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Six Flags lost 26 million visitors in 2020, with theme park attendances worldwide slashed as a result of the global pandemic
Tom Anstey | Planet Attractions | 24 Feb 2021
Attendance is unsurprisingly down at all of Six Flags’ parks Credit: Zachariah Aussi on Unsplash
Six Flags lost nearly four fifths of its total audience in 2020, with a 79% visitor decline caused by the effects of COVID-19 last year.
Total attendance for the year was 6.8 million visitors, down by 26 million from 32.8 million total guests in 2019.
As such, revenue was down by US$1.13bn to US$357m. This resulted in a net loss of US$423m for the year and an adjusted EBITDA loss of US$231m.
As a result of the pandemic, suspension of park operations began in March 2020, limiting attendance at any parks that were open.
Six Flags resumed operations at many of its parks on a staggered basis near the end of second quarter 2020 with limited attendance and social distancing measures in place.
In the fourth quarter of 2020, four parks provided drive-through or walk-through only experiences for the holiday season, and the company’s parks in Mexico were open for only a portion of the quarter.
“I am extremely proud of the way our team members responded in a challenging year. They found innovative ways to safely operate our parks and entertain millions of guests in the face of the pandemic,” said Mike Spanos, president and CEO of Six Flags. “Our focus is to open all of our parks for the 2021 season and be prepared to satisfy the pent-up demand we anticipate for outdoor entertainment close to home.”
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