Is Schlitterbahn part of Cedar Fair?

In case you haven't heard, Schlitterbahn New Braunfels and Schlitterbahn Galveston are now owned and operated by Cedar Fair Entertainment Company (NYSE: FUN), a publicly traded partnership and one of the largest regional amusement-resort operators in the world.

Is Schlitterbahn a Cedar park?

Schlitterbahn is an American brand of water parks and resorts owned by Cedar Fair.

When did Cedar Fair buy Schlitterbahn?

On June 13, 2019, it was announced that Cedar Fair had signed a $261 million deal with Schlitterbahn Waterparks and Resorts to buy their Galveston and New Braunfels locations, with the option to buy Schlitterbahn Kansas City for an additional $6 million, and the rights to the Schlitterbahn name.

Who bought Schlitterbahn?

Cedar Fair signed a definitive agreement to acquire Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston in 2019, agreeing to pay more than $260 million for the two properties.

Who owns Schlitterbahn in Galveston?

Austin, TX, June 28, 2019 — Cedar Fair Entertainment Company, an Ohio-based amusement and waterpark owner, purchased the Schlitterbahn parks at New Braunfels and Galveston for $261 million, along with the option to additionally purchase the park at Kansas City for $6 million.

Cedar Point's parent company Cedar Fair buys iconic Schlitterbahn water parks

Does the Henry family still own Schlitterbahn?

While the New Braunfels and Galveston properties are changing hands, members of the Henry family will retain ownership of the Schlitterbahn water park on South Padre Island. That park eventually will be rebranded. The Corpus Christi water park will remain under the Diamond Beach corporate umbrella.

Is Schlitterbahn closing in Texas?

CORPUS CHRISTI, Texas — Many people might recall a lot of relaxing and fun memories at Schlitterbahn and the Waves Resort, but that's all they'll be for now- just memories. The water park and resort was demolished Wednesday after they weren't bringing in revenue.

Why did Schlitterbahn close?

Schlitterbahn Water Park to Permanently Close Ride After 10-Year-Old Boy's Death - ABC News.

Is SeaWorld buying Schlitterbahn?

Said SeaWorld in a statement: “We confirm that our offer to acquire Cedar Fair was rejected. Unfortunately, we do not see a path to a transaction.” For now, it's business as usual for Schlitterbahn, which is ramping up for its April 15 opening and looking to hire more than 2,000 workers for its New Braunfels park.

What happened to Schlitterbahn New Braunfels?

Schlitterbahn said in a news release it sold a water park and resort in New Braunfels, Texas, and another property in Galveston, Texas, to Cedar Fair Entertainment Co. in a $261 million deal. Sandusky, Ohio-based Cedar Fair also will have the right to buy Schlitterbahn's Kansas water park for $6 million in cash.

Does Disney own Cedar Fair?

Cedar Fair is an amusement park ownership company based out of Sandusky, Ohio.

Is Schlitterbahn the largest water park?

Size. Schlitterbahn New Braunfels is the 'World's Best and Biggest Waterpark', holding 4 parks in one. It has been voted the #1 Waterpark in the World for 22 years now, holding 51 attractions scattered over 70 acres.

Who owns Schlitterbahn Corpus Christi?

Diamond Beach Holdings LLC owns the property, which was purchased from Schlitterbahn in 2018 due to bankruptcy. The new owners injected more than $15 million into the mixed-use park at that time, adding special event space and enhancing the entertainment facilities.

What does Schlitterbahn mean in German?

The name “Schlitterbahn” roughly translates to “slippery road” in German and has become synonymous with summertime fun in Texas. There are several other words within the parks that are German-inspired.

Did Schlitterbahn South Padre closed?

'The waterpark was never successful': Waves Resort demolished on Padre Island. Before it was Waves Resort, it was Schlitterbahn Corpus Christi. Now, it's being torn down.

How many Schlitterbahn's are there in Texas?

With four locations across the state of Texas, Schlitterbahn is easily Texas' most prolific and beloved waterpark.

Does Cedar Fair own Busch Gardens?

— Cedar Fair, the owner of Kings Dominion in central Virginia and several other amusement parks across North America, has received a takeover bid by SeaWorld Entertainment, Inc. worth a reported $3.4 billion. SeaWorld Entertainment owns and operates several theme parks of its own, including Busch Gardens Williamsburg.

Is Michigan Adventure owned by Cedar Point?

Cedar Fair Entertainment Co., which owns multiple amusement parks including Michigan Adventure in Muskegon and Cedar Point in Sandusky, Ohio, has announced its 2021 upgrades of new rides, celebrations, and themed culinary events. Overall, Cedar Fair owns and operates 13 properties.

What is replacing Schlitterbahn in Kansas City?

Multi-sport development, Margaritaville proposed to be built at former Schlitterbahn site. KANSAS CITY, Mo. — Developers detailed a new sports-focused project Tuesday that is proposed to be built at the former Schlitterbahn Waterpark site in Kansas City, Kansas.

Is Schlitterbahn Open in 2021?

The hottest, coolest time in Texas will be back in action on Saturday, May 8. Schlitterbahn Water Park and Resort in New Braunfels is reopening for the 2021 season, which runs until September 6, 2021. The water park did open for a shortened 2020 summer season with COVID-19 protocols in place.

Who bought Schlitterbahn in Kansas City Kansas?

Since Caleb Schwab's death, Kansas has adopted a permitting system for amusement park rides. Affiliates of Schlitterbahn paid nearly $20 million to the Schwab family in 2017 to resolve potential lawsuits, according to a story in the Kansas City Star.

What is the biggest water park in Texas?

And the largest water park in Texas happens to be Schlitterbahn Galveston. Located in the Houston area, this is one of the most visited water parks in the state.

Was Schlitterbahn sold?

(NYSE: FUN), the companies announced June 13. Cedar Fair signed a definitive agreement to purchase Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston from the longtime owners, the Henry family, for $261 million.

How deep is the water at Schlitterbahn?

Gentle swells, a rolling surf, and a maximum depth of four feet mean most of the family can enjoy The Beach Family Wave Pool. For little ones, there's even a Shipwreck Slide at the shallow end of the pool.