Orion-XL200 Posted March 18 Share Posted March 18 https://www.hfecorp.com/whats-new/herschend-to-acquire-palace-entertainments-us-attractions-from-parques-reunidos/ 1 Quote Link to comment Share on other sites More sharing options...
BeeastFarmer Posted March 18 Share Posted March 18 Wow that's some news. Hopefully it's not biting off more than they can chew. 2 Quote Link to comment Share on other sites More sharing options...
ReedObsessor Posted March 18 Share Posted March 18 Kennywood and Dollywood under the same ownership... something about that feels a bit odd to me. Kenny Rogers often did duets with Dolly Parton, and people often mistakenly associate Kennywood with him. Kennywood (and their Jack Rabbit coaster) have been around well before Kenny Rogers was even born. Also, I dug up an article about Kenny Rogers suiting up with the Steelers in 1980 for the "Kenny Rogers' America" special on CBS. So putting something Kenny Rogers related in Kennywood isn't completely out of the question (though it would add to the confusion). Quote Link to comment Share on other sites More sharing options...
Orion-XL200 Posted March 19 Author Share Posted March 19 Couldn't be worse than Palace for those newly acquired parks, lol. Quote Link to comment Share on other sites More sharing options...
Oldiesmann Posted March 19 Share Posted March 19 I think this will be a good move. Several Kennywood locals who I'm friends with on FB are happy about this. Quote Link to comment Share on other sites More sharing options...
jzarley Posted March 19 Share Posted March 19 This is a good thing for those parks—Herschend is a quality operator (their quality and approach reminds me of the old Busch Entertainment Corp back in the day ) I thought maybe SeaWorld (aka United Parks) would pick up those parks considering John Reilly is at Parques Reunidos and his history with SeaWorld. (Although, that history may have made it *less* likely that he wanted to strike a deal with them ) 1 Quote Link to comment Share on other sites More sharing options...
Orion-XL200 Posted March 20 Author Share Posted March 20 The only thing I'm worried about is the loss of operational things that give parks like Kennywood their flavor (no airgates, rerides, etc.) 1 Quote Link to comment Share on other sites More sharing options...
brenthodge Posted March 20 Share Posted March 20 On 3/18/2025 at 7:00 PM, BeeastFarmer said: Wow that's some news. Hopefully it's not biting off more than they can chew. thats my concern a little bit, but TODAYS Herschend is way different than the HFE of only 10 years ago. 1 Quote Link to comment Share on other sites More sharing options...
BeeastFarmer Posted March 20 Share Posted March 20 3 hours ago, brenthodge said: thats my concern a little bit, but TODAYS Herschend is way different than the HFE of only 10 years ago. Can you expound on this a bit? HFE would be the perfect operator of the aquarium, water park etc. But I don't know about the roller rinks or whatever else it is that palace owns. Quote Link to comment Share on other sites More sharing options...
jzarley Posted March 21 Share Posted March 21 ^ yeah, I was wondering about the non-park holdings as well. I wonder if Herschend will hold on to the park side of the business but sell-off the FECs and other non-park assets? Quote Link to comment Share on other sites More sharing options...
brenthodge Posted March 21 Share Posted March 21 2 hours ago, jzarley said: ^ yeah, I was wondering about the non-park holdings as well. I wonder if Herschend will hold on to the park side of the business but sell-off the FECs and other non-park assets? I could see that to service some of the debt that I’m sure they are taking on. 1 Quote Link to comment Share on other sites More sharing options...
SmartCat7162 Posted March 21 Share Posted March 21 4 hours ago, jzarley said: ^ yeah, I was wondering about the non-park holdings as well. I wonder if Herschend will hold on to the park side of the business but sell-off the FECs and other non-park assets? What is an FEC never heard that term before. Quote Link to comment Share on other sites More sharing options...
Rivertown Rider Posted March 21 Share Posted March 21 ^ A Family Entertainment Center. Scene 75 and Malibu Jack's are some local examples. Quote Link to comment Share on other sites More sharing options...
jzarley Posted March 21 Share Posted March 21 ^^ yeah, sorry—I shouldn’t have used an acronym without defining it Quote Link to comment Share on other sites More sharing options...
WoodVengeance Posted March 21 Share Posted March 21 I'm guessing this means we'll get more park ticket discounts in 2026? For when I go back to Kennywood at some point in the future, it'd be nice to get a park discount for having a Kentucky Kingdom season pass. Quote Link to comment Share on other sites More sharing options...
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