With the sale to InBev is there a large possibility that I could get burned on the cost if I buy the pass outright rather than do the payment plan?
Bolliger/Mabillard for President in '08 NOT Dinn/Summers
I'd actually prefer to pay the lump sum for 2 years and then reevaluate my finances and plans 2 years down the road right now then have a $15 monthly bill for the next two years right now, but if I can figure out that I have a good chance of being told the pass is no longer valid after a sale then I'd do the monthly payments.
The money they collect on a two-year pass is accounted for as deferred revenue, divided evenly over the next 24 months. So if a sale takes place the new owner is entitled to the balance of that. The new buyer would be nuts to kill the passes, having to pay you back the difference.
Now IF InBev somehow sells the parks to different companies, that would complicate things, though even then they would probably still honor the passes.
"Look at us spinning out in the madness of a roller coaster" - Dave Matthews Band
Heck, maybe InBev will see opportunity with these parks and be able to promote their existing line of beverages in the parks.
My favorite MJ tune: "Billie Jean" which I have been listening to alot now. RIP MJ.
Coaster Junkie from NH
I drive in & out of Boston, so I ride coasters to relax!
Season pass revenue is classified as an 'period reveune', and with the monthly income, its better for the period expenses.
Oh, also should note - the PPs available AT the parks are apparently more expensive - SWF's PP offer was for....either 430 or 450 for the 2 years.
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