Schlitterbahn owner designs important expenditure in its parks

SAN ANTONIOEditor’s observe: This story was printed as a result of a partnership in between the San Antonio Enterprise Journal and KSAT.

Cedar Truthful Amusement Co., which operates Schlitterbahn waterparks in New Braunfels and Galveston and nearly a dozen more theme parks, designs to devote as a lot as $200 million on its properties for the 2022 period.

It’s a significant investment decision, supplied the Ohio-primarily based company’s most current economic functionality, but an infusion that could attract extra business back to its parks.

Cedar Reasonable CEO Richard Zimmerman said the selection to make the major money investment decision was “based on beneficial the latest tendencies and our renewed self esteem in the restoration of the enterprise.”

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Zimmerman stated the prepared Schlitterbahn enhancements would focus on infrastructure and aesthetics all over the two parks, together with upgraded food venues and sights.

Organization officers strain these advancements will enhance Schlitterbahn’s special character.

Cedar Fair signed a definitive agreement to acquire Schlitterbahn Waterpark and Vacation resort New Braunfels and Schlitterbahn Waterpark Galveston in 2019, agreeing to shell out much more than $260 million for the two houses.

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