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Amusement Parks

All articles tagged with #amusement parks

Centennial Knoebels Tops America’s Favorite Amusement Parks, Beating Disney and Universal
travel13 days ago

Centennial Knoebels Tops America’s Favorite Amusement Parks, Beating Disney and Universal

Knoebels Amusement Resort in Elysburg, PA—free admission since 1926—took Tripadvisor’s 2026 Travelers’ Choice top spot for America’s amusement parks, praised for affordability and a laid-back vibe, ahead of Disney and Universal; the top five are Knoebels, Dollywood, Magic Kingdom, Hollywood Studios, and Universal Islands of Adventure, with a top-10 that includes Epcot, LEGOLAND California, Universal Studios Florida, Disneyland Park, and Silver Dollar City.

Six Flags exits seven parks in $331M deal to sharpen growth focus
business4 months ago

Six Flags exits seven parks in $331M deal to sharpen growth focus

Six Flags Entertainment Corp. has agreed to sell seven of its amusement parks to real estate investor EPR Properties for $331 million as part of a portfolio simplification to reduce debt and reinvest in higher-growth parks like Carowinds; closing is expected by the end of Q1 or early Q2, with EPR partnering to run the US and Canadian parks. The move comes after a difficult 2025 with a $1.6 billion net loss and will allow continued investment in remaining parks while Carowinds continues to update facilities and experiences, including the Carolina Harbor Waterpark reopening May 23.

Travis Kelce's Investments Could Revive Major Amusement Parks
business8 months ago

Travis Kelce's Investments Could Revive Major Amusement Parks

Travis Kelce, a lifelong Six Flags fan and Kansas City Chiefs star, has invested in the struggling amusement park company alongside JANA Partners, aiming to help revitalize the brand amid financial and operational challenges following a merger and declining attendance. The investment signals hope for industry recovery through potential management changes, technological upgrades, and possible park sales, with Kelce's involvement bringing positive attention and a nostalgic connection to the parks.

entertainment2 years ago

"Thrilling New Roller Coasters Unveiled for the Year Ahead"

Theme Park Crazy released a video showcasing the most anticipated roller coasters set to debut in 2024, while a tragic roller coaster accident in Sweden resulted in one fatality and multiple injuries. Additionally, a Disney World roller coaster is rumored to be re-themed to Muppets' Electric Mayhem, and the world's fastest roller coaster in Japan suspended operations after riders suffered serious injuries.

"North America's Theme Park Landscape Transformed as Cedar Fair and Six Flags Merge"
business2 years ago

"North America's Theme Park Landscape Transformed as Cedar Fair and Six Flags Merge"

Cedar Fair and Six Flags, two major amusement park operators, are merging to create a powerhouse company with a combined worth of over $3.5 billion. The merger will result in a company with 27 amusement parks, 15 water parks, and nine resort properties across the United States, Canada, and Mexico. The deal is expected to lower costs and increase efficiency in the face of ongoing challenges in the amusement park industry due to the pandemic. The combined company will have entertainment partnerships and a portfolio of intellectual property, including popular brands like Looney Tunes, DC Comics, and Peanuts. The merger is set to close in the first half of next year, pending approval from Six Flags shareholders.

Major Theme Park Companies Cedar Fair and Six Flags Announce Merger, Bringing Exciting Changes to the Industry
business2 years ago

Major Theme Park Companies Cedar Fair and Six Flags Announce Merger, Bringing Exciting Changes to the Industry

Cedar Fair and Six Flags, two major amusement park operators, are merging to create a powerhouse company with 27 amusement parks, 15 water parks, and nine resort properties across the U.S., Canada, and Mexico. The merger, valued at over $3.5 billion, aims to lower costs and enhance park offerings. Despite an increase in revenue, amusement parks have struggled with attendance during the pandemic. The combined company expects $120 million in cost savings and plans to moderate seasonal volatility. The deal is set to close in the first half of next year, pending approval from Six Flags shareholders.

Major Theme Park Merger Brings New Headquarters to Charlotte
business2 years ago

Major Theme Park Merger Brings New Headquarters to Charlotte

Cedar Fair, the parent company of Carowinds, and Six Flags Entertainment Corporation have announced a merger, creating a combined company with a portfolio of 42 parks and nine resort properties across North America. The merger aims to enhance park offerings and performance, with the company operating under the name Six Flags and headquartered in Charlotte. The merger is expected to be completed in the first half of 2024.

Amusement Park Giants Six Flags and Cedar Fair Announce Merger
business2 years ago

Amusement Park Giants Six Flags and Cedar Fair Announce Merger

Amusement park corporation Six Flags is merging with rival Cedar Fair in an $8 billion deal, creating a combined entity that will operate 27 amusement parks, 15 water parks, and nine resort properties in North America. The merger is expected to generate over $3 billion in revenue. The move comes after years of financial challenges for Six Flags, including a plunge in share value in 2020 due to defaulted payments for planned projects in China.