Bye bye Astroworld!

evrebodie wants SWAT but have ya ever been on it? its not that much fun ,you will like it but it is really boring.(coming from a person who gos to astroworld alot).
Does somebodie know what the hell is going to be on astroworld turf after they tear it down. Sombodie has to know FOR SURE.
Mamoosh's avatar
Why would I have to work in SF management to know that? When I co-ran S&D Greetings I spoke and made connections with people all thru the industry, all of whom I still speak with.

Fierce Pancake said:
It's preposterous to accept that SFAW vastly underperformed.

For the size of the population in Houston, I am suprised it attracted 1.4 million visitors last year. I've been to Houston a few times and I am from Atlanta and found them to be very similar: both have a bit more than 4 million people in the metro areas, both have a good economy and similar demographics (and as UCLA found in a study, the Hispanic population play a huge role in theme park attendance), and Houston has even more hispanics than Atlanta. Yet, in the end, SFOG did much better attendance wise, so I think that it is safe to say that Astroworld underperformed. Now, is that in large part due to a lack in major additions? Probably, but the fact that they underperformed (and could have done a lot better IMO) is still there.

*** Edited 9/14/2005 1:36:35 AM UTC by Jophish***


Jophish said:

Fierce Pancake said:
It's preposterous to accept that SFAW vastly underperformed.

Now, is that in large part due to a lack in major additions? Probably, but the fact that they underperformed


I think Pancake is correct. You do have to take the lack of major addtions in consideration, and funding of restoration needs, therefore they really did not underperform given the circumstances.

Well all i now is that it will be missed oh well all thing must come to and end some day but hopefully some one will open up a theme park some were in housten soon
Oh and Gonchar why cant you do a gallery of six flags astroworld before it closes you know as a lasting memory to it?

kRaXLeRidAh said:
Yeah uh huh. And since when did you work with Six Flags upper management to make such a confident statement? I'm pretty sure the park's declining attendance over the years played some part in the decision for its closure.

What are you talking about?

In 1999, attendance at SFAW was 1.9 million.
In 2003, attendance at SFAW was 1.7 million.
I don't have a figure for 2004, other than it came in at #39, which puts it somewhere in the neighborhood of 1.6 million.

So, from 1999-2003, the park dropped just 300,000 people per year (or 16%).

From 1999-2004, SFGAm lost 800,000 people (or 26%). And guess which park is still a corporate favorite?

In other words, attendance delinces at a Six Flags park were not uncommon (on the contrary, most of them saw declines). That's not the reason SFAW is closing.

-Nate
*** Edited 9/14/2005 6:03:15 PM UTC by coasterdude318***

AB reports they had an attendance of 1.4 mil in 2004, for whatever that is worth ;)
Interesting figures nate. I'd have to say I agree. Astroworld is being sold to pay down debt. At the end of the day, we don't yet know what the price they'll fetch will be. Then there are the rides. SFI can send some if not most of the rides to other parks and not spend as much on 'new' attractions for parks next year, by still getting a 'new to them' attraction. That includes the newer water raft thingy, the SWAT, some coasters, and hey, they may even be able to sell some of the stuff they don't want to again pay down debt.

I hate to see it go, but it isn't a bad business decision. Which is what SFI is known for ;).

Take the 100 mil you make from selling the land...invest it in any reasonable conservative bond/market fund...there is a good chance you make better returns than operating an amusement park in the short and long term! You also have a hell of a lot less headaches (parking/insurance/lawsuits/etc)! There is a certain cost/benefit ratio in which selling is the reasonable route.

Moosh was right the first time around in my opinion! I wish this were not the case. How many other parks are at or near the same situation?


Jophish said:
AB reports they had an attendance of 1.4 mil in 2004, for whatever that is worth

Thank you; I didn't have access to those figures. Still, Astroworld lost only half a million compared to SFGAm's loss of 800,000.

On top of that. SFGAm has been spoon-fed capital while Astroworld has gotten very little. Thankfully, SFGAm has started to turn back around, but I think my point is pretty clear.

-Nate


coasterdude318 said:

kRaXLeRidAh said:
Yeah uh huh. And since when did you work with Six Flags upper management to make such a confident statement? I'm pretty sure the park's declining attendance over the years played some part in the decision for its closure.

What are you talking about?

In 1999, attendance at SFAW was 1.9 million.
In 2003, attendance at SFAW was 1.7 million.
I don't have a figure for 2004, other than it came in at #39, which puts it somewhere in the neighborhood of 1.6 million.

So, from 1999-2003, the park dropped just 300,000 people per year (or 26%).

From 1999-2004, SFGAm lost 800,000 people (or 16%). And guess which park is still a corporate favorite?

In other words, attendance delinces at a Six Flags park were not uncommon (on the contrary, most of them saw declines). That's not the reason SFAW is closing.

-Nate
*** Edited 9/14/2005 3:55:40 AM UTC by coasterdude318***


What does the attendance drop coinside with? Premier buy Six Flags in 1998. Smells of mismanagement to me.

Of course it does. Six Flags has essentially mis-managed all of its parks since the Premier purchase, resulting in losses and attendances across the board. My point was that's not unique to Astroworld.

-Nate


coasterdude318 said:

Jophish said:
AB reports they had an attendance of 1.4 mil in 2004, for whatever that is worth

Thank you; I didn't have access to those figures. Still, Astroworld lost only half a million compared to SFGAm's loss of 800,000.

On top of that. SFGAm has been spoon-fed capital while Astroworld has gotten very little. Thankfully, SFGAm has started to turn back around, but I think my point is pretty clear.

-Nate


Yeah, but Great America could recuperate from that kind of loss in attendance. AstroWorld lost only half a million guests? What's their average yearly attendance? Nothing as high as Great America's.

In 2004, Great America drew in about 2.3 million visitors. Six Flags AstroWorld was not even in the top 20 most visited list in the United States at all (*actually, only three out of all the Six Flags parks made the top 20 most attended list). Heck, even Knoebel's brought in more guests than AstroWorld.

* Six Flags Great Adventure: 2.8 million guests; Six Flags Magic Mountain: 2.7 million guests; Six Flags Great America: 2.3 million guests

http://www.coastergrotto.com/theme-park-attendance.jsp

Lord Gonchar's avatar

daniel2003 said:
Oh and Gonchar why cant you do a gallery of six flags astroworld before it closes you know as a lasting memory to it?

Oh man, I wish! Not gonna happen though. We had plans early in the year to go to Texas as we have a friend who just moved to Houston this past January, but put the money into other trips figuring it might make a good 2007 stop.

No way I'll be able to get there before the end of the year. :(

But I digress, continue with the attendance discussion - good stuff. :)



kRaXLeRidAh said:
Yeah, but Great America could recuperate from that kind of loss in attendance. AstroWorld lost only half a million guests? What's their average yearly attendance? Nothing as high as Great America's.

Astroworld's attendance hovered just under two million. Parks are budgeted based on their attendance projections. It matters little how high your attendance is; a 26% loss is a 26% loss.

You mention Astroworld's standings as if it was the lowest-attended Six Flags park. It wasn't (SFStL, SFDL, SFA, SFEG, La Ronde, and more were all lower on the list).

You also claimed that the reason SFAW is being sold is because of its attendance drop. I refuted that by pointing out that all of them (even the favorites) had significant drops.

I don't think that Coastergrotto list is complete. Jophish cited Astwororld's attendance as 1.4 million, yet it's not on there (the list goes down to Knoebels at 1.3 million). Also missing are several Six Flags parks that should have been well over 1.3 million.

-Nate *** Edited 9/14/2005 4:42:51 AM UTC by coasterdude318***

Attendance is not that accurate indicator of profit or loss. Look at disney's attendance is massive, at Magic Kingdom it twice that of Animal Kingdom, but because of it hours and size Animal Kingdom has a lower break even point then Magic Kingdom has. I bet the same is true for Astroworld compared to Great America, because Astroworld is/was a smaller park. So Great America could of been hurt more by their attendance drop then did Astroworld. But that information we probably will never know. *** Edited 9/14/2005 4:53:55 AM UTC by otterkpr***

dragonoffrost said:
Let's see there is the cost of disassembly, moving it, preparing the new site, laying footers, reassembly, rehabing, testing, staffing and advertizing for the ride.... did i forget something, probably.

Well, let's put it this way... you definitely hit on it. The installation of the cement footers for the rides are believe it or not, the most expensive part. So rotating not-so-great, not-so-new, known-maintence-issue coasters and then paying an arm and a leg to install new footers for them will rule a LOT of the rides out for transfer.

There is at least one very popular ride out there I know of where the design firm approached the park and told them they had a great idea for a different ending than the one originally planned, and they wanted to do it so much that they would give the park the steel for free, as well as the redesign... meaning the park would only have to pay for the additional footers.

Thanks to the cost of adding cement, that ride never got the "new" ending. That's the reason that smaller rides like Tidal Wave / Greezed Lightning get new homes... because they have relatively few footers to install as well as companies that will still support them. But when it comes to rides like XLR-8 and UltraTwister, the likelyhood of those rides getting reconstructed is almost nil.

Mamoosh's avatar
Six Flags selling Astroworld is the equivalent of turning in some old CDs at a used CD store for cash so you can pay off your cell phone bill.

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