Home » Lifestyle » Six Flags CEO says parks turned into 'cheap day care for teenagers'
Six Flags CEO says parks turned into 'cheap day care for teenagers'
Fox Business Flash top headlines for August 12
Check out what’s clicking on FoxBusiness.com.
Amusement park operator Six Flags has become "day care center for teenagers" after offering too many discounts, according to its chief executive officer.
During an earnings call with analysts, Selim Bassoul — who took over the role in November — talked about the company's new strategy to keep "rowdy" teenagers from running amuck. The plan includes hiking prices and trying to attract a more affluent customer.
"Our aggressive strategic shift is still a work in progress, but my first nine months at Six Flags as Six Flags CEO has only reinforced my initial belief in Six Flags potential," Bassoul said.