AP - Amusement parks thrown for a loop by the slumping economy over the last few years are starting to rebound, drawing bigger crowds over the past year and spending more money on new attractions and shows this season.
Amusement parks have been a family favorite for years. The roller coasters. The Ferris Wheels. The illegal border crossings. Yes, there's a park based around that theme. There's a huge assortment of bizarre amusement parks around the world.
ByMarshall Hargrave:Six Flags Entertainment (SIX) is a summertime favorite. SIX has 18 amusement parks located across North America. Its properties include various theme parks, thrill parks and waterparks. The company has a solid moat given its high-barriers to entry, and since emerging from bankruptcy the company is being underappreciated.
Vacationers are turning to old-fashioned Ferris wheels and carousels over expensive, high-tech thrill rides. What's the appeal? Free admission.
In the midst of one of the worst recessions in decades, tiny beach-side amusement parks along the California coast are reporting robust business and big crowds while most of the state's big theme parks have seen shrinking revenue.
TripAdvisor just released the winners of its first ever Travelers' Choice Attractions awards. Millions of travelers ranked their favorite landmarks, parks, museums, amusement and water parks around the world.
By Crunching Numbers:Amusement park operator Cedar Fair, LP (FUN) reported fourth quarter and full year earnings earlier this week that were less thrilling than its famous roller coasters. As expected, attendance in the fourth quarter declined from the prior year and prevented the partnership from achieving another record year.