No, Schlitterbahn is not closing; in fact, as of early 2026, the brand is thriving under the ownership of the newly merged Six Flags-Cedar Fair entity. Both the New Braunfels and Galveston locations have released their 2026 Season Pass schedules, with New Braunfels continuing to market itself as the "World's Best Waterpark." In 2026, the parks are seeing significant infrastructure investment, including refreshed "Transportainment" river systems and upgraded cabana experiences. Rumors of "closing" often stem from confusion regarding the sale of the parks in 2019 or the rebranding of other local Texas water parks. For 2026, the "Gold Pass" (roughly $99) provides unlimited access to both Schlitterbahn locations and all Six Flags parks in Texas, confirming that the parks remain a cornerstone of the regional tourism strategy. The resort at New Braunfels also remains open year-round, offering "Stay and Play" packages that include park admission.