- Aug 21, 2016
It had very high attendance up until 2016.
Source: https://www.nasdaq.com/aspx/call-transcript.aspx?StoryId=4146828&Title=cedar-fair-s-fun-ceo-richard-zimmerman-on-q4-2017-results-earnings-call-transcriptAs you can see from our earnings release this morning, we delivered record revenues in 2017 driven by record attendance and guest spending, as well as the strong performance of our employees throughout all of our operations. However, our full year 2017 adjusted EBITDA which was down less than 1% from last year's record results were softer than we had expected due to higher operating costs combined with lower than anticipated attendance growth.
On our third quarter call, we discussed the attendance challenges for our parks in the Great Lakes region during the peak vacation months of July and August due to the unfavorable weather patterns on traditionally high attendance days. Although we saw record results in the fourth quarter with strong guest demand for our Haunt and WinterFest events, this was not enough to fully overcome the shortfalls we experienced earlier in the year.
I've never been to Cali (or really researched those parks). I guess CGA because of size TBH. Yea I forgot WoF but they're low tier.SLC Headache said:^I thought Knott's was the California flagship. Aren't they already a two-gate park, their Soak City being a separate gate?
Also, you forgot Worlds of Fun (and they'd be in the low tier).
I don't consider CGA a flagship park in the Cedar Fair chain at all. Considering its small size (it's about 1/4 the size of KD) and the lack of attractions the park gets (2 coasters in the last 17 years), there is nothing noteworthy of designating this park as a flagship. It doesn't even come close to the attendance of CW, KI and Carowinds and certainly doesn't bring in the revenue stream as other parks. I'd even consider KBF more of a flagship than CGA based on attendance alone.warfelg said:Cedar Fair has long kept their parks in different 'tiers'. I've considered California's Great America, Carowinds, and Cedar Point their 'flagship' parks.
Me too.Zimmy said:I wonder if there is something bigger going on here. This is starting to turn into quiet the suitcase parade.
Im hoping that this will be really great for the park. Already being established at KD she may bring knowledge of the inner workings that someone from outside may not have. Plus its always good to see people move and grow within a company.Joe said:For anyone wondering, it seems Katelyn has been replaced by Maggie Sellers, the park's former Interactive Marketing Coordinator who wrote many of the park's blog posts and played a role in many marketing functions in past years. This is the first time in a large handful of years that the Communications Manager has been promoted from within the park instead of coming from an outside field, so congratulations to Maggie! I've been a big fan of her past work for the park.