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From our studios this week in Houston and Los Angeles.
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This is Green Tag Theme Park and thirty. I'm Philip
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and I'm joined as always by my co host Scott
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Swinson of Scott sentson cret Development. On Green Tag, we
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look at the top news each week and we pick
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what we think is the most important for theme park professionals.
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But of course this.
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Week, there's no way we could get out of talking
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about six Flags.
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It's my sign language for six Flags. Yes, we're gonna
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talk more about our friends at six Flags.
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Yes. So before we.
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Even get into this, I just want to say it's
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sort of like I really wanted to start the show
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by saying, and now let's go back several weeks where
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Philip and I said this was going to happen, because
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you know what we did. We said this was going
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to happen. We've talked about it for several weeks, and
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when it came up, you know that. I know that
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everybody's like, why didn't you talk about this on your show? Well,
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because it happened after we were courded. But my response
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to that now is we did talk about it on
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the show weeks, if not months before it did happen
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so here it is.
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Yeah, we talked about this in January when they were
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trademark filings put out, and we put it in our
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newsletter on January nineteenth that went out on the substack
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that we have about it. But I'm surprising nobody that
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or surprising none of our listeners. Then six Flags is
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selling seven of its parks to EPR Properties for three
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hundred and thirty one million in cash, part of a
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gross transactional value of three hundred and forty two million,
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with the balance contributed by Enchanted Parks and Larnde Operations
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for working capital. So collectively, the parks that they're selling
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entertained approximately four point five million guests for the year
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ending in December thirty first, twenty twenty five. It generated
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about two hundred and sixty million in net revenue and
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approximately forty five million in ad just at Ibita. And
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of course, as we talked about last time with the
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trademark filings, because if you remember, Enchanted Parks had gone
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and they had filed trademarks which mapped across to these parks, right,
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and so really what's happening here is that EPR Properties
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is purchasing the properties and then it's going to be
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managed by Enchanted Parks and Larande Operations. So the parks
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are Valley Fair, World's of Fun, Michigan's Adventure, Schlittlbond Water Park, Galveston,
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six Flags Saint Louis, six Flags Great Escape, and six
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Flags Ron Larron.
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I don't know, Lauran, thank you.
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So yeah, So the short version is the EPR is
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going to be the kind of the holding real estate company,
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and then Enchanted Parks is going to be the management company.
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Of course, I said, we fled this back in January
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because you saw that Enchanted Parks was filing trademarks for
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all of those names. And there's a few interesting nuggets
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here that that well, just very interesting. So first of all,
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the EPR is partnering with Enchanted Parks to operate them,
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except for that that one park, the six Flags Lron,
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which is going to be operated by Larn Operations. And
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get this, so Laurent Operations they're they're aren't gonna be
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running that one. They're a company owned by Kieran Burke.
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So Burke was six Flags as CEO before the company's
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two thousand and nine bankruptcy. So basically it's this weird
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circular thing where the guy who bought the Six Flags
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parks from Warner and built the chain and named it
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six Flags is now through this relationship, going to be
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picking up Laurn, one of the original parks that his
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original the original company created, So it's kind of like
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this weird full circle thing that's going on over there.
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But anyway, I don't know, this is not I think.
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I have comments on that. Number One, First of all,
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don't piss people off in this industry, Because they keep
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their gear, they will come around again. You know. You imagine,
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just imagine someone who said, yeah, I'm so glad he's gone,
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and now all of a sudden he's the big guy again. Surprise. Secondly,
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I think part of the reason for this is Lauren
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is the only part that is not in the United States.
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It's in Montreal. So I think that it makes sense
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that it is going to be operated by a separate company.
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Having looked into very very briefly at one point in
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time registering my company in both the US and in Canada,
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there are a number of hoops you have to jump through,
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and so my guess is it was just simpler and
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more cost effective to have it run by a separate entity. Yep,
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that's a guess. I think that's right.
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I think a lot of people are wondering what this
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is going to do. And right now, six Flags says
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the transition will is not expected to affect the Guess
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experience in any significant way. I mean, except for everybody
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panicking about the regional passes that they just sold. And
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now the people are you know, it's well, I imagine
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they're panicking.
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Maybe they're not.
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But so basically six Flags is going to honor all
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season passes as well as recently announced MultiPark privileges with
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the remaining success properties through the end of this year.
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So what they're saying is nothing is going to change.
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The parks will maintain their regular operating schedules. All the
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seasonal passes sold will continue to be honored through twenty
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twenty six season, including multipart privileges at other six sized locations.
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Admissions will continue to be honored for the full twenty
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twenty six season. The only thing that's unclear is the
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dining plan. There was a weird FAQ portion about the
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dining plan where it's like, what if we have the
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dining planet at this at one of the parks that
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is not that is just sold that They're like, you'll
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get a ten dollars food and beverage credit, and so
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I think that part's got to get figured out when
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the deal closes. It still has it's still u processing
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as the as the at the at the time of
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this recording, and the I don't know the new John Riley,
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He said, consistent with our strategy, this divestiture enables us
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to concentrate our capital, leadership and operational focus on the
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properties that we believe generate the strongest returns and offer
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the greatest long term upside. Since joining the company, I
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have been clear that six Flags is earning power has
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been under realized. This transaction will simplify our portfolio, strengthen
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our balance sheet, and position us to execute with greater
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clarity and discipline, which.
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Is a very professional way of saying what we've been
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saying for the last well since January.
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So they have too much debt and they have these
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underperforming parks, and they I mean, this was so on that.
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Pawn shop is basically what it's happened. You know, somebody
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has run into debt. They're like, oh crap, I'm not
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making any money. I'm not I'm not able to support
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all the all the houses, all the cars, all the
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whatever that I'm trying to pay off. I got to
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sell something and get some money back. I mean, that's
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that's just the It is the most basic answer to
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the most difficult questions in business, and that is when
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you don't have enough money to be profitable, you have
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to find a way to find investment capital. And the
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easiest way to find investment capital usually is to sell
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something off. And again, so since I am in Houston,
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I'm doing some work for my friends at Space Center
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Houston right now. And since I am in Houston, the
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Schlitterbunn Park in Galveston is I've never been to the park,
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but I've been to It's actually part of a larger resort,
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and I've been to that resort. I've seen the park.
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It made the local news here in Houston that it
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was changing hands and they had this I think some
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of the same questions that people around the country are having,
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or around North America, let's include our friends in Montreal
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as well around North America are having because they were like,
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is this going to impact the way that we enjoy
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the park? Because we we love Schlitterbond Galveston. Now what's
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really going to be interesting is there's also a Schlitterbond
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in San Antonio, which is I believe still owned and
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operated by six Flags. So I don't know it will
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be it will be interesting to see that there are
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two Schlitterbond parks that are operated by different organization.
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I don't think they're going to keep the branding.
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I think that the one that I think that's kind
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of what they were alluding to because they said through
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the end of twenty twenty six. I think that and
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all of the Enchanted Parks trademarks filings. I think this
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is part of the larger story too. I'm glad you
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brought this up because I think everyone is rightly so
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very focused on what's going to happen in my past
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is I just bought this regional thing, and you know,
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everyone's concerned about the immediate thing. But if you look
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widen it a little bit, you know Enchanted Parks is
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now coming in to work with this landowner then basically
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to manage all of these so you could see where
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it would become an Enchanted Parks thing, so it'd be
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like instead of shutter bombs. It's like enchanted Parks whatever
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they're gonna call it. And also, you know EPR is
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not new to any of this. Since twenty seventeen, they've
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actually been the landlord on Darien Lake Frontier City and
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four standalone Hurricane Harbor Parks in Oklahoma City, Houston, Houston,
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Hurricane Harbor Phoenix, and Hurricane Harbor in California. So basically
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six Flags has been the tenant since twenty seventeen. They've
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been paying rent to EPR and operating the parks and
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licensing the brand and all that stuff. So you can
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see a further situation where those member because some class
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keep saying that they needed trim assets, right, doesn't that
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make sense as like the next plan. I mean this
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is conjecture. Now, we're in like conjectured territory. But it's
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like it would seem to me that would that would
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make the next logical leap is that you know, EPR
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is buying the real estate eight and the full operational
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assets now, and what they could do then is purchase
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those additional ones so that six Flags is stop pleasing
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them and then give that over again to Enchanted Parks,
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who is already named as management company of these parks
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now to manage those as well. So then it becomes
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almost like, well that's seven, eight, nine, ten, eleven, like
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an eleven park chain randomly and enchanted parks.
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So has here's I guess here's an interesting question. Then
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has six Flags just created a new competitor?
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Yeah, so that is a I think that's what I
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mean when I'm like, I'm not sure people are really
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thinking about the larmentifications yet, And that's exactly it.
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It seems like.
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It to me that yeah, they're they're creating I'm eleven
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parks if they have seven. Now, if they proceed with
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the other ones, which I feel like there's reason to
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believe they would, then that would be because also EPR
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could just.
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I mean, you know, you don't want to be renting.
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It's a bad situation anyway.
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So I think if they got to eleven, that's a
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significant chunk that they have, you know, in the North
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American region, and that could very well could be a
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competing line, especially if they were able to do some
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sort of differentiation strategy, you know, that pulls it out
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of the six Flags, you know, differentiates from six Flags
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maybe with more careful management and that also might explain
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the multiple. So a lot of people were basically people
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are on two camps. Some people say that it's like
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you mentioned earlier about it about them going to a
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pawn job. So basically some people are like, well, they
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got these parks for cheap, you know. And some people
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were like, well, beggars can't be choosers, right, Like who
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like kind of who was what were their options there?
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Basically are is a pawn chob situation, right because at
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three one hundred and thirty one million, that is roughly
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a seven point three multiple. So it I guess it
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depends these were the underperforming properties, right that they've been
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describing over and over again these aurnience calls. So you
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can argue that's excited not a reasonable price for the
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assets that were dragging in portfolio. You could also argue
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that the limited buyer pull meant that they had to
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take what they could get and potentially create a new competitor.
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Yeah, it's it's a I think this is a very
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fascinating scenario that we should keep an eye on over
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the next few years. I mean, this is something that's
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going to play out long term. It's going to be
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interesting to see how it happens, because you know, we
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could discover that EPR is probably not Probably we could
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discover that EPR is a phenomenal operator and knows how
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to turn these parks that were underperforming as part of
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the six Flags group, but maybe the top all stars
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in the EPR portfolio. So it's going to be interesting
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to see how this, how this pans out. I will
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say that, you know, I don't think six Flag said
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another choice, you know, said is this a good business move?
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Is it a bad business move? I think it's the
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only business move because again, as we've as we've reported,
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six Flags has a significant debt. They've been having troubles,
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you know, with their with their EBIDA, with their with
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everything has been sketchy. So they need to get some
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working capital. They need to and whether they use it
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to pay down their debt or whether they use it
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to keep the parks continue to grow and continue to
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grow attendance, I don't know. I don't know what John's
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John Raley's plan is going to be, but it's it
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is something It's not something that should or shouldn't happen.
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It's something that had to happen. Is the way I
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look at it.
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Yep, yep, yeah, it will be interesting.
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So EPR, just to clarify to EPR has a bunch
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of other properties. It's not just these they they have
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a lot of I think they call them like i'm
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or whatever word they use. They have a lot of
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properties that are in the entertainment sector. And then they
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work with different management partners. So I think the question
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is can Enchanted Parks turned around these parks right into something?
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And we know only a little bit about who I
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don't know. I actually I don't know that much about
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the parks stuff.
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I just know that.
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James Hardy is on there. There there's some people in
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this in enchanted Parks who are have been around the
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industry for a while. And then like we mentioned the
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one in Montreal, of course is going back to the
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people who originally you know, but yes, some of the
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people involved here in enchanted Parks would be James Harvey,
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Francine Gonzalez, Lori Franco, Julie Chohan, Katie and Kathy Dunlap.
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And so.
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I don't know, I mean, well, well, and I think
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I think the real if we're going to simplify oversimplify
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this story, I think. You know, we've talked about from
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a six Flag standpoint. I also think we need to
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talk about it from an EPR standpoint. And I and
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I'm I'm just going to use the phrase one man's
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trash is another man's treasure. So underperforming parks for six
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Flags may be the highest performing parks for EPR. I
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don't know that that is complete conjecture, but I think.
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That this is.
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A necessity. And the reason I asked about competitors is
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if EPR is able to or erp AM I saying
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that wrong, EPR, EPR. Okay, that's what I thought. If
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EPR is able to is able to make these run
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efficiently and effectively cost effectively, then they they may use
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they may see this as an opportunity to grow. So
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did they have to take the lowest performing parks of
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six Flags, Yes, But again, how does that How does
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that correlate with their other parks and the rest of
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their portfolio? And I don't know the answer to that,
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but I would assume that they are. They're they're looking
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at it going, oh my gosh, we got these parks. Yeah,
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and six Flags is going, oh, thank god, we got
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rid of these parks because they're underperforming as far as
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our portfolio goes.
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So yep, I don't know.
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We'll see yep.
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Yeah, I will do a little bit more digging on
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the team behind Chan and Parks, maybe put that in
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our newsletter. But from what I can tell you, just
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very briefly, is that they all have some most of
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them have some sort of tie to the attraction space,
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you know, coming from legal land or coming from other areas.
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So it's not like they're completely unknowns, which I think
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many people would argue is probably a good thing. I mean,
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at least now you have a management company who knows
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about know it's about Parks and whether they're able, like
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you said, where they're able to take that you know,
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chicken shit and turn in a chicken salad being under
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a new direction.
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Who knows?
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Who knows? And yeah, like I said, I think this
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will be a very interesting This will be a very
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interesting case study to track over the next few years,
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just to see where it all goes. Because again, part
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of the reason that everybody likes to hear about six Flags,
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and part of the reason that all of our listeners
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we get so many more listeners when it's something is
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about six Flags is because Six Flags they're not always
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the best parks in the world.
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Everyone loves to hate them.
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Well, they either love to hate them, they love to
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love them because they are the local parks that they
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grew up in. I mean the park that started me
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in Theme Park that I didn't start working there, but
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that made me love theme Park is a six Flags
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park now. It wasn't when I was going there, but
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is a six Flags park now, And so there is.
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I don't want to see that park close because it
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holds a very special place in my heart from growing
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up there. So now I'm excited to see what they're
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going to do with this extra extra capital. And it's
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either way, it ain't gonna hurt them, yeah, you know,
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getting out of the parks. It's not going to hurt
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them as a company overall. And now I just see
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how they how they do it.
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That's a good place to end the story. But speaking
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about the capital, they didn't mention that. Actually in their
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press release six legsids they said they mentioned what they
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were going to do with the capital. Six Flags says
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that net proceeds after taxes and transaction expenses are expected
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to be slightly beneficial to the company's leverage ratio slightly
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beneficial because they're going to use it.
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To pay down debt. But they have so much debt,
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it's only slightly beneficial.
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Slightly beneficial. Well, I will tell you if it were,
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if it were my choice, that's what I do with it.
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Oh well, of course, yeah, they have to ida down
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that debt. I would get I would get the company
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so that it it could float for a moment as
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opposed to constantly treading water.
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Yeah, yep.
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But again I'm not I'm not a part owner. So well,
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some other There's been a lot of other news that
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came out this week. I think Scott and I wanted
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to talk about the Disney Cruise line, which had which
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kind of has we've been seeing the new Disney adventure
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we've been seen. Now reporting is coming out about what
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the interior looks like the new San Francocio Street on board,
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plus the other themed areas on here, and I think
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it looks stunning. I mean this the interiors here, the
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just the storytelling, the fabrication, all this kind of stuff,
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and I.
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Think it what it.
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I think the reason we want to talk about this
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is because this seems to continue a trend that we
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have been seeing in the industry about where the theme park
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innovation is actually moving on to cruise ships. And it's
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not just Disney. I mean a lot of a lot
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of the people are building more experiences for people to
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have aboard the ships versus relyance solely on the experiences
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at destinations. They're also in improving destinations, but it's like
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it's more about making the ship a thing.
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It used to be that a private island for a
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cruise ship was a lovely beach and a barbecue, and
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now the private islands for pretty much every cruise ship
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line are either at least water parks and at most
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darn near full fledged theme parks.
379
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Yep.
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So, and this trend is being recognized by IAPPA because
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again they've opened up more and more of the educational
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side as well as they're reaching out to the cruise
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ship the cruise ship industry because they recognize this is
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really part of the attractions industry.
385
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Yep And I.
386
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Think that this has been going on for a while.
387
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There have been, you know, a lot of experiments that
388
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have been done on cruise ships to break the mold
389
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of there's the main stage show, there's the comedy club,
390
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and that's about it when it comes to entertainment. You know,
391
00:21:02.119 --> 00:21:06.039
when when when Carnival started putting roller coasters on their ships,
392
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those were really those are really fun, by the way,
393
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but they started to do more attractions that it became
394
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more and more of a theme park at sea, and
395
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I think that I think the The Disney Adventure is just
396
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the next step in that really cool, that really cool trend.
397
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You know, like like i APPA honors for the for
398
00:21:28.079 --> 00:21:31.839
the Entertainment Awards, you know, one of the one of
399
00:21:31.880 --> 00:21:35.599
the categories the show that won was from a cruise.
400
00:21:35.359 --> 00:21:39.759
Ship, yeah, the Disney Treasure Mohana the Tail of Moana, Yeah,
401
00:21:39.799 --> 00:21:44.559
which was an extraordinary an extraordinary Again, I think that's
402
00:21:44.599 --> 00:21:51.559
exactly right. Yeah, it's uh, the level of entertainment on
403
00:21:52.039 --> 00:21:58.359
these on these shows is just as extraordinary. And I
404
00:21:58.359 --> 00:22:00.839
think it also then it speaks to this theming. I mean,
405
00:22:00.880 --> 00:22:04.039
I was looking at the pictures from Attractions Magazine on
406
00:22:04.079 --> 00:22:06.960
the San Francis Gio streets and just like the detail
407
00:22:07.279 --> 00:22:09.599
in here, it feels like the same as when you're
408
00:22:09.599 --> 00:22:12.319
in the theme parks in terms of just again that
409
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extension of the storytelling. It's the same thing with the
410
00:22:15.079 --> 00:22:20.039
theatrical with the theatrical shows, you know, just I think
411
00:22:20.079 --> 00:22:23.119
it is definitely raising the bar for what to experience
412
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out there. But I don't know that I think we
413
00:22:26.839 --> 00:22:30.079
talked about this quite a lot, though in many ways
414
00:22:30.319 --> 00:22:33.680
it's almost I don't remember we talked about it, or
415
00:22:34.039 --> 00:22:36.960
if somebody an imagineer talked about it. But it's sort
416
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of like the idea that it's almost a perfect microcosm
417
00:22:40.880 --> 00:22:43.799
where you actually can much more control the guest experience
418
00:22:43.880 --> 00:22:46.240
because you can tell you know, you can move them around.
419
00:22:46.279 --> 00:22:51.079
I mean, it's like there's so much issues that we
420
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all know that happen with the theme parks that's open
421
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to all of the seasons, and that you have all
422
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the numbers of guests that fluctuate in all these other
423
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variable and the cruise ships just don't have those variables.
424
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So you actually that you can create a more immersive environment,
425
00:23:08.359 --> 00:23:10.839
especially then with the cast members and you know, seeing
426
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the same people there after. I mean, you really can
427
00:23:12.640 --> 00:23:17.119
sustain a more thematic journey. And I think that's why
428
00:23:17.160 --> 00:23:20.319
we've been seeing this trend also continue well.
429
00:23:20.160 --> 00:23:24.039
And I think that's I think that that Disney recognized
430
00:23:24.079 --> 00:23:26.240
that with Galactic Star Cruiser that's what they were trying
431
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to do with that. The only challenge was it was
432
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because it was forced and forced in an area that
433
00:23:34.359 --> 00:23:38.960
is already very competitive for people's time just on Disney
434
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property alone, that it was a little more difficult. But
435
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in a cruise ship it's significantly less competitive for people's
436
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time because outside the cruise ship, you've got water for
437
00:23:51.039 --> 00:23:53.079
most of the journey, and then you've got ports, of course,
438
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which they can, they can, But I'm just I have
439
00:23:55.640 --> 00:23:59.079
to tell you, I'm just nerding out because I have
440
00:23:59.200 --> 00:24:02.599
wanted to see a San Francoccio.
441
00:24:02.720 --> 00:24:04.920
YEP experience.
442
00:24:07.200 --> 00:24:10.880
Land forever. I thought, I thought graphically when I first
443
00:24:10.920 --> 00:24:13.240
saw the film, I thought it was so cool yep.
444
00:24:13.519 --> 00:24:16.720
And isn't it cool with the restaurants and the streets
445
00:24:16.720 --> 00:24:19.400
and how the kids clubs are built into it. And
446
00:24:19.799 --> 00:24:23.519
there's news stands with newspapers that are in Japanese and
447
00:24:23.559 --> 00:24:26.920
they tell Big Hero six story. There's announcements that you
448
00:24:27.039 --> 00:24:30.079
hear for in the subway station for trains coming in out.
449
00:24:30.119 --> 00:24:33.440
I mean, it's it's a whole immersive hallway. I mean
450
00:24:33.559 --> 00:24:36.319
it's it's like this, this is the cruise ship hallway,
451
00:24:36.359 --> 00:24:39.279
and it's it's meant it's it's done really well. I
452
00:24:39.319 --> 00:24:41.680
think this is exactly what we're talking about.
453
00:24:41.880 --> 00:24:45.000
Yeah, it's it's it's super cool. First of all, it's
454
00:24:45.039 --> 00:24:47.720
a great brand, it's a great ip, it's a and
455
00:24:47.759 --> 00:24:50.200
it's it looks like a really good execution because we
456
00:24:50.240 --> 00:24:52.359
always say, you know, it could be the best ip
457
00:24:52.440 --> 00:24:54.720
in the world. But if it's executed poorly, that's right.
458
00:24:55.720 --> 00:24:58.319
But it clearly it clearly is not or doesn't appear
459
00:24:58.319 --> 00:24:59.519
to be based on what we've seen.
460
00:25:00.160 --> 00:25:04.680
So and of course speaking of execution, so and cruises,
461
00:25:04.960 --> 00:25:07.920
so Real Caribbean is not going to allow smart glasses
462
00:25:08.359 --> 00:25:12.359
in certain areas because of issues with people recording in
463
00:25:12.559 --> 00:25:16.599
areas that should be private. So, according to the updated guidance,
464
00:25:16.599 --> 00:25:20.720
wearable glasses with integrated optical recording from various manufacturers may
465
00:25:20.759 --> 00:25:24.279
not be used in spaces where privacy and security are paramounts,
466
00:25:24.319 --> 00:25:28.920
such as the casino, spa, service areas, restrooms, changing rooms,
467
00:25:29.079 --> 00:25:34.759
medical facilities, security checkpoints, youth facilities during guided tours and
468
00:25:34.880 --> 00:25:37.920
crew areas, or anywhere where the privacy of the guests
469
00:25:37.920 --> 00:25:41.240
and crew is guaranteed. Because I mean, you know that
470
00:25:42.279 --> 00:25:46.119
it happens, and I think this is this is a
471
00:25:46.160 --> 00:25:47.880
funny story. I think it was a funny story. But
472
00:25:48.000 --> 00:25:52.440
to me, I'm actually I'm actually more shocked this isn't
473
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a bigger I know it's becoming a bigger issue, but
474
00:25:57.000 --> 00:25:58.640
it's sort of like I think this is going to
475
00:25:58.640 --> 00:26:02.440
be the next frontier year. Maybe not this year, but coming.
476
00:26:03.200 --> 00:26:07.279
It's it's coming, I think because of how small recording
477
00:26:07.319 --> 00:26:10.240
devices are getting and how it's just.
478
00:26:10.839 --> 00:26:15.200
Been have been. I mean, there are recording devices that
479
00:26:15.640 --> 00:26:18.240
you know, I had a I had a wearable camera
480
00:26:18.359 --> 00:26:22.960
that was that big and and had and the camera
481
00:26:23.000 --> 00:26:26.200
itself had the company that made it had things you
482
00:26:26.200 --> 00:26:27.839
could put on the front of it so it looked
483
00:26:27.880 --> 00:26:31.519
like a pin or a badge or whatever. This is
484
00:26:32.079 --> 00:26:33.960
to me, this is like welcome to the wonderful world
485
00:26:34.000 --> 00:26:36.799
of duh. But I think the reason that.
486
00:26:37.759 --> 00:26:41.200
You know, it's like you say that, but and I
487
00:26:41.240 --> 00:26:42.880
agree with you. I agree with the sentiment of the way,
488
00:26:43.079 --> 00:26:45.200
welcome to the world of duh. But you know, I
489
00:26:45.279 --> 00:26:51.200
really haven't seen much other policies from attractions that are
490
00:26:51.240 --> 00:26:54.799
addressing this sort of you know you basically like just
491
00:26:54.839 --> 00:26:57.119
like just like at our gym, like technically speaking, at
492
00:26:57.160 --> 00:26:59.640
my gym, I go to La fitness. Technically speaking, you're
493
00:26:59.640 --> 00:27:03.400
not allowed to record in the changing rooms, like because
494
00:27:03.400 --> 00:27:07.279
it's a changing room and you shouldn't be recording in there. Yeah,
495
00:27:07.319 --> 00:27:10.440
welcome to du You also shouldn't be recording on the
496
00:27:10.839 --> 00:27:13.240
gym floor when other people are in your shot. And
497
00:27:13.319 --> 00:27:17.279
yet happened to me today And every time I would say,
498
00:27:17.319 --> 00:27:19.440
you know, maybe fifteen twenty percent of the time you
499
00:27:19.440 --> 00:27:22.240
go to the changing room, somebody is recording themselves posing
500
00:27:22.359 --> 00:27:25.000
in there and people could be caught in the background.
501
00:27:25.319 --> 00:27:28.160
And so I'm so, I mean, you say, welcome to
502
00:27:28.160 --> 00:27:30.759
the world to dub, but then I'm concerned or I
503
00:27:30.839 --> 00:27:33.160
just I find it interesting that nobody is really like
504
00:27:34.119 --> 00:27:38.480
enforcing these policies and maybe it takes a cruise ship
505
00:27:38.559 --> 00:27:40.000
to do it well.
506
00:27:40.039 --> 00:27:41.960
And part of it too, though, is it kind of
507
00:27:41.960 --> 00:27:44.359
tying into or piggybacking off of what we were saying
508
00:27:44.400 --> 00:27:47.720
about cruise ships and creating those those microcosm environments or
509
00:27:47.720 --> 00:27:50.200
those controlled environments. On a cruise ship, it is more
510
00:27:50.200 --> 00:27:52.599
of a controlled environment. It's not like they can say
511
00:27:52.599 --> 00:27:54.400
screw you and run out of the gym and run51200:27:54.440 --> 00:27:57.640
away and escape here. You do that and you drown,51300:27:58.000 --> 00:28:01.720
So you know, the uh What are the challenge I51400:28:01.799 --> 00:28:07.519
see with with the glasses is first of all, first51500:28:07.519 --> 00:28:11.480
of all, how often are people going to actually recognize them? Yep,51600:28:11.839 --> 00:28:16.359
because I just I just ordered new glasses and the51700:28:16.519 --> 00:28:19.599
ray band smart glasses. They're the same as the same51800:28:19.640 --> 00:28:22.480
for same frames, or they certainly look like the same frames.51900:28:23.359 --> 00:28:25.759
I'm sure there are easy ways to recognize them that52000:28:25.759 --> 00:28:28.400
that they are smart glasses, but I couldn't see it.52100:28:28.839 --> 00:28:31.680
And secondly, what are you going to tell somebody who's52200:28:31.680 --> 00:28:34.400
wearing glasses, I'm sorry, you can't come in here because52300:28:34.400 --> 00:28:38.200
those are smart glasses. Well, I'm not recording, so I52400:28:38.279 --> 00:28:40.359
think I think what they have to focus on is52500:28:41.440 --> 00:28:44.839
the recording and focus no pun intended, but they have52600:28:44.880 --> 00:28:48.880
to focus on the no recording aspect. So it's not52700:28:49.000 --> 00:28:51.640
just smart glasses, it's you can't record on your phone,52800:28:51.799 --> 00:28:55.000
you can't record on on small body cams, you can't52900:28:55.039 --> 00:28:57.279
record on your on your smart glasses, you can't record53000:28:57.279 --> 00:29:01.200
on anything. And find any ways to crack down on that.53100:29:02.559 --> 00:29:02.960
I agree.53200:29:03.559 --> 00:29:07.160
I agree one hundred percent. And actually that's the biggest53300:29:07.440 --> 00:29:09.200
thing I saw. I mean, I was happy that somebody53400:29:09.240 --> 00:29:11.279
was talking about it, but then when you kind of53500:29:11.279 --> 00:29:13.240
read more about how they're going to enforce it. They're53600:29:13.279 --> 00:29:16.839
basically like the kind of it's giving pandemic vibes where53700:29:16.880 --> 00:29:18.920
they were like, well, it's going to be up a53800:29:18.920 --> 00:29:23.079
security team to monitor people who might be recording, And53900:29:23.119 --> 00:29:27.359
you're like, so, what sort of tools or training are54000:29:27.359 --> 00:29:29.480
you going to give them so they know how to54100:29:29.680 --> 00:29:33.839
recognize when something is being recorded and versus just being54200:29:33.880 --> 00:29:36.599
regular glasses or whatever. And then also, how are you54300:29:36.640 --> 00:29:39.359
going to train them to de escalate or like what54400:29:39.440 --> 00:29:42.960
is the how are we going to address this?54500:29:43.440 --> 00:29:45.839
You know? And then what do we do with the recording?54600:29:45.920 --> 00:29:47.240
Or yeah, I don't know. And then.54700:29:48.599 --> 00:29:52.160
Because I think that's exactly why it still happens at54800:29:52.160 --> 00:29:55.920
my gym is because you know that the staff knows,54900:29:56.359 --> 00:29:59.640
and I think they just don't know how to deal55000:29:59.640 --> 00:30:01.400
with it or they just like don't want to so55100:30:01.440 --> 00:30:02.200
they just ignore it.55200:30:03.279 --> 00:30:06.119
Yeah, it's well, once again, it's and we've talked about55300:30:06.119 --> 00:30:11.480
this concept before where these ideas, these mandates, these rules55400:30:11.839 --> 00:30:15.720
are put into place by upper management, but they don't55500:30:15.720 --> 00:30:18.240
take into consideration you have to train the frontline person55600:30:18.519 --> 00:30:20.200
how to handle it and how to make it happen.55700:30:20.599 --> 00:30:22.559
So maybe we'll talk about that in a future show55800:30:22.599 --> 00:30:25.599
because we are out of time right now, so on55900:30:25.680 --> 00:30:28.240
behalf of Phili Bernandez with Gantam Lighting and Control, and56000:30:28.279 --> 00:30:31.599
myself Scott Swinson from Scott Swinson Creative Development. I will56100:30:31.839 --> 00:30:35.000
lift a cup of spinach espresso to you and say56200:30:35.000 --> 00:30:37.319
thank you very much, and we will see you next56300:30:37.319 --> 00:30:40.359
week here on Green Tag Theme Park in thirty
