freaks76 Posted July 10, 2016 Share Posted July 10, 2016 And even that, 6 still seems a little early to me. At least on a major holiday. 4 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 11, 2016 Author Share Posted July 11, 2016 Yesterday: $5 Sunday. By all accounts, the park was packed. 3 Quote Link to comment Share on other sites More sharing options...
RollerNut Posted July 11, 2016 Share Posted July 11, 2016 Yesterday: $5 Sunday. By all accounts, the park was packed. Similar to Freestyle Music Park, my wife and I got two admission tickets for $17.76. The park ended up being packed later in the day but they still couldn't pay the bills. 3 Quote Link to comment Share on other sites More sharing options...
IBEW_Sparky Posted July 11, 2016 Share Posted July 11, 2016 While I see the concept of "giving away the gate", and while I wish it would have worked for FMP, the key is to get guests to spend the savings (and hopefully more) in the park. More often than not, its unfrotunately been proven ineffective, and I dont see it being any different in this case. Tick tock. 2 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 11, 2016 Author Share Posted July 11, 2016 Because of unavailability of a courtroom, the next bankruptcy hearing has been moved from July 12 to July 14 at 10 A.M., local legal sources say. Meanwhile, a local news online source is still reporting the hearing is tomorrow. It reportedly isn't. 4 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 13, 2016 Author Share Posted July 13, 2016 The calm before the storm? Thursday is tomorrow. A day of reckoning? Or just another delay before the matter is ultimately resolved? Someday? Stay tuned.... 2 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 14, 2016 Author Share Posted July 14, 2016 More delay: http://www.meadvilletribune.com/news/conneaut-lake-park-s-bankruptcy-plan-may-be-complete-by/article_bfbfbd24-49db-11e6-8a4b-53c7d4a2056b.html Maybe by fall. Please note this source has not been very reliable in the past. 1 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 15, 2016 Author Share Posted July 15, 2016 A much, much better article: http://www.goerie.com/conneaut-lake-park-reorganization-plan-is-work-in-progress It actually makes sense and says something. The disclosure statement objection was joined by another, from the sewer authority. The lead creditors attorney said this was the park's last shot and that at some point, it may have to wave the white flag. The park is still losing money. Land sales are not going as well as hoped. The Beach Club insurance proceeds issue remains to be decided. The reorganization plan must be amended in the face of the objections. A draft is expected in about two weeks. Hearing in August or September. A park with no clear plan has gotten to sneak in another season. Want to go to Conneaut Lake Park? Better make it now. 4 Quote Link to comment Share on other sites More sharing options...
freaks76 Posted July 15, 2016 Share Posted July 15, 2016 Using the skin of their teeth. I'd like to go, if anything just to see the place with my own eyes. Don't see it happening, though. 2 Quote Link to comment Share on other sites More sharing options...
RollerNut Posted July 15, 2016 Share Posted July 15, 2016 Extremely unlikely but I wonder if a company like Apex, Fun Spot America, Palace Enterainment could turn this place around. Of course, I would be shocked if anyone else would even have interested in saving this park. I personally think CLP appears to have a bad location, no interstate exit if one is even nearby plus I had to look for the lake. Cross-threading here but I wonder if Camden Park would benfit from a closer interstate exit? 2 Quote Link to comment Share on other sites More sharing options...
jcgoble3 Posted July 16, 2016 Share Posted July 16, 2016 More delay: http://www.meadvilletribune.com/news/conneaut-lake-park-s-bankruptcy-plan-may-be-complete-by/article_bfbfbd24-49db-11e6-8a4b-53c7d4a2056b.html Maybe by fall. Please note this source has not been very reliable in the past. From the same source: Bankrupt Conneaut Lake Park starting to make money http://www.meadvilletribune.com/news/local_news/bankrupt-conneaut-lake-park-starting-to-make-money/article_bbf71e12-4a26-11e6-b690-5b5730f42257.html Includes revenue figures at the bottom, plus a comparison to the figures from the same period in 2015. 2 Quote Link to comment Share on other sites More sharing options...
freaks76 Posted July 16, 2016 Share Posted July 16, 2016 ^^ I don't know that the exit would make much difference for Camden. Where you get off 64 now isn't far at all from the park. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 16, 2016 Author Share Posted July 16, 2016 @jcgoble3: That article you cite is an excellent example of the Meadville Tribune. The park is not starting to make money. Revenue is up, yes. Losses, too. That's like the guy who was losing money on every sale and who cheerfully intended to "make it up on volume." As long as you are loss-making at the same or higher rate, the more the revenue, the bigger the loss. Also why so many parks like to report EBITDA. There's a reason there are generally accepted accounting principles. In the real world, one typically must pay interest and taxes (witness Conneaut Lake Park) and account for depreciation and amortization. The end appears to be coming. I'm not quite certain which is typically more befuddled and more of a cheerleader, The Sandusky Register or The Meadville Tribune. 4 Quote Link to comment Share on other sites More sharing options...
PhantomTheater Posted July 17, 2016 Share Posted July 17, 2016 I personally think CLP appears to have a bad location, no interstate exit if one is even nearby plus I had to look for the lake. CLP is 10 miles from interstate 79 via US 322/6 most of which is 4 lane. 3 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 17, 2016 Author Share Posted July 17, 2016 Screamscape has picked up the "the park is making money" story. Revenue? Yes. Profit? Uh, no. 2 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 17, 2016 Author Share Posted July 17, 2016 Kiddieland Gift Shop Burgled: http://www.meadvilletribune.com/news/conneaut-lake-park-gift-shop-burglarized/article_ff5db308-4bae-11e6-839e-ef2e2f9deb57.html 1 Quote Link to comment Share on other sites More sharing options...
freaks76 Posted July 17, 2016 Share Posted July 17, 2016 How in the world did it take so long for them to notice that?? Talk about insult to injury. 3 Quote Link to comment Share on other sites More sharing options...
Kenban Posted July 17, 2016 Share Posted July 17, 2016 How in the world did it take so long for them to notice that?? Talk about insult to injury. I believe it is only open Friday to Sunday. So if it happened on Monday the earliest it would be noticed is Friday. 1 Quote Link to comment Share on other sites More sharing options...
bkroz Posted July 17, 2016 Share Posted July 17, 2016 I can't accurately word my feelings on this place. I went. Paths buckled and cracked from tree roots growing beneath, shanty buildings with collapsing roofs, rusted rides. With all due respect for the locals who must have a strong connection to this place (as any of us would), we're not just talking about an uphill battle, y'know? We're talking about a derelict collection of rusted carnival rides set up in a place that obviously has no business being an amusement park. If I walked in and looked around knowing nothing of the behind-the-scenes mess, I would say, "It's over." And that's before factoring in the incredibly complex legal stuff and financial stuff and debt that I'm only aware of because of this website. That's not just a cherry on top, it's a gravestone. It's over. Could Palace Entertainment come in, buy the place, settle the debt, and begin a makeover for $15 million? Probably. But why, oh why, would they? This park is clearly not meant to survive. It's tragic and sad and heartbreaking for those who grew up with the park, but c'mon. Location, location, location? Just because a park has always been there doesn't mean one will or SHOULD always be there. If it's over, it's over. And man... walking around at Conneaut Lake Park... it's over. I'm glad I was told to go by members here; I'm glad I went; I'm surprised that I still have the opportunity to go. I wouldn't have thought it would be open another year longer. 8 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 17, 2016 Author Share Posted July 17, 2016 How in the world did it take so long for them to notice that?? Talk about insult to injury. I believe it is only open Friday to Sunday. So if it happened on Monday the earliest it would be noticed is Friday. No security on days the park isn't open? At all? Houses in the park and no one noticed? Really? 4 Quote Link to comment Share on other sites More sharing options...
Oldiesmann Posted July 18, 2016 Share Posted July 18, 2016 It's definitely an interesting place, especially with the hotel and lake/beach, but there's not a lot there to draw people there from outside the area. It's kind of in the middle of nowhere as well (from I-90 I got routed through various small towns before ending up on the road next to the park, and routed through more small towns to I-79 to get to Erie), which doesn't help. With a ton of work it could possibly be a tourist area again but it seems more like a bunch of rides set up to give people visiting the lake something else to do. Sent from my LG G5 using Tapatalk 2 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted July 21, 2016 Author Share Posted July 21, 2016 So, the required monthly financial statement has been filed with the Court. Newspapers there say the park is making money. Nope. In June, the park showed yet another loss. Higher revenues does not mean profit. It may. It may not. Here, it did not. The park's debt increased. Again. 5 Quote Link to comment Share on other sites More sharing options...
PhantomTheater Posted July 25, 2016 Share Posted July 25, 2016 More cheerleading puff type piece. http://www.sharonherald.com/opinion/editorials/conneaut-lake-park-on-an-uphill-swing/article_583fca43-9a65-5198-8e01-54d5b67b4d1a.html 1 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 2, 2016 Author Share Posted August 2, 2016 Park Creditors To Vote On Revised Reorganization Plan: http://www.goerie.com/news/20160802/creditors-to-vote-on-conneaut-lake-park-reorganization-plan 4 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 5, 2016 Author Share Posted August 5, 2016 The Cliffhanger Falls Waterslide is scheduled to open Saturday, with SIX, yes SIX public operating days left, according to the court filed park schedule, local legal sources say. 5 Quote Link to comment Share on other sites More sharing options...
PhantomTheater Posted August 5, 2016 Share Posted August 5, 2016 http://www.meadvilletribune.com/news/local_news/conneaut-lake-park-s-kiddie-pool-water-slide-set-to/article_e54bf72c-5a95-11e6-b477-5f1ffad8fdc0.html More on water slide reopening. 3 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 9, 2016 Author Share Posted August 9, 2016 This Sunday: Amusement Park: $5 Ride All Day. Water Park: $10 All Day. Combo: $15. Dry Park: noon to 8. Water Park: noon to 6. Pricing integrity thrown to the wind... 4 Quote Link to comment Share on other sites More sharing options...
Oldiesmann Posted August 19, 2016 Share Posted August 19, 2016 https://www.facebook.com/newconneautlakepark/posts/1096163863798443 We would like your opinion. As part of our strategy to expand CLP, and to extend its utilization to year-round, we are considering the future conversion of the Convention Center (40,000 square foot yellow building on Reed Avenue) to a “family fun center”. This facility would operate year-round and in all weather conditions and include electric go-karts, climbing walls, arcade, laser tag and concessions. If such a facility were developed would you utilize it? Thanks for your valued input and continued support. 4 Quote Link to comment Share on other sites More sharing options...
PhantomTheater Posted August 19, 2016 Share Posted August 19, 2016 My head hurts trying to figure out how this is logical or even has the possibility of being successful. 2 Quote Link to comment Share on other sites More sharing options...
Oldiesmann Posted August 19, 2016 Share Posted August 19, 2016 I'm wondering the same, especially given that Conneaut Lake isn't exactly a bustling area. Erie is only an hour away, but even so, it's still a rather rural area. 2 Quote Link to comment Share on other sites More sharing options...
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