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January 10, 2013
BATAVIA, Ohio -- The chief executive of one of the country's largest amusement park companies said since the economic downturn has people staying closer to home, staycations have boosted business at the parks.
CEO Matt Ouimet on Wednesday predicted the staycation trend would continue even with the economy improving. He spoke about the future of the amusement park industry and Cedar Fair Entertainment Co. after touring the plant where the newest roller coaster for the company's Cedar Point park is under construction. He said Cedar Fair's parks generally draw most of their visitors from within a couple of hundred miles.
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