Been wondering what would be worthwhile to post about as the "thing" I keep hearing about is not ready for public consumption. Having said that, here are some thoughts.
Disney can brag about how much debt cash they raised but the FY21 budgets reflect realism. A lot of low level and mid sized park projects are being crammed into the schedule just so they can use every scrap of cash left this year. It will not be available next year.
China market and Mulan issues are interesting and loop back to rumors about drama at the Chinese parks. Shoulda seen all this coming.
The Guardians ride at Epcot cost $450 million. I am not messing with you all.
There was a huge $200 million plus tower coming to Polynesian before the economy imploded. Now we just get Moana rooms.
Epcot.... that's why I really came on here to post. That park is in serious trouble. The overall low attendance and park hours cuts have been talked to death. What doesn't seem to be discussed too much is how the loss of private events hurts. One medium sized event at Epcot paid for nearly a week's worth of Illuminations shows. This is a fall and winter season where that revenue is knee capped. The forward looking business on this front is not that great. So much so that the whole dinner table looking thing seems "off the table." The point of it was to massively increase event space and revenue ops.
Disney really backed themselves into a corner with the near term operations at Epcot. The new Ratatouille ride seems like its not opening until mid 2021. Word is Burbank wants all parks projects held off until 2021. They think a more appropriate time to bundle and market everything will arise then.
Layoffs.... we all see what is in front of us. Cast member food banks are a depressing sight to see. There are a lot of people to blame for that. Disney being near the bottom given the park closures. Does it even need to be formally called "layoffs" anymore? Furloughed indefinitely seems like a future that's equally as insecure.
Disney can brag about how much debt cash they raised but the FY21 budgets reflect realism. A lot of low level and mid sized park projects are being crammed into the schedule just so they can use every scrap of cash left this year. It will not be available next year.
China market and Mulan issues are interesting and loop back to rumors about drama at the Chinese parks. Shoulda seen all this coming.
The Guardians ride at Epcot cost $450 million. I am not messing with you all.
There was a huge $200 million plus tower coming to Polynesian before the economy imploded. Now we just get Moana rooms.
Epcot.... that's why I really came on here to post. That park is in serious trouble. The overall low attendance and park hours cuts have been talked to death. What doesn't seem to be discussed too much is how the loss of private events hurts. One medium sized event at Epcot paid for nearly a week's worth of Illuminations shows. This is a fall and winter season where that revenue is knee capped. The forward looking business on this front is not that great. So much so that the whole dinner table looking thing seems "off the table." The point of it was to massively increase event space and revenue ops.
Disney really backed themselves into a corner with the near term operations at Epcot. The new Ratatouille ride seems like its not opening until mid 2021. Word is Burbank wants all parks projects held off until 2021. They think a more appropriate time to bundle and market everything will arise then.
Layoffs.... we all see what is in front of us. Cast member food banks are a depressing sight to see. There are a lot of people to blame for that. Disney being near the bottom given the park closures. Does it even need to be formally called "layoffs" anymore? Furloughed indefinitely seems like a future that's equally as insecure.