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Old 09-25-2008, 04:56 AM   #1 (permalink)
 
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Hard Rock Park in Myrtle Beach filed bankruptcy

The new Hard Rock Park in Myrtle Beach has filed for chapter 11 bankruptcy this week and will be closing the park for a few months while they work out the details. The article is in this morning's paper at MyrtleBeachOnline.com - Myrtle Beach News, Golf, Hotels, Homes, Jobs, Cars .
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Old 09-25-2008, 06:27 AM   #2 (permalink)
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Oh wow, really? It'll be interesting to see what they do with it now. Thanks for posting this!
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Old 09-25-2008, 08:50 AM   #3 (permalink)
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Old 09-25-2008, 09:41 AM   #4 (permalink)
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Wow! Friends of ours were just trying to talk us into sharing a home with them for a week next summer, and this was one of their selling points to us, knowing how much the boys like amusement parks.
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Old 09-25-2008, 10:28 AM   #5 (permalink)
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As close as we live (about 3 hours), I don't actually know anyone that has visited it. It's a shame. I hope they can pull it out of bancrupcy and that they can get the number of people in the gates to keep it going in the future.
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Old 09-25-2008, 10:52 AM   #6 (permalink)
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Already?! Wow that was fast!? I was hoping to go down there and ride the Led. Zep. ride. I hope they end up reopening it in 09' as planned. We'll see....
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Old 09-25-2008, 11:12 AM   #7 (permalink)
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That's a shame - it doesn't seem like they allowed enough time to catch on - very few businesses make a profit in the first year of operation. Evidently they didn't have the financial backing to ride out the first few years before they saw a profit.

I don't think a lot of people were even aware of the park - they didn't do much advertising. I was hoping we would have a chance to visit it!
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Old 09-25-2008, 11:47 AM   #8 (permalink)
 
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Sounds like the credit crunch got to them; this probably isn't the best economy for such a venture. They say they plan to reopen next year so hopefully it goes a little better after their restructuring.
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Old 09-25-2008, 02:05 PM   #9 (permalink)
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That's too bad. Hopefully they can get things going soon. The park was right across the street from our vacation club resort we stayed at last summer. That whole area was like a ghost town, only a couple of hotels and the Medieval Times show and a church was about all that was open. I was hoping the park would revitalize the development, I guess it will take more time.
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Old 09-25-2008, 03:56 PM   #10 (permalink)
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Wow, that was quick.
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Old 09-25-2008, 06:19 PM   #11 (permalink)
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That's too bad.
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Old 09-27-2008, 12:39 PM   #12 (permalink)
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We were planning a trip to Myrtle Beach for next summer that's since been canceled, but the Hard Rock Park was one of the big sells. From what I know of it, the park was expensive with not much going on. There were maybe ten rides at most, and they were charging a good $50-$60 a ticket. A lot of locals complained and didn't think it would last long, and it looks like they were right. It's a shame, though, because it was a really cool idea for a theme park!
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Old 09-28-2008, 10:00 PM   #13 (permalink)
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That was quick!
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Old 09-28-2008, 10:22 PM   #14 (permalink)
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We were maybe planning a trip there next summer and that was one of the places we wanted to check out. I didn't realize how expensive the tickets were $50 for 3 and older that is crazy. Maybe they will restructure and open with more reseasonable prices and more things to do and see.
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Old 09-29-2008, 07:34 PM   #15 (permalink)
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That is too bad...I was seriously considering a visit but then early reviews were very dismal.
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