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Kings Island banking on new roller coaster

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Water bag dummies of varying weights took the first test runs of the Diamondback Friday, Feb. 27. Marketed as the tallest, fastest and meanest roller coaster at Kings Island, the new attraction will officially open April 18.
Linda Weisenborn Water bag dummies of varying weights took the first test runs of the Diamondback Friday, Feb. 27. Marketed as the tallest, fastest and meanest roller coaster at Kings Island, the new attraction will officially open April 18.
Water bag dummies of varying weights took the first test runs of the Diamondback Friday, Feb. 27. Marketed as the tallest, fastest and meanest roller coaster at Kings Island, the new attraction will officially open April 18.
Linda Weisenborn Water bag dummies of varying weights took the first test runs of the Diamondback Friday, Feb. 27. Marketed as the tallest, fastest and meanest roller coaster at Kings Island, the new attraction will officially open April 18.

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By Tom Beyerlein, Staff Writer Updated 1:38 AM Friday, April 10, 2009

Diamondback is a new roller coaster that rises to dizzying heights, then rapidly plunges. The management at Kings Island, whose parent company is stuck with a sky-high debt load, is hoping the ride will attract recession-rocked patrons already experiencing vertigo from watching their investments fall off the cliff.

Kings Island opens April 18, and park managers hope 2009 will be a strong season despite the recession. Their aim is to capitalize on “staycationers” who elect to get their summer kicks close to home instead of taking expensive vacations involving travel and lodging.

“We expect to have a good year,” said Kings Island spokesman Don Helbig. “People still want to have fun and they still want to do things as a family, and that bodes well for a regional attraction like Kings Island.”

The $22 million Diamondback is Kings Island’s biggest investment and its tallest and fastest coaster, rising as high as 230 feet and traveling at up to 80 mph. Helbig said it’s also the only U.S. coaster to use “open-air, stadium-style seating” that allows an unobstructed view.

Amusement park consultant Dennis Speigel said “it’s a good time to have a ride of that nature and stature introduced. (Amusement parks) live on repeat business and repeat business lives on product introduction.”

Still, Speigel said, “it’s a mature industry now. We’re not seeing the growth at the front gate that we saw 20 years ago.”

It’s a tough time generally in the fun business. Disney reportedly cut staff last month. Six Flags announced last month it must either restructure its debt or seek protection in bankruptcy court. And Cedar Fair Entertainment Co. of Sandusky, which owns Kings Island and Cedar Point, last month hired Merrill Lynch & Co. to help it sell parks in Missouri and Minnesota to reduce its $1.7 billion debt load.

Cedar Fair overpaid when it spent $1.24 billion in 2006 to acquire Kings Island and four other parks from Paramount, said Speigel, president of International Theme Park Services Inc. of Cincinnati.

But he said Cedar Fair “is a well-run company with a great history of profitability. They will weather this situation, no question about it.”

Contact this reporter at (937) 225-2264 or tbeyerlein@DaytonDailyNews.com.

Rode Diamondback and LOVED it. The seats were insanely comfortable, the lift hill gets you to the action in no time, and the ride was silky smooth and spectacular.

The line was short enough (about 20 mins. during a mid-afternoon on a Monday) that I and the rest of my clan decided get back in line immediately. The Beast will always be the number one ride at Kings Island, but if there ever was a 1a, it would be Diamondback. Congrats, Kings Island, on $22 million well-spent.
Deven
6:35 PM, 7/14/2009
i think this new rollercoaster is going to be one of the best attractions for adrenalin junkies everywere if they decide to come and im going to kings island for a senior trip this friday and it is going to be awesome
Julian
12:23 PM, 5/5/2009
Now since they have a new ride attraction, somewhere down the road, they have to make up the profit in building it. Why do I get this feeling they will be charging a higher admission price this year to get in? I don't recall ever seeing Kings Island dropping their prices on admissions and don't even get me started on merchandise within the park. The place is great, don't get me wrong, but it can be a very expensive outing, especially if you have a large family.
rabbit
2:25 PM, 4/10/2009
THE SKY LIFT!!! Nothing quite so romantic as sneaking a kiss at altitude! Thanks for that memory. BTW, I lost a flip-flop on that ride...had to by a new pair for an outrageous (at the time) price.
Rob
11:28 AM, 4/10/2009
Talk about age, I can recall the Sky Lift that carried you across the park in the air! Always nervous, but had to ride everytime we came to the park.
Brad
9:51 AM, 4/10/2009
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