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.)

Digital Reproduction Specialists

Electronically reproduced by the Digital Services unit of the University of Central Florida Libraries, Orlando, 2005.

Is Referenced By

http://library.ucf.edu/specialcollections/Collections/ManuscriptsPrice.php (University of Central Florida Special Collections Harrison "Buzz" Price Papers finding aid); http://ucf.catalog.fcla.edu/permalink.jsp?29CF033206285 (University of Central Florida Libraries Online Catalog)

College

Information Technologies & Resources

Unit

University Libraries

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