Cedar Truthful Pronounces Thrilling Capital Plans for 2023 Working Season

SANDUSKY, Ohio–()–Cedar Truthful Leisure Firm (NYSE: FUN), a pacesetter in regional amusement parks, water parks and immersive leisure, right now unveiled thrilling plans for the 2023 working season throughout a number of properties within the U.S. and Canada. These embody new themed areas at Carowinds in North Carolina and Cedar Level in Ohio, a number of main upgrades at Knott’s Berry Farm in southern California, and 50th anniversary celebrations at Worlds of Enjoyable in Missouri and Carowinds. As well as, a number of parks can be introducing a brand new era of visitors to some iconic rides and points of interest from the previous – such because the Wild Mouse at Cedar Level and Zambezi Zinger at Worlds of Enjoyable — which have been reimagined and recast for right now’s thrill seekers. There can be loads of scrumptious new meals and beverage choices throughout the board, and park occasion calendars can be chock stuffed with seasonal festivals and particular celebrations that provide one thing enjoyable for everybody within the household all through 2023.

“The investments we can be making in 2023 throughout our park footprint are targeted squarely on what issues most – making folks comfortable and offering our visitors with a best-day expertise on each go to,” mentioned Cedar Truthful President and CEO Richard A. Zimmerman. “Visitor satisfaction scores at our parks this season have been amongst our highest ever, validating that the investments we’ve made to enhance the visitor expertise are paying off. Our capital plans for 2023 are geared toward taking these experiences to a brand new stage, whether or not you’re a diehard coaster fan, a foodie with a style for one thing distinctive, or a pageant lover who enjoys nice stay leisure.”

Zimmerman mentioned Cedar Truthful’s capital investments for 2023 would be the largest ever at roughly $200 million. Among the many highlighted plans and developments for subsequent season:

  • Canada’s Wonderland is inviting visitors to buckle in for extra thrilling adventures in 2023 with the addition of Tundra Tornado, an enormous looping journey with rotating gondola arms that may have visitors spinning, twisting and twirling 360-degrees, upside-down, at dizzying heights and speeds. This mechanical marvel is the one attraction of its type on the planet and guarantees a singular thrill expertise not like every other. Additionally debuting subsequent 12 months is Snoopy’s Racing Railway which would be the park’s 18th curler coaster and can take visitors on a wild railway journey in Planet Snoopy. This family-launch coaster accelerates from zero to 50 km/h (31 mph) in a matter of seconds earlier than zipping via dips and turns as your prepare narrowly avoids the traps set by Woodstock and his Dangerous Seed Gang.
  • Carowinds will rejoice its 50th anniversary by unveiling its fourth rethemed space since 2017. On the middle of the anniversary celebration can be Aeronautica Touchdown, the place visitors can immerse themselves in a land the place the Carolinas’ spirit of aviation invention and exploration are celebrated. Building is now underneath manner within the Crossroads areas of the park, which can be fully renovated and renamed as Aeronautica Touchdown, full with the introduction of 5 new themed points of interest opening in 2023. As well as, Aeronautica Touchdown will boast two new and one upgraded eating venues.
  • At Cedar Level, the joy and nostalgia of the park’s traditional lakeside expertise can be celebrated in an entire new manner in 2023 when the park opens The Boardwalk, a brand new themed space simply steps away from the Lake Erie shoreline that made Cedar Level well-known. The Boardwalk is a contemporary interpretation of the Cedar Level of yesteryear. New journey, eating and leisure experiences for all the household will spherical out the enhancements coming to the previous Lakeside Halfway. Cedar Level’s legacy of curler coaster thrills continues with the addition of the Wild Mouse curler coaster. A nod to the park’s authentic Wild Mouse coaster, the trendy model will present a journey expertise the unique couldn’t – its vehicles will spin 360 levels as they navigate the journey’s 1,312 ft of brilliant orange monitor. Cedar Level’s Grand Pavilion, serving because the all-new anchor to The Boardwalk, commemorates the park’s authentic Grand Pavilion leisure house, which made its debut again in 1888.
  • Knott’s Berry Farm and the Knott’s Berry Farm Lodge have main adjustments coming in 2023. Contained in the park, Fiesta Village can be fully revitalized to additional rejoice all of the Hispanic cultural influences current in Southern California. The revealing of the brand new Fiesta Village features a reimagined Montezooma’s Revenge. The historic coaster can be renamed MonteZOOMa: The Forbidden Fortress, with an immersive storyline and new shock thrills for its riders. And subsequent door to the park, each side of the Knott’s Berry Farm Lodge can be reworked, from widespread areas such because the foyer and the pool space to convention rooms and a brand new outside banquet venue designed to raise the expertise for each company and leisure teams alike.
  • When Worlds of Enjoyable opens its gates for the 2023 season, visitors can be handled to an thrilling fiftieth Anniversary celebration that not solely appears again on 5 many years of enjoyable, but additionally launches all new experiences to take pleasure in for years to return. Among the many new enjoyable for visitors in 2023 is a reimagined Zambezi Zinger, an exhilarating new coaster within the coronary heart of the African Serengeti that may convey again reminiscences of the unique Zinger whereas providing a completely new expertise constructed on a hybrid construction of galvanized metal and wooden. The unique Zinger was one of many park’s hottest rides – and certainly one of three coasters – when Worlds of Enjoyable opened in 1973. The brand new Zinger is certain to please a brand new era of visitors whereas offering a nod to the previous. A season-long celebration of reminiscences and journey, full of recent experiences and leisure that inform the tales of the park’s first 50 years. The hallmark occasion can be “50 Nights of Fireplace,” an incredible spectacle that may make you need to social gathering continuous. The night stage present will characteristic a number of the best prime 40 hits from 1973-2023, together with a finale crammed with pyrotechnics that may kick up the warmth and go away visitors craving for extra.
  • California’s Nice America will embody an expanded lineup of occasions, stay exhibits, new points of interest, thrilling rides, kid-sized enjoyable and waterpark adventures in 2023. The PEANUTS Gang comes out to play in a giant manner with a PEANUTS Celebration, a limited-time, particular occasion the place Charlie Brown, Snoopy and the gang take over all the park. Park visitors also can benefit from the just lately expanded and upgraded All-American Corners space. It contains The Nook Notes musical track and dance present, expanded meals choices and two traditional rides. Liberty Twirler is a brand-new spin on a traditional halfway journey that has been thrilling visitors for many years. Lengthy-time visitors of Nice America will immediately acknowledge Orbit, which spins again into motion as a part of the expanded space. And Nice America can be open for weekends all 12 months lengthy starting in January.

Along with new rides and points of interest, Cedar Truthful will proceed to improve and increase meals and beverage services throughout its portfolio in 2023, with a deal with offering signature menu and beverage gadgets that faucet into customers’ cravings for distinctive flavors and experiences they’ll’t discover anyplace else. These capital investments additionally can be geared toward bettering the capabilities, applied sciences and efficiencies of the parks’ meals preparation and supply methods.

Additionally on faucet for 2023 is a full lineup of seasonal occasions. The wildly in style Grand Carnivale celebration will return to a half-dozen parks subsequent summer season, together with Carowinds, Dorney Park, Kings Dominion, Kings Island and Worlds of Enjoyable. Carnivale at Orleans Place will return to California’s Nice America, whereas the Frontier Competition can be again at Cedar Level. Within the fall, 10 parks will provide Halloween-themed particular occasions akin to Methods and Treats or Halloween Hang-out which might be positive to enchantment to these searching for some frightful household enjoyable or a great scare. And as temperatures drop, WinterFest will return to Carowinds, California’s Nice America, Kings Dominion, Canada’s Wonderland and Kings Island. This one-of-a-kind vacation spectacular is crammed with thousands and thousands of lights, enchanting themed areas, stay vacation leisure, candy and savory treats, and a wide range of further actions for all the household.

“Every season we introduce a full slate of immersive rides and points of interest, limited-time particular occasions, and modern meals and beverage packages,” Zimmerman mentioned. “It’s clear from Cedar Truthful’s monetary outcomes that shopper demand stays wholesome and that visitors are responding properly to the standard and breadth of the leisure expertise we provide. With 2023 season passes now on sale, we sit up for elevating the bar even greater as we proceed delivering on our dedication to make folks comfortable.”

For extra details about 2023 season passes, please go to www.cedarfair.com and click on in your favourite park property.

About Cedar Truthful

Cedar Truthful Leisure Firm (NYSE: FUN), one of many largest regional amusement-resort operators on the planet, is a publicly traded partnership headquartered in Sandusky, Ohio. Centered on its mission to make folks comfortable by offering enjoyable, immersive, and memorable experiences, the Firm owns and operates 13 properties, consisting of 11 amusement parks, 4 individually gated outside water parks, and resort lodging totaling greater than 2,300 rooms and greater than 600 luxurious RV websites. Cedar Truthful’s parks are positioned in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.

Ahead-Trying Statements

A few of the statements contained on this information launch that aren’t historic in nature represent “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Change Act of 1934, together with statements as to the Firm’s expectations, beliefs, objectives, and methods concerning the long run. These forward-looking statements could contain dangers and uncertainties which might be troublesome to foretell, could also be past our management and will trigger precise outcomes to vary materially from these described in such statements. Though the Firm believes that the expectations mirrored in such forward-looking statements are cheap, it can provide no assurance that such expectations will show to be appropriate, together with the timing of any debt paydown or fee of partnership distributions, or that the Firm’s progress methods will obtain the focused outcomes. Necessary components, together with the impacts of the COVID-19 pandemic, basic financial situations, hostile climate situations, competitors for shopper leisure time and spending, unanticipated development delays, adjustments within the Firm’s capital funding plans and tasks and different components mentioned on occasion by the Firm in its stories filed with the Securities and Change Fee (the “SEC”) might have an effect on attendance on the Firm’s parks, in addition to the timing of any debt paydown or fee of partnership distributions, and the Firm’s progress methods, and trigger precise outcomes to vary materially from the Firm’s expectations or in any other case to fluctuate or lower. Further info on danger components that will have an effect on the enterprise and monetary outcomes of the Firm may be discovered within the Firm’s Annual Report on Kind 10-Okay and within the filings of the Firm made on occasion with the SEC. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not a results of new info, future occasions, info, circumstances or in any other case that come up after the publication of this doc.

This information launch and prior releases can be found underneath the Information tab at http://ir.cedarfair.com.


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