Great Wolf Lodge Development Discussion Thread

P. 8: Two unique slides coming to Great Wolf Lodge Georgia
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Great Wolf Lodge Development Discussion Thread

Postby robbalvey » Thu Oct 06, 2005 11:29 am

Hey everybody!

This thread is simple! Rather than having a million little threads about everything that goes on at Great Wolf Lodge's many properties, this thread is designed to consolidate it all into one user-friendly thread. Feel free to use it to post updates, trip reports, questions, comments, and of course, general discussion. For pictures and videos of the company's properties as well as past updates, see TPR's Park Index.

Official Company Website

Below are some links to past updates from the company, you may be interested in. Enjoy!

--Robb

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2005
October 6th, 2005 - Great Wolf Lodge to sell Cedar Point & Wisconsin Dells properties - SEE BELOW!

2007
March 8th, 2007 - Ohio property sees illnesses reported by guests

2010
January 25th, 2010 - Great Wolf Lodge adding three Proslide Tantrums to properties
March 15th, 2010 - Great Wolf Lodge to break Guinness world record
June 17th, 2010 - Great Wolf Lodge acquires Creative Kingdoms & MagiQuest
June 28th, 2010 - Great Wolf Lodge announces intent to build Garden Grove property

2011
May 11th, 2011 - Great Wolf Lodge switches from Pepsi to Coca-Cola products

2012
March 19th, 2012 - Great Wolf Lodge bought by the Apollo Group
March 19th, 2012 - Law suit seeks to halt company sale to Apollo Group
April 5th, 2012 - KSL Capital Partners offers higher buyout bid than Apollo
April 19th, 2012 - Apollo's bid topped by KSL Capital Partners again, Apollo given 3 days to respond
May 4th, 2012 - Apollo completes acquisition of Great Wolf Lodge Resorts

2013
October 20th, 2013 - New ShadowQuest upgrade announced for MagiQuest!

2018
April 17th, 2018 - Two unique slides coming to Great Wolf Lodge Georgia

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Original Post:


http://www.crainscleveland.com/apps/pbc ... 05004/1004

Great Wolf Resorts Inc. of Madison, Wis., will sell a majority stake in its Great Wolf Lodge indoor waterpark and entertainment complex in Sandusky and a similar property in Wisconsin Dells, Wis.

The company announced that it will form a joint venture with CNL Income Properties Inc., an Orlando, Fla.-based real estate investment trust focused on leisure and lifestyle properties. CNL will acquire a 70% stake in the two properties, while Great Wolf retains 30%.

The $114.5 million deal is expected to close later this year, according to a statement from Great Wolf Resorts. Great Wolf will continue to operate the properties and will license the Great Wolf Lodge brand to the joint venture under 25-year agreements.

John Emery, CEO of Great Wolf Resorts, said in a statement that his company is expected to receive $98.6 million in the deal. It will “recycle (the) investment capital for future growth, enhance the Great Wolf Lodge brand value with extended management and licensing contracts, and partner with a significant, long-term investor in lifestyle real estate.”


The Great Wolf Lodge in Sandusky has 271 suites and a 42,000-square-foot indoor entertainment area that features a water park, two 150-seat casual dining restaurants, 6,000 square feet of meeting space, a fitness center, arcade and gift shop. The Great Wolf Lodge in Wisconsin Dells has 309 suites and a 64,000-square-foot indoor entertainment area.

Great Wolf Resorts, which was formed in 2004 and went public last December. Since its shares hit a 52-week high of $25.88 last March, the company’s stock has sagged markedly. At 1:15 p.m. today, shares were trading for $9.53.

According to Great Wolf Resorts’ most recent quarterly report to the Securities and Exchange Commission, the company had $155 million in long-term debt as of June 30. The company reported second-quarter losses of $2.5 million, or 8 cents per share. It had revenues of $26 million during the second quarter, which ended June 30.


It's kind of a shame they aren't doing better because they look like such NICE resorts!

--Robb
Last edited by jedimaster1227 on Tue Apr 17, 2018 5:51 am.

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Postby Shockwave » Thu Oct 06, 2005 11:43 am

Nice resorts in prime locations as well.

They must have seriously underestimated something along the way, cos those debts aren't small in the least. :shock:

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Postby dandaman » Thu Oct 06, 2005 11:52 am

So now the CP area has Castaway Bay and Kalahari as their main indoor waterpark resorts. Question: I'm assuming that GWL was (or is) the leading waterpark in Sandusky? (Finance-wise)
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Postby PhishyBrewer » Thu Oct 06, 2005 1:01 pm

Great Wolf in Sandusky is crap anyway. Now Kalahari, that's a place for swimning when it's -20 degrees. And they have a water coaster.

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Postby OzCatter » Thu Oct 06, 2005 1:33 pm

Get ready for them to annouce the selling of the one in KC too with Schlitterbahn in 2 years.

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Postby dandaman » Thu Oct 06, 2005 1:40 pm

So does Castaway Bay... I actually heard that Kalahari wasn't all it was hyped up to be.
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Postby benzo41190 » Thu Oct 06, 2005 2:31 pm

Great Wolf isnt really anything special :roll: i mean the one in the Dells has a tornado funnel thing but thats it. I mean the Kalahari is SO much better because it is more of a family place, there is something for everyone. The Great Wolf lodge used to be good but then everyone stopped going there because the Wilderness and the Kalahari were so much better. I mean the Great Wolf had no point of going every year because there wasnt much there and it never expanded (exception to the tonado funnel in 2004). Besides that it hasnt added anything new for about 11 years.

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Postby Bob O » Thu Oct 06, 2005 2:41 pm

I think the competition in the Dells is very tough. You have major competitors in the Kalahari/Wilderness and even others like the Polyensian/Chula Vista and in summer the hotel connenected to Mt Olympus as well as alot of smaller ones that offer good deals for the money. I think they under-estimated how tough ot would be in this marketplace.

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Postby cfc » Thu Oct 06, 2005 7:16 pm

The one in Williamsburg seems to do pretty well, but I wonder if this will last once the novelty wears off. The only competing water park is Busch's Water Country USA, but it's a pretty good one.

Winter will tell the tale, I think--tourism is pretty slow around here from January to March.
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Illnesses Reported By Guests At Great Wolf Lodge

Postby ginzo » Thu Mar 08, 2007 3:18 pm

http://www.newsnet5.com/news/11200599/detail.html

MASON, Ohio -- Illnesses reported by guests at an indoor water park may have been caused by chlorine getting into the air after water splashed out of pools and water slides, a county health official said.

Investigators have not conclusively determined why dozens of adults and children who visited the Great Wolf Lodge in southwest Ohio suffered rashes, coughing and other minor respiratory or flu-like symptoms.

The Warren County and state health departments said the agencies have received about five complaints from groups or families since the beginning of the year. The park, which also includes a hotel, opened in December.

Dan Collins, director of environmental health for Warren County, said some of the large amounts of chlorine used by the water park could wind up in the air.

"It's a heated building in an enclosed atmosphere and because of the pools being basically amusement rides, there's a lot of water splashing," he said. "The water is coming out of the pool faster than it would in a still pool, so you end up with all these chlorine compounds in the air."

Among the people who have become ill, one child was taken to an emergency room, and some have received medical treatment on the scene from paramedics or from family doctors after leaving, Collins said.

About 2,000 to 3,000 people are in the park's pools each weekend, he said. No employees have reported feeling ill, he said.

In a statement Wednesday, water park officials said health department tests of their pool water showed nothing unusual and the park would take "all necessary steps" to comply with county and state regulations.

Park managers informed the county health department that the company that installed the park's ventilation system was asked to inspect it, Collins said.

Mason is about 20 miles northeast of Cincinnati.

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