In regards to Hersheypark. I think it's important to remember that springtime in the park is a smaller scale spring event that covers 7 days. May 1st was always more of their official park opening date anyway.
COVID-19 & Coasters: Coronavirus Impacts on the Amusement Industry
- Thread starter GrandpaD
- Start date
Oh now that I read that yes your right. It came across with some virus stuff and I guess I lumped it together as related.Looks like it didn't have anything to do with Corona. Still sad. ?
Wildly Popular Brooklyn-Based Ice Cream Maker Ample Hills Files for Bankruptcy
The move has nothing to do with coronavirus or lack of demand for their product.www.brownstoner.com
I just wanted to add that then cancelling it this early might have more to do with them not wanting people to work right now so know they won't be able to have the park open for the event.
So in two and a half months a limited number of people may be able to go to a few shops and restaurants in downtown Disney under strict health controls. That’s not very promising for the industry, and very few parks can make money under those circumstances.
I didn't see this mentioned earlier.. but fun spot is still open!!!
www.wesh.com
Fun Spot remains open through coronavirus worries
Owner John Arie said the decision to stay open was for the more than 1,000 people who work at his parks.
www.wesh.com
I ran into a paywall so I can't access the full article. But this will effect a lot of projects at a lot of parks....
Landry's Restaurants Reportedly Laying Off All Employees; Rainforest Cafe in Disney Springs Now Closed Due to Coronavirus (COVID-19) - WDW News Today
A daily-updated resource for news and information on the Disney resort around the world.
wdwnt.com
SeaWorld, Six Flags and Cedar Fair have lost over half their stock value the past month...
Virus costs three theme park chains over half their value
www.themeparkinsider.com
I plan on investing heavily in them. I know that this is a really unfortunate time but I fully believe that they will all bounce back.SeaWorld, Six Flags and Cedar Fair have lost over half their stock value the past month...
Virus costs three theme park chains over half their value
www.themeparkinsider.com
I know zip about hostile takeovers, but even doubling SEAS current value as a takeover bid might be tempting. No idea who would do it...but still.
No bidding involved in a hostile.
You just buy shares until you have over 50% and then you own the company
And by own I mean you can effectively pass any measure because your vote counts for more than everyone else combined.
The hostile part comes in when you fire every board member and appoint yourself king (or queen)
Interesting message to guests from Holiday World...
www.holidayworld.com
Your 2021 Visit | Holiday World
Learn more about your 2021 Visit with Holiday World's safety procedures, including face covering policy, and all the information you need!
www.holidayworld.com
Interesting message to guests from Holiday World...
Your 2021 Visit | Holiday World
Learn more about your 2021 Visit with Holiday World's safety procedures, including face covering policy, and all the information you need!
As is so often true, a small park in the middle of a sea of corn is showing the entire industry how it’s done. This is a damn near perfect statement in my opinion. Even better though is the FAQ they included. The insights offered there are both incredibly accessible for the average guest and informative to people like us.
Nobody is making a hostile takeover bid with no prospects on the park reopening. If they are sitting on cash they’ll just wait for SEAS to go insolvent and buy it at fire sale prices. What the buyer does to SEAS at that point would be unknown. Maybe sell off pieces if parts make sense outside the whole - e.g. BGW may have interested buyers who aren’t interested in the Sea World parks.
As long as they actually are interested in running them as parks and not going to sell off rides and other assets then repurpose/sell the land for housing... Kind of what I've heard is a common threat to golf courses.
Heck, if AB-INBEV created a subsidiary dedicated to non-beverage related business, they could essentially re-buy the park literally next door and use it once again as a giant beer sales tool. Though if that ever happened, chances are the budgets will be even more tightly controlled...
Heck, if AB-INBEV created a subsidiary dedicated to non-beverage related business, they could essentially re-buy the park literally next door and use it once again as a giant beer sales tool. Though if that ever happened, chances are the budgets will be even more tightly controlled...