Six Flags to Invest More Than $1 Billion Over the Next Two Years to Enhance Guest Experience11/14/2024
New rides, attractions, themed areas, dining upgrades, technology and infrastructure improvements planned across network of 42 parks in North America
CHARLOTTE, N.C.--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: FUN), the largest amusement park operator in North America, today announced it will invest more than $1 billion over the next two years to enhance the guest experience at its 42 parks. The investments, which will total between $500 million and $525 million in both 2025 and 2026, will include new rides, attractions, themed areas, dining upgrades, and technology enhancements that are sure to deliver an unparalleled level of fun and excitement to guests of all ages. “Our capital investment plans for the next two years reinforce our commitment to providing unmatched thrills, immersive entertainment and lifelong memories to guests of all ages,” said Six Flags President & CEO Richard A. Zimmerman. “The new Six Flags has a unique opportunity to refresh and renew the guest experience, one so compelling that a visit to one of our parks will be viewed as an indispensable choice in family entertainment.” In August, the company unveiled its capital investment for the 2025 operating season. Those plans include seven new roller coasters, along with an expanded roster of popular seasonal events. In addition, the new All Park Passport Add-On will allow season passholders and members to visit all 42 of the Company’s amusement and water parks beginning January 6, 2025.  Among the capital investments currently planned for the 2026 operating season:
More information on these and other investments will be shared by both Six Flags and the individual parks as details and timetables are formalized. “This is an incredibly exciting time as we lay the foundation for growth for the new Six Flags and focus on what our team does best: make people happy by delivering the best possible experience and value to our guests each and every day,” concluded Zimmerman. ABOUT SIX FLAGS ENTERTAINMENT CORPORATION Six Flags Entertainment Corporation (NYSE: FUN) is North America’s largest regional amusement-resort operator with 27 amusement parks, 15 water parks and nine resort properties across 17 states in the U.S., Canada and Mexico. Focused on its purpose of making people happy, Six Flags provides fun, immersive and memorable experiences to millions of guests every year with world-class coasters, themed rides, thrilling water parks, resorts and a portfolio of beloved intellectual property including Looney Tunes®, DC Comics® and PEANUTS®. FORWARD-LOOKING STATEMENTS Some of the statements contained in this news release (including the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section) that are not historical in nature are forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements as to our expectations, beliefs, goals and strategies regarding the future. Words such as “anticipate,” “believe,” “create,” “expect,” “future,” “guidance,” “intend,” “plan,” “potential,” “seek,” “synergies,” “target,” “will,” “would,” similar expressions, and variations or negatives of these words identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These forward-looking statements may involve current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions that are difficult to predict, may be beyond our control and could cause actual results to differ materially from those described in such statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct, that our growth and operational strategies will achieve the target results. Important risk factors that may cause such a difference and could adversely affect attendance at our parks, our future financial performance, and/or our growth strategies, and could cause actual results to differ materially from our expectations or otherwise to fluctuate or decrease, include, but are not limited to: general economic, political and market conditions; the impacts of pandemics or other public health crises, including the effects of government responses on people and economies; adverse weather conditions; competition for consumer leisure time and spending; unanticipated construction delays; changes in our capital investment plans and projects; anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies for the management, expansion and growth of the Combined Company’s operations; failure to realize the anticipated benefits of the merger, including difficulty in integrating the businesses of legacy Six Flags and legacy Cedar Fair; failure to realize the expected amount and timing of cost savings and operating synergies related to the merger; legislative, regulatory and economic developments and changes in laws, regulations, and policies affecting the Combined Company; acts of terrorism or outbreak of war, hostilities, civil unrest, and other political or security disturbances; and other factors we discuss under the heading “Risk Factors” within Part II, Item 1A of our Quarterly Report on Form 10-Q, in legacy Cedar Fair’s Annual Report on Form 10-K, in legacy Six Flags’ Annual Report on Form 10-K and in the other filings we make from time to time with the SEC. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this document and are based on information currently and reasonably known to us. We do not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the publication of this document. Related Videos
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Six Flags Magic Mountain Update - Viva La Fiesta, Park Improvements, Ride SPeculation - May 23, 20235/23/2023
It's been awhile since our last full park update from Six Flags Magic Mountain. Since there is nothing under construction at the moment, there really hasn't been much to report on. Fortunately, with the plethora of food festivals and other events the park is holding this year, we're able to bring you some pictures of Viva La Fiesta which is going on at the park select days right now. In addition, there are a couple of park improvement projects going on and I've got some speculation on what I think the next attraction at the park is going to be.  Despite all the buses, it was a quite enjoyable visit to the park.   Viva La Fiesta has taken over the park entry area and other areas of the park.   Lots of great photo ops around Six Flags Plaza.   It was a beautiful spring day at the park.  And the park itself is looking fantastic!   More photo ops in Full Throttle Plaza.   I'm assuming a tribute to Latin singers? I apologize, other than Selena I don't know who the others are.  The DJ Booth from Scream Break is still here for Viva La Fiesta.  Moving over to DC Universe really quick, it looks like they still have some work to do on the dome over the DC Store. I had wondered if they finished it and had to go back and fix something, but nope, even our January update it wasn't done.  Over in the Boardwalk, they're still working on same games in the area.   Still hoping that one day they'll open up this area a bit more so you can see the attractions on the other side of the games.  Speaking of attractions on the other side of the games (see what I did there?). Next time you ride Wonder Woman, take a look at where the Tidal Wave turnaround used to be. There is definitely some work being done, or that has been done. There are also a couple of small earth movers over there.  The park definitely needs more than 2 water rides, neither of which were open during my visit. I think the next attraction for the park will be a Mack Powersplash like Aquaman at SFOT and/or a Splash Battle similar to Penguin at SFDK. Yes, there is room for both.  In fact, I'm going to speculate even further than the parks priority will (and should) be water attractions at both SFMM and Hurricane Harbor for the next 2-3 years. But we'll see! We're going to have a video in a few weeks outlining what we think is coming for all SF parks over the next few years. Stay tuned!  Somebody on Twitter mentioned that Justice League has ditched the 3D, I was hoping to ride but it was closed. I wonder if it's closed to switch to 2D?  Over in The Underground, we've got more Viva La Fiesta food and decorations.  I mentioned on Twitter that they should retheme this entire area to Viva La Fiesta and SFMM actually liked the tweet. Hmm. =)  Some of the food available and the prices. Not too bad.    Moving up towards Tatsu, they are planting an entire row of trees heading up the hill. So many trees have needed to be removed from this area the past few years, it's nice that they are bringing some back.  Roaring Rapids is STILL closed, but we've been told the ride is coming back in 2023. Hopefully soon before the hot summer months.  During a coaster event a few weeks back, the question came up about the Sky Tower, which led to some speculation that the park is looking to bring it back. We've asked at least half-a-dozen times over the years and we always get the same answer. No. It's too cost prohibitive. Don't get your hopes up, but if we're wrong we'll admit it. =)  Revolution is currently running 1 train due to refurb, really would love it if they'd add a 3rd train to the fleet so this popular coaster could always run at least 2. Related Videos
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 Earlier in the week we took a much needed day off to head up to Magic Mountain for one of their not busy at all days, and we had an amazing time of course. I think the longest wait we had was about 30 minutes, we'll get into that down below. Of course, we also took a look at the "progress" of CraZanity. Written by Gregg Condon First thing, they are installing shade at the metal detector lines, something that is LONG overdue. Small changes like this may not bring in new guests or look good to the bottom line, but they help guests not get too much sun.  Wonder Woman!!  Let's take a look at the Boardwalk updates  A new "hit the poop into the toilet game". I'll repeat: hit ... the ... poop ... into ... the ... toilet ... game. Are you S**tting me? What is this obsession with poop all of a sudden? Is it a generational thing?  More non-poop  For some reason CraZanity STILL isn't vertical, whereas other parks with much bigger projects are getting ready to debut them. Isn't SFMM the flagship park in the chain? There's no reason this ride should not be open yet.   On the positive side, Tidal Wave is getting some fresh paint.  The roof of the bumper cars looks great  Speaking of poop, allow me to rant here for a second. No, not about paint or about how much I simply don't like Tatsu (don't @ me). It's about the operations on this ride. After 13 years they still can't seem to figure it out. EVERY OTHER RIDE we rode on Wednesday was a walk-on, with only 1 train operations (or in the case of Twisted Colossus, 2 trains). The ops were on their game, doing their job. But for some reason, this ride seems to have the most lackadaisical ride ops, there is no sense of urgency, no desire to try and get trains out in an orderly fashion. Just don't get it. There have been enough complaints about the ops on this ride over the years that management should be well aware of the issues. It's simply unacceptable for one of the flagship rides at the park (whether I like it or not). =)  It had been awhile since we'd checked out the merch in the store ... and we found this.  And this, and a few other designs of this that were REALLY nice. It's nice to see the park not making every piece of merchandise "flashy" or "extreme" and something that people can just wear outside of the park. And the prices aren't bad on these either.  Lastly, another one of those projects that's probably not going to bring in any new guests, but is much appreciated. It's nice to see Lightning Falls get some TLC this offseason.   Alright, that's gonna wrap it up for today, we hope you enjoyed. Be sure to get out to the park during the week before Memorial Day, you'll have the park pretty much to yourself. Ops for the most part are great, and I have to give a shout out to the new burgers by Justice League. The BBQ one was fantastic!! Related Updates:
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