Posted
Six Flags warned of a 4% drop in attendance for the first half of the year, coupled with a 1% increase in per capita spending.
Read an editorial on investment site The Motley Fool.
Gas isn't much of an excuse either, because research has already found just as many people are hitting the road as any other year, so gas certaintly is not an issue either. Only things that truly effect amusement parks is the economy in the area (which even that can be argued), and weather. The rest is up to how the park is managed by its owners.
Now perhaps if they release news like this, they can drive the stock price down and buy low? Hmmmmm....fishy fishy fishy! ;)
Over the past few years, Six Flags has been actively pissing off their customers. Six Flags had made a science of giving away the gate, then showing customers a rotten time. Well, guess what? Pissed-off customers don't come back. Not even if you give away the gate.
Well, this year, Six Flags seems to have finally figured it out. Every report I have seen seems to indicate that they are at least trying to stop chasing customers away with a stick. I can't really tell myself, as the only Six Flags park I have visited this season is SFOG, which I had effectively never visited before. They still have a long way to go. Some of the 'dings' in a Six Flags park visit are outrageous ($10 to PARK?!) and are a lot better at pissing people off than at raising revenue. But they are working on their problems this year. They have finally figured out that they are in the customer service business, and they are starting to act like it.
Thing is, they didn't install new stuff to make people want to come back. So it should be no surprise that attendance is down. But if they get their operations under control AND THEN get back into the cap-ex business, they can turn the company around.
--Dave Althoff, Jr.
Actually, I thought that this park in particular was MUCH more crowded than it typically is on a weekday. The parking lot was about 1/2 full.
I didn't really notice any differences in the way of Customer Service at the park. However, we first went on the Freeze and one of the girls that was checking restraints was veerrryyy sllloooww. The other guy on one side was done and she was only about half done with hers. She didn't look like she was feeling so well.
But, I got all the coasters rode with a few other rides like the log flume and the rapids ride. Watched two shows by 5 pm.
Usually at 7 hours at that park, you can ride all the coasters twice and see at least one show within that amount of time. They had one of those big blow-up things, called skydancers I believe, up at The Palace of the old fart.
But, I do think that Six Flags is WAY to high on things. For example, last year a 20 ounce bottle of pop was $2.50 from a machine. This year, it is $3. Not to mention, Holiday World sells their funnel cakes for about $2.50. Six Flags had them for almost $6.
Even the pay-to-ride rides had lines at them this day. The Dragon's Wing which is that ride that takes you up then swings you back and forth had a line of 20 or so people waiting. Then they had another ride called Sling Shot with people waiting.
But, Six Flags is still only after one thing; money. It was really funny becuase one of their shows they actors were singing about how money makes the world go round.
The only money I spent at Six Flags was $8 parking. I got my tickets free through my Six Flags Mastercard after spending $5,000 on it. Gas cost me about $10 from around the Springfield IL area. We went to Pizza Hut to eat since my girlfriend works at the one in our town and got us a 15% discount. I wasn't about to pay $10 each to have something to snooze our appetite at the park.
For those that miss the animal park, I've created a website dedicated to SeaWorld Ohio and Six Flags Worlds of Adventure Wildlife.
http://www.seaworldohiomemories.us*** This post was edited by midwave 7/17/2004 12:54:18 AM ***
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