The Interpreter Posted August 3, 2011 Share Posted August 3, 2011 http://m.prnewswire.com/news-releases/cedar-fair-reports-increased-attendance-and-revenues-in-second-quarter-following-record-year-in-2010-126655523.html Quote Link to comment Share on other sites More sharing options...
IndyGuy4KI Posted August 4, 2011 Share Posted August 4, 2011 Dinosaurs Alive!, the world's largest collection of animatronic dinosaurs at Kings Island, is also proving to be another attraction that the whole family can enjoy. said Kinzel. DA must have went over a lot better than most here thought it would. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 4, 2011 Author Share Posted August 4, 2011 Earnings call transcript: See below, and thanks. Quote Link to comment Share on other sites More sharing options...
jcgoble3 Posted August 4, 2011 Share Posted August 4, 2011 ^ Your link is broken. Here's the corrected link: http://seekingalpha.com/article/284416-cedar-fair-s-ceo-discusses-q2-2011-results-earnings-call-transcript Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 4, 2011 Author Share Posted August 4, 2011 So: Segmenting price customers and those who will pay more is important. West Coast season pass sales and favorable west coast weather helped a great deal. The joint venture Dinosaur attraction at Kings Island is a harbinger of more in park revenue generating attractions to come. The Fast Lane system at Kings Island, ditto. Hotels, signage, rides...at Dorney, Carowinds on the recently announced land acquisitions are all possibilities. Corporate decides what additions are made at the parks, the GM's are responsible for keeping additions on time and in budget. Knotts' WindSeeker is due any day now (and yet West Coast results are the best so far this year). Families spend more than thrillseekers. Water park guests spend less than dry park guests. Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted August 4, 2011 Share Posted August 4, 2011 The joint venture Dinosaur attraction at Kings Island is a harbinger of more in park revenue generating attractions to come. As in Sandusky, 2012? The Fast Lane system at Kings Island, ditto. Again, as in Sandusky, 2012? Corporate decides what additions are made at the parks, the GM's are responsible for keeping additions on time and in budget. As we often suspected. Families spend more than thrillseekers. Water park guests spend lesscthan dry park guests. Which is likely at least partly due to CF being so far behind the curve on Point of Sale and Debiting technologies... a barcoded wristband, linked to a credit card or cash account would make in-park purchasing much, much easier for waterpark guests. Heck, even being able to use your Cedar Fair Resort hotel key for purchasing items would be easier. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 4, 2011 Author Share Posted August 4, 2011 Motley Fool not amused: http://m.fool.com/investing/general/2011/08/03/cedar-fair-is-a-win-seeker Quote Link to comment Share on other sites More sharing options...
Browntggrr Posted August 4, 2011 Share Posted August 4, 2011 For the second quarter of 2011, average in-park guest per capita spending increased 1%, or $0.39, to $38.95. I find it intresting that Six Flags in- park cap spending increased 4% to $17.08 & CF increased 1% to $38.95. Admissions revenue per capita of $22.28 increased $1.88 or 9 percent, in-park revenue per capita of $17.08 increased $0.62 or 4 percent, and overall guest spending per capita increased $2.50 or 7 percent. During the second quarter, guest attendance grew slightly to 8.2 million. http://investors.sixflags.com/phoenix.zhtml?c=61629&p=irol-newsArticle_Print&ID=1588338&highlight Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 4, 2011 Author Share Posted August 4, 2011 The two chains do not compute the measure in the same way. One includes admission, the other does not. When the two components of SIX's measure are added, per cap spending in park is actually higher at Six. Fun has far more out of park revenue than Six. Quote Link to comment Share on other sites More sharing options...
Browntggrr Posted August 4, 2011 Share Posted August 4, 2011 ^ Do have the information that breaks both down? Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 5, 2011 Author Share Posted August 5, 2011 Here again are SIX's "comparable" figures: http://m.poststar.com/news/local/six-flags-reports-profit-revenue-increase-in-second-quarter/article_0d7d5a4c-b6db-11e0-aaa2-001cc4c002e0.html Quote Link to comment Share on other sites More sharing options...
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