Flash-forward to 2010: Which theme parks will remain alive?
We're in a little lull here just before a holiday weekend, then spring break, then the opening of the 2009 season at the regional theme parks. So now's as good a time as any to envision how the 2009 will go.
Let's focus on the finances. Everyone expects 2009 to be a brutal year for the economy. What do you envision the theme park industry will look like when the year's up, and we enter 2010?
Give us your predictions for the following questions:
- Will overall theme and amusement park attendance in North America be up or down in 2009, compared with 2008?
- Will any theme park chains go under in 2009? If so, which ones?
- Will any individual theme parks close for good in 2009, like Hard Rock Park did in 2008? If so, which ones?
- Which theme park companies will increase their market share in 2009, at the expense of its competition?
I'll post my predictions this afternoon. 'Til then, let's hear yours.
There was an article on Yahoo that said Six Flags may go under in the next year or two. Overall, Theme Park attendance has been way down and hopefully by 2010 with the many new attractions in the works (Wizarding World, DCA revamp) things will get back on track.
Will overall theme and amusement park attendance in North America be up or down in 2009, compared with 2008?
I can see actual park attendance increase over 2009, with all of the deals and promotions being offered by parks. Although I fully expect all parks to see a massive fall in profitability attendance may just increase. Lots of people will be likely to skip a vacation this year with consumer confidence destroyed and people worrying about their jobs. However, these people, especially those with kids, will most likely be looking to take some day trips over the year that represent good value for money, perfect for parks looking to boost their attendances, especially parks whose majority customer base is from the local area. I do thing hotel reservations, merchandise and food & drink sales will be down significantly however.
All the Orlando parks will take a hit in both attendance and profitability. The addition of Manta at SeaWorld and Hollywood Rip, Ride, Rockit at Universal will help things (and spill over to Disney as well), but in general 2009 will not be a banner year for Orlando.
1. I think overall attendence in 2009 might actually go a little bit higher for a few parks, especially Universal Orlando, as they just dragged in hundreds of thousands to their parks, and what more, thos who won will probably com,e with another person, meaning they will sell many tickets as well!
Oh, boy... I REALLY don't want SFA to go... I would actually rather have it sold (to Cedar fair; they give almost all their parks equal treatment), but I don't want it to go completely out of business! Then, the next closest theme park would be KD, which is almost 2 hours away. Everything else (Hershey, Knoebels, Dorney, BGE), is from 2-3 hours away... that would suck...
1. Overall attendance will be down 6 percent from 2008.
Well, I hope C'sGA won't leave, because that's my cousin's home park, and I'll be visiting there in the next few years...
I doubt that we will see any big closings in 2010. We will see some shakeups, some winners, and some losers, but everyone should survive. Here are some thoughts.
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