Zachary said:
Oddly, very little time was spent on ticketing or multi-day/multi-park questions.
...
The big takeaways from the questions for me is that SEAS is really concerned about canabalizing their existing market with this addition and that they see Legoland New York as a scary new player on the field.
Thanks much; good to hear. I don't see the addition as much of a multi-day/park/resort driver (that's an interesting age/interest demographic that could span that), so I'm glad if they aren't giving the impression that's their motivation.
The pros/cons of SP should largely stand on their own (and Nicole/Zachary's work here was excellent, btw). And Zachary's point about a fall back plan of a rethemed "land" (hamlet?) should SP fail or the contractual relationship end is spot on. This is a relatively safe way to hopefully add a new market and fulfill a contractual obligation.
As for cannibalization of their existing market and competition from LLNY--I don't see much of that either.
SP seems to draw from a very young (0-5 maybe) demographic. FoF/LoD/a few flats excepted, BGW doesn't really cater to that now--so SP should increase draw. As someone pointed out earlier though, CF's Camp Snoopy seems to draw higher in age, and I'd argue LL is in that middle spot between a SP and an adult park. BGW practically ignores that middle ground, so LLNY I think is a much bigger threat to other parks (e.g. HP) that cover that age better and are closer.
So if you have really young kids and are south of PA (SP, Dutch, etc.), you have another option. If you have older kids, they're probably too young for most of BGW and too old for SP, so you're looking at a LL or another park with more middle aged rides anyway. BGW's lack of attention to that middle age is a bigger problem, IMHO. SP will neither fix that nor cannibalize the older BGW market, and the biggest risk is that you lose the customer when they transition to middle age rides elsewhere.
My own kids' interests aligns with this. They went from kiddie parks (e.g. Dutch), then to parks that covered the middle better like HP, CF/Camp Snoopy, etc., then liked LLFL that caters to that middle, and are now old (tall) enough for some adult rides.
Interesting thing is? Never once have we been to SP. They honestly couldn't care less for the characters, and viewed SP as like Dutch--a "baby" park, quickly outgrown, and way before they viewed Camp Snoopy or kiddie flats as too little for them... The whole time we went to BGW too and they like it, but honestly it's a bit more for the experience (and Daddy's influence) than having a ton to ride.
So if SEAS can add a younger local market and one that indirectly benefits BGW due to synergies/health of the business, great. I just hope it doesn't sink any (albeit unconfirmed) chance of Madrid being a hamlet versus just an attraction, or any (unannounced but more likely with a hamlet) chance of actually adding some more middle aged or dark/year-round rides.