Six Flags has no plans to close any other parks following its decision to shut Six Flags America and Hurricane Harbor at the end of this season.
Last week, Six Flags Entertainment Corporation announced it would close the parks in Bowie, Maryland after the 2025 operating season.
The property, which covers around 500 acres, will be marketed for redevelopment and is closing as part of Six Flags’ ongoing review of its portfolio.
In an earnings call to discuss Six Flags’ results for the 2025 first quarter ended 30 March, president and CEO Richard Zimmerman spoke about the company’s plans.
The decision to close Six Flags America and Hurricane Harbor “was a difficult but necessary one”, said Zimmerman.
The move “aligns with our broader priorities to simplify our operations, reduce portfolio risk and focus resources on high-margin, high-growth parks”, he said.
The sale process could take “12 to 18 months or more to complete”, he added.
Six Flags “will continue to evaluate all options”
“As it relates to future divestiture of assets, we don’t have any plans to close any additional parks at this time,” Zimmerman said.
“We will continue to evaluate all options and consider other potential transactions to enhance shareholder value.”
Six Flags still plans to invest around $1 billion in its parks over the next two years, he said.
Following last year’s merger with Cedar Fair, Six Flags Entertainment Corporation is North America’s largest amusement park operator.
As for the combined company’s financial results for Q1, net revenues were $202 million, while net loss was $220m. Adjusted EBITDA loss for the quarter was $171m.
Total attendance was 2.8 million guests at the company’s network of seven theme parks, 15 water parks and nine resort properties across 17 states in the US, Canada and Mexico.
Images courtesy of Six Flags
