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ITPS Amusement INdustry News
January 29, 2008
No where else can you find more news covering the amusement and leisure industry! When news hits, you can be certain that will deliver it to you.
ITPS has proudly served the leisure industry since 1983. Visit http://www.interthemepark.com for more information.
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Check our our blog for news updates that happen after the news is sent. We will post afternoon updates if there is anything of excitement. We'll also provide insight and commentary on the news.
Amusement/Theme Park News
Six Flags considers selling more parks, eying big budget cuts The financial roller coaster ride for Fiesta Texas' parent company Six Flags Inc. has taken another dramatic turn. Amid speculation from some industry observers that the deeply indebted Six Flags could be headed for bankruptcy, company executives have filed with the U.S. Securities and Exchange Commission a plan that calls for huge spending cuts and the possible sale of more parks.
Disney shares cut to sell by Citigroup on theme park weakness NEW YORK (Thomson Financial) - With the prospect of slowing consumer spending in 2008, traffic at Walt Disney Co.''s theme parks may weaken, a trend that could take several quarters to reverse, Citigroup analysts said in downgrading Disney shares to sell Tuesday.
Epcot's Spaceship Earth to reopen Spaceship Earth, one of the best known attractions at Walt Disney World's Epcot theme park near Orlando, will officially resume operations in February, Disney said in a statement issued Monday.
Chamber gets Lake Compounce update SOUTHINGTON - A
room full of adults doesn't normally spend a busy morning talking about
amusement parks, unless the topic is Lake Compounce and you're a member of
the Greater Southington Chamber of Commerce.
Holiday World to Begin Auditions Holiday World this month will begin holding auditions for its 2008 cast of entertainers. Auditions will be held in Oakland City, Bloomington, Muncie, Santa Claus and Evansville, as well as locations in Pennsylvania and Kentucky. The park plans to offer at least four shows this year.
Scooby Doo Wants YOU!! CINCINNATI, Ohio -- Are you in the market for a pretty cool summer job with some great perks? Is your dream to work with Scooby Doo and Spongebob Squarepants?
VC tunnel complex now a Vietnam war theme park CU CHI, Vietnam (AFP) — If war is like hell, the fighters of Vietnam's Cu Chi tunnels were several metres (feet) closer to it than most. For years, Viet Cong guerrillas lived in a network of tunnels three storeys deep, a labyrinth that spanned over 300 kilometres (186 miles), connecting villages in virtual underground cities in this district north of Saigon.
Knott’s Berry Farm Hosts Civil War Encampment BUENA PARK, Calif.--(BUSINESS WIRE)--This Presidents Day Weekend Knott’s Berry Farm will offer visitors the opportunity to step back in time as they become the site of a Civil War Encampment, “School of the Soldier,” Saturday, February 16 and Sunday, February 17.
Resorts World at Sentosa As Asia’s definitive family holiday destination – one that combines a colourful tapestry of attractions, accommodations, performances and gaming, Resorts World at Sentosa will change the family holiday experience forever. Set on Singapore’s tropical island resort of Sentosa at a cost of S$6 billion, Resorts World at Sentosa, developed by Genting International, will put Singapore on the world map as a leading leisure destination.
Family Fun Amusement Park, Family Kingdom, In Myrtle Beach, S.C. Launches New Web Site 01-29-2008 Myrtle Beach, S.C. — Family Kingdom Amusement Park has launched its new Web site at www.family-kingdom.com. More colorful and user-friendly, the site has been updated with current information for the 2008 season. Visitors can view the park calendar, group sales information and receive exclusive reward coupons for signing up at the site.
An industry unregulated and unchecked U.S. and Europe have strict system of certification and periodic inspections by government authorities Absence of enforcing agencies and safety inspections In India Parks required to follow strict height-restrictions in operation of rides
Waterpark News
Wilderness Hotel & Golf Resort unveils waterpark renovations The Wilderness Hotel & Golf Resort in Wisconsin Dells, recently completed renovations to Klondike Kavern, one of the resort’s indoor waterparks. Klondike Kavern’s Gold Mine Mountain was removed and in its place the resort has built Bonanza Bluff, a new play structure that includes 50 play and spray features on 12 different platforms, a 750-gallon tipping bucket, a 14 foot body slide and a 4-foot side-by-side children’s slide.
Aquarium/Zoo News
$1 Million gift names aquarium exhibit PENSACOLA - The University of West Florida has announced that the Lamar, Switzer and Reilly families have donated $1 million to name the Ocean Aquarium Exhibit at the Vice Admiral John H. Fetterman State of Florida Maritime Museum and Research Center. The aquarium will be named the Charles W. Lamar Sr. Ocean Aquarium.
Zoo's stance on climate woes sparks a backlash One thing has emerged about Anne Baker's style as the Toledo Zoo's executive director: She'll stand up for animals, even at the risk of enduring backlash from those who want to turn climate change into a political issue.
FEC/LBE/Museum News
Brawl breaks out at Chuck E Cheese in Flint Township FLINT TOWNSHIP -- Police still aren't sure exactly what sparked a brawl among 80 people Saturday night at Chuck E Cheese, 3489 Miller Road. The first call came in at 8:53 p.m. concerning a fight among three teenage girls at the pizza parlor. A Genesee County Sheriff's paramedic and state troopers quickly got the fight under control, and canceled other officers headed that way to back them up.
Other News
Landry's boss makes bid to buy chain in $1.3 billion deal HOUSTON — Landry's Restaurants boss Tilman Fertitta has proposed a $1.3 billion deal to take the national restaurant, hotel and casino company private. Fertitta already owns 39 percent of the company he runs as chairman, president and chief executive. He wants to buy the rest at $23.50 a share.
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To send attraction and facility press releases, e-mail Shawn at the address below.
Contact:
Shawn M. Haas
Vice President of Retail, Operations and Information Technology
International Theme Park Services, Inc
2195 Victory Parkway
Cincinnati, OH 45206
513-381-6131 Phone
513-381-2756 Fax
http://www.interthemepark.com
shawnhaas@interthemepark.com
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ITPS Services
ITPS provides a full spectrum of services to all types of attractions no matter the size, small to large.
Below are some of the services that ITPS' experienced team of experts can provide:
- Acquisitions / Mergers / Property Valuation / Due Diligence
- Feasibility Analysis
- Facility Audits
- Concept/Design / Masterplanning
- Business Plans
- Planning/Development
- Project Management / Construction
- Financial Development
- Maintenance Programs
- Executive Search
- Marketing / Group Sales / Sponsorship
- Executive/Employee Training / Manual Development
- Loss Prevention / Safety/Security Programs
- Entertainment Programs
- Long-Range Planning
-
Operational Planning
Attractions Development - Ride Bid/Negotiation / Ride Procurement
- General Management
Call 513-381-6131 for more information on how ITPS can assist your facility!
25 Years...
Through the good, the bad and the ugly, International Theme Park Services, Inc. (“ITPS”) continues to provide the industry with its skilled services internationally.
ITPS celebrates its 25th year in 2008 and has served over 450 projects in over 40 countries! Considered a leader in the industry by the many companies who have used ITPS’ services, ITPS is still growing and offering its knowledge and experience to every continent. Dennis Speigel, President of ITPS, is a past president of the IAAPA and remains active on their Board of Directors. He is called upon by people throughout the industry to advise and recommend on projects. A leader today and for the future, ITPS is there when you need assistance.
Feasibility, design, pre-opening planning, business audits, on-site training and management…ITPS is still leading the industry into the future.
Leisure Capital Resources
International Theme Park Services provides merger, acquisition, financial, and strategic advisory services to public and private entertainment companies that wish to acquire or sell a business, raise equity capital, raise or restructure debt, or sell real estate.
Contact: Dennis Speigel at 513-381-6131 or Howard Kahn at affiliated Leisure Capital Resources in New York at 516-621-5183.