and coffee offerings. The property also offers three restaurants including the popular Pitcher’s Sports Bar with multiple HDTV’s, Starbucks Café, resort-style indoor and outdoor pools, 24-hour Precor Fitness Center, 24-hour business center and complimentary Wifi access in the hotel’s public areas. Plus, guests are greeted with a warm, chocolate chip cookie, an experience exclusive to the DoubleTree by Hilton brand. Starting at $293 per night, DoubleTree by Hilton Williamsburg’s Busch Gardens Family Package includes deluxe accommodations, breakfast for two adults and two Busch Gardens Fun Cards with unlimited admission all spring and summer. One, two and three-night options are available. The offer is valid for stays March 24 – September 4, 2017. Nestled in a forested setting in Colonial Williamsburg, DoubleTree by Hilton Williamsburg is a short drive to Colonial Williamsburg and historic Jamestown and Yorktown. The hotel also is less than 45 minutes from Newport News/Williamsburg International International Airport, Richmond International Airport and Norfolk International Airport. DoubleTree by Hilton Williamsburg is owned by Waramaug Hospitality L.L.C. and a private investment group in a joint venture with Interstate Hotels & Resorts which also operates the brand. For reservations and information, go to http://www.Williamsburg.DoubleTree.com or call 757-220-2500 or 800-222-8733.


"We know that the magic of theme parks gives families a unique and powerful way to experience and delight in the Sesame Street characters," said Jeffrey D. Dunn, Chief Executive Officer of Sesame Workshop. "Building more Sesame Place theme parks will enable us to connect with even more families and provide funding that supports our nonprofit mission." The Sesame Place theme park features a variety of exciting family rides, water slides, live character shows, a daily parade, and seasonal events that help bring the educational world of Sesame Street to life beyond the show. Sesame Place also extends Sesame Workshop's commitment to social impact work with its Sesame Place Cares annual series of events both in and outside the park, including a 30-year partnership with Variety--The Children's Charity, focused on providing events with a safe and fun atmosphere specifically for children with disabilities and their families. "We share Sesame's goal of educating and entertaining generations of children, and the extension of our partnership furthers SeaWorld's mission to provide guests with experiences that matter," said Joel Manby, President and Chief Executive Officer of SeaWorld Entertainment, Inc. "We are thrilled to be able to grow the presence of Sesame Place theme parks in the U.S. and help our company diversify its brand portfolio and expand into new areas." "Expanding our Sesame Place theme park footprint will both deepen our relationship with longstanding fans and help us to connect with new families," said Steve Youngwood, Chief Operating Officer of Sesame Workshop. "This partnership will also enable the Workshop to continue producing high-quality educational programming for the next generation." Under the terms of the new license agreement, the companies have agreed to extend their collaborative relationship through December 2031. Sesame Workshop is the nonprofit media and educational organization behind Sesame Street, the pioneering television show that has been reaching and teaching children since 1969. Today, Sesame Workshop is an innovative force for change, with a mission to help kids everywhere grow smarter, stronger, and kinder. We're active in more than 150 countries, serving vulnerable children through a wide range of media, formal education, and philanthropically-funded social impact programs, each grounded in rigorous research and tailored to the needs and cultures of the communities we serve. For more information, please visit sesameworkshop.com. SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. SeaWorld Parks and Entertainment, Inc. is a wholly-owned subsidiary of SeaWorld Entertainment, Inc. The company is also one of the world's foremost zoological organizations and a global leader in animal welfare, husbandry and veterinary care. The company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 29,000 animals in need over the last 50 years. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld, Busch Gardens and Sea Rescue®. Over its more than 50-year history, the company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States. The company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests. This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. These statements include, but are not limited to, statements related to SeaWorld's plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, business trends and expectations with respect to the opening of the second Sesame Place theme park and additional Sesame Place theme parks. These forward-looking statements, which are identified by words such as "might," "will," "may," "should," "estimates," "expects," "continues," "contemplates," "anticipates," "projects," "plans," "potential," "predicts," "intends," "believes," "forecasts," "future," "guidance," "targeted," "scheduled" are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this press release, including the risks, uncertainties and factors set forth in the section entitled "Risk Factors" in SeaWorld's most recent Annual Report on Form 10-K and in subsequent reports, including Current Reports on Form 8-K, that SeaWorld files or furnishes with the Securities and Exchange Commission ("SEC"). SeaWorld's filings with the SEC are available from the SEC's EDGAR database at www.sec.gov and via SeaWorld's website at www.seaworldentertainment.com.  Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in SeaWorld's filings with the SEC. SeaWorld undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/seaworld-entertainment-and-sesame-workshop-announce-expanded-partnership-to-include-new-sesame-place-theme-park-300459726.html


News Article | May 9, 2017
Site: www.prnewswire.com

"Given the improving attendance trends we saw in April, and the incredibly robust lineup of new attractions we are launching in the coming weeks, we are well-positioned going into our seasonally important second and third quarters," said Joel Manby, President and Chief Executive Officer of SeaWorld Entertainment, Inc. "Our season pass sales revenues for 2017 are up nearly 6%; the cost optimization program we initiated in the fourth quarter of 2016 continues to have a positive impact on results; and the successful renewal and increased capacity of our revolving credit facility and refinancing of our existing term debt in late March of 2017 enhances our financial flexibility. Our strategy and progress received a strong vote of confidence with the acquisition by Zhonghong Zhuoye Group of Blackstone's approximately 21% stake in the company at a significant premium to our current market price per share. Additionally, the advisory and support agreements we entered into in late March of 2017 with Zhonghong Holding give us the opportunity to carefully evaluate new strategic growth opportunities in China, Taiwan, Hong Kong and Macau." "Our Board and management are intently focused on increasing value for our shareholders. Looking ahead, our revenue management and cost optimization initiatives, as well as one of the strongest lineups of new attractions we've ever offered, give us confidence that we will achieve improved performance in all elements of our five-point plan," Manby continued. "We expect to drive attendance through the continued introduction of fun and meaningful experiences for our guests, and will work to improve ticket yields through increased use of new strategic and tactical pricing initiatives. We're very excited about 2017, and look forward to reporting our progress throughout the year." Results for the first quarter of 2017 were largely impacted by a shift in the timing of spring break holidays associated with Easter moving into the second quarter of 2017. During the first quarter of 2017, the company generated total revenues of $186.4 million, a decrease of $33.9 million, or 15%, compared to the first quarter of 2016. The company generated a net loss of $61.1 million, or a loss of $0.72 per diluted share compared to a net loss of $84.0 million, or a loss of $1.00 per diluted share, in the first quarter of 2016. Adjusted EBITDA was a loss of $30.4 million in the first quarter of 2017 compared to an Adjusted EBITDA loss of $5.9 million in the first quarter of 2016. Net cash provided by operating activities was $5.7 million and $32.2 million in the first three months of 2017 and 2016, respectively. Attendance for the first quarter of 2017 declined by approximately 491,000 guests, or 14.9%, compared to the first quarter of 2016, primarily due to a shift in the timing of the Easter holiday into the second quarter of 2017, which also impacted the timing of spring break for a number of schools in the company's key source markets. Attendance was also impacted, to a lesser extent, by a decline at the company's SeaWorld San Diego park where construction of the new Orca Encounter commenced in January for a planned opening this summer. The company believes the decline in attendance during this transition results largely from a lack of new content during the interim period. Latin America attendance for the first quarter of 2017 declined by approximately 24,000 guests compared to the first quarter of 2016. On a year-to-date basis through the end of April, attendance was essentially flat over the prior year period and season pass sales revenues were up nearly 6% compared to the same period of 2016. Total revenue per capita (total revenue divided by attendance) decreased by 0.6% to $66.41 in the first quarter of 2017 compared to $66.80 in the prior year first quarter, primarily due to a decline in admission per capita (admissions revenue divided by attendance) partially offset by an increase in in-park per capita spending (food, merchandise and other revenue divided by attendance). Admission per capita decreased by 1.2% to $41.01 in the first quarter of 2017 from $41.53 in the prior year first quarter, primarily due to the unfavorable timing of Easter which caused some of the company's international and domestic attendance to shift from the first quarter to the second quarter of 2017. Admission per capita also declined due to an unfavorable ticket mix driven by increased utilization of season pass products and associated free promotional ticket offerings when compared to the first quarter of 2016. In-park per capita spending increased slightly by 0.5% to $25.40 in the first quarter of 2017, from $25.27 in the prior year first quarter. Operating expenses for the first quarter of 2017 decreased $23.0 million, or approximately 13%, to $157.3 million as compared to $180.3 million in the first quarter of 2016. The decrease primarily relates to a decline in equity compensation expense and a decrease in asset write-offs when compared to the first quarter of 2016. The first quarter of 2016 included incremental equity compensation expense of $9.0 million associated with certain performance vesting restricted shares which vested on April 1, 2016 and $6.4 million in asset write-offs associated with the canceled Blue World Project. Operating expenses also decreased due to cost savings initiatives which included a reduction in headcount in December 2016 along with a decrease in direct labor costs driven by the decline in volume for the quarter. Selling, general and administrative expenses for the first quarter of 2017 decreased $14.9 million, or approximately 22%, to $52.4 million as compared to $67.4 million in the first quarter of 2016. The decrease primarily relates to a decline in equity compensation expense which was partially offset by an increase in marketing costs due to the timing of advertising promotions versus the prior year period. The first quarter of 2016 included incremental equity compensation expense of $18.5 million associated with certain performance vesting restricted shares which vested on April 1, 2016. The company remains on pace to achieve its targets for its previously announced cost optimization program which is expected to result in $40.0 million in net savings by the end of 2018. On March 31, 2017, the company entered into a refinancing amendment, Amendment No. 8 (the "Amendment"), to its existing senior secured credit facilities. In connection with the Amendment, the company borrowed $998.3 million of additional term loans (the "Term B-5 Loans") of which the proceeds, along with cash on hand, were used to refinance the entire amount of the existing Term B-3 loans with a principal amount of $244.7 million, and a portion of the outstanding principal of the Term B-2 loans, with a principal amount of $753.6 million, and pay other fees, costs and expenses in connection with the Amendment and related transactions. Additionally, pursuant to the Amendment, the company terminated the existing revolving credit commitments and replaced them with a new tranche with an aggregate commitment amount of $210.0 million. As a result of the Amendment, the company recorded $8.0 million as a loss on early extinguishment of debt and write-off of discounts and debt issuance costs during the first quarter of 2017. This refinancing extended the company's debt maturities with only a modest additional spread-related interest expense of approximately $5.0 million per year. On March 24, 2017, the company announced that an affiliate of Zhonghong Zhuoye Group Co., Ltd. ("ZHG") would acquire approximately 21% of the outstanding shares of common stock of the company (the "Sale") from affiliates of The Blackstone Group L.P. ("Seller"), pursuant to a Stock Purchase Agreement between ZHG and Seller for $23.00 per share. The Sale closed on May 8, 2017. Also on March 24, 2017, the company entered into a Park Exclusivity and Concept Design Agreement (the "ECDA") and a Center Concept & Preliminary Design Support Agreement (the "CDSA") with Zhonghong Holding, Co. Ltd. ("Zhonghong Holding"), an affiliate of ZHG Group, providing design, support and advisory services for various potential projects and granting exclusive rights in China, Taiwan, Hong Kong and Macau (the "Territory"). Under the terms of the ECDA, the company will work with Zhonghong Holding to create and produce concept designs and development analysis for theme parks, water parks and interactive parks in the Territory. Under the terms of the CDSA, the company will provide guidance, support, input, and expertise relating to the initial strategic planning, concept and preliminary design of Zhonghong Holding's family entertainment and other similar centers. The following guidance is based on current management expectations. All financial guidance amounts are estimates subject to change, including as a result of matters discussed under the "Forward-Looking Statements" caption below and the company undertakes no obligation to update its guidance. For the full year of 2017, the company expects Adjusted EBITDA in the range of $330 million to $360 million. The financial statement tables that accompany this press release include a reconciliation of Adjusted EBITDA, a non-GAAP financial measure, to the applicable most comparable GAAP financial measure for the three months ended March 31, 2017 and 2016. However, the company has not reconciled the forward-looking Adjusted EBITDA guidance range included in this press release to the most directly comparable GAAP financial measure because this cannot be done without unreasonable effort due to the seasonal nature of the company's business and the high variability, complexity, and low visibility with respect to amounts for impairments and disposition of assets, income taxes and other non-cash expenses and adjustment items which are excluded from the calculation of Adjusted EBITDA. For the same reasons, the company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results. The company will hold a conference call today, Tuesday, May 9, 2017 at 9 a.m. Eastern Time to discuss its first quarter 2017 financial results. The conference call will be broadcast live on the Internet and the release and conference call can be accessed via the company's website at seaworldentertainment.com by clicking on the "Investor Relations" link located on the upper right corner of that page. For those unable to participate in the live call, a replay of the webcast will be available after 12 p.m. Eastern Time May 9, 2017 via the "Investor Relations" section of . A replay of the call can also be accessed telephonically from 12 p.m. Eastern Time on May 9, 2017 through 11:59 p.m. Eastern Time on May 23, 2017 by dialing (800) 585-8367 from anywhere in the U.S. or (416) 621-4642 from international locations, and entering conference code 4788832. This earnings release and accompanying financial statement tables include Adjusted EBITDA and Free Cash Flow, which are supplemental non-GAAP financial measures. Adjusted EBITDA and Free Cash Flow are not recognized terms under GAAP, should not be considered in isolation or as a substitute for a measure of financial performance or liquidity prepared in accordance with GAAP and are not indicative of net income or loss or net cash provided by operating activities as determined under GAAP. Adjusted EBITDA, Free Cash Flow and other non-GAAP financial measures have limitations that should be considered before using these measures to evaluate a company's financial performance or liquidity. Adjusted EBITDA and Free Cash Flow, as presented, may not be comparable to similarly titled measures of other companies due to varying methods of calculation. Management believes the presentation of Adjusted EBITDA is appropriate as it eliminates the effect of certain non-cash and other items not necessarily indicative of a company's underlying operating performance. Management uses Adjusted EBITDA in connection with certain components of its executive compensation program. In addition, investors, lenders, financial analysts and rating agencies have historically used EBITDA-related measures in the company's industry, along with other measures, to estimate the value of a company, to make informed investment decisions and to evaluate companies in the industry. The presentation of Adjusted EBITDA also provides additional information to investors about the calculation of, and compliance with, certain financial covenants in the company's Senior Secured Credit Facilities. Adjusted EBITDA is a material component of these covenants. The financial statement tables that accompany this press release include a reconciliation of historical non-GAAP financial measures to the most directly comparable U.S. GAAP financial measures. SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The company is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry and veterinary care. The company collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. The company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 29,000 animals in need over the last 50 years. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld, Busch Gardens® and Sea Rescue®. Over its more than 50-year history, the company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. The company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests. Copies of this and other news releases as well as additional information about SeaWorld Entertainment, Inc. can be obtained online at www.seaworldentertainment.com. Shareholders and prospective investors can also register to automatically receive the company's press releases, SEC filings and other notices by e-mail by registering at that website. In addition to historical information, this press release contains statements relating to future results (including certain projections and business trends, including the statements in the "Guidance" section of this press release) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. The company generally uses the words such as "might," "will," "may," "should," "estimates," "expects," "continues," "contemplates," "anticipates," "projects," "plans," "potential," "predicts," "intends," "believes," "forecasts," "future", "guidance", "targeted" and variations of such words or similar expressions in this press release and any attachment to identify forward-looking statements. All statements, other than statements of historical facts included in this press release, including statements concerning plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, results of operations, financial position, business outlook, earnings guidance, business trends and other information are forward-looking statements. The forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond management's control. All expectations, beliefs, estimates and projections are expressed in good faith and the company believes there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs, estimates and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond management's control, that could cause actual results to differ materially from the forward-looking statements contained in this press release, including among others: a decline in discretionary consumer spending or consumer confidence; various factors beyond management's control adversely affecting attendance and guest spending at the company's theme parks, including the potential spread of contagious diseases; any risks affecting the markets in which the company operates, such as natural disasters, severe weather and travel-related disruptions or incidents; increased labor costs and employee health and welfare benefits; complex federal and state regulations governing the treatment of animals, which can change, and claims and lawsuits by activist groups; incidents or adverse publicity concerning the company's theme parks; any adverse judgments or settlements resulting from legal proceedings; cyber security risks and the failure to maintain the integrity of internal or guest data; inability to protect the company's intellectual property or the infringement on intellectual property rights of others; risks associated with the company's cost optimization program, capital allocation plans, share repurchases and financing transactions; and other risks, uncertainties and factors set forth in the section entitled "Risk Factors" in the company's most recently available Annual Report on Form 10-K, as such risks, uncertainties and factors may be updated in the company's periodic filings with the Securities and Exchange Commission ("SEC"). Although the company believes that these statements are based upon reasonable assumptions, it cannot guarantee future results and readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this press release. There can be no assurance that (i) the company has correctly measured or identified all of the factors affecting its business or the extent of these factors' likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct or (iv) the company's strategy, which is based in part on this analysis, will be successful. Except as required by law, the company undertakes no obligation to update or revise forward-looking statements to reflect new information or events or circumstances that occur after the date of this press release or to reflect the occurrence of unanticipated events or otherwise. Readers are advised to review the company's filings with the SEC (which are available from the SEC's EDGAR database at www.sec.gov and via the company's website at www.seaworldentertainment.com). (a) Includes non-cash equity compensation expense, which for the three months ended March 31, 2016, includes approximately $9.0 million in equity compensation expense recorded in operating expenses associated with certain performance-vesting restricted shares which vested on April 1, 2016. (b) Includes non-cash equity compensation expense, which for the three months ended March 31, 2016, includes approximately $18.5 million in equity compensation expense recorded in selling, general and administrative expenses associated with certain performance-vesting restricted shares which vested on April 1, 2016. (c) Reflects restructuring and other related costs for the three months ended March 31, 2016 primarily related to severance and other employment expenses for positions eliminated in the first quarter of 2016. (d) Reflects the write-off of $8.0 million in debt issuance costs incurred on the Term B-5 Loans during the three months ended March 31, 2017. (e) During the three months ended March 31, 2017 and 2016, the company excluded potentially dilutive shares of approximately 4,920,000 and 5,070,000, respectively, from the calculation of diluted loss per share as their effect would have been anti-dilutive due to the company's net loss in those periods. (f) Reflects non-cash equity compensation expenses associated with the grants of equity compensation including $27.5 million in the three months ended March 31, 2016 associated with certain performance-vesting restricted shares which vested on April 1, 2016. (g) Reflects non-cash expenses related to miscellaneous asset write-offs, including $6.4 million in the three months ended March 31, 2016 associated with the canceled Blue World Project, and non-cash losses on derivatives. (h) Reflects (i) business optimization and other strategic initiative costs primarily consisting of $1.7 million of third party consulting costs and (ii) $0.4 million of net separation costs permitted under the senior secured credit facilities, in each case, for the three months ended March 31, 2017. For the three months ended March 31, 2016, reflects (x) business optimization costs primarily consisting of $0.4 million of severance and other expenses for certain positions eliminated in the first quarter of 2016 as a result of cost savings initiatives and (y) $0.5 million of third party consulting costs. (i) Reflects costs incurred of $0.9 million and $1.4 million related to product and intellectual property development for the three months ended March 31, 2017 and 2016, respectively, and less than $0.1 million of state franchise taxes paid in the three months ended March 31, 2017 and 2016. (j) Reflects the impact of certain unusual items permitted under the credit agreement governing the company's senior secured credit facilities. The credit agreement allows these items to be excluded on an after-tax basis only, and accordingly, these items are presented net of related taxes of less than $0.1 million in the three months ended March 31, 2016. (k) Adjusted EBITDA is defined as net income (loss) before income tax expense, interest expense, depreciation and amortization, as further adjusted to exclude certain non-cash, and other items permitted in calculating covenant compliance under the credit agreement governing the company's senior secured credit facilities. (l) Free Cash Flow is defined as net cash provided by (used in) operating activities less capital expenditures. Management believes that Free Cash Flow is useful to investors, equity analysts and rating agencies as a liquidity measure. The company uses Free Cash Flow to evaluate its ability to generate cash flow from business operations. Free Cash Flow does not represent the residual cash flow available for discretionary expenditures, as it excludes certain expenditures such as mandatory debt service requirements, which are significant. Free Cash Flow is not defined by GAAP and should not be considered in isolation or as an alternative to net cash provided by (used in) operating, investing and financing activities or other financial data prepared in accordance with GAAP. Free Cash Flow as defined above may differ from similarly titled measures presented by other companies. Beginning with the second quarter of 2016, the company changed the definition of Free Cash Flow to provide a more meaningful metric to investors. Prior period amounts have been calculated using the above definition in all periods presented. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/seaworld-entertainment-inc-reports-first-quarter-2017-results-300453623.html


Further, as previously announced, SeaWorld has signed agreements with an affiliate of Zhonghong Group to support the creation of concept designs and provide development analysis for theme parks, water parks, and interactive parks, along with supporting the visioning of a preliminary family entertainment center concept, and to evaluate potential development opportunities with Zhonghong Group in China, Taiwan, Hong Kong, and Macau over the next three years. These agreements are expected to generate approximately $14 million in revenue for SeaWorld over the next three years. About SeaWorld Entertainment, Inc. SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. SeaWorld is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry, and veterinary care. SeaWorld collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. SeaWorld also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned, or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 29,000 animals in need over the last 50 years. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld, Busch Gardens®, and Sea Rescue®. Over its more than 50-year history, SeaWorld has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. SeaWorld's theme parks feature a diverse array of rides, shows, and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests. About Zhonghong Group Zhonghong Group was founded in 1993, and is a diversified holding company headquartered in Beijing, China, with investments in real estate, leisure, culture, and tourism industries. Most recently, the Zhonghong Group acquired Abercrombie & Kent, Group of Companies, S.A., a major international luxury and adventure tour operator. Zhonghong Group has over 13,500 employees globally with varied backgrounds ranging from tourism, finance, real estate, hospitality, leisure, and recreation. Zhonghong Holding Co., Ltd. (SHE: 000979) is an affiliate of Zhonghong Group and was listed in 2010 on the Shenzhen Stock Exchange. The company is principally focused on real estate development and management of leisure, culture, and tourism projects throughout China, with a large portfolio of land holdings in China's most strategic tourism destinations. Forward-Looking Statements In addition to historical information, this press release contains statements relating to future results that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. SeaWorld generally uses the words such as "might," "will," "may," "should," "estimates," "expects," "continues," "contemplates," "anticipates," "projects," "plans," "potential," "predicts," "intends," "believes," "forecasts," "future", "guidance", "targeted" and variations of such words or similar expressions in this press release and any attachment to identify forward-looking statements. All statements, other than statements of historical facts included in this press release, including statements concerning plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, business trends, the concept development and design agreements, SeaWorld's expectations with respect to anticipated revenue resulting from the concept development and design agreements and other information are forward-looking statements. The forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond management's control. All expectations, beliefs, estimates and projections are expressed in good faith and SeaWorld believes there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs, estimates and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond management's control, that could cause actual results to differ materially from the forward-looking statements contained in this press release, including among others: a decline in discretionary consumer spending or consumer confidence; various factors beyond management's control adversely affecting attendance and guest spending at SeaWorld's theme parks, including the potential spread of contagious diseases; any risks affecting the markets in which SeaWorld operates, such as natural disasters, severe weather and travel-related disruptions or incidents; increased labor costs and employee health and welfare benefits; complex federal and state regulations governing the treatment of animals, which can change, and claims and lawsuits by activist groups; incidents or adverse publicity concerning SeaWorld's theme parks; any adverse judgments or settlements resulting from legal proceedings; cyber security risks and the failure to maintain the integrity of internal or guest data; inability to protect SeaWorld's intellectual property or the infringement on intellectual property rights of others; risks associated with SeaWorld's cost optimization program, capital allocation plans, share repurchases and financing transactions; SeaWorld's ability to execute on its strategy; the risk that Zhonghong Group's affiliate may be unable to make the required payments under the concept development and design agreements; the possibility that the concept development and design agreements might be terminated early; and other risks, uncertainties and factors set forth in the section entitled "Risk Factors" in SeaWorld's most recently available Annual Report on Form 10-K, as such risks, uncertainties and factors may be updated in SeaWorld's periodic filings with the Securities and Exchange Commission ("SEC"). Although SeaWorld believes that these statements are based upon reasonable assumptions, it cannot guarantee future results and readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this press release. There can be no assurance that (i) SeaWorld has correctly measured or identified all of the factors affecting its business or the extent of these factors' likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct or (iv) SeaWorld's strategy, which is based in part on this analysis, will be successful. Except as required by law, SeaWorld undertakes no obligation to update or revise forward-looking statements to reflect new information or events or circumstances that occur after the date of this press release or to reflect the occurrence of unanticipated events or otherwise. Readers are advised to review SeaWorld's filings with the SEC (which are available from the SEC's EDGAR database at www.sec.gov and via SeaWorld's website at www.seaworldentertainment.com). To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/zhonghong-group-completes-acquisition-of-21-equity-interest-in-seaworld-entertainment-inc-300453475.html


News Article | December 13, 2016
Site: en.prnasia.com

Miral partners with SeaWorld to create a next-generation marine life theme park and the UAE's first Marine Life Research, Rescue, Rehabilitation and Return Center by 2022 Miral and SeaWorld Entertainment, Inc. (NYSE:SEAS) ("SeaWorld") today announced their partnership to develop SeaWorld Abu Dhabi, a first-of-its-kind marine life themed park on Yas Island. This next generation SeaWorld Abu Dhabi will also include the United Arab Emirates' ("UAE") first dedicated marine life research, rescue, rehabilitation and return center with world-class facilities and resources for the care and conservation of local marine life. SeaWorld Abu Dhabi will be the first new SeaWorld without orcas, and will integrate up-close animal experiences, mega attractions and a world-class aquarium, bringing the latest technology in visitor engagement. To view the Multimedia News Release, please click: http://www.multivu.com/players/uk/8002251-miral-announces-seaworld-yas-island The partnership brings together Miral's expertise in developing Yas Island's portfolio of destinations with SeaWorld's 50-plus years of theme park, veterinary medicine, marine science and zoological practice and experience. "Abu Dhabi is becoming a first choice destination for regional and global travelers by combining culture, heritage and unique leisure experiences into one compelling proposition. SeaWorld Abu Dhabi further strengthens Yas Island's position as a global tourism destination," said His Excellency Mohamed Khalifa Al Mubarak, Chairman of Miral. "This announcement reflects the emirate's ambition to create a sustainable, diversified economy, with tourism as one of its core pillars. Abu Dhabi continues to build sustainable partnerships that deliver on its strategic 2030 Vision, transforming and pioneering new destinations." Joel Manby, President and Chief Executive Officer of SeaWorld said: "We are excited to announce our first international expansion and our partnership with Miral as we design a next generation SeaWorld that engages, educates and inspires, a blueprint brought to life in Abu Dhabi. This new park, combined with a dedicated research, rescue, rehabilitation and return facility focused on marine life care and conservation, continues SeaWorld's legacy of marine life rescue that spans more than 50 years. This project presents an opportunity for collaboration and greater understanding of how species have adapted to the region's unique marine environment, and to inspire the next generation of visitors, conservationists and animal care experts." SeaWorld Abu Dhabi's research, rescue, rehabilitation and return center on Yas Island, will be the first of its kind in the country, providing a state-of-the-art environment for local and global researchers, scientists and marine conservationists to assist them to better understand and learn from the region's marine life habitats and conditions. Planned to open ahead of the marine life themed park, the facility will provide an important resource for UAE nationals and residents looking to develop or enhance expertise in marine life sciences and will serve as a hub for collaboration with local and international environmental organizations and projects. Mohamed Abdalla Al Zaabi, CEO of Miral said: "SeaWorld Abu Dhabi is a unique project for the region which complements our portfolio of attractions and enriches Yas Island as the most exciting destination for our visitors. As Abu Dhabi's developer of unique and exciting destinations, the opportunity to design a next generation marine life themed park in partnership with SeaWorld is bold and ambitious. Miral will continue to develop and create leading destinations on Yas Island that offer unique, immersive and exciting experiences for everyone." The addition of SeaWorld Abu Dhabi expands Miral's destination portfolio on Yas Island, which is set to double visitor numbers to 48 million by 2022. The growth plans are part of Abu Dhabi's vision to establish the emirate as a global tourism hub with unique attractions and world-class tourism infrastructure. SeaWorld Abu Dhabi is set to open by 2022, and will complement Miral's Yas Island destination portfolio of four themed parks, which includes Ferrari World Abu Dhabi, Yas Waterworld, and opening in 2018 the recently announced Warner Bros. World Abu Dhabi and Clymb. Yas Island also offers a wide range of sporting and entertainment experiences that include Yas Marina Circuit, seven hotels, year round calendar of events, a live performance and concert arena, an 18-hole championship golf course, a marina, a beach and the increasingly popular shopping destination, Yas Mall. Miral is Abu Dhabi's creator of destinations, uniting people and places through unique, immersive and exciting experiences. Responsible for the development and promotion of Yas Island, Miral's assets encompass entertainment, hospitality, leisure, sport, dining, retail and real estate destinations. Today, Yas Island is home to Ferrari World Abu Dhabi, Yas Waterworld, Yas Links Golf Course, Yas Mall, Yas Marina Circuit, Yas Marina and seven hotels, including the flagship Yas Viceroy. For more information on Miral, visit http://www.miral.ae. SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The company is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry and veterinary care. The company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned or abandoned, with the goal of returning them to the wild. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld, Busch Gardens® and Sea Rescue®. Over its more than 50-year history, the company has built a diversified portfolio of 12 destination and regional theme parks across the United States. The company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests. Additional information about SeaWorld Entertainment, Inc. can be found online at http://www.seaworldentertainment.com.


News Article | December 19, 2016
Site: marketersmedia.com

LAKELAND, FL / ACCESSWIRE / December 19, 2016 / InterMountain Management is proud to announce the opening of the 112-suite TownePlace Suites by Marriott in Lakeland, Florida located at 3370 North Road 98. The TownePlace Suites Lakeland is just off of I-4 in between Tampa and Orlando, perfectly situated for guests traveling to nearby LEGOLAND, Walt Disney World, Busch Gardens and SeaWorld. The hotel is also minutes from the Lakeland Center, Lake Myrtle Sports Complex and several major companies, including Publix, Stryker and the Amazon Fulfillment Center. "What an honor it is to be the first TownePlace Suites in the Lakeland area. With our new innovative design, and our proximity to local attractions, we will exceed guest's expectations. Our staff is thrilled to invite everyone to explore the area and enjoy our exceptional customer service." said Justin Boubong, General Manager. "We are ready to 'wow' our guests with our beautiful extended-stay product. We invite everyone to come out and experience the superior value that we provide at our TownePlace Suites Marriott hotel. Our team is looking forward to serving all of your future hotel needs!" said Stacy Counihan, Regional Director of Sales. As one of North America's largest hotel management and development companies, InterMountain Management specializes in the select-service and extended-stay hotel segments. For over 30 years, InterMountain Management's dedication to success is proven in the results as a hotel owner, management company and hotel developer. They currently own and/or manage approximately 70 premium branded hotels nationwide, with an additional 20 in their pipeline. For more information, or to view hotel locations across the U.S., visit their website at www.intermountainhotels.com. TownePlace Suites by Marriott is an all-suite, extended-stay hotel brand in the moderate price range. Ranked highest in the Extended Stay category in the J.D. Power 2013 North America Hotel Guest Satisfaction Index Study, TownePlace Suites has also been #1 for mid-price extended stays in Business Travel News' Hotel Chain Survey in 2011, 2012 and 2013. Ideal for travelers who need accommodations for longer stays, TownePlace Suites offers studio, one-bedroom and two-bedroom suites with fully equipped kitchens and separate living/working and sleeping areas. Launched in 1997, the brand currently has more than 200 locations in the United States and Canada. TownePlace Suites participates in the award-winning Marriott Rewards® frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information or reservations, call the TownePlace Suites at 863-680-1115, or visit www.marriott.com/tpaxl. LAKELAND, FL / ACCESSWIRE / December 19, 2016 / InterMountain Management is proud to announce the opening of the 112-suite TownePlace Suites by Marriott in Lakeland, Florida located at 3370 North Road 98. The TownePlace Suites Lakeland is just off of I-4 in between Tampa and Orlando, perfectly situated for guests traveling to nearby LEGOLAND, Walt Disney World, Busch Gardens and SeaWorld. The hotel is also minutes from the Lakeland Center, Lake Myrtle Sports Complex and several major companies, including Publix, Stryker and the Amazon Fulfillment Center. "What an honor it is to be the first TownePlace Suites in the Lakeland area. With our new innovative design, and our proximity to local attractions, we will exceed guest's expectations. Our staff is thrilled to invite everyone to explore the area and enjoy our exceptional customer service." said Justin Boubong, General Manager. "We are ready to 'wow' our guests with our beautiful extended-stay product. We invite everyone to come out and experience the superior value that we provide at our TownePlace Suites Marriott hotel. Our team is looking forward to serving all of your future hotel needs!" said Stacy Counihan, Regional Director of Sales. As one of North America's largest hotel management and development companies, InterMountain Management specializes in the select-service and extended-stay hotel segments. For over 30 years, InterMountain Management's dedication to success is proven in the results as a hotel owner, management company and hotel developer. They currently own and/or manage approximately 70 premium branded hotels nationwide, with an additional 20 in their pipeline. For more information, or to view hotel locations across the U.S., visit their website at www.intermountainhotels.com. TownePlace Suites by Marriott is an all-suite, extended-stay hotel brand in the moderate price range. Ranked highest in the Extended Stay category in the J.D. Power 2013 North America Hotel Guest Satisfaction Index Study, TownePlace Suites has also been #1 for mid-price extended stays in Business Travel News' Hotel Chain Survey in 2011, 2012 and 2013. Ideal for travelers who need accommodations for longer stays, TownePlace Suites offers studio, one-bedroom and two-bedroom suites with fully equipped kitchens and separate living/working and sleeping areas. Launched in 1997, the brand currently has more than 200 locations in the United States and Canada. TownePlace Suites participates in the award-winning Marriott Rewards® frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information or reservations, call the TownePlace Suites at 863-680-1115, or visit www.marriott.com/tpaxl.


News Article | August 26, 2016
Site: phys.org

Even on sweltering summer days, the popular smartphone game has gotten throngs of players out of their homes to real-world locations designated as "PokeStops" and "Gyms." Theme parks, bars and even a county animal shelter are among those trying to capitalize on that surge in foot traffic. In New York, Doughnut Plant created an edible version of the Poke Ball—dubbing it the Pokeseed—after a Pokemon-obsessed employee realized that all four of the company's shops are either PokeStops or very close to one, owner Mark Isreal said. And one location is an in-game Gym, making it a gathering place to both consume and virtually burn off calories. The team at Doughnut Plant designed the fruity treat in less than a day, using cranberry-raspberry and white chocolate icings to recreate the red-and-white Poke Balls, the objects used in the game to capture monsters. The Pokeseed is stuffed with a peach-strawberry cream filling, an imagining of Pokemon's mythical pecha berry. Pictures went out on social media the next morning, "and before they were delivered, people were already coming to the stores," Isreal said. Doughnut Plant has already sold thousands of Pokeseeds, and customers frequently post pictures of them on Instagram. They're still selling strong, so Doughnut Plant has no plan to take them off the menu any time soon. Meanwhile, a trendy food court near New York's Penn Station put up a sign urging passersby to catch a Pokemon instead of a train, while the city's parks department created "PokeFit" classes for kids to play while exercising. Earlier, the Busch Gardens theme park in Florida hosted a Pokemon "lure-a-thon," with some PokeStops accessible only by season-pass members for one hour. The Pawtucket Red Sox baseball team in Rhode Island invited fans onto the field to chase the virtual monsters. Police in Manchester, New Hampshire, even tried to lure fugitives by claiming to have detected a rare Charizard in the booking area. A Facebook post invited those on a list of "lucky ones" to capture the monster—the list happens to be filled with the city's most wanted. Andy Wong of Kurt Salmon Digital, which helps retailers connect digitally with consumers, said the game has worked well for small businesses, though there hasn't been a good way for larger companies with hundreds of stores to automate the "lures" they buy to attract digital monsters—and with them, players and potential customers. And even for small businesses, he said, the ability to draw customers may have diminished as the game loses its novelty. But those that caught the bug early saw tangible benefits. The Phoenix Zoo was a hotbed of Pokemon activity right after the game's release last month, even when temperatures climbed as high as 112 degrees. It helped that a Pokemon Gym was housed in the zoo's conveniently air conditioned orangutan house. After noticing that some visitors were on the hunt for more than just traditional zoo creatures, the zoo opened an hour early at 6 a.m. for a week during what's usually a slow time of year. The zoo also converted its train into a "PokeShuttle" that pointed out PokeStops along with its animal exhibits. On the first day of the promotion, attendance more than doubled from a week earlier, and sign-ups for new memberships spiked, said zoo spokeswoman Kerri Baumann. "It has snowballed in the most exciting and fun way," she said. Given the popularity, zoo officials are considering having additional Pokemon-themed activities, she said. Other furry creatures have benefited, too. The Wake County Animal Center in Raleigh, North Carolina, said its Pokemon-themed social media posts prompted about 25 applications for volunteer dog walkers, about four times what it usually gets. "If people are getting out and walking, why not come out here and walk the dogs and catch some Pokemon?" said Jennifer Federico, Wake County's animal services director. "It's fun and it gets people out." The shelter also named dogs and cats after Pokemon characters in hopes of giving animals that may get overlooked a second chance at adoption, she said. Bars and restaurants are getting in on the action as well, both through numerous Pokemon-themed bar crawls around the country and by taking advantage of nearby stops and gyms on their own. Because street art accounts for a substantial number of PokeStops, especially in big cities, the Tyron Public House bar and restaurant in New York has seen a slight bump in business, thanks to a large mural outside. Some patrons have paid for lures to attract more Pokemon; others return the favor by buying them drinks. "It's kind of fun to see people playing and say, 'Here you go. Enjoy,'" Tyron manager Errol Flynn said. "For us, it's not so much about organized events as much as it is about keeping up with social and what's going on in the neighborhood." Explore further: How to play Pokemon Go


News Article | February 15, 2017
Site: www.prweb.com

Olivia Butler was crowned Miss Tampa 2017 at the 71st Annual Miss Tampa Scholarship Pageant at the Moroccan Palace, Busch Gardens Saturday night, February 4, 2017. Olivia Butler is a 23-year-old graduate of Wake Forest University, NC and is continuing her education at University of South Florida. She is pursing acceptance into medical school. Olivia’s win as Miss Tampa 2017 gives her $5,000 in scholarship money to further her education. Olivia will now compete at the Miss Florida competition on July 1, 2017. “Knowing that I have the opportunity to represent the City of Tampa is a remarkable feeling,” said Olivia Butler. “The other 13 women in the competition were so enjoyable and part of a night that was absolutely incredible in every way.” The Miss Tampa Scholarship Pageant started in 1946, and has awarded hundreds of thousands of dollars in educational scholarships during the past 71 years. On Saturday night, educational scholarships and donations totaling $12,150 were given away to the women with the highest scores: “Our 71st anniversary marks the Miss Tampa Scholarship Foundations mission to educate exceptional young women from the Tampa Bay area,” said Jim Conte, Board of Directors and Marketing Manager for Miss Tampa Scholarship Pageant. The Miss Tampa Scholarship Foundation is an official local franchise of the Miss America Organization. The Miss America Organization is one of the nation’s leading achievement programs and the world’s largest provider of scholarship assistance for young women. The Miss America Organization and it's state and local organizations have made available more than $45 million in cash and scholarship assistance. Contestants are judged on their communication skills, talent, physical fitness, confidence, and grace under pressure. Miss Tampa contestants are young women who are talented, confident, empowered, and become role models for young women. Bob Clark, Executive Director of Miss Tampa said, “Olivia Butler” is an outstanding young woman and we are looking forward to seeing her compete at this year’s Miss Florida competition.” About Miss Tampa The Miss Tampa Scholarship Organization is an official local franchise of the Miss America Organization. The Miss Tampa Pageant is a 501(c)(3) organization and is associated with, The Miss Florida Scholarship Pageant and The Miss America Scholarship Pageant, which are among the largest scholarship providers for women in America today. The Miss Tampa Scholarship Foundation Pageant is one of the oldest preliminary competitions existing in the state of Florida, having crowned their first winner in 1946. For more information, please, visit, http://www.misstampa.org


News Article | February 16, 2017
Site: www.prweb.com

Maronda Homes announces its newest community in the much anticipated, Epperson. The community is located in the rapid-growing Wesley Chapel area, only about 30 minutes north of Tampa. Epperson is a couple of miles east of I-75, between State Roads 52 and 54. Epperson will feature beautifully designed single family homes premiering in the region from the $214s as well as amazing community amenities. What is a Crystal Lagoon? A Crystal Lagoon, the first one in the United States, is coming to Epperson. It’s an enormous 8 acre, 16 million gallon swimming pool that will stretch the length of five football fields. It will be 200 feet wide and up to 8 feet deep with a series of “arms” stretching out. Each “arm” of the lagoon off the center will be about 1/4 mile long! White sand, a water slide, kayaking dock, paddle boarding and small sailboats are all features for the water sports enthusiasts. Family spaces as well a conversation pool with seating will offer amenities for those looking to relax in the sun. Residents of Epperson will be able to take advantage of this one-of-a-kind amenity, not found in any other housing community in the US. Found in many resort areas around the world, these lagoons are filtered and offer all of the best features of a swimming pool and lake for fun and enjoyment. Every home in Epperson comes with ULTRAFi. This community enjoys the fastest internet and WiFi speeds in North America! This means 1 Gigabit of speed throughout the community and you can even choose up to 1 gigabit of speed at home. Forget buffering delays as you play, watch, game, surf and stream by the pool, on the trails, at the playground and right inside your home. Living in an ULTRAFi community comes with smart controlled features already in place and you can customize it with a few switches, security cameras or a full suite of smart home automation. Want to dim the lights? Change the temperature? Set the security? All of this is available in an ULTRAFi community. You can control this from the same room or your smart device If the amenities in the community aren’t enough for your social life, Tampa International Airport, Busch Gardens and Tampa’s Lowry Park Zoo are also within close proximity. Clearwater, St. Pete and Tampa area beaches as well as Tampa Bay are also convenient destinations. Great schools and medical facilities round out the local neighborhood. In addition to all of the shopping staples nearby, the destination shopping of The Tampa Premium Outlets featuring upscale shopping like Saks Off 5th, Cole Haan, Brooks Brothers, Coach, Armani and Tumi are a short drive away. Homes are about to begin construction in the neighborhood. Maronda Homes has begun selling home packages in the much anticipated community. Pre-construction pricing is being offered with lots selling fast in phase 1.


News Article | November 8, 2016
Site: www.prweb.com

The Tampa Bay Technology Forum held their annual industry awards gala last week at Busch Gardens. With over 150 companies competing for just 12 awards, it was a night of fun and suspense. Hivelocity was let off the hook early, however, with their taking home the night’s first award which recognizes one company for Excellence in Service. This award acknowledges one Tampa Bay organization committed to advancing the region’s technology community while demonstrating excellence in quality and innovation. Hivelocity has provided its customers with 100% network and power uptime since the day they opened their TPA1 data center in 2012. When you consider that most data centers aim for 99.9% uptime and 99.999% (aka five nines) is considered elite, maintaining 100% year after year is an impressive feat and undoubtedly qualifies for excellence in service. “From the day we started our company in a basement, our core philosophy has been to always consider the customer’s perspective first. Initially, this philosophy was designed to help us improve every way we interacted with our customers. Over the years, it has become the philosophy that directs our company’s entire culture, who we hire, the tools we develop, how we sell our products and ultimately how we achieve 100% uptime,” says Hivelocity Director of Operations, Steve Eschweiler. Hivelocity owns and operates over 60,000 square feet of data center space where it provides dedicated servers, colocation and cloud hosting solution to customers from over 130 countries. Hivelocity just completed the build out of their brand new TPA2 data center that will accommodate 10,000 new servers and 250 server cabinets. Each of Hivelocity’s facilities is manned 24/7 with Systems Administrators and Engineers ready and able to assist customers with any of their needs. Services are available from Hivelocity in Tampa, Miami, Atlanta and Los Angeles. For more information about Hivelocity, you can visit them at https://hivelocity.net.

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