Cedar Fair 2001 results down without new properties

Posted Monday, February 4, 2002 12:45 PM | Contributed by Jeff

Cedar Fair has released its 2001 results, indicating a tough fourth quarter for Knott's Berry Farm. Though showing an overall increase in revenue with the addition of the new parks, Michigan's Adventure and Oasis Water Park, attendance and revenue in the original parks was down.

Read the press release for more informtaion.

Monday, February 4, 2002 1:05 PM
kbf is going to have to sprinkle some magic dust in order to stay truly competive down there ... i'm not sure Xcelerator is going to do it...
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Monday, February 4, 2002 3:07 PM
All Knott's Berry Farm needs to do is chalk up 2001 as an off year, which many other parks had. The Disney park was down so naturally those visitors were also lost to Knott's. Knott's still managed out out draw SFMM, and 2002 should see some return to normal. Having a brand new toy to advertise certainly won't hurt.
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Have you ever considered that maybe it's not the park that's the problem, but YOU?
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Monday, February 4, 2002 3:44 PM
All the more reason they should continue to seek out new properties, build more hotels and Cedar Point and other things that are sometimes viewed as not popular on this and other coaster sights.
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Monday, February 4, 2002 4:43 PM
I was talking with Valleyfair management last week and they said its a good possibilitie that Cedar Fair may look into on buying another park this season. Some names mentioned were: Six Flags Great America in Chicago and Adevntureland in Des Moine, Iowa. With buying more parks would that help the revenue in any way?
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This will be my 8th year at Valleyfair! I know 2003 will be our turn!
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Monday, February 4, 2002 5:20 PM
Heh, Cedar Fair buying SFGAm...that'll be the day.
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Have you ever considered that maybe it's not you that's the problem, but THE PARK? ;)
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Monday, February 4, 2002 6:02 PM
Six Flags Great America wouldn't sell to Cedar Fair.  That'd be close (but not quite) to saying that Six Flags is looking to buy Cedar Point.   

However, the mention of Adventureland sounds interesting.  I've been going to that park since I've been able to walk and it'd be interesting if Cedar Fair did buy them out what they'd do to the park.  The park already has an S&S tower, and four coasters.  I do know that Six Flags enquired about purchasing Adventureland, but the owner would have none of it.

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Just wait till next year!

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Monday, February 4, 2002 6:36 PM
I'm putting my buck on Adventureland in Des Moine.

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Hello God? Oops, that's just a moderator.

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Monday, February 4, 2002 6:50 PM
Knotts is fine. 

Look at it this way.  How many parks stay open every day of the year, (except Christmas)?

The Disney Parks and a very limited few.  Knotts is one of those.  So, chances are that there will be a lot of days where the park is just empty (and there are.)

I think that Xcelerator will do the trick.  Besides we didn't add anything except for VertiGO,and thats not the type of ride that gets advertised and gets people to visit the park.

Then there is the negative publicity with the incident on Monte, and then on Perilous Plunge. 

And as stated above, almost every park has had an "off" year.  I'm optomistic that 2002 will be better for the farm.

And by the way, ACE's Coastercon will be at Knotts this year, so that will be a boost for them.

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Xcelerator-
0-82 in 2.3 seconds! =Wow! *** This post was edited by CoasterFanMatt on 2/4/2002. ***

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Monday, February 4, 2002 9:23 PM
I think it would be a good idea if they advertised a little more, I haven't seen anything about the actual park. 
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TAJ @
www.morefunonline.tv
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Tuesday, February 5, 2002 1:49 AM
I think it would funny if Cedar Fair bought SFGAm...:)

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Sept. 11th 2001, Slayer released God Hates Us All. The song "Disciple" uncannily describes the events of that day, as well as the antrax letters that followed.
--Slayer: Thrash band, or the next Nostradamus?

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Tuesday, February 5, 2002 4:28 AM
Cedar Fair wouild never buy a "well-known" park or chain like something from Six Flags.  Their mantra is usually to buy a smaller ma-and-pa-owned parks and improve them.

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Men are like parking spaces... the good ones are all taken and the rest are handicapped or too far away.
www.TiggerMan.com

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Tuesday, February 5, 2002 6:39 AM
Never say never.  Those who knew Knott's before Cedar Fair would have not expected the park to be bought by a company that was as little know out there as CF.

Also, who would have ever thought that Premier would have bought Sea World, Ohio and put that park into the Six Flags mix?

I am a firm believer in "anything is possible."  So are the Patriots it would seem.

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Tuesday, February 5, 2002 8:34 AM
CoasterCon draws only several hundred people, so the boost will be minimal.  Also, I cannot imagine SF selling SFGAm to anyone.  It is one of their crown jewels.

Mike

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Laugh your troubles away at Riverview, the world's largest amusement park.

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Tuesday, February 5, 2002 12:33 PM
In regards to the Cedar Fair buying another park thing, mentioned earlier, there's a rumor on screamscape that Jazzland may be bought out by Cedar Fair.
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"you give me the most gorgeous sleep that i've ever had and when it's really bad i guess it's not that bad" Underneath it all- no doubt
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