Amidst a challenging economic landscape, Six Flags Entertainment Corporation announced plans to divest from several underperforming amusement parks. Following a net loss exceeding $1.2 billion in 2025, the company is selling seven properties across North America to EPR Properties for $342 million. This decision aligns with Six Flags’ strategy to concentrate on parks with greater potential for innovation and guest experiences.
The parks included in this sale are La Ronde in Montreal, Michigan’s Adventure in Grand Rapids, Six Flags St. Louis, Schlitterbahn Waterpark in Galveston, Six Flags Great Escape in New York, Worlds of Fun in Kansas City, and Valleyfair in Minneapolis. La Ronde, a notable attraction since its opening for the 1967 World’s Fair, was acquired by Six Flags in 2001. These parks collectively cover over 1,600 acres and are visited by approximately 4.5 million guests each year.
According to Six Flags CEO John Reilly, this divestiture will allow the company to focus its resources on parks that offer stronger returns and enhanced visitor experiences. EPR Properties CEO Gregory K. Silvers referred to the acquired parks as stable assets with significant land value, projecting long-term cash flow potential.
Following the transition, the parks will be managed by Enchanted Parks in the United States and La Ronde Operations in Canada. The sale does not affect existing season pass holders; passes will be honored through the 2026 operating season, including access to the newly managed parks.
Why this story matters
- The sale reflects broader trends affecting the amusement park industry, particularly smaller operators amid economic uncertainty.
Key takeaway
- Six Flags is restructuring by selling underperforming assets to enhance focus on more profitable parks.
Opposing viewpoint
- Critics argue that such closures and sales may reduce access to regional entertainment options for local families and communities.