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For the first time in seven years, Six Flags began a national advertising campaign last week featuring a new character intended to draw the over-worked family out to the company's parks.
Read the press release from Six Flags.
Looks like someone learned a very important lesson the hard way: thrill-seeking teens do not spend a lot of money. Families do.
Since moving to L.A., I enjoyed my trip to SFMM, but was disappointed with the overall vibe of the park. 3 coasters closed all day. Ninja didn't open until mid-afternoon. S:TE only had one side running. Batman didn't open until noon, and then only had 1-train operation. Staff seemed a bit apathetic. Line jumpers abound. Maybe this new ad campaign will translate into better run parks. Until then, I'll continue to spend my money at Knott's.
Looks like someone learned a very important lesson the hard way: thrill-seeking teens do not spend a lot of money. Families do.
Ah, but guest spending is not a problem. Per-caps (the average amount of money each guest spends in the parks) have been increasing, while attendance has been decreasing (on a whole) over the past several years. This is information taken directly from their annual reports.
Nice thought, but not really the correct issue.
Yeah, people never coming back, never paying gate and dwindling attendance is the problem. Per cap doesn't mean jack if no one is there!
But the drop in attendance isn't significant enough to discount the increase in per-cap spending. Sure, attendance has been dropping on a whole over the past few seasons, but not to the point where you can overlook the increase in spending.
We can, however, look at why per-cap spending has increased. $10 parking, anyone?
Their attendance was down 1.8% across the entire chain...
In 2001 attendance was at 46.576 million
In 2002 attendance was at 42.495 million (down 8.8% from 2001)
In 2003 attendance was at 41.728 million (down 10.4% from 2001 and 1.8% from 2002)
Figure that the "missing" attendees only paid $20 to get in, that's almost a $180 million drop in gate revenue for the years 2002 and 2003 compared to 2001's numbers...
First off, before anyone calls me a CP fanboy, I am not, SFGAm is my homepark.
But, if you want to blame 9/11, weather or anything else, try explaining why during the same period CF parks attendance has increased?
In 2001 attendance was at 11.890 million
In 2002 attendance was at 12.380 million (up 4.1% from 2001)
In 2003 attendance was at 12.245 million (up 3.0% from 2001 and down 1.1% from 2002)
Uh, that's a significant increase from year to year when they keep adding parks.
I'm not quite sure who you're referring to here, but I'll add this:
The figure I gave was "down 1.8% from 2002 to 2003." The only park added was Six Flags New Orleans. The attendance decrease from 2002 to 2003 isn't significant when you look at the scary drop from 2001 to 2002, and we all know why that happened.
I agree that declining attendance is always a concern, but I don't think it will be the nail in the Six Flags coffin. Debt is the problem.
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