Park offsets high gas prices

Due to the increasing gas prices, Cedar Point amusement park decided to lower admission costs so they did not lose business. Park visitors can save money on tickets even though they are spending more to get there. This is the first time that Cedar Point has ever reduced prices. Management thought they would lose too much business if they did not compensate the consumer.

The rise in gas prices has affected everyone. Travel is down, people are walking and riding bikes more, and business are losing money because of it. The reason gas prices are high is because of high demand but low supply. Cedar Point is a unique situation because it is the only one in the country. People have to travel to get there so gas prices affect Cedar Point's business. Business need to do what they can to stay competitive. Money is a very sensitive subject to people. They work hard to earn it and before they know it they spend it. Now they are spending all their money on travel to get to a place, thus not having the finances to spend it on leisure activities. Business hope to cut their losses and will offer certain things to its customers. Also, when people see they are saving money (lower entrance price to park) they think its a good deal and will do it. Sales always attract customers.