Remember when so many posters were drooling over Touring Plans view of what crowds would look like when the parks reopened.. making references to absolutely bonkers past data points like hurricanes? lol
And how people were filling pages of threads of just how they couldn't wait to get back into the parks.. and it was a daily thing about what day they could reschedule for??
Yeah... suckkers... This kind of massive correction was on the board as soon as governments started closing borders and commercial activity. This was going to happen even with a short shutdown.. and now with the future so uncertain, and borders shutdown effectively indefinitely at this point... All of this was like predicting the sunrise.
The one surprising thing out of this shutdown is just how strong luxury good sales continue to be. Economic uncertainty hasn't hit all job types equally.... Try going out and buying things like hot tubs, home entertainment stuff, etc... inventory is drained everywhere.
because people aren’t traveling. Whatever discretionary income that is available is being re-routed to other safer forms of entertainment at the expense of the travel industry amongst others