IMO, they must do something very quickly to fix the huge debt they have - and they probably looked at tons of revenue options at all parks nationwide vs. profits obtained on a per-park basis.
But what is needed immediately isn't a long-term revenue stream - it's a large chunk of cash.
I'd guess it just so happened that GL has the characteristic of mid/poor park performance with the ability to satisfy a large portion of the debt a la a real estate/fire sale. If one or the other weren't true, I don't think this would've happened.
So perhaps GL wasn't earmarked as the sacrificial lamb from the get go, but it was probably inevitable. It's a shame all around.
What makes anyone think that something that huge could work in that market?...
The idea is cool, but lets face it, its just a pipe dream.
That's funny, because there's already 2 similar areas (minus any rides) within a half hour-45 minutes of the place, and they seem to work very well.
And Aurora Farms is right down the road and seems to be doing okay.
No lack of malls/complexes in NE Ohio.
Great Lakes Brewery Patron...
Interestingly enough, the local Fox affiliate called me about an interview regarding some of the older rides and the park. As much as I'd enjoy a little attention whoring, I told her that I honestly had no strong opinions about it. She asked if I knew anyone else local, and I told her, no, the people who care the most don't even live in the area.
You run two coaster fan sites and you couldn't come up with ONE person that could say something nice about Geauga Lake that was local? Did you even stop to think about it for a second?
Wow, I can't believe I missed that. Talk about being biased. I respect- and even admire- your unwillingness to speak out about something you don't care about, but why couldn't you steer them in the direction of someone who does care? You have access to dozens of people that would have willingly helped them out, and I'm sure some of them were local to the Cleveland area.
Ensign Smith said:
Well, let's see. We have, I'm guessing, maybe 50 or 60 people over there regularly posting their grief and anger over the closing. Here at Coasterbuzz, which we'll call neutral territory, opinion seems to be close to evenly divided.
So we've got the hardcore enthusiast / park fan base covered. What about everyone else in town? Why has this had so little coverage in the local media? Are they simply part of some Cedar Fair-led conspiracy to squash the overwhelming backlash? Even many of the quotes and comments in the news stories that do exist are from fans and enthusiasts.
And Walt is right. A bunch of enthusiasts are all bummed out, and taking it to Disney rat-like proportions. Is that representative of Northeast Ohioans? Obviously not, because they weren't going to the park en masse in the first place.
Only at another park, it could act as a shot in the arm for attendance. That was my point.
Captain Hawkeye said:
But that doesn't change CF's bottom line--the costs of those coasters are still on CF's books.
Rob Ascough said:
There's a link to a news broadcast about this in one of the other Geauga Lake threads.
I didn't say there were no stories. However, reaction from the public-at-large is only a fraction of what enthusiasts think it is, and the amount of coverage from local media reflects that.
Don't get me wrong, I would not expect anything else but an emotional response from park fans. I have no problem with that. I can appreciate it and understand it. But if you try to convince me there's some city-wide outrage, I'm going to question that.
*** Edited 9/25/2007 1:54:22 PM UTC by Gemini***
I could crap a golden egg with the key to saving Geauga Lake and curing cancer engraved on it and some of you would still find something wrong with what I do.
I forgot... we're making it all about you again, aren't we?
And Walt is right. A bunch of enthusiasts are all bummed out, and taking it to Disney rat-like proportions.
This current conversation has nothing to do with a bunch of bummed enthusiasts complaining out of heartache. Things are coming into the picture that are clearly suggesting there are problems with practically everything about this announcement. The wrongful laying off of employees, the peculiar stock purchase, the b.s. line about this decision having been made when it was obvious to many people this was the way it was all going to go down... you can't actually be serious that this is just a bunch of enthusiast whining anymore?
Your local news yokels are in the business of selling advertising. To do that, they have to keep people watching their station. So a story that 'Geauga Lake closes, nobody gives a rip' or a segment with some yokel complaining that there were too many fugly bumpkins and thugs in the park won't keep you watching 'till the Mentos commercial. Or get them much CF advertising next summer.
Not to say I'm enamored with much of anything CF has done in the last few months. But that doesn't make the above any less true.
NOTE: Severe fecal impaction may render the above words highly debatable.
Rob Ascough said:
This current conversation has nothing to do with a bunch of bummed enthusiasts complaining out of heartache.
'A bunch of bummed enthusiasts creating conspiracy theories out of heartache,' might be more accurate.
Why are the people who are finding something foul about this the same people who are devastated that it closed?
All of you guys talk about pure business decisions, but then totally overlook the possibility that this was a well laid plan. If they are able to sell the land to a developer for a golf course community or some other use, they're bound to make a pretty penny for the land. Add to that the rides they can inject into their other parks and you've got a really nice deal. That doesn't sound like a "failure" to me.
Why aren't we calling for Keiren Burke to be lynched for the closure of SFAW & making accusations against him that he planned SFAW's demise from the start of the 05 season just to make a windfall on the real estate costs huh?That's what it sounds like people are doing in this situation with GL what with all the conspiracies going around ranging from "Ohh they just wanted to eliminate CP's competition" conspiracy to the more ridiculous "Dick Kinzel was involved in an insider trading scheme to get rich quick" conspiracy.
Because King's Island is making money.
Emotional reactions tend to produce conspiracy theories and conspiracy theories tend to be based on a few facts or a segment of data, while ignoring other many other factors.
I don't believe in conspiracy theories, no matter the subject. Maybe that's why I can't see the other side here.
If you want to mention Astroworld in this conversation, show me where Burke purchased a bunch of stock before the park was closed. I don't think it happened. In fact, isn't that when Red Zone started buying up large portions of the company. If so, there is no reason to mention Astroworld anymore.
*** Edited 9/25/2007 2:57:42 PM UTC by Rob Ascough***
Has it been shown anywhere that Geauga Lake truly was LOSING money? Or, was it just not making enough for them to want it anymore?
Why not sell the ride side as a park or at least entertain that notion? Wasn't Kennywood interested in buying it? *** Edited 9/25/2007 2:57:50 PM UTC by halltd***