Cedar Fair attendance up 3 percent
Written by Robert Niles
Amusement park operator Cedar Fair reports that attendance and revenue at its theme parks both increased by three percent this summer over last.Tweet
Here's the news release announcing the data. And for those of you with accounting degrees, too much time on your hands, a deep interest in the business of theme parks... or all of the above, here is the link to Cedar Fair's latest 10-Q report from the Securities and Exchange Commission.
Many analysts were worried that a softening economy and higher gas prices this summer might hurt theme park attendance. I had guessed that a weak dollar would lead to more international tourists heading to Orlando, replacing U.S. tourists who would opt for visits to regional parks over the Central Florida ones, keeping attendance solid at any park with a new attraction or decent promotion this year.
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