Just read on Screamscape that as part of the investor call they mentioned the idea of introducing “Regional Passes” next year in addition to the single park and all park passes.
I disagree— the appeal of the pass and the meal plan across parks is people tend to spend more when they go to another park on their pass because they have the mindset of “it’s free so I can spend money on other things”.IMO It won’t make them any more money when the meal passes are linked to them. It will just be more meals they give away.
This company isn’t very good at attracting new customers. They just try to squeeze more out of the current ones b
Not to mention that guests spend far more time in gift shops when they are not spending time walking through the parking lot to get lunch from their car.I disagree— the appeal of the pass and the meal plan across parks is people tend to spend more when they go to another park on their pass because they have the mindset of “it’s free so I can spend money on other things”.
United and Herschend have good reputations for food (even if one is declining). I think they like pass sales, including meal passes, as it makes accounting easier and reduces risk. I might be fine going to a park and not eating, but most people would prefer having food available even if overpriced. It can be a money maker but also is an attraction in itself and necessary even if it's not actually profitable. If they can get paid up front for keeping the restaurant doors open, that is very appealing even if it greatly reduces that maximum potential profit.The meal plans are not good business or all chains would be offering them. United and Herschend don’t. I don’t think Palace did either. United actually eliminated them before they became too ingrained with the customers.
Six Flags/Cedar fair back themselves into a corner with these meal passes The customers expect them If the eliminate them they lose customers. Six tried to get rid of them and it hurt attendance.
So they stick with these low profit meal plans and the only way to combat them is continue to shrink portions and reduce food quality.
Just because one likes the meal plan doesn’t mean it’s good business.
Admittedly every Winterfest visit I was sure to get a meal, which isn't always the case for a short visit. It was also the ONLY time I spent money in the park, other than maybe an emergency Powerade at some point, due to the Fried Cinnamon Bread, feeling like I was well past getting my money's worth, and trying to vote for the event with my wallet just a little. Sure aren't spending anything at the beginning of the year just after renewing!The bigger issue i see with meal plans is they cannibalize event food sales. For Winterfest at KD, I would bet on this being a big issue in that season pass holders with meal plans aren't hardly spending any additional money at that point since they have plans.
One of the issues I see with a regional pass is how do you define the region. The test example I have seen floated was Georgia Carolinas Virginia which is great if you live I the Carolinas but if you live toward KD or that includes Dorney and Great Adventure is probably more attractive. Perhaps something like a pick 3 parks option might be a compromise that is worth the company considering.
God imagine how far they can take it:I definitely hope that each park will get a custom selection of "neighbor parks" rather than there being predefined regions. Anyone at the edge of those regions would be massively disincentivized from the offering of that's the approach.
God imagine how far they can take it:
Super Regions for those on the edge to lump two together.
Quadrant region of NE, SE, NW, SW.
Great Divide pass that gives you either East of the Mississippi or West.
They could be super creative or super disruptive based on how you view it.
Pick 3 is a decent idea, but at some point they need to acknowledge that they have very different tiers of parks and charge accordingly. In my view legacy CF was terribly underpriced for passes and that still continues despite less competition in the market. Even their flagship, CP, basically is cheaper than every major competitor out there, which shows in staffing and soft investment. CP should at least cost what HP does, and other better parks should be priced accordingly.One of the issues I see with a regional pass is how do you define the region. The test example I have seen floated was Georgia Carolinas Virginia which is great if you live I the Carolinas but if you live toward KD or that includes Dorney and Great Adventure is probably more attractive. Perhaps something like a pick 3 parks option might be a compromise that is worth the company considering.
IMO this is one of the reasons that Winterfest is no more at KD. It just brought in a large number of season passholders and they were not spending money at the event.The bigger issue i see with meal plans is they cannibalize event food sales. For Winterfest at KD, I would bet on this being a big issue in that season pass holders with meal plans aren't hardly spending any additional money at that point since they have plans.
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