CoasterBuzz Podcast #120 posted

Posted Monday, August 11, 2008 1:14 PM | Contributed by Jeff

Jeff, Mike and Pat review this week's news in the amusement industry.

  • Olympic fever! Gonch loved badminton until the US lost, Jeff is all about the indoor volleyball.
  • Moron criminal uses his daughter to scam people for worthless Cedar Point ticket coupons.
  • Blackstone allegedly interested in Busch parks.
  • Busch Gardens Europe adding a Sesame Street area with solid family attractions.
  • Kings Island announces Diamondback, the ride that KI fans have been waiting for. Is there any reason to really keep Son of Beast?
  • Asian-American activists offended by Six Flags TV spots. We're not entirely sure how it's offensive. Even PC Jeff doesn't entirely get it, and thought it was emulating a Japanese game show or something.
  • Gonch gives his take on the Great Wolf results, believes that the occupancy percentage number is the missing thing in the financials. Is the indoor water park result concept a success so far?
  • Six Flags says they're still going to have positive cash flow this year. Gonch says this is indicative of them doing things right.
  • Cedar Fair results seem positive enough, but Jeff's concern is that per cap has finally slid a little, and even with a slight boost in attendance, this seems like the inevitable bubble we've been talking about for years.
  • Dick Kinzel says "people have to eat" and it's unsettling to a lot of people. The bigger picture issue is a belief that he has lost touch, and doesn't have the experience to manage a company of this size. See errors in the last few years.
  • Has the "Wal-Marting" of America caused people to settle for crap? Is poor service the result of consumer complacency? Jeff thinks Chipotle is a case study in high quality with high margin.
  • No closing weekend for two-hundred-something a night for cobwebs and burned out lights.
  • CoasterBuzz Club events coming up this year: The Fall Affair at Holiday World, and BooBuzz at Cedar Point. Visit the CoasterBuzz Club page for more information.

Link: CoasterBuzz Podcast

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