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Revenue Continues To Fall At Busch Entertainment


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Sales at Orlando-based Busch Entertainment Corp. continued to fall in the third quarter, but the pace of the decline eased from earlier in the year....

For the first nine months of the year, BEC's sales fell 6.8 percent, from $1.14 billion to $1.06 billion....

...AB InBev does not release attendance figures. But earlier this week, analysts at the ratings firm Moody's Investor Service predicted that BEC's attendance will fall 7 percent in 2009, dropping by about 1.8 million visitors to 23.6 million....

http://www.orlandosentinel.com/business/or...0,4894769.story

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And SeaWorld Orlando proceeded to bump up admission price to like...78 dollars? :P

I can tell you the bulk of the decreases aren't coming from the Orlando market.....so say what you will about the price increase. While I'm not happy that any of the Parks here raised ticket prices yet again, there are still ample discounts and packaging options that make them relatively cheap to visit. Add to that, in park prices really haven't increased all that much.....so my visits IN the park are still far cheaper than at KI. Perhaps if they raised the food to outrageous prices and served poor quality, cheaper products at the same time, that would offset the loss of revenue.....cause obviously THAT has helped Cedar Fair oh so much ;-)

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