Your Assistance Please

We need your help to battle spammers and also to keep our community user friendly.
PLEASE BE KIND TO OTHERS - Refrain from personal attacks. Avoid politics and harsh language whenever possible. If someone is violating our simple rules, DO NOT confront them, simply report the post.
STOP SPAMMERS - Report the post. DO NOT respond to them.

2017 is a year of renewal for us, we have lots of exciting changes on the way for you, but we don't have time to deal with trolls and spammers. If you find yourself suspended and need to plead your case, you will need to do so after your suspension. We are happy to address your concerns if you made a simple mistake. However, please note that those with a history of bad behavior and pushing our rules to the limit will not be given the courtesy of a reply.

MiceChat offers a number of ways for you to communicate and get involved. We offer Facebook Groups and Pages, Twitter, Instagram and Pinterest accounts. We have a front page filled with amazing content. We offer weekly meetups in the parks. Meets and events all over the world. Podcasts and videos. And we continue to maintain forums for your posting convenience. But with all those options, we can't be everywhere all the time. We need YOUR help. Please don't poke the trolls. Report posts and leave reputation. We'll do our best to keep the forums clean and active, but we can't do so without your help.

Thank you for your support folks, it's going to be a really fantastic year in the MiceChat world.
See more
See less

Summer Springs Eternal May 19, 2005


Ad Widget

This topic is closed.
  • Filter
  • Time
  • Show
Clear All
new posts

  • Summer Springs Eternal May 19, 2005

    If it's May, it must be amusement park season. Most of the regional establishments kick off their 2005 operating year this month, though it won't be until July and early August that their turnstiles really start to fly. The most popular of the parks, such as the Six Flags (NYSE: PKS) and Cedar Fair (NYSE: FUN) properties, may draw in excess of 3 million guests in any given year, with almost all that traffic coming between May and October.

    The parks have been doing their part to milk more out of their properties. In November, Cedar Fair transformed one of its resorts just off the Cedar Point peninsula into an indoor waterpark resort. Later this year, Six Flags will also open a 200-suite lodge with an indoor waterpark adjacent to its Great Escape amusement park in Lake George, New York.

    And, as we reported earlier this month, Viacom (NYSE: VIA) has struck a partnership with Great Wolf Resorts (Nasdaq: WOLF) to open an indoor waterpark resort at its Paramount's Kings Island destination. Yes, that kooky hospitality industry trend that started out in the Wisconsin Dells has graduated to the amusement park chains. Indoor water parks are everywhere.

    The emphasis on producing more active off-seasons has paid off as Cedar Fair and Six Flags have been able to grow revenues during the typically sleepy December and March quarters. Cedar Fair's top line grew by 12% and 7%, respectively, while Six Flags has seen its revenues advance by 11% and 21% over the same two periods.

    That's important. While major corporations like General Electric's (NYSE: GE) Universal, Viacom, and Anheuser-Busch (NYSE: BUD) also operate amusement parks -- many of which are in Florida and California where the parks are open all year long -- Cedar Fair and Six Flags live and die exclusively at the gate. They don't have financial services, cable networks, or brewskis to balance out the seasonal turbulence.

    That's why the operators will spend the next few months hoping for kind weather as well as a respite in gas prices. While soaring fuel costs aren't likely to keep the locals away, the parks would clearly prefer more disposable income in patrons' pockets.

    So while solstice watchers may point out that summer is officially a month away, the amusement park operators know better. Summer's here.
    Member 216

Ad Widget