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 »
January 28, 2011
California's Great America amusement park losing another roller coaster
California's Great America has announced plans to remove the third coaster in less than a decade – a period in which no new coasters were added to the amusement park in Santa Clara, Calif.
Invertigo, an inverted shuttle coaster that made its debut in 1... 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 »
October 10, 2007
Great America confirms willingness to sell theme park to 49ers
The owners of the Great America theme park in Santa Clara confirmed Wednesday they're willing to sell the site to the San Francisco 49ers instead of waging a bitter fight over parking for the football team's proposed stadium. Cedar Fair Entertainment Co.... 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 »
August 25, 2007
Great America wave pool reopens after boy's drowning
Great America amusement park reopened its wave pool with new restrictions Saturday, six weeks after a 4-year-old boy drowned in the attraction. Carlos Alejandro Flores of San Jose was found unconscious July 12 in two feet of water in the 355,000-gallon Gr... 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 12, 2007
Theme-park owner willing to consider 49ers stadium
The owner of the Great America amusement park said Wednesday that it is no longer opposed to the San Francisco 49ers' plan to build a stadium in an adjoining parking lot in Santa Clara. In fact, the two sides emerged from a meeting this week talking about... Read More »
July 12, 2007
Boy drowns in Great America wave pool
With six lifeguards on duty, a 4-year-old boy drowned Thursday afternoon in the new "wave pool" attraction at Great America amusement park in Santa Clara. The victim was spotted by park workers beneath the surface of the water in the Great Barrier Reef po... 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
SANTA CLARA / Theme park reopens the Drop Zone ride
The Great America theme park in Santa Clara has reopened its Drop Zone thrill ride After a horrific accident on a similar ride at an amusement park in Kentucky.
The ride in Santa Clara was reopened Saturday afternoon after precautionary inspections were... Read More »
June 23, 2007
SANTA CLARA: CAL/OSHA APPROVES RIDE BUT PARK OFFICIALS STILL INVESTIGATING
Despite being approved Friday by California Division of Occupational Safety & Health Administration inspectors, the popular Drop Zone ride at Santa Clara's Great America amusement park remains closed today in light of an accident on a similar ride at a Ke... 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 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 »
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.
May 11, 2006
Heroes Awarded FREE Admission And Fun At Paramount's Great America Memorial Day Weekend
Paramount's Great America salutes our nation’s military, fire, police, and emergency services with FREE admission to the Santa Clara, California theme park Memorial Day Weekend May 27 – 29 and June 1 - 4. Members of the military, police, fire, and other emergency services can present a valid ID at Will Call or Guest Services and receive FREE admission and 50% off up to six (6) full-priced general admission tickets for family members. Paramount’s Great America is Northern California’s most accessible theme park and offers more than 50 rides and attractions, live shows and events.
March 22, 2006
Visitors Can Buy a Discounted Hotel/Theme Park Package and ... - Yahoo! News (press release)
"Survivor, The Ride," the world's first reality coaster based on the hit CBS series, awaits visitors to Santa Clara's Paramount's Great America theme park this year. Discounted hotel and park packages range from $121.00 - $159.00 and include one night's accommodations, two general admission tickets, and breakfast.
February 27, 2006
Paramount's Great America in Northern California will unveil Survivor the Ride this season, a spinning coaster attraction based on the popular CBS series. The unusual ride, dubbed a Disk'O Coaster by its Italian manufacturer, marries a flat ride (think a...
February 24, 2006
PGA announces Survivor: The Ride
Paramount's Great America officially announced Survivor: The Ride today. The park's newest thrill ride will challenge guests divided into two tribes to show their enthusiasm during the ride or face being sprayed by water.
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.