During a recent earnings call, CEO and President Selim A. Bassoul said the parks have become "a cheap daycare center for teenagers during breaks and the summers."
[Ads /]
Bassoul later addressed the company's customers and the demographics when it comes to those who visit its parks, saying "our objective is not to become a park that's not affordable to everyone."
Still, he went on to say the company is migrating "a little bit from what I call the Kmart, Walmart to maybe the Target customer."
Knott's Berry Farm to implement chaperone policy in after brawl involving teens. Here's what to know
[Ads /]
This comes after Knott's Berry Farm implemented a chaperone policy after some teens got into a massive fight which forced the Orange County theme park to shut down early. The policy means anyone 17 and under needs a chaperone over the age of 21 to attend.
The policy will also be enforced to the park's annual Halloween fright fest.