Just saw that Nick Wilde and Judy Hops are coming to DCA "soon".
I noticed it looks like they're getting ready to kick off another one of those interactive games in Disneyland which I thought was weird if they are in cost cutting mode.I haven't noticed any of these "cuts" at Disneyland/DCA that everyone is talking about at the WDW parks. Is that even a thing here?
I haven't noticed any of these "cuts" at Disneyland/DCA that everyone is talking about at the WDW parks. Is that even a thing here?
From a customer viewpoint I can kind of understand the staffing cuts. The last time I visited DLR (about a year ago) it seemed like every attraction, FP kiosk and snack stand was manned by army of cast members. I remember seeing the swarm of staff at the registration desk while checking into the PP Hotel and thinking, "No wonder this place is so expensive".
Maybe they're anticipating a decline in attendance in the wake of back to back admissions price increases and SW Land construction. There were quite a few vocal online regulars who said they would skip DL this year for these reasons.
From a Motley Fool article dated February 18:
"The online chatter points to weakness at ESPN as well as the delay and budget overruns at Shanghai Disneyland as the causes for Disney's attention to whittling down costs at its stateside theme parks. That doesn't make sense.
For starters, Disney was able to overcome lower attendance at Disneyland Paris and a spike in pre-opening expenses at Shanghai Disney to still deliver widening profit margins for its theme park division. Then we get to how the market weighs Disney itself. It posted a blowout quarter, with the only decline in its segment revenue and operating income breakdown coming from its ESPN-fueled media networks division. The stock still moved lower on the news, fearing the continuing weakness at ESPN. Improving the already widening margins at its theme parks isn't going to fix ESPN or make Mr. Market look away from the challenges at the leading sports programming network."
You can read the rest here: http://www.fool.com/investing/gener...ld-is-cutting-costs-at-the-worst-possibl.aspx
I can agree that Disney wants to keep profits and its stock price up, but there's no evidence that SDL is the reason for cutbacks or even that the cuts are meaningful enough to make a dent in the cost increases in Shanghai.
That may all be true, but you have to admit that staffing cutbacks at DL would have to be pretty severe to offset cost overruns at SDL. As the article points out it's odd to cut spending when profit margins are widening, even for Disney.
Yes, but it doubtful that it's enough offset the $3.5 billion spent to build SDL though.
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