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Six Flags find success in shedding parks
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Theme Park Insider
Search the site SearchSix Flags find success in shedding parksSix Flags' attendance, revenue, and earnings are down this year over last due to the company's sale or closure of some of its parks this season.
But when you look at just the parks that Six Flags has kept in its chain, the company is reporting increases across the board.
Indeed, Six Flags reported that its active pass base grew 6% this quarter on a same-park basis.
But both attendance and in-park spending per capita were higher last year at the parks the company kept than the entire chain reported before the sale and closure of select parks.
The company also reported total liquidity of $837 million, including $703 million available under the company’s revolving credit facility.