Go Back   ThrillNetwork Boards > Roller Coasters, Rides, and Parks > Parks
Register Blogs FAQ Calendar Mark Forums Read

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 09-22-2009, 12:08 PM
Wooden Poster
 
Join Date: Aug 2008
Location: west kentucky
Age: 40
Posts: 247
Why did Herschend sell their water parks?

I was surprised to find out that Herschned Family Entertainment had built several water parks but ended up selling them except for White Water Branson and Dollywood's Splash Country. I was just reading about Six Flags White Water in Atlanta and came across some info that Herschend had built it and sold it to Six Flags. I am surprised Six Flags didn't call it Hurricane Harbor Atlanta. Just curious if anyone knows why Herschend got out of the water park business, seems that most of them are profitable.
Reply With Quote
  #2  
Old 09-22-2009, 12:29 PM
Jr. Poster
 
Join Date: Nov 2008
Location: Kansas City, MO
Posts: 12
Probably the same reason they closed the Dixie Stampede in Orlando: they were offered a price they couldn't refuse. Premier Parks was building an empire and overpaid for just about every park they bought. Six Flags Inc. eventually owned three former Herschend waterparks: Atlanta, GA, Oklahoma City, OK, and Arlington, TX.

Last edited by Orient Wolf; 09-22-2009 at 05:45 PM.
Reply With Quote
  #3  
Old 09-22-2009, 01:02 PM
Wooden Poster
 
Join Date: Aug 2008
Location: west kentucky
Age: 40
Posts: 247
Quote:
Originally Posted by Orient Wolf View Post
Probably the same reason they closed the Dixie Stampede in Orlando: they were offered a price they couldn't refuse. Premier Parks was building an empire and overpaid for just about every park they bought. Six Flags Inc. now owns three former Herschend waterparks: Atlanta, GA, Oklahoma City, OK, and Arlington, TX.

Now that would make sense. It sure doesn't seem like good business on the buyer's end though! Seems the smaller parks are more fiscally conservative!

Last edited by neil_n_ky; 09-22-2009 at 02:22 PM.
Reply With Quote
  #4  
Old 09-22-2009, 02:08 PM
Ultra Poster
 
Join Date: Sep 2002
Location: Nashua, NH
Age: 30
Posts: 2,611
At the time Hersheled was really centralized. Those parks were not in there bubble. White water and American Adventure(attached separate gate Family park) were huge competitors to SFOG. it's one of the highest attended Water parks in the US. Made sense for Premier to buy it while trying to buy SFI. Hershled likely saw it as a chance to Concentrate on the main parks and expanding them.
__________________
Michael C
Reply With Quote
  #5  
Old 09-22-2009, 06:14 PM
Jr. Poster
 
Join Date: Nov 2008
Location: Kansas City, MO
Posts: 12
Ironically, Herschend's headquarters are now in Atlanta.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 09:36 PM.

© 2001-2009 ThrillNetwork, LLC. All rights reserved.
About Us - Terms of Use - Privacy Policy - Contact Us
Powered by: vBulletin Version 3.8.4 - Copyright © 2000-2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.2