ALLENTOWN, Pa. – Six Flags Entertainment Corporation is currently sitting on $5.5 billion in debt.
“That’s a consolidation of the debt that Six Flags had and that Cedar Fair had when they merged,” said Dennis Speigel, owner and founder of International Theme Park Services Inc.
Spiegel’s company is a consulting firm that works with parks across the world.
A recent report from Six Flags shows in the second quarter of 2025, parks were down about 1.4 million in attendance compared to the year prior, with season pass purchases also on the decline.
Six Flags merged with Cedar Fair in July of 2024. Speigel says several factors played a role in these numbers.
“Weather, tariffs, the general economy, the turndown, people concerned about the price of food at the grocery stores,” said Speigel.
In a news release on the company’s website, Six Flags CEO Richard Zimmerman says the start of the 2025 season fell short, but once weather improved in July, so did park attendance and performance.
Spiegel says from what he sees, the company needs to make some changes.
“With this kind of debt load and the kind of season they’ve had thus far in 2025, they’re gonna have to make major major adjustments to their entire organization, which is all 42 plus parks,” he said.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.wfmz.com ’
