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Benjamin22

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Benjamin22 last won the day on January 12 2020

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  • Gender
    Male
  • Location
    Ohio
  • Interests
    Rollercoasters & Kings Island obviously?

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  1. Merger will go through almost certainly, this over zealous DOJ hasn't been very effective in all there attempted anti trust measures.
  2. Yikes, terrible sign for the future of the park. Grateful I grew up going to the park pre-covid so I got to experience that Version rather then whatever this is.
  3. So happy it didn’t renew my pass, no way is it worth $1300 anymore.
  4. But But... Six Flags sucks and has a bunch of budget cuts!!!! Cedar Fair is no longer the brand it was pre-pandemic. In 2019 they had several high quality seasonal events that are now shells of their former selves. Exactly why I don't care about this merger going through since there isn't much more that this park can sink.
  5. Renaming Banshee to some tacky DC name would make the area worse imo.
  6. Based off the wording during the Q&A they immediately don't seem to have any plans to sell off any of the parks, as Richard mentioned it's hard to grow your revenue when you sell off parks. That being said, if there certain parks that don't integrate well for whatever or suddenly just don't make sense in the long term vision of the chain then I suppose they could be sold off. However the mentality seems to be that each park is a unique, irreplaceable asset that they would like to keep.
  7. Welp, all I can say is that fans need to be vocal about if they want that tacky carnival super hero crap in their parks or not. I for one will NOT go to the park if they have a DC themed area.
  8. TBF GE was a total house of cards that NEVER deserved the reputation it had in the late 90's and early 2000s. But yes I agree, I foresee there to potentially be some issues trying to steer this larger company. One of the easiest ways to get around this will be to get rid of assets that don't align with the companies future.
  9. Okay so after thinking this over for a bit here are my overall thoughts on what the next 5 years will likely look like: I don't think we're going to see any dramatic changes the first 2ish years as most of the companies efforts will be spent on consolidating corporate operations. I.e only having one pass system, consolidating park apps, switching over all of the parks to a single IT system, consolidating account ect. This is where most of the cost savings from the merger will be coming from. I'd assume that they'll be no major new rides the next two years UNLESS they're already being planned (I.e Canada's wonderland B&M). The price of season passes will not change that much. People have this very strong misconception that regional parks compete against other regional parks, this isn't really true for the most. Most regional parks competition is local entertainment options. Would I rather go to haunt or a night out in OTR etc that kind of thing. The chains are already struggling to attract customers from pre covid, raising prices will only turn more people away. For the next 4-5 years I expect most of the Capex to be focused on the Six Flags chain. We saw this with the Paramount Parks deal where the Paramount Parks tended to get the major Capex (The 3 B&M hypers, KD Giga etc) for the first few years after the merger. Although I expect most of these investments to be in a little "boring" but important areas such as improving food operations. Food and seasonal events have been a MAJOR part of Cedar Fairs strategy so I expect them to immediately turn their focus on investing in these areas for the Six Flags Parks. I think they'll be a reevaluation in what parks are getting the major CAPEX. It's been no secret that in the past few years parks like Carowinds & Canadas Wonderland have been the focus for the chain. However given their struggles this season I can easily see Cedar Fair Focusing their attention on some of the newer Six Flags parks that they view to have more potential. I can easily see large investments coming to some of the southern parks who might actually be able to succeed year around while Carowinds failed to do so. For parks like KI, CP & Knott's I don't see the investment strategy changing all that much long term, just that for the next few years I foresee smaller then we're used to investments. Overall this deal makes sense and I don't think it'll be the end of the world. The biggest thing Im curious about is the chains integration of the DC theme. Cedar Fair has emphasized themed local or unique experiences (I.e Redwood themed area for CGA, Frontier Canada) DC is very unlike that imo. It feels like cheap tacky carnival crap. My assumption is it'll be up to the parks on if they want to pull the trigger on that. Another big thing I wonder is how much autonomy the parks will be getting. Under current Cedar Fair operations large parks like KI, CP etc got a lot of leeway with how their ran their parks and what types of investments they're looking for. I can see both the benefits and the downsides to this approach for this new larger mega chain.
  10. I really hope that tacky theme doesn’t come to Kings Island.
  11. Don't worry, Im sure Richard will make sure the combined companies synergies will unlock new opportunities to bait and switch pass holders
  12. How is this a monopoly? Regional amusement parks are peanuts compared to the larger destination entertainment providers. Also throwing around monopoly doesn’t really make sense in this context given for the most these parks aren’t near eachother.
  13. Wouldn’t surprise me if it actually went through this time, Cedar Fair is a shell of its former self and this could maybe give the chain an opportunity to course correct with a new stronger company.
  14. Glassdoor seems to show manager salaries at CedarFair are similar to what’s posted on this job listing. Cedar Fair in general is not a very high paying company for most positions.
  15. That’s terrible pay ngl. Especially for 3 years experience what a joke.
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