News Coronavirus and Walt Disney World general discussion

DarkMetroid567

Well-Known Member
Please let’s not pretend that we would have seen these mass layoffs without government interference.
I don't doubt we would have to some extent. I'm from Vegas, and before any American government interference was happening, we were suffering badly because of the virus. Most hotels under 10% occupancy, which is almost unheard of.

I think a lot of you had too much faith that the economy was going to stay strong. I understand my example of tourism is anecdotal and might not even work for other sectors, but the ripple effect was going to impact us in SOME way. Maybe our economy would have been 50-60% of the losses that we're seeing right now.
 

celluloid

Well-Known Member
I have no idea how Sea World reopens when this is all said and done.
It may be a blessing in disguise. Maybe one that will be as good or better leadership. Either way, at most grim, it takes someone who knows they can turn a profit off it and with the stock so low it will be easy to if someone picks it up. Even if it is rough waters they will turn it around to someone that will.

Six Flags will be very interesting as they will likely have the same thing happen and there are so many of those parks who knows what companies will absorb or pick at them.
 

"El Scorpion"

Well-Known Member
In the Parks
No
I hope so as well. I just know financially they were not in the best spot before this.

Legoland is going to need to lean into locals big time. Their location is not the best and with dollars going to be tighter for tourism, less people are going to make a trek an hour away from WDW.
I love Legoland. It almost reminds me of a late 70's Disney. 1 Park, 1 Hotel (soon to be two). Good Value. It'd be a shame to see them go away.

Had a night in early May booked into the new Pirate Hotel. Another for September. I just rolled the May night over to September for 2 Night stay.

And I really hope Manny's Chophouse survives this. Even if its only the Winter Haven and Lake Wales locations.
 

Gringrinngghost

Well-Known Member
So, it’ll be interesting to see if the union gets paid and not furloughed, that is if the negations which I’m assuming starts tomorrow and they agree to be paid. That’s going to leave a very sour taste for non-union employees, just like how Disney used the one-time $1,000 bonus as a bartering chip. If the union remains to be paid, non-union employees will fight through hell to get their pay as there is going to be a double standard precedent yet again.

Furthermore, this doesn’t look good as they have been in the last 48 hours reported to have bought more land for WDW, and merely a year after they bought 20th Century Fox for 71.3 Billion, considering that Comcast who makes roughly 33% more has for the time committed half a billion dollars to pay employees with many executives forgoing their entire salary and not the average 20-50% that Disney is doing.

We are in for interesting times...
 

MisterPenguin

Rumormonger
Premium Member
Actually, I read the link, and I’m familiar with the subject itself. I wonder if people realize that deferring money owed isn’t really the same as bringing money in. All it’s doing is pushing it off.. I also wonder if everyone realizes that a lot of bank owned mortgages are not actually FHA or federally backed. 🤷‍♀️
No. You're absolutely not going to get away with rewriting the history of what you wrote...

Sure you could defer for a few months and then pay at that time. The result is the same either way
You clearly are saying you have to pay up when the deferment ended, when the link very clearly and several times says the payment can be deferred several ways and even at the end of the mortgage period. That's a deferment that could be decades away, and not "at that time" when the deferment ends.

The article clearly says that the majority of mortgages are covered and for the minority that are not, some will and some are being 'encouraged' to do the same. So no that isn't "a lot of bank owned mortgages."

Saying that *you wonder* *IF* people "realize that deferring money owed isn’t really the same as bringing money in" is just a very odd supposition to make. Do you have any proof that people would make that wrong supposition? This is a theoretical case that has no bearing to what was brought up: people who have mortgages (owners and landlords) are generally not going to lose it all because they can't pay the mortgage.

But, valiant effort on your part for the attempt at obfuscation with a non-relevant and absurd theoretical that doesn't hide at all that you really didn't read the link.
 

rowrbazzle

Well-Known Member
Knew some who worked by Staples Center .The cops were overwhelmed by the residents. Enter the National Guard to restore law and order.
The Staples Center wasn't built until 1999.

Bringing in the National Guard seems like an awful solution, reserved only for the most extreme circumstances.
 

21stamps

Well-Known Member
No. You can "skip" 12 months and then add the 12 months to the end of your loan. Again. Doesn't work for everybody. But for some it does.
correct. It is for specific loan types, and it’s still simply deferring money. It will be a better option for some who can’t pay their bills at all right now, but they’re simply pushing the payments off to a later date, whether that’s a few months, or a year with a federal loan.. most likely the payments will never be recovered from a tenant if it ends in evictions.
 

TheDisneyDaysOfOurLives

Well-Known Member
I love Legoland. It almost reminds me of a late 70's Disney. 1 Park, 1 Hotel (soon to be two). Good Value. It'd be a shame to see them go away.

Had a night in early May booked into the new Pirate Hotel. Another for September. I just rolled the May night over to September for 2 Night stay.

And I really hope Manny's Chophouse survives this. Even if its only the Winter Haven and Lake Wales locations.
I helped open that park. Love it so much. It was crazy watching the park be put together. I had a great time there.
 

KineticMosaic

New Member
So, it’ll be interesting to see if the union gets paid and not furloughed, that is if the negations which I’m assuming starts tomorrow and they agree to be paid. That’s going to leave a very sour taste for non-union employees, just like how Disney used the one-time $1,000 bonus as a bartering chip. If the union remains to be paid, non-union employees will fight through hell to get their pay as there is going to be a double standard precedent yet again.

Furthermore, this doesn’t look good as they have been in the last 48 hours reported to have bought more land for WDW, and merely a year after they bought 20th Century Fox for 71.3 Billion, considering that Comcast who makes roughly 33% more has for the time committed half a billion dollars to pay employees with many executives forgoing their entire salary and not the average 20-50% that Disney is doing.

We are in for interesting times...
Ill bring it up again. I don't know if "Disney" as we know it survives this. Its looking ever increasingly like beyond just our normal everyday lives, some of the entities we've become accustomed to over the years will look very different once were out of this. And this was something I kept saying would never be totally affected.
 
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