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Great Wolf Resorts Q308 Conf Call Transcript


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Includes THIS:

...And then the second question has to do with Mason, your business neighbor there, Cedar Fair, has allocated the largest percentage of its ’09 capital spending budget to its Kings Island Park in the form of a world class coaster. Now, those types of moves historically a result of a nice attendance increases, and I was wondering if you would expect any benefit to your Mason business if indeed Kings Island Park sees a significant attendance gain next year?Kimberly K. Schaefer

*** As far as the Mason, with Cedar Fair, that is one of the draws to the area of course, is the Kings Island Resort. So we are very excited about the new roller coaster coming in, and we do have a marketing plan with Kings Island. So we will be executing against that and then we do our marketing plans in the summer due aligned very nicely with Kings Island advertising. So, we’re very excited about that.

And a lot of discussion of trying to extend the maturity of the loan for the Mason, Ohio Great Wolf Lodge, which doesn't seem to be happening...the loan is due the end of November since the Lodge is not meeting the covenants restrictions in the loan needed to qualify for an automatic one year extension.

http://seekingalpha.com/article/104296-gre...call-transcript

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