Matt Ouimet: Consumers prioritizing experiences over possessions

Posted | Contributed by Jeff

Cedar Fair CEO Matt Ouimet appeared on Jim Cramer's Mad Money. He said that the theme park operators are all posting record results, and he believes that is in part because, "Consumers of all ages are prioritizing experiences over possessions. We are fundamental to society because we create great memories."

Watch the video on CNBC.

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kpjb's avatar

Jeff said:

I'm guilty of a ridiculous "stuff" purchase in the last year (that happens to enable a lot of experiences, I suppose).

Of course there's always grey area... some experiences give you stuff and some stuff will create experiences. I skew yours WAY more to the experience side.

Hi

Jeff's avatar

Chicago07 said:
He hasn't really brought in a ton of external people.

It doesn't have to be a lot of people when they're at the mid to junior executive level... those people set the tone.

Jeff - Editor - CoasterBuzz.com - My Blog

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