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Finance: Investments down at parks this season

Posted at 2:09 PM EDT (1809 GMT)

May. 11th, 2004 -- Due to a decline in the amusement park industry over the past few years, capital expenditures are lower than normal. Only $500 million was spent on improvements across the country, compared to as much a $800 million in past years.

Instead of building innovative or major thrill rides, amusement parks are focused more on internal improvements like restaurants, restrooms, hotels and other amenities.

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Comments
coasterphil

Joined: Jun 2002
Posts: 9268

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Thats a good thing. More parks are focusing on keeping their guests happier, instead of just putting up a new ride.

5/11/2004 6:04 PM
bgwfreak

Joined: Sep 2001
Posts: 11378

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I don't think this is a bad thing either. I think 2005 will be a big coaster year, because the economy will have had time to pick up even more by then.

I think 2004 will be a good year for the industry, and will trigger more coasters/rides being built.

5/12/2004 3:39 PM
Magnum Robert

Joined: Sep 2003
Posts: 3196

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Good. There's more to an amusement park than just coasters/rides.

Image is everything---and fixing up restrooms, hotels, etc...is very important.

5/13/2004 1:09 PM
iluvcoasters

Joined: Jan 2004
Posts: 322

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I am glad about, this, although I would like this to be a great season for amusement parks so next year we can get some great coasters.

5/13/2004 6:13 PM


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