Find great staff ™
Jobs start on page 26
MANAGEMENT NeWs 6 MarcH 2019 issUe 125
www.attractionsmanagement.com
Cedar Fair eyes out-of-park investments Cedar Fair has revealed plans to grow and expand its external revenue streams through new developments attached to its existing parks portfolio. Speaking during an earnings call, Richard Zimmerman, president and CEO of Cedar Fair, revealed the plans, which include a focus on resort accommodation to extend stays, as well as a range of other leisure opportunities. "There's an opportunity to expand our out-of-park revenue streams and maximise the value of our existing portfolio through development ■■Cedar Fair produced record full-
adjacent to our parks," he said.
year net revenues of US$1.35bn
"We currently have more than 1,300 acres of undeveloped land that can be utilised for resort expansion,
North Carolina, and a new 150,000sq
amateur sports facilities and other
ft (14,000sq m) indoor amateur sports
entertainment concepts."
facility overlooking Cedar Point in
Projects currently in the works for the
Sandusky, Ohio. Both developments are
company include a 129 bedroom hotel
scheduled to open at the end of 2019.
adjacent to Carowinds in Charlotte,
More: http://lei.sr/2Z6q9_a
IP ATTRACTIONS
Park to include Mario Kart rides and interactives
RIchard Zimmerman
THEME PARKS
super nintendo World on course for 2020 launch
p4
WATERPARKS
dubai park operator getting back on track DXB reduces annual losses as visitor numbers increase
There's an opportunity to expand our out-ofpark revenue streams
six flags to rebrand new acquisitions
p5
Three parks bought from EPR to get new names
p8