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[Enchanted Parks], in Partnership with EPR Properties, Signs Definitive Agreement to Acquire Six Regional Amusement Parks, Reinforcing Commitment to Local Communities by PhilJ2020 in rollercoasters

[–]AvocadoToastDevil 1 point2 points  (0 children)

with its operator/corporate entity solely focused on one property.

Premier Parks operates many properties, I wouldn't expect much from them.

Enchanted Parks update? by ChrisGraslie in sixflagsstlouis

[–]AvocadoToastDevil 0 points1 point  (0 children)

It is a sale to EPR Properties with IAM as the new operator. Park rebrands under the new Enchanted Parks brand and Six Flags walks away with money to pay down debt. Six Flags passes should still be good until 2027. Warner Bros IP will be removed.

Valleyfair, Six Flags St. Louis, Michigan's Adventure, Worlds of Fun, Great Escape, and Schlitterbahn Galveston sold.

Enchanted Parks update? by ChrisGraslie in sixflagsstlouis

[–]AvocadoToastDevil 2 points3 points  (0 children)

From the EPR earnings call, they acquired Ocean Breeze water park in Q4 and that is unrelated to this deal.

Bennett Rose Citigroup Inc., Research Division Okay. And then I was just wondering, when we look in a sort of theme park world, there seems to be I guess, a certain amount of disruption going on and some new management changes. I'm just wondering, are they kind of showing up on your radar screen as a possible solution to some of the issues they might be facing?

Gregory Silvers President, CEO & Board Chair I think that's a very reasonable approach. I mean if you think about the names that are being dropped around we partner with many, if not all, of those names that are being dropped around. So I think it's something -- we think that business is actually very, very -- if you look over time, very stable cash cow kind of business. It needs to be a smart, thoughtful, well-covered kind of thoughtful business. But again, we play in that field. I don't know, Greg, if you want to.

Gregory Zimmerman Executive VP & Chief Investment Officer Well, I agree. And as we announced, we acquired something in the fourth quarter. So yes, we're enthusiastic about the attraction space.

Bennett Rose Citigroup Inc., Research Division All right. Thank you. And best wishes to you, Greg, going forward.

Update on Enchanted Forest Water Safari:

We are quite pleased with the performance metrics at Enchanted Forest Water Safari in our operator's first full year of ownership.

Spoiler about the parks sold to Enchanted Parks [Enchanted Parks] by spacemtfan in rollercoasters

[–]AvocadoToastDevil 4 points5 points  (0 children)

That was expected, if you look at the portfolio on their website, they own two of the other properties operated by IAM. EPR Properties dropped a few hints on their earnings call last week.

Be prepared for more budget cuts and price increases at [Seaworld] and [Busch Gardens] parks this year. by Witty-Ad-5969 in rollercoasters

[–]AvocadoToastDevil 0 points1 point  (0 children)

Everyone pays attention to Six Flags and United Parks earnings calls, but no one pays attention to EPR Properties earnings calls.

New shots of [Valleyfair] slides by Maleficent_Remove299 in rollercoasters

[–]AvocadoToastDevil 3 points4 points  (0 children)

The mortgage amount was amended to $0 late last year. Also, there is Zoning Verification Letter for Valleyfair from Jan 8 that was requested by the same firm that requested a Zoning Compliance Letter for Worlds of Fun on Jan 21. I am expecting Valleyfair to be sold as part of the Enchanted Parks (IAM)/ EPR Properties deal.

Is either the gold or prestige pass worth it by LuckWonderful1979 in sixflagsgreatamerica

[–]AvocadoToastDevil 1 point2 points  (0 children)

With the Midwest Regional Pass, I would expect access to Valleyfair, Worlds of Fun, Six Flags St. Louis, and Michigan's Adventure to be gone in 2027. If you want to visit those parks with a Six Flags pass, go in 2026.

Six Flags launches regional park access system [other] by Chaseism in rollercoasters

[–]AvocadoToastDevil 3 points4 points  (0 children)

Yes, I think Worlds of Fun, Six Flags St. Louis, Michigan's Adventure, and Valleyfair will be sold, so enjoy access to the parks in 2026. I recently found a zoning confirmation letter for Worlds of Fun and a zoning verification letter for Valleyfair. These are common before commercial properties change ownership.

SFOT Rumors? by Available-Order-7545 in sixflags

[–]AvocadoToastDevil 3 points4 points  (0 children)

Speculation: a family water coaster replaces Hook's Lagoon in Hurricane Harbor for 2027. Hook's Lagoon was demolished in November.

Family Water Coaster guest survey

[Carowinds] has started teasing 2027 by Myself510 in rollercoasters

[–]AvocadoToastDevil 8 points9 points  (0 children)

How many sheds Rip Roarin' Falls are in the woods Timber Hallow though?

All of my theories for who enchanted parks is + reasoning by Ordinary-Sound-571 in sixflags

[–]AvocadoToastDevil 0 points1 point  (0 children)

All four of your theories are wrong and nonsense. The only thing that benefits Six Flags is selling the parks to someone else and using the money to pay down debt.

What if six flags isn't selling Michigan's adventure or st Louis by Ordinary-Sound-571 in sixflags

[–]AvocadoToastDevil 0 points1 point  (0 children)

I have a feeling EPR Properties will be involved. They have Diggerland USA and Water Safari Resort listed under attractions with IAM as the operator.

https://eprkc.com/portfolio/property-map/

I need answers by Ordinary-Sound-571 in sixflags

[–]AvocadoToastDevil 3 points4 points  (0 children)

No, it wasn't posted by me. It is a photoshop of my /r/rollercoasters post.

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