Six Flags attendance and revenue down in 2003
Posted March 8, 2004, 8:18A |
Contributed by Red Garter Rob
According to a press release issued last week, Six Flags revenues in 2003 were $1.24 billion, representing a 0.5% decrease from 2002 revenues.
The decrease resulted from a 1.8% decline in attendance, offset by a 1.4% increase in total per capita revenues. On a same-park basis, excluding from both periods the results of the New Orleans park, which was acquired in late August 2002, revenues were down $28.8 million (2.3%) in 2003, with attendance down 3.8% and per capita revenues up 1.6%. Net loss for the year was $61.7 million. The company blames the decreases on the "persistent economic slowdown and very poor weather."
Read more from AP via ABCNews.com or get the full press release from Six Flags.