Cedar Fair Entertainment Company

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Cedar Fair Entertainment Company
Type Public (NYSE: FUN)
Founded 1983
Headquarters Sandusky, Ohio, United States
Key people Richard L. Kinzel,
Chairman & CEO
Jacob T. Falfas, COO
Industry Entertainment & Theme Parks
Revenue $986.973 million (net) USD (2007)
Operating income ▲$154.571 million USD (2007)
Employees 1,300 (2005) (excluding seasonal)
Website www.cedarfair.com

Cedar Fair Entertainment Company, legally known as Cedar Fair, L.P.,(NYSE: FUN) is a publicly-traded company based in Sandusky, Ohio, USA at its Cedar Point theme park that owns and operates amusement parks in North America. Cedar Fair owns and operates 12 major amusement parks: 11 in the United States and 1 in Canada. They also manage the unique attraction, Star Trek: The Experience, in Las Vegas, Nevada, along with a small theme park Gilroy Gardens. Previously, Cedar Fair operated Camp Snoopy at the Mall of America.

Readers of Amusement Today, a trade newspaper which ranks amusement parks and roller coasters, continually ranks Cedar Fair parks highly. Cedar Fair's flagship park Cedar Point has been voted The Best Amusement Park In The World for 10 consecutive years.[1] Based on stock value, Cedar Fair is the most successful amusement park chain behind Disney.

Contents

[edit] Properties

[edit] Theme parks

[edit] Water parks

The following parks are included in the admission price of the listed amusement park:

The following parks are either standalone properties or require separate admission:

[edit] Lodging and campgrounds

  • Hotel Breakers (Cedar Point)
  • Breakers Express (Cedar Point)
  • Sandcastle Suites Hotel (Cedar Point)
  • Camper Village (Cedar Point)
  • Lighthouse Point (Cedar Point)
  • Castaway Bay Indoor Waterpark Resort (Cedar Point)
  • Knott’s Berry Farm Resort Hotel (Knott's Berry Farm)
  • Worlds of Fun Village (Worlds of Fun)
  • Carowinds Camp Wilderness Resort (Carowinds)

[edit] Other

[edit] Former

[edit] History

Cedar Fair was formed in 1975 as an operating partnership between Cedar Point and the then one-year-old Valleyfair. Cedar Fair's name is constructed from the names of its first two parks. In recent years, Cedar Fair has expanded the number of parks it owns. Worlds of Fun was purchased in 1995. Knott's Berry Farm was purchased in 1997. Michigan's Adventure was purchased in 2001. Cedar Fair purchased Geauga Lake for $145 million in 2004.[2] Cedar Fair announced the purchase of Paramount Parks for $1.24 billion on May 22, 2006.[3] On September 21, 2007, Cedar Fair announced the closing of Geauga Lake, due to falling attendance. The property will operate solely as a water park for the 2008 season.[4]

In 2007, Cedar Fair was the seventh largest amusement park operator in the world by attendance with 22.1 million guests. Cedar Fair operates 4 amusement parks that attract over 3 million visitors a year: Knott's Berry Farm, Kings Island, Canada's Wonderland, and the company's flagship park, Cedar Point.[5] Cedar Fair parks have earned 15 major Golden Ticket Awards for roller coasters and amusement park operation.[6]

[edit] See also

[edit] References

  1. ^ "2007 Golden Ticket Awards", Amusement Today, 2007. Retrieved on 2007-12-20. 
  2. ^ Potter, Derek. "Cedar Fair Buys Six Flags World of Adventure", Theme Park Insider, 2004-03-10. Retrieved on 2007-12-20. 
  3. ^ "Cedar Fair to Acquire Paramount Parks", The Point Online, 2006-05-22. Retrieved on 2007-12-20. 
  4. ^ "Cedar Fair Announces New Direction For Geauga Lake", The Point Online, 2007-09-21. Retrieved on 2007-12-20. 
  5. ^ "Theme Park Attendance Report 2007", Park World, 2007. Retrieved on 2007-12-20. 
  6. ^ "Golden Tickets 2007", Amusement Today, 2007. Retrieved on 2007-12-20. 

[edit] External links

[edit] Cedar Fair park sites

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Cedar Fair
Theme Parks
Waterparks
Attractions
Former
Revenue: ▲$831.4 million USD (2006) · Employees: 1,300  · Stock Symbol: NYSE: FUN · Website: www.cedarfair.com
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