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Cedar Fair, L.P. Message Board

  • bidupbid bidupbid Nov 3, 2005 3:18 PM Flag

    Weather

    The weather is always sucky in Ohio...too hot and humid, too cold and damp, too windy, too snowy, too full of bugs, too this, too that.

    I don't ever want to see weather mentioned again in a press release from Cedar Fair...you own a park on a point in the middle of the Great lakes...the weather is always going to be a challenge...this is not a valid excuse.
    I was there once when it was 40 and rain/snow mix and it was STILL crowded.

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    • That's one thing (among others) which bothered me about the Geauga Lake acquisition.

      They spend $145M (plus $30M more in renovations) to create a world class waterpark in a region where (at best) they'll have a 3-4 month season?

      That's insane. The payback on a venture like that will probably be measured in decades (or centuries, LOL,) even in the "best case"... If you're going to dump a ton of money into a waterpark, at least pick an area that could support one...

      Then again, when you just focus on EBITDA, all the debt, all the capital improvements, etc.,... well they don't count. It simply looks GREAT!

 
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