Posted
According to a press release issued last week, Six Flags revenues in 2003 were $1.24 billion, representing a 0.5% decrease from 2002 revenues. The decrease resulted from a 1.8% decline in attendance, offset by a 1.4% increase in total per capita revenues. On a same-park basis, excluding from both periods the results of the New Orleans park, which was acquired in late August 2002, revenues were down $28.8 million (2.3%) in 2003, with attendance down 3.8% and per capita revenues up 1.6%. Net loss for the year was $61.7 million. The company blames the decreases on the "persistent economic slowdown and very poor weather."
Read more from AP via ABCNews.com or get the full press release from Six Flags.
Still.. when you do the math, it averages out to less than 2mil a park. That's hardly a good sign for a company of this size.
Now.. if they took that 2 mil a park and used it to enclose them with a dome.. ;)
I think the focus needs to be done on customer service and general improvements of the park. SFWoA already has the assets needed. More than alot of other parks.
In order to better compete with all the improvements Cedar Point has been making these last few years, I would think WOA would need something noteworthy
I honestly believe that SFWOA has everything it needs (as far as park attractions) to compete with CP. They've had enough for 3 years now.
The problem lies elsewhere.
I also think that in favor of adding tons of new hardware, they've actually neglected their parks overall environment. For example, there was on one *single* holiday decoration at Magic Mountain this year, the park was dirty, and looked unpainted and worn.
Compared to the Disney or Busch parks, I simply don't find SF parks as places inviting enough to spend a whole day...I usually just drop in for a few rides and split. Their food tends to be lousy, the park souvenirs are lousy, and parking is SO expensive it's off-putting.
I wish SF well, but hope they can address these issues to bring people back.
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