I believe the campground and hotel are for sale along with something like 500 acres. Basically all the land they own, except the water park and half of the current water park parking lot, the campground and hotel are all for sale.
It still breaks my heart to see this happening to the place I grew up at. But poor Cedar fair, thy put so much money, time and effort into making Geauga Lake a great park again. Shame it didn't work out.