If this happens, then maybe. But I'm not entirely sure where you are getting these economic predictions. Some of my peers in construction believe it will either decrease or the rate of increase will slow. We shall see.
Why do you think the new management team Will be so desperate to impress?
There’s also no real reason to release all of the details of a show that won’t open for 18+ months to 3 years.
Of course they will be eager to impress Wall Street. A large portion of compensation for executive management at almost any Fortune 500 company is directly tied to the stock price not to mention their personal job security.
So sorry I don’t know anything about business except for more money good less money bad
A good rule of thumb, but there’s also the saying it takes money to make money. DIS stock is up more than 35% since the announcement about increased spending on the parks, $60B over a decade. Many other factors influence that price too, but at the time the street took the news pretty well with overwhelming positive reaction. I don’t think new management will need to start canceling this whole plan to impress anyone. What can (and maybe likely will) happen is if costs really do rise faster than expected they will cut back on elements of some projects vs canceling them outright. So maybe a Villians land happens but is scaled back. AK and probably Monsters are more safe since they are starting already. The MK projects, especially Villians, are a larger risk.
We know how tariffs and labor shortages impact the economy. We know how they have ALWAYS impacted the economy. Your peers can believe tariffs will bring down costs. They can also believe that porcupines are psychic.
How do you know they aren’t
I can’t say anything more on this without getting into politics
Lol. This is what I meant by too harsh in my other comment. No need for an ad hominem. You can make your point without it.
Thanks for the business lesson
It was not well received at all.
sometimes I think Disney being a publicly traded company is a bad thing no offense but I hope you all are wrong
Wall Street hates theme parks for several reasons, not least because they require huge, regular capital expenditures without clear ROI. One of the quickest ways for new management to ingratiate themselves with the Street will be to slash such expenditures along with making more cuts to spending.
I don't think being a publicly traded company is the problem at all. The problem is those in charge and many of the stockholders. Most of them don't understand the parks.
Yeah two Fantasyland style dark rides should be the plan. I have no clue why everybody is running with the coaster when these new lands are known to evolve with time.
This I largely agree with and pray a miracle happens and the post-Iger shakeup winds up being a pleasant surprise.
I hope so too as I want to see the parks go back to what they were in 80s and 90s. Each park is unique with its own theme.