Universal’s new Epic Universe park delayed due to virus outbreak
Construction on Universal Orlando’s new Epic Universe theme park has been delayed due to the coronavirus outbreak, executives with Comcast said.
Executives said during an earnings call Thursday morning that construction has been delayed, but did not provide details about how it would affect the project’s timeline during the call.
Comcast executives said in October that Universal’s Epic Universe theme park was set to open in Orlando in 2023.
Orange County Mayor Jerry Demings revealed Thursday that he has been told construction has been delayed a year.
During the call, Comcast said theme park revenue was down 32% in the first quarter of 2020. The losses will be worse in the second quarter, Roberts said.
Universal Orlando has been closed for business since March 16. Earlier this month, it was announced Universal will remain closed until at least May 31.
Comcast executives said during the call that they don’t know when reopening of the parks will happen.
Disney, which has also had theme parks closed in Central Florida since mid-March, is expected to announce its first quarter earnings on Tuesday.