By uniting Cedar Fair and Six Flags’ complementary operating capabilities, the combined company will benefit from a more robust operating platform for improved park offerings and more efficient systemwide performance. The companies expect to leverage Cedar Fair’s recent park investment experience to accelerate the transformation underway across Six Flags’ portfolio. Cedar Fair and Six Flags will seek to create a more engaging and immersive guest experience. The combined company will also offer expanded park access to season pass holders along with an enhanced, combined loyalty program featuring additional perks.
coasterfanatic wrote:It will get an approved. Both companies are only regional. They never were really in direct competition in the same markets.
I agree, I have a feeling the new company will be influenced a lot more by Six Flags' culture than Cedar Fair's. The preliminary plan reminds me of the Daimler-Chrysler merger of equals... I don't have a good feeling for its success.
coasterfanatic wrote:It will get an approved. Both companies are only regional. They never were really in direct competition in the same markets.
I agree, I have a feeling the new company will be influenced a lot more by Six Flags' culture than Cedar Fair's. The preliminary plan reminds me of the Daimler-Chrysler merger of equals... I don't have a good feeling for its success.
I disagree because Salim is not CEO.
And no chance the season passes will continue to be dirt cheap. Better food, and nicer looking parks will be coming to Six Flags parks. And expect Peanuts themed kids areas too. (Which would be welcome to retheme Camp Cartoon to Peanuts!
coasterfanatic wrote:It will get an approved. Both companies are only regional. They never were really in direct competition in the same markets.
I agree, I have a feeling the new company will be influenced a lot more by Six Flags' culture than Cedar Fair's. The preliminary plan reminds me of the Daimler-Chrysler merger of equals... I don't have a good feeling for its success.
I disagree because Salim is not CEO.
And no chance the season passes will continue to be dirt cheap. Better food, and nicer looking parks will be coming to Six Flags parks. And expect Peanuts themed kids areas too. (Which would be welcome to retheme Camp Cartoon to Peanuts!
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Not to mention CF gets majority control of the company.
"I've been told that some part of every wish will be heard but lately I lost sight of the truth in those words."
Selim is a figurehead. Everyone know he doesn't have any idea how to run things. His time at SF has proven that in spades. Selim at the conf call sounded incoherent often and went off into his silly anecdotal stories twice. Meanwhile, Zimmerman(CEO) And Witherow (CFO), both Cedar Fair people were an well oiled machine with coherent and concise answers. Cedar Fair is stacked with people with decades of experience, SF is stacked with people with no experience in the industry , we have seen how that has turned out. They regressed Sf to 2017 revenue & income levels the last 2 years, while Cedar Fair and SEAS produced record levels in revenue & income in FY 2022 are essentially matching that in FY2023, despite the notion consumers are struggling and are tapped out.
I know the process will be slow but the major changes I want to start seeing in the coming years involve ride maintenance, park ambiance, and Restaurant quality.
I tried the New BBQ in Yukon and it was quite good, but the stage area with the bar was left unused, shocker.
I'm honestly tired of bathrooms looking like they're falling apart, fences leaning over, slanted lamp poles, old buildings left unused or turned into empty shells with some game machines, and Fright Fest Haunted Houses left in place all year round. It just comes off lazy.
As bad as Kidzopolis is, having half of it walled off all year makes it even worse.
Goku1910 wrote:I know the process will be slow but the major changes I want to start seeing in the coming years involve ride maintenance, park ambiance, and Restaurant quality.
I tried the New BBQ in Yukon and it was quite good, but the stage area with the bar was left unused, shocker.
I'm honestly tired of bathrooms looking like they're falling apart, fences leaning over, slanted lamp poles, old buildings left unused or turned into empty shells with some game machines, and Fright Fest Haunted Houses left in place all year round. It just comes off lazy.
As bad as Kidzopolis is, having half of it walled off all year makes it even worse.
Oh agreed. They have been working on the bathrooms bit by bit.
I imagine the new Six Flags will lean into Peanuts to retheme Kidzopolis or Camp Cartoon at some point.
Goku1910 wrote:I know the process will be slow but the major changes I want to start seeing in the coming years involve ride maintenance, park ambiance, and Restaurant quality.
I tried the New BBQ in Yukon and it was quite good, but the stage area with the bar was left unused, shocker.
I'm honestly tired of bathrooms looking like they're falling apart, fences leaning over, slanted lamp poles, old buildings left unused or turned into empty shells with some game machines, and Fright Fest Haunted Houses left in place all year round. It just comes off lazy.
As bad as Kidzopolis is, having half of it walled off all year makes it even worse.
Very excellent points!! Make Great America Great Again!!
Single Day Ride Count Record
50 rides 8/17/2018 (Without Flash Pass - Coasters After Dark)
If capex is 10% of revenue. That would be $340 million a year to spend on rides, infrastructure, hotels, etc. Cedar Fair can do wonders with that type of budget and their style of park management. Zimmerman can produce organic growth with park beautification, high quality rides and an excellent guest experience that Six Flags leadership has failed to produce
JackGlass wrote:If capex is 10% of revenue. That would be $340 million a year to spend on rides, infrastructure, hotels, etc. Cedar Fair can do wonders with that type of budget and their style of park management. Zimmerman can produce organic growth with park beautification, high quality rides and an excellent guest experience that Six Flags leadership has failed to produce
Not quiet that simple, the key to Cedar Fair and why they could do what they do & have higher quality aesthetic parks, food/restaurants, etc...is that they didn't have too many parks. One of SF's many problem besides poor management, is that they were trying to take care of 15 parks, 12 waterparks on less Capex than Cedar Fair. Once this merger goes thru priority with the first 1 or 2 years is to get rid of low revenue parks with also low margin. ie...EPR lease parks, Great Escape, LaRonde. America are the most obvious.
JackGlass wrote:If capex is 10% of revenue. That would be $340 million a year to spend on rides, infrastructure, hotels, etc. Cedar Fair can do wonders with that type of budget and their style of park management. Zimmerman can produce organic growth with park beautification, high quality rides and an excellent guest experience that Six Flags leadership has failed to produce
Not quiet that simple, the key to Cedar Fair and why they could do what they do & have higher quality aesthetic parks, food/restaurants, etc...is that they didn't have too many parks. One of SF's many problem besides poor management, is that they were trying to take care of 15 parks, 12 waterparks on less Capex than Cedar Fair. Once this merger goes thru priority with the first 1 or 2 years is to get rid of low revenue parks with also low margin. ie...EPR lease parks, Great Escape, LaRonde. America are the most obvious.
Yeah Six Flags did corky things like those EPR leases to give the illusion that revenue was going up when in reality their legacy parks were having little to no organic growth. I'll be more than happy if Cedar Fair gets rid of those parks.
