National Park Service Sitting On Half-A-Billion Dollars Of Concessions Obligations
Across the National Park System, the National Park Service has an estimated half-a-billion-dollars of obligations owed concessionaires who run lodges, restaurants, and even some activities. It's a sum that, while agency officials say it's manageable, has seemingly stifled concessions competition in some parks and diverted tens of millions of dollars from others to reduce debts.