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NEWS
Six Flags' visitor figures could be cause for concern
POSTED 22 Jul 2014 . BY Alice Davis
A sign at Six Flags New Orleans, which has been closed and abandoned since Hurricane Katrina hit Louisiana in 2005 Credit: Infrogmation via Flickr
Pressure is mounting on Six Flags as attendance figures begin to suggest a less than rosy picture. The most recent numbers, for April to June this year, show an eight per cent decrease in visitors across the company’s parks.

The knock-on effect was sharp and immediately felt, with Six Flags’ share prices tumbling 4.1 per cent following the news. Not all the figures are bad though, and investors will be relieved that the US-based amusement park operator posted better than expected Q2 profits – $85.3 million (£50m, €63.3m), up from $47.4 million (£27.8m, €35.2m) the year before – and an 11 per cent increase in average visitor spend.

In June, the company also announced it had agreed a partnership with a developer
to build Six Flags-branded theme parks in China, as well as a prior deal to expand into Dubai in 2017.

Nevertheless, news of the drop in ticket sales is sure to cause uneasiness. The TEA/AECOM index for 2012 showed Six Flags pulled off a respectable six per cent increase in guests since 2011. The same index, however, for 2013, showed a year-on-year increase of just 1.4 per cent, from 25,750,000 in 2012 to 26,100,000 last year.
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UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
+ More news   
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Job location: mount batten centre, plymouth , United Kingdom
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COMPANY PROFILES
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
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08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
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Jobs    News   Products   Magazine   Subscribe
NEWS
Six Flags' visitor figures could be cause for concern
POSTED 22 Jul 2014 . BY Alice Davis
A sign at Six Flags New Orleans, which has been closed and abandoned since Hurricane Katrina hit Louisiana in 2005 Credit: Infrogmation via Flickr
Pressure is mounting on Six Flags as attendance figures begin to suggest a less than rosy picture. The most recent numbers, for April to June this year, show an eight per cent decrease in visitors across the company’s parks.

The knock-on effect was sharp and immediately felt, with Six Flags’ share prices tumbling 4.1 per cent following the news. Not all the figures are bad though, and investors will be relieved that the US-based amusement park operator posted better than expected Q2 profits – $85.3 million (£50m, €63.3m), up from $47.4 million (£27.8m, €35.2m) the year before – and an 11 per cent increase in average visitor spend.

In June, the company also announced it had agreed a partnership with a developer
to build Six Flags-branded theme parks in China, as well as a prior deal to expand into Dubai in 2017.

Nevertheless, news of the drop in ticket sales is sure to cause uneasiness. The TEA/AECOM index for 2012 showed Six Flags pulled off a respectable six per cent increase in guests since 2011. The same index, however, for 2013, showed a year-on-year increase of just 1.4 per cent, from 25,750,000 in 2012 to 26,100,000 last year.
RELATED STORIES
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
+ More news   
 
COMPANY PROFILES
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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