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Finance: Gas prices may help parks

Posted at 5:44 PM EDT (2144 GMT)

May. 26th, 2004 -- According to a recent report in the Christian Science Monitor, some economic analysts believe that high gas prices in the past have meant more business for local, regional, and destination amusement parks as happened in the 90s. This may mean that we will see our favorite parks packed this summer, but it could also mean big returns in ride installments later.

The past few years have seen many drop-offs in attendance (which we have reported here). Parks have answered these drop-offs mainly by cleaning up the park facilities in general and also installing more family attractions.

"Amusement parks have finally realized that if they make a coaster that is just higher, faster, and turns everyone upside down, they immediately eliminate a significant chunk of possible parkgoers who are too afraid to use it," says Paul Ruben, editor of Park World. "This year we are seeing more hybrids that combine creativity and entertainment."

The article also includes information about park safety and new measures in place to keep patrons from having to carry cash, and is located at MSN.

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Comments
bk2004

Joined: Oct 2003
Posts: 7743

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Hey, I have never thought of this. It does make sense too. Thanks Jill Anne! :-)

5/26/2004 6:19 PM
Phil

Joined: Jun 2002
Posts: 9268

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I don't neccesarily believe this. I think the gas prices will hurt the amusement parks, because not many people live close to a park, they are usually 30 minutes or more away. Those trips take a lot of gas.

5/26/2004 6:37 PM
G-Farce

Joined: Dec 2002
Posts: 882

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No...it means less people will be driving to Florida Parks and staying closer to home....places 2 hours away, not a whole day away. 2 hours away and back for most people is like 20 bucks in gas...no big deal. The 15+ hours from the northern states to Florida on the other hand...that's a big deal.

Side note: yet another Paul Ruben quote in a news story.

5/26/2004 9:22 PM
Magnum Robert

Joined: Sep 2003
Posts: 3196

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Paul Ruben is God.

I know I won't be going on any long-distance trips this year. I'll just stick to the Ohio parks and maybe Holiday World.

5/27/2004 6:15 PM
m-force 4 ever

Joined: Aug 2003
Posts: 460

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Wow that is really interesting

8/18/2004 1:43 AM


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