PREMiERdrum
Well-Known Member
I posted this in the DHS thread, but it belongs here as well:
We're at a very interesting confluence of timelines here.
The resort has been subject to both under investment and mis-investment for nearly two decades. Iger's "Blue Ocean" strategy has proven to be a failure. Years of trading fewer onsite guests for higher cost per guest have crashed the hotel business, with ancillary damage to the convention, group events, and food services arms. Formidable competition just up the road, for the first time with the prospect of a legit weeklong resort experience.
Even with all that, TWDC leadership needed TWO major external factors to push them to this:
- A real, honest threat against their control of the company, and
- An "excuse" to move forward with site investment, afforded by the negotiated settlement with the state government.
In any event... much of these plans are still in flux, though the lion's share of it is funded and - generally speaking - plots and properties have been settled.
Buckle up.
We're at a very interesting confluence of timelines here.
The resort has been subject to both under investment and mis-investment for nearly two decades. Iger's "Blue Ocean" strategy has proven to be a failure. Years of trading fewer onsite guests for higher cost per guest have crashed the hotel business, with ancillary damage to the convention, group events, and food services arms. Formidable competition just up the road, for the first time with the prospect of a legit weeklong resort experience.
Even with all that, TWDC leadership needed TWO major external factors to push them to this:
- A real, honest threat against their control of the company, and
- An "excuse" to move forward with site investment, afforded by the negotiated settlement with the state government.
In any event... much of these plans are still in flux, though the lion's share of it is funded and - generally speaking - plots and properties have been settled.
Buckle up.
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