Subjects
Fiesta Texas; San Antonio (Tex.); Amusement parks; Business planning; Market research; Economic forecasting; Tourism
Description
In early June, 1995, Fiesta Texas management met with Harrison Price of the Harrison Price Company (HPC) and Dennis Spiegel of International Theme Park Services (ITPS) to discuss redevelopment and strategic options with the aim of identifying and defining problems facing the organization. Out of that meeting the writing of a preliminary summary strategic business plan was authorized. It would attempt to express where the park was in its marketplace, and what might be done to improve its economic performance. Management requested that three alternative options be addressed and evaluated in the course of the work: 1. reducing costs (expenses plus cost of goods sold) from $53 million to approximately $40 million 2. infusing new capital additions 3. operating as is with modest capital additions. The objective of that short form business strategy was to identify and evaluate the following forces and conditions influencing the performance of the park: 1. the market outlook 2. capacity and balance within the park 3. generated per capita expenditures 4. departmental and overall profitability 5. strengths and weaknesses of the park 6. the market niche of the offered product. As a final step, at the conclusion of the operational and economic review, a five-year strategy is presented which represents the best option or options for ownership. Projected economic results of that strategy are presented over the five-year period 1995-2000.
Contributors
International Theme Park Services
Publisher
Harrison Price Company
Client
Fiesta Texas Theme Park
Date Original
7-17-1995
Document Type
Report
Identifier
260; DP0013273
Language
English
Rights
Copyright: University of Central Florida Special Collections. Permission to publish must be obtained from Special Collections in writing. Contact (407) 823-2576 or online at http://library.ucf.edu/about/departments/special-collections-university-archives/
Number of Pages
50 pages
Keywords
Fiesta Texas; San Antonio (Tex.); Appraisals and valuations; Commercial attractions; Theme parks and attraction parks; Economic analysis; Market research
Place
San Antonio (Tex.)
Type
document
Digital Reproduction Specialists
Electronically reproduced by the Digital Services unit of the University of Central Florida Libraries, Orlando, 2005.
Is Referenced By
http://purl.flvc.org/UCF/EAD/CFM2003-12h (University of Central Florida Special Collections Harrison "Buzz" Price Papers finding aid); https://ucf-flvc.primo.exlibrisgroup.com/permalink/01FALSC_UCF/6a1ouu/alma990332062850306596 (University of Central Florida Libraries Online Catalog)
College
Information Technologies & Resources
Unit
University Libraries
Recommended Citation
Harrison Price Company and International Theme Park Services, "Strategic Plan for Fiesta Texas 1995 to 2000" (1995). Harrison "Buzz" Price Papers. 162.
https://stars.library.ucf.edu/buzzprice/162