Cedar Fair expecting attendance, income dip

May 15, 2009

The Toledo Blade

SANDUSKY - With Cedar Point ready to open for the season tomorrow, the chief executive of the amusement park's parent company warned stock owners yesterday that the season could be more Demon Drop than rocket ride.

Park attendance and revenues likely will fall this year at Cedar Fair LP, Richard Kinzel told 125 people who attended the firm's annual shareholders meeting at the Sandusky State Theatre. Besides Cedar Point, Cedar Fair operates 10 amusement parks and six water parks in the United States and Canada.

Already, some struggling firms have canceled company picnics scheduled for Cedar Fair's flagship park in Sandusky.

Read the complete story at The Toledo Blade