Mmmm.... personally I agree with you, although I've never had any direct experience with them - but I think we are in the minority?
They are still 'on the list', but so far down it as to be irrelevant into the medium term. We have made some major investments over the past few years, and consolidation was always to be the next 'phase', even before it was forced on us. That's not to say there wont be any more nice arrivals, and the completion and conversion of existing jobs - but anything big is now off the cards, unless a big donor comes forward with ring-fenced funds for a specific project..
I agree that the tone was unpleasant, but the basis does have something behind it. Newquay has a long history, and has been turned around before. It and (it's town) are facing serious challenges now. I have never visited ( I did go to Bird Paradise and Padstow, which gives you a clue to the timing of my last visit to Cornwall), but reports from everyone who has been to Newquay have been glowing.
In the few days and weeks that zoos have been open we are beginning to see a split - those close enough to population centres for short personal visits made by private car by a public with a pent-up desire to 'get out, somewhere, almost anywhere' - and those dependent on large numbers of in-bound seasonal holidaymakers, because they are situated in a 'tourist' area, or on an island.