Six Flags announced yesterday that their 1st quarter revenue for 2007 were up 20% despite having 10% less operational days than 2006.
Revenue from continuing operations for the quarter improved 20% to $50.7 million compared to $42.1 million in the prior-year period. The increase was driven by a 13% increase in total revenue per capita and a 6% increase in attendance, compared to the prior year.
Of course, this is not counting in the operations from 8 parks that were sold or closed in the last year including parks in Buffalo, New York; Columbus, Ohio; Concord, California; Denver, Colorado; Houston, Texas; Oklahoma City, Oklahoma; Sacramento, California; and Seattle, Washington. These parks were failing anyway, and not counting them in attendance figures could only boost the percentages.
Why they factored in Astroworld's (Houston) attendance for 2006 is a mystery since the park closed in September of 2005.
The chain also announced on their Q1 conference call that the "Metro" attraction at Six Flags Magic Mountain will be operational by the end of the year. They also announced that a Wiggles World or Thomas Town themed area would not be coming to the Valencia, CA park.
The question is why? Isn't this what this park in particular needs to be more family friendly?