Parks! America reopens Pine Mountain park after storm damage; expects $2.0-2.5M cleanup cost

PARKS AMERICA, INC

Park closed 20 days (Mar 26–Apr 15) after tornadoes & 9+ inches rain; 4,500 trees fell.
Spring break closure historically represents 10%–15% of annual revenue.
Cleanup cost estimated $2.0–$2.5 million; insurance proceeds not expected above $700,000.
Walkabout Adventure to reopen in phases: first by mid-May, remainder in 2024.
Management exploring redirecting future capital investment at the Park.

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