^ I'll repost my previous post looking at park attendance figures year-over-year. There is enough data to show a correlation of increase park attendance the same year as new rides, but park attendance in some cases increases at a greater rate during years without a new attraction. Therefore, it is difficult to prove causality of new rides and park attendance.
In the United States, the biggest factor on park attendance has been the economy. We experience the Great Recession in 2008, which caused a major slump in major amusement park attendance figures in 2009.
In the United States, the biggest factor on park attendance has been the economy. We experience the Great Recession in 2008, which caused a major slump in major amusement park attendance figures in 2009.
Hyde244 said:Rather than rely on anecdotal perspectives of individuals (though lot's of great input has been voiced), I would encourage us to look at theme park attendance numbers to see if it is possible to discern possible correlations and causations.
Linked below are attendance figures from 2007 to 2012, published by the Themed Entertainment Association:
http://www.teaconnect.org/sites/default ... report.pdf
http://www.org.id.tue.nl/ifip-tc14/docu ... s-2008.pdf
http://www.org.id.tue.nl/ifip-tc14/docu ... s-2009.pdf
http://www.aecom.com/deployedfiles/Inte ... 0Index.pdf
http://www.aecom.com/deployedfiles/Inte ... 202011.pdf
http://www.aecom.com/deployedfiles/Inte ... online.pdf
For this analysis, I will use North American parks.
1: How much of an effect on attendance do you think new attractions have?
It depends. That is, it is difficult to pick out large gains in attendance that would be solely due to the addition of a new attraction. Yet there is evidence to suggest new rides lead to increases in attendance, especially with the addition of new .
Let's look at some individual parks as examples:
- Cedar Point added Maverick in 2007, and saw a 1.5% increase in attendance. Cedar Point however saw a 2.5% increase in attendance in 2008, when no new rides were added to the park.
- Hersheypark saw a 6.5% increase in attendance in 2012 with the addition of Skyrush. This was a larger gain in attendance than in 2011 (2%) or 2010 (3%).
- Canada's Wonderland saw a 5% increase in 2012 with the addition of Leviathan. This was larger than the 3% increase the previous year in 2011.
2: Which sort of new attractions do you think help to raise theme park attendance? For example B&M Wing riders.
Large park expansions. California's Great Adventure saw a 22.6% increase in attendance in 2012, the same year that Cars Land opened. Islands of Adventure saw a 30.6% increase in attendance following the addition of the Wizarding World of Harry Potter.
3: How important do you think location is in correlation to theme park attendance?
It is pretty important. The largest amusement parks in the U.S. (Universal, Disney, SeaWorld) saw a drop in attendance during the Great Recession (2008-2009), in part because of their location. Families in the Midwest/East who lost jobs or income during the recession would have cancelled their expensive travel plans. Cedar Point actually came forward in 2009 and said they saw a boost during the recession from families looking for a cheaper vacation that was closer to home.
Overall, the biggest factor for park attendance has not been new rides, but economic activity. In 2007, 14 of the nation's top 20 amusement parks saw an increase in attendance. once the Great Recession hit in the U.S. half way through 2008, 8 of these same amusement parks saw increases. In 2009, only 7 saw an increase in attendance. 2010 marked the end of the recession and beginning of the recovery, which saw an uptick of 14 parks with increased attendance.
It is important to bear in mind that amusement parks are businesses, which are in turn vulnerable to changes in the market and economy. They can build new rides and perform good marketing to improve their performance, but are most affected by external economic factors that are out of their control. The best thing an amusement park can do is maximize profits during good economic times, and ensure average park goers can still see affordability/economic benefit when markets are down.