Earlier quoted context omitted.
Dolly's amusement parks company Herschend took over operations of Kentucky Kingdom and it has been very interesting watching the care being put into that park, especially with comparison to when it was managed by Six Flags. Kentucky Kingdom is not yet "Dollywood North" by any stretch of imagination, but you can see enough of the care and emphasis on friendliness that you can kind of see the expected trajectory at thi…
That's great to hear. With Six Flags being such a polar opposite to the kind of care Dollywood represents, especially. I'm still sad that Cedar Fair sold out to Six Flags, because they had at least a modestly better reputation. Six Flags in my opinion has long been run in a fashion that makes private equity proud: Reduce cap-ex to the minimum level, minimize cleaning, maintenance, staffing, etc. while extracting ever…
It's hard not to worry about the Cedar Fair parks under that sort of management having seen it at its worst first hand once already. Kings Island has a big place in my heart and I saw the Six Flags takeover with some grimacing from the viewpoint of a tiny, tiny shareholder in Cedar Fair.
But also yeah, trying to come back from the CapEx problems Kentucky Kingdom was saddled with by Six Flags is a part of where I have a lot of respect for what Herschend has been doing at the park. It's slow, but steady improvement so far, with a CapEx plan that doesn't seem that aggressive, but also takes into account how much was needed and most importantly seems to be planning for the long term again (versus Six Flags' short-term mentality).