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NEWS
Cedar Fair plans big investments for 2018
POSTED 04 Aug 2017 . BY Tom Anstey
Cedar Fair has promised significant investment into the operator’s attractions portfolio in 2018, with the planned additions supported by record results in the company’s latest earnings report.

During the first half of 2017, Cedar Fair has made an estimated US$125m (€105.2m, £95.2m) investment in capital expenditure, with that figure to be exceeded next year.

“We have a very strong line up of new rising attractions including four new roller coasters and an additional 158 bedroom tower at the Hotel Breakers located at Cedar Point's mile-long beach,” said Cedar Fair CEO Matt Ouimet, speaking during the latest company earnings call.

“We’re going to lean into the product that we now have for 2018 and the four roller coasters we’re developing across some of our biggest parks should make an impact for us next year.”

The operator is on course for another record year of results after it recorded net revenues of US$393m (€332m, £297m) for the second quarter of 2017 across all of its parks. The success, said the operator, was a result in part to its capital investment programme. Cedar Fair will announce its full development schedule for the 2018 season on 16 August.
RELATED STORIES
Record quarter for Cedar Fair as operator targets US$500m earnings record


Cedar Fair is on course for another record year of results, after the company recorded net revenues of US$393m (€332m, £297m) for the second quarter of 2017, US$5m (€4.2m, £3.8m) higher than record revenues reported for the same period last year.
Competitors not a concern for Cedar Fair, says CEO Matt Ouimet


With California’s hotbed of theme park attractions all making significant investment into new developments, Cedar Fair CEO Matt Ouimet has said the company does not feel pressured to make the same commitment at Knott’s Farm following a record annual earnings report.
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AM2.jobs - Attractions Jobs & News
Attractions Management Magazine


CLICK HERE TO READ THE LATEST ISSUE ONLINE
 

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NEWS
Cedar Fair plans big investments for 2018
POSTED 04 Aug 2017 . BY Tom Anstey
Cedar Fair has promised significant investment into the operator’s attractions portfolio in 2018, with the planned additions supported by record results in the company’s latest earnings report.

During the first half of 2017, Cedar Fair has made an estimated US$125m (€105.2m, £95.2m) investment in capital expenditure, with that figure to be exceeded next year.

“We have a very strong line up of new rising attractions including four new roller coasters and an additional 158 bedroom tower at the Hotel Breakers located at Cedar Point's mile-long beach,” said Cedar Fair CEO Matt Ouimet, speaking during the latest company earnings call.

“We’re going to lean into the product that we now have for 2018 and the four roller coasters we’re developing across some of our biggest parks should make an impact for us next year.”

The operator is on course for another record year of results after it recorded net revenues of US$393m (€332m, £297m) for the second quarter of 2017 across all of its parks. The success, said the operator, was a result in part to its capital investment programme. Cedar Fair will announce its full development schedule for the 2018 season on 16 August.
RELATED STORIES
Record quarter for Cedar Fair as operator targets US$500m earnings record


Cedar Fair is on course for another record year of results, after the company recorded net revenues of US$393m (€332m, £297m) for the second quarter of 2017, US$5m (€4.2m, £3.8m) higher than record revenues reported for the same period last year.
Competitors not a concern for Cedar Fair, says CEO Matt Ouimet


With California’s hotbed of theme park attractions all making significant investment into new developments, Cedar Fair CEO Matt Ouimet has said the company does not feel pressured to make the same commitment at Knott’s Farm following a record annual earnings report.
MORE NEWS
Atlantis Sanya mega-resort and waterpark almost complete as May opening nears
One of Asia’s most anticipated waterpark projects is almost complete, with the Atlantis Sanya resort approaching its May 2018 opening date.
HLF considers change to funding methods
The Heritage Lottery Fund (HLF) is changing the way it hands out finances for British projects, with the organisation considering the introduction of loans and corporate funding objectives starting next year.
UNStudio win competition for EuropaCity's indoor/outdoor cinema complex
One of the largest ongoing leisure developments on the planet, EuropaCity in Paris, will feature a dramatic indoor/outdoor cinema embedded into the landscape, courtesy of a competition-winning design by UNStudio.
Liverpool creates action plan as Unesco threatens removal of historic city from World Heritage list
In a bid to protect its World Heritage status, the City of Liverpool and Historic England have drawn up a heritage action plan, created to navigate the threat posed by a proposed development of the city’s waterfront, which could see it struck from the Unesco register.
More news>
LATEST JOBS
Theme Park Resort Duty Manager - Operations
Gulliver's Theme Park
Salary: Competitive
Location: Matlock Bath, Matlock, UK
Educational Ranger
Center Parcs Ltd
Salary: £8.82 Per Hour
Location: Wiltshire, UK
Activity Instructor
Girlguiding UK
Salary: Competitive
Location: London, UK
Head Lifeguard/ Duty Officer
Brean Splash
Salary: Hourly rate up to £8.50 per hour - 44 hours per week
Location: Somerset, UK
Pool Manager
Brean Splash
Salary: £21,000 - £26,000 per annum
Location: Somerset, UK
Tour Operations Manager
The Football Association
Salary: Competitive Salary
Location: Wembley, UK



 
 
ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
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AM2
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NEWS
Cedar Fair plans big investments for 2018
POSTED 04 Aug 2017 . BY Tom Anstey
Cedar Fair has promised significant investment into the operator’s attractions portfolio in 2018, with the planned additions supported by record results in the company’s latest earnings report.

During the first half of 2017, Cedar Fair has made an estimated US$125m (€105.2m, £95.2m) investment in capital expenditure, with that figure to be exceeded next year.

“We have a very strong line up of new rising attractions including four new roller coasters and an additional 158 bedroom tower at the Hotel Breakers located at Cedar Point's mile-long beach,” said Cedar Fair CEO Matt Ouimet, speaking during the latest company earnings call.

“We’re going to lean into the product that we now have for 2018 and the four roller coasters we’re developing across some of our biggest parks should make an impact for us next year.”

The operator is on course for another record year of results after it recorded net revenues of US$393m (€332m, £297m) for the second quarter of 2017 across all of its parks. The success, said the operator, was a result in part to its capital investment programme. Cedar Fair will announce its full development schedule for the 2018 season on 16 August.
RELATED STORIES
Record quarter for Cedar Fair as operator targets US$500m earnings record


Cedar Fair is on course for another record year of results, after the company recorded net revenues of US$393m (€332m, £297m) for the second quarter of 2017, US$5m (€4.2m, £3.8m) higher than record revenues reported for the same period last year.
Competitors not a concern for Cedar Fair, says CEO Matt Ouimet


With California’s hotbed of theme park attractions all making significant investment into new developments, Cedar Fair CEO Matt Ouimet has said the company does not feel pressured to make the same commitment at Knott’s Farm following a record annual earnings report.
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS