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ITPS Amusement INdustry News
January 30, 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
Don't Sell Disney I don't get it. Dramatically slashing his price target from $36 to $26, Citi analyst Jason Bazinet downgraded shares of Disney (NYSE: DIS) to "sell" this morning, His reasons for concern are the ones you'd expect. "As energy costs remain stubbornly high, the housing market falters, and equity values pull back, we think it's only natural for consumer spending to slow," Bazinet writes.
Disney fires back after warning from analyst over prospects for 2008 The company addresses concerns about the financial prospects of theme parks and resorts for the year. A stock analyst's concerns about Walt Disney Co.'s theme-park prospects in 2008 and a "sell" recommendation for Disney stock prompted the company's chief financial officer to respond Tuesday, defending the performance of the company's parks-and-resorts business.
Mall of America's Nickelodeon park to open in March Nickelodeon Universe, the rebranded indoor amusement park at the Mall of America, will officially open March 15. Construction is underway on several new Nickelodeon-themed rides that will be added to the seven-acre theme park, formerly known as Camp Snoopy.
Theme park rides to be demolished Bulldozers have moved in to demolish the remaining rides at a derelict Derbyshire theme park. The county council said some of the attractions such as the Runaway Mine Train at the American Adventure near Shipley posed a health and safety risk.
New Amusement: Six Flags Launches Media Network SIX FLAGS THEME PARKS IS launching an ambitious new place-based media operation, Six Flags Media Networks, offering advertisers an array of channels for reaching theme park visitors. There are nine "Six Flags" media channels in all: Television, Radio, Print, Outdoor, Outdoor Spectacular, Attraction Integration, Experiential Marketing, and Online. The theme park company boasts that these complementary channels will allow advertisers to surround consumers with ad messages.
The Eye to come down in a blink Australia SLOWLY a whopping 350 tonnes of steel will come down at Sea World over the next 10 days. Yesterday, work began on dismantling The Eye. The majority of work will be conducted during the next eight to 10 nights.
Kings Island Entertainer Auditions February 16-17 Calling All Performers! - Park looking for singers, dancers, musicians, characters and more for 2008 season KINGS ISLAND, Ohio – Kings Island will host auditions in search of experienced contemporary country singers and trained, talented and versatile dancers, characters, character cohorts, musicians, technicians and costumers for the 2008 entertainment season at the park.
Hard Rock Park is seeking employees Hard Rock Park is holding auditions and a job fair this weekend. Auditions will be on Saturday, Feb. 2 from 12 p.m. to 8 p.m. and on Sunday, Feb. 3 from 10 a.m. to 4 p.m. at Coastal Carolina University’s Edwards Arts & Humanities Building.
Do amusement parks ride roughshod over safety? India CHENNAI: It might be a thrilling feeling to come hurtling down a roller-coaster ride at 100 km an hour or ride the waves on a jet-ski at breakneck speed, but what makes amusement park rides so exhilarating also makes them so dangerous.
Waterpark News
SANDWICH: Water park finally gets green light Though they missed their goal of a Christmas opening, developers of the Waves of Fun indoor water park are ready to break ground.
Aquarium/Zoo News
Aquarium Staff Girds For Shark Encounter Tricky transfer on tap at Mohegan Sun's former OdySea store This morning, employees from the Mystic Aquarium and Institute for Exploration will descend into a tank in the closed OdySea store at the Mohegan Sun Casino and wrestle three black-tip sharks into slings so they can be transported to the aquarium.
No crime found in tiger case CASE REMAINS OPEN, BUT POLICE SUSPEND INVESTIGATION INTO MAULING AT S.F. ZOO Thirty-five days after declaring the San Francisco Zoo a crime scene, police on Tuesday suspended their investigation of the Christmas Day tiger mauling that left a 17-year-old San Jose resident dead and two friends injured.
SEE AMAZONIA NOW ON WWW.MESKERPARKZOO.COM Evansville, IN – Excitement is high as the June opening of AMAZONIA quickly approaches at Mesker Park Zoo & Botanic Garden. However, you don’t have to wait until June to see the inside of this spectacular South American rainforest.
PHOENIX ZOO DEBUTS MOUNTAIN LION CUBS The Phoenix Zoo is pleased to announce the addition of two five month-old female mountain lion cubs to their animal family. The cubs were brought to the Zoo by South Dakota Wildlife Division of Game, Fish and Parks after the cubs were found orphaned in the Black Hills of South Dakota.
Making the Zoo a Greener Place Cleveland Metroparks Zoo announces 2008 “Green Resolutions” Cleveland Metroparks Zoo is committing itself to becoming more environmentally friendly than ever before. In announcing the Zoo’s 2008 “Green Resolutions” today, Zoo Director Steve Taylor said he is calling on his entire staff to do even more to recycle, save energy and protect the environment.
FEC/LBE/Museum News
Ripley's Believe It or Not! to Open in London's Iconic Trocadero Ripley's Believe It or Not! has found a new home in London and will be opening a unique exhibition of the weird and wonderful in August 2008! America's famous exhibition of the odd and the bizarre, Ripley's Believe It or Not!®, today announced tenancy of London's iconic Trocadero with the doors of a new Ripley's Believe It or Not! Museum due to open in August 2008.
Other News
“Holiday Express” steam locomotives still looking for a home “The Southern Pacific 4449, and other working steam engines here, don’t have a permanent home,” stated Jonathan Kromer, Director of the Holiday Express program for the Oregon Rail Heritage Foundation (ORHF). “The Holiday Express is the primary fundraising activity of the ORHF to further its mission.”
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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.