April 09, 2011
New Dorney Park Coaster Ride Coming in 2012
South Whitehall commissioners on Wednesday night approved Dorney Park & Wildwater Kingdom's plan to install a 138-foot inverted coaster at the park for the 2012 season.
The ride will be moved to the site from another amusement park in California owned... Read More »
February 16, 2011
Cedar Fair drew record number of visitors in 2010
America's third-largest amusement park chain hit an all-time high in attendance in 2010 despite the tough economy and a shakeup in its front office.
Ohio-based Cedar Fair drew 22.8 million people to its parks, the company said Tuesday.
Better weathe... Read More »
February 16, 2011
Theme Parks Keep Rolling
Cedar Fair may have a love-hate relationship with its investors, but it must've left its thrill-seeking owners smiling with yesterday's fourth-quarter report.
The regional amusement park operator posted a better-than-expected 23% spike in revenue to $1... Read More »
February 02, 2011
Dorney Park lining up more thrills
Mum's the word on a new ride slated to join Dorney Park's lineup of belly-dropping, giggle-inducing thrillers, and park representatives say enthusiasts will have to wait until summer 2012 to try it out.
Dorney Park's parent corporation, Cedar Fair L.P.... Read More »
January 09, 2008
Cedar Fair Entertains More Than 22 Million Guests in 2007
Cedar Fair today announced that combined attendance in 2007 at its eighteen locations totaled 22.1 million guests compared with 19.3 million in 2006. During this same period, preliminary average in-park guest per capita spending increased 5% to $40.45 com... Read More »
September 10, 2007
CEDAR FAIR PARKS EARN TOP HONORS AT AMUSEMENT TODAY'S GOLDEN TICKET AWARDS CEREMONY
Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and active entertainment, has, for the tenth straight year, earned the title of "Best Amusement Park in the World" for its flagship park, Cedar Point, Sandusky, Ohio, acc... Read More »
July 30, 2007
Cedar Fair Comments on Reports of Sale to Destiny Capital
Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and active entertainment, today commented on recent reports of a potential sale to Destiny Capital. "We have received numerous inquiries and questions regarding stories t... Read More »
July 23, 2007
Cedar Fair Declares Second Quarter Cash Distribution
Cedar Fair Entertainment Company , publicly traded leader in regional amusement parks, water parks and active entertainment, today announced the declaration of a regular quarterly cash distribution of 47.5 cents per limited-partner unit, consistent with t... Read More »
July 17, 2007
Great America owner implements life jacket rule at all parks
The parent company of an amusement park where a 4-year-old boy drowned last week said it is requiring children under 48 inches tall to wear life jackets in all company-owned pools. The new rule implemented Monday applies to pools at the 18 parks owned by... Read More »
July 09, 2007
Cedar Fair Seeks Buyout That Would Keep Bosses
Cedar Fair Entertainment Co., the nation's third-largest theme-park operator, has quietly reached out to private equity firms to gauge their interest in a buyout on the condition that the company's management team remains in place,... Read More »
July 05, 2007
Cedar Fair Reports Attendance and Revenues Through June
Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and active entertainment, today announced that combined 2007 revenues at its parks through July 1, 2007 were $355.3 million, on 7.8 million guest visits and average in-pa... Read More »
June 25, 2007
Roller coaster proposal for Dorney clears planners
Plans for a state-of-the-art roller coaster proposed at Dorney Park & Wildwater Kingdom have gotten a nod of approval from the South Whitehall Planning Commission. Park officials want to erect a 184-foot-tall coaster powered by a linear induction motor, a... Read More »
June 22, 2007
Va. Theme Park Among Those Closing Ride for Inspection
Drop tower rides at five amusement parks owned by Cedar Fair Entertainment Company -- including a park in Virginia -- have been closed for inspection after an accident on a similar ride at Six Flags Kentucky Kingdom severed a teenage girl's feet above the... Read More »
June 04, 2007
Early-season results flat for Cedar Fair
Cedar Fair Entertainment Co., the parent of Kings Island amusement park in Mason, reported revenues on a same-park basis were relatively unchanged for the first five months of its 2007 season.... Read More »
June 01, 2007
Cedar Fair Reports Early-Season Attendance and Revenues
Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and active entertainment, today announced that combined 2007 revenues at its parks through the Memorial Day weekend were $147.2 million, on 3.0 million guest visits and a... Read More »
April 24, 2007
Fans say Dorney Park's new coaster will be a 70-mph U-shaped ride
Dorney Park and Wildwater Kingdom is getting a new roller coaster for the 2008 season, and amusement-park fans think they know which one it is. Last week, the South Whitehall park got township approval for minor zoning changes that will allow it to build... Read More »
April 23, 2007
Cedar Fair Declares First Quarter Cash Distribution
Cedar Fair Entertainment Company (NYSE: FUN), publicly traded leader in regional amusement parks, water parks and active entertainment, today announced the declaration of a regular quarterly cash distribution of 47.5 cents per limited-partner unit, consis... Read More »
March 09, 2007
Dorney Park has lost its most loyal fan - Allentown Morning Call
Dorney Park lost its most loyal fan last week when Bob Ott passed away. Bob's ties to the amusement park were secure when Bob met Sally Plarr at a Castle Garden dance in 1934. Sally was the coat check girl, working for her father, Bob Plarr, the owner of the park. As Bob tells it, the couple sneaked in a few dances to the music of Ted Wheems and his Orchestra, and ''We've been dancing around together ever since.''
As attrition occurred in the Plarr family, Bob and Sally ended up being the owners of the park and along with their son Bobby, they managed every aspect of the operation as a family corporation. Bob became chairman of the board and son Bobby became president. Sally was the corporate secretary. Under their leadership the park grew and made possible the amusement giant we know today as Dorney Park and Wildwater Kingdom.
Bob grew up in East Allentown and attended Ritter Elementary School and Harrison-Morton Junior High School. As an adult he openly shared his pride in his H-M heritage. Like the late jazz saxophonist Willie Restum, he would sing the Harrison-Morton Fight Song with the slightest provocation. Both men are enshrined on the walls of the school in the H-M Hall of Fame.
February 08, 2007
Cedar Fair Reports Results for 2006 and Outlook for 2007 - Yahoo! News (press release)
Cedar Fair Entertainment Company, a leader in regional amusement resorts, water parks and active entertainment, today announced results for its fourth quarter and year ended December 31, 2006. The 2006 figures include the results of the Paramount Parks since their acquisition from CBS Corporation on June 30, 2006.
September 11, 2006
Cedar Fair drops earnings projection
Cedar Fair LP of Sandusky is lowering its 2006 earnings guidance due to falling attendance at its amusement parks.
The company said it now expects to post full-year revenue of $815 million to $835 million and full-year adjusted earnings before interest, taxes, depreciation and amortization of $285 million to $305 million, according to a company statement.
The statement did not list its previous earnings guidance, and a message left at Cedar Fair on Friday afternoon was not immediately returned.
June 14, 2006
Cedar Fair must decide on headquarters site
Come September, Cedar Fair LP will have a big decision: whether to operate from Sandusky, as it has since 1870, or move to Charlotte, N.C.
In buying Paramount Parks Inc. last month for $1.24 billion, the Sandusky amusement park operator acquired a floor of leased space in a modern office park building in Charlotte that is Paramount's headquarters.
When the deal was announced, Cedar Fair Chairman and Chief Executive Richard Kinzel, a Toledo native, was asked about the Charlotte site's fate. He was evasive.
June 02, 2006
Cedar Fair, L.P. Reports early-season attendance and revenues
Cedar Fair, L.P., a publicly traded partnership which owns and operates seven amusement parks and five water parks, today reported that combined revenues at its parks through the first five months of the year were unchanged from last year. This was the result of a 2%, or $1.1 million, increase in in-park revenues, offset by a 5%, or $1.2 million, decrease in out-of-park revenues, including resort hotels.
May 30, 2006
Full speed ahead - With Paramount Parks on board, Cedar Fair increases presence in amusement park market
Dick Kinzel sounded like a kid clutching a long-coveted birthday gift when he spoke about Cedar Fair’s decision last week to buy Paramount Parks for $1.24 billion in cash.
“We put everything on the back burner,” the Cedar Fair CEO said of the weeks leading up to the announcement of the deal. “We’ve always sort of wanted them. Sometimes you have to go off your plan a little bit and adjust.”
May 23, 2006
Shareholders angry over switch in amusement park twofer deal - The State
Cedar Fair shareholders say they're angry over a switch in a popular perk.
Shareholders used to get buy-one-get-one-free passes for the Sandusky company's flagship park, Cedar Point. This year the twofer deal is for the new Castaway Bay indoor water park.
The new perk is actually worth more because it includes overnight resort lodging.
February 15, 2006
Cedar Fair reports increased income, guest spending
By Robert Niles: Year-end financial results are in for the parent of Cedar Point and Knott's Berry Farm.