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Facing closure, Vancouver Aquarium sold to U.S. entertainment company


Herschend, based in Atlanta, operates properties such as Dollywood, an amusement park owned with legendary entertainer Dolly Parton, as well as the Harlem Globetrotters, and two other aquariums.
Lasse Gustavsson, president and CEO of Ocean Wise Conservation Association, the non-profit formed in 2017 to operate the Vancouver Aquarium located in Stanley Park, said when the aquarium closed last September and permanently laid off 209 full- and part-time workers, it started exploring how it was going to survive. While it was open during the summer, revenue dropped by about 75 per cent.
“It’s not cheap to run an aquarium, and running an aquarium without any income is only possible for a short period of time, especially for a non-profit organization like ours,” Gustavsson said during a virtual news conference on Thursday. ....

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