NewsPlusNotes Terms of Use
NewsPlusNotes is not affiliated with nor do we purport to represent
the views, interests, intentions, or policies of any park, corporation,
or entity. The opinions expressed herein are solely those of the
individual writers. While we strive to achieve 100% accuracy in our
news reporting, errors inevitably will occur from time to time and we
make no guarantees that the facts presented in any given post will
remain unchanged over time. For complete, up-to-the-minute information
on any park, please visit that park's web site or contact the park directly.
All original content found on NewsPlusNotes, including but not limited to
all original written content, the NewsPlusNotes logo and all other static
graphic and web design elements comprising the site, and all photos from
NewsPlusNotes writers' personal collections, is the exclusive property of
the NewsPlusNotes team and may not be used, reproduced, or distributed in
any manner without the express written consent of the individual author/creator.
All non-original content found on NewsPlusNotes, including but not limited
to park logos, press releases, and photo contributions received from parks,
corporations, and individual readers, remains the property of the original
author/creator and may be subject to additional copyright, trademark, and/or
intellectual property protection. The lack of an explicit copyright notice
does not imply ownership by NewsPlusNotes or any of its writers unless the
content in question has been produced by one of our team members as described
in the paragraph above. NewsPlusNotes occasionally features guest writers,
and these individuals retain ownership of all original written and/or graphic
content that they publish on NewsPlusNotes. By contributing written or graphic
material to NewsPlusNotes, you are implying that you are the owner of this
material or are submitting it with the express consent of the owner. If you
feel that we've made an error or omission in attributing proper credit to a
particular piece of content found on NewsPlusNotes, please contact us and we
will gladly investigate the matter and make any necessary corrections.
CLOSE
A-B InBev is still planning on selling the Busch Entertainment theme parks as part of their plan to reduce debt at the newly formed mega brewing company.
3 comments:
I wonder if it would be in Six Flags's best interests to divest less profitable parks as they did with Astroworld-- and use that money to purchase Busch Gardens in Tampa. I'm sure the year round operation of the park, coupled with their Halloween themed event, would work out to be worth losing some smaller parks (SFA?) to make it possible. Unfortunately, the housing market makes land values very low relative to what they were worth only a few years ago, meaning that it would take either the sale of many parks, or some financial miracles for SF to gain the capital to buy the park. For that reason, I think the best shot of SF acquiring the park is an alliance with a venture capitalist, so that the park would be "Operated by Six Flags" and not outright owned by Six Flags.
Astroworld was #7 in the chain of 38 when it was closed. It wasn't that the park was not profitable, it was a sideways attempt at reducing debt by selling the seemingly high profile real estate the park occupied.
The land sits unoccupied today, almost 4 years later.
Mmmm, remember how HFEC nearly picked up 5 of the SF properties a couple of years ago? I don't think this would be out of their reach entirely...
Post a Comment