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NEWS
Visits and profits down at Cedar Fair
POSTED 15 Feb 2010 . BY Tom Walker
Theme park operator Cedar Fair suffered a 7 per cent decrease in visitor numbers during 2009, mainly down to a big fall in group and season pass sales.

As a result, the group said that park-level operating revenue fell by 15.7 per cent - from US$355.9m in 2009 to US$299.9m.

Dick Kinzel, Cedar Fair's chair, president and chief executive officer, said: "The decrease in attendance was primarily the result of a sharp decline in group sales business, which was negatively affected by the poor economy; a decrease in season pass visits due to a decline in season pass sales during the year; and poor weather, particularly cooler than normal temperatures throughout much of the season in both our northern and southern regions.

"During this same period average in-park guest per capita spending decreased 1 per cent, or US$0.57.

"Out-of-park revenues, which represent the sale of hotel rooms, food, merchandise and other complementary activities located outside the park gates, decreased 7 per cent, or US$7.3m, due primarily to lower occupancy rates at most of our hotel properties."

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NEWS
Visits and profits down at Cedar Fair
POSTED 15 Feb 2010 . BY Tom Walker
Theme park operator Cedar Fair suffered a 7 per cent decrease in visitor numbers during 2009, mainly down to a big fall in group and season pass sales.

As a result, the group said that park-level operating revenue fell by 15.7 per cent - from US$355.9m in 2009 to US$299.9m.

Dick Kinzel, Cedar Fair's chair, president and chief executive officer, said: "The decrease in attendance was primarily the result of a sharp decline in group sales business, which was negatively affected by the poor economy; a decrease in season pass visits due to a decline in season pass sales during the year; and poor weather, particularly cooler than normal temperatures throughout much of the season in both our northern and southern regions.

"During this same period average in-park guest per capita spending decreased 1 per cent, or US$0.57.

"Out-of-park revenues, which represent the sale of hotel rooms, food, merchandise and other complementary activities located outside the park gates, decreased 7 per cent, or US$7.3m, due primarily to lower occupancy rates at most of our hotel properties."

MORE NEWS
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
The Toverland theme park in the Netherlands has announced a €98m expansion programme that will add a resort, new attractions and staff facilities as it pursues plans to become a multi- day destination.
Butterfly sanctuary to host hot yoga during retreat at Jersey Zoo for Hotel de France
Hotel de France, located on the British Isle of Jersey, has created a wellness retreat package that includes a hot yoga session that will take place in Jersey Zoo’s butterfly sanctuary.
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COMPANY PROFILES
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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