Cedar Fair beats attendance record with 2011 numbers

Posted Thursday, January 5, 2012 1:15 PM | Contributed by Jeff

[Ed. note: The following is an excerpt of a press release. -J]

Cedar Fair (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, announced today that attendance at its 17 locations totaled 23.4 million guests in 2011, up 2.6%, or approximately 590,000 visits, from the Company's record attendance of 22.8 million in 2010.

"2011 was another strong year for Cedar Fair," said Matt Ouimet, president and chief executive officer. "Our employees did an excellent job providing our guests with the quality experience that they have come to expect from Cedar Fair. The strength of our season pass programs and commitment to premier new rides, attractions and special events also supported the record attendance we experienced this year."

Ouimet added, "Our guests clearly recognize the great entertainment value that is provided by Cedar Fair's parks and resorts. In this difficult economic environment, it is particularly satisfying to see people make Cedar Fair parks their entertainment of choice.

"As we look ahead to 2012, we remain committed to providing a 'best-day-of-the-year experience' for families and friends at all of our parks. In the coming year we will introduce even more exciting rides, expand our night time entertainment offerings and continue to add to our successful Halloween programs."

Read the entire press release from Cedar Fair.

Thursday, January 5, 2012 2:16 PM
mlnem4s's avatar

"The Company will be hosting an investor meeting in New York, NY on Thursday, January 19, 2012 from 9:00 to 11:00 a.m. ET. The two hour session will be hosted by the Company's president and chief executive officer, Matt Ouimet, and other senior executives of the Company, and will include a business overview and question and answer session. The session will be webcast live from the Company's web site at www.cedarfair.com."

Interesting, vvveeerrrrryyyyyy interesting.

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Thursday, January 5, 2012 3:21 PM
Jeff's avatar

What's interesting about it? Nothing.


Jeff - Webmaster/Editor - CoasterBuzz.com - My Blog - Twitter - Video

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Thursday, January 5, 2012 3:27 PM
Morté615's avatar

Curious that it's in New York versus Sandusky. I am pretty sure that the last few investor meetings were held in Sandusky. Of course I could be wrong on that though.


Morté aka Matt, Ego sum nex
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Thursday, January 5, 2012 3:53 PM

This is the interesting part...

"In the coming year ... expand our night time entertainment offerings ...."

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Thursday, January 5, 2012 4:29 PM

Isn't one of the parks getting a Starlight? That would qualify as a "night time offering".


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Thursday, January 5, 2012 5:18 PM

tambo said:
This is the interesting part...

"In the coming year ... expand our night time entertainment offerings ...."

Sadly, they will never be able to beat Disney's night time entertainment... But I would absolutely like them to try! I do say the starlight experience is a start in the right direction.

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Thursday, January 5, 2012 6:01 PM
Tekwardo's avatar

Jeff said:
What's interesting about it? Nothing.

I Thought I was allowed my own opinions? I also find it interesting that they're meetin in NYC.


cebeavers.tumblr.com

Don't cry because it's over, smile because it happened.

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Thursday, January 5, 2012 7:45 PM

Could it just be that Matt wants to meet some of the larger/institutional investors that otherwise couldn't be bothered to show up if the meeting were in Sandusky (in the middle of winter)?


Original BlueStreak64

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Thursday, January 5, 2012 10:06 PM

A meeting in NY will get more attention and coverage than a meeting in Sandusky. It lends a more professional atmosphere to the proceedings than holding it next to the dippin' dots stand. I think it also sends the message that Cedar Fair is much more than Cedar Point.

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Thursday, January 5, 2012 10:13 PM
mlnem4s's avatar

Tekwardo said:

Jeff said:
What's interesting about it? Nothing.

I Thought I was allowed my own opinions? I also find it interesting that they're meetin in NYC.

Clearly the laws of free speech and democracy don't pertain to this site.

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Thursday, January 5, 2012 11:21 PM
kpjb's avatar

The laws of free speech and democracy don't pertain to anything privately owned. Welcome to America, where the government doesn't own rollie coaster websites. :)


Hi

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Thursday, January 5, 2012 11:26 PM
Jeff's avatar

Please. Don't whine. I hate that boo-hoo-Jeff-picks-on-me crap. If you say something is interesting and don't say why, people are going to ask you.

The base of investors for Cedar Fair has largely shifted from individuals to institutional investors. They don't hang out in Sandusky.


Jeff - Webmaster/Editor - CoasterBuzz.com - My Blog - Twitter - Video

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Friday, January 6, 2012 7:06 AM

laws of free speech

Pet peeve: the first amendment only forbids the government from restricting "speech," not to private entities.

So, no, the "law of free speech" does not apply here.

Last edited by Brian Noble, Friday, January 6, 2012 7:06 AM
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Friday, January 6, 2012 7:30 AM

And freedom of the press applies to the owner of the press not the rest of us.

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Friday, January 6, 2012 9:30 AM
Pagoda Gift Shop's avatar

I give credit to Cedar Fair for not sneaking Dick Kinzel's name into the press release. :)

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Friday, January 6, 2012 10:12 AM
Carrie J.'s avatar

Yes, but they should have mentioned Geauga Lake. ;)

Had to. :)


"If passion drives you, let reason hold the reins." --- Benjamin Franklin

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Friday, January 6, 2012 11:05 AM
mlnem4s's avatar

Sarcasm people, sarcasm.

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Friday, January 6, 2012 11:56 AM
Tekwardo's avatar

Responses would have been different methinks if a question would have been asked without the answer of 'nothing' forced upon the person being questioned.


cebeavers.tumblr.com

Don't cry because it's over, smile because it happened.

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Friday, January 6, 2012 12:38 PM
Vater's avatar

"Forced upon"...how dramatic. Yes, it should be mandatory for "IMO" to be appended to everything everyone says here, so as not to ruffle any feathers. Otherwise, whatever is said is absolutely indisputable.

IMO.

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