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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
 

Jobs . News . Products . Magazine  
Post your job online   Free sign up   Contact us
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
Disney offers first look at new Disney Springs NBA Experience
Disney has unveiled new details about its upcoming NBA Experience coming at the operator’s Disney Springs leisure district in Orlando, Florida.
Pop-up attractions in London and LA to celebrate the art of Final Fantasy
A new pop-up experience opening in London and Los Angeles will celebrate the 30th anniversary of the Final Fantasy franchise from IP developer Square Enix.
Museum of the Bible set to open as US$500m project nears completion
Work is almost complete on a major new museum in Washington that will teach visitors about the Holy Bible.
Liberty Science Center seeks US$25m funding for 25th birthday upgrade
The Liberty Science Center in Jersey City, New Jersey, has launched a fundraising campaign to raise US$25m (€21m, £19m) in celebration of its 25th anniversary.
More news>
LATEST JOBS
Chef Manager
Marwell Wildlife
Salary: Competitive
Location: Winchester, United Kingdom
National Manager - Programmes and Events
The Wildfowl and Wetlands Trust
Salary: Up to £30,000 pa
Location: Slimbridge, United Kingdom
Executive Assistant
Legoland
Salary: Competitive
Location: Carlsbad, CA, United States
Retail Director
Legoland
Salary: Competitive
Location: Carlsbad, CA, United States
Duty Manager
Madame Tussauds
Salary: Competitive
Location: Hollywood, Los Angeles, CA, United States
Marketing - Brand Manager (Membership)
Legoland
Salary: Competitive
Location: Florida, United States



 
 
ADVERTISE . CONTACT US

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

©Cybertrek 2017

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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 2017

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