Chris Pine did great, but he didn't draw in 9 million dollars worth of people who won't watch the movie otherwise.
The sequal should cut the big name actors. Maybe focus more on Doric, Simon, and Xenk and maybe Edgin's daughter who should be an adult by then. Make her a Bard like her dad, but one that casts spells, but make her different from her Dad by making it Divine Spells, instead of the Arcane Spells he can allegedly cast, but never does.
Maybe add in an Aasimar or a new Goliath lineage.
And focus it more on one region, say Cormyr that you can film in a more affordible location like Canada. Or Mulhand, which you could shot in Egypt.
And no Corona virus should help.