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The big difference is the word "executive" in front of the chairman title. This tends to indicate an uncertainty with the new CEO. It means the chairman is actively involved in the day to day running of the company (which we've seen with Bob Iger), as opposed to just the chariman title who...

That's what Net Positive means as per the definition they are using. If they can cover at least the variable costs then they are better off staying open than being closed. EG. If fixed costs are $100, and I can sell a ticket for $120, with variable costs of $110, I am covering my variable...

Exactly. Steph is able to function, do school, work etc, but when she tries to push herself hard in karate (the dojo she trains at came up with a modified post-concussion curriculum for her so she could still get her black belt) she gets dizzy. She did put a lot of pressure on herself to get...

Yeah it really sucks. In Steph's case it was 5 within 14 months, some mild and a couple that were bad (fractured orbital, broken nose along with the concussions). We had wanted her to retire after the first big one, but she was 18 so we couldn't force her to. No permanent damage thankfully...

Yeah, I've been pretty quiet for a while. I've been around, just not saying much. It took an @fractal trip report to get me back in (no offense to the other trip report writers I've enjoyed (looking at you @Tuvalu ))

Sorry to hear about @fractal jr having to retire due to concussions. My daughter had to retire from competitive kickboxing for the same reason (although her's were all related to the sport). It sucks that they have to give up something they love doing due to an injury that no one else can see...

Saved you some research - as per Disney's accounting policy in their annual report - " Revenues from annual pass sales are recognized ratably over the period for which the pass is available for use."

Maybe, but you've got to consider the size of Disney as a whole. Material to Parks and Resorts? Possible but doubtful ($1,200 for an annual pass, equates to a 2-3 night stay at a delux resort) . Material to the consolidated WDC? doubtful.

Theoretically correct, but materiality factors in as well. While the correct accounting procedure is as you described (defer revenue and recognize over the term of the pass), if the total of all passes is relatively low, they could just take it all to income at some other time (e.g. first use...

Didn't see this posted anywhere. @marni1971 gets a mention... https://m.orlandoweekly.com/Blogs/archives/2019/06/17/disney-might-be-ready-to-finally-admit-that-their-current-fastpass-system-sucks?fbclid=IwAR1AscWuHiDVAjNzWszFSfgFCWE_3OyLXq7GDiMqSEN1N2worRBeStP-QIA

2015/2016 - Have a picture taken January 1st 2016, sitting on the deck sipping a slushy watching the riverboat passing byn

It looks like it was the new Marriot that was under construction. Not that it matters, but it's not on property that Disney owns.

In terms of Disney Stuff… I’ll do some quick points; 1) We had an early morning flight out of Buffalo. In Orlando Picked up our car (a Kia Soul), and went to AK. Had fun. In the evening Steph and I went to MK, while Liam and Tammy stayed at the hotel (Liam wanted to swim). Steph really...

Oh yeah…want to know what happened in November? OK, I’m not doing a full trip report, but I thought I’d at least give some details of what happened. Let’s start with the karate stuff As you may remember, Steph and Liam both qualified to represent Canada at the World Karate Championships. We...

Hi again everyone…did you miss me? LOL. Unfortunately, despite @Tuvalu ’s promised/promotion of a non-existent November trip report that I was supposed to write, I just got way too busy. I kind of dropped off the WDWMagic radar for a while, but now I’m slowly coming back…which is great...

working on a PTR now. August 11-21

Fun report so far. Just getting back into Disney stuff again (been crazy busy since our trip in November (which is why there was no TR)). When are you there in August?

http://www.parkeology.com/2017/11/imagineer-joe-rohde-inside-disney-attractions.html

We bought at Saratoga in 2010 for around $79/point. Those were crazy days. Our first DVC trip we ended up getting 4 out of our 8 days at AKL Concierge level. We haven't had a problem getting other resorts at the 7 month mark now, but I guess it depends where you want to stay (I seem to always...

Good to know. That why I put the proviso "if the rumors are true".