SAN ANTONIO – Editor’s observe: This story was printed via a partnership between the San Antonio Enterprise Journal and KSAT.
Cedar Honest Leisure Co., which operates Schlitterbahn waterparks in New Braunfels and Galveston and practically a dozen extra theme parks, plans to spend as a lot as $200 million on its properties for the 2022 season.
It’s a hefty funding, given the Ohio-based firm’s most up-to-date monetary efficiency, however an infusion that would draw extra enterprise again to its parks.
Cedar Honest CEO Richard Zimmerman mentioned the choice to make the numerous capital funding was “based mostly on constructive current tendencies and our renewed confidence within the restoration of the enterprise.”
Zimmerman mentioned the deliberate Schlitterbahn enhancements would deal with infrastructure and aesthetics all through each parks, together with upgraded meals venues and sights.
Firm officers stress these enhancements will complement Schlitterbahn’s distinctive character.
Cedar Honest signed a definitive settlement to amass Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston in 2019, agreeing to pay greater than $260 million for the 2 properties.
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