News Cost Cutting Measures Coming Early 2025

[monothingie]

The problem is that the environment we are about to enter is not going to be a low interest rate environment.

That is counter to policy statements from the current administrations.

 

[monothingie]

They know. Their additions outside of EU have been profoundly underwhelming since the pandemic and all indications are they will continue to be so.

I can cherry pick a random point in time to offer a comparison as well. Because prior to the pandemic they were putting out significantly better product than WDW. It's an entirely cyclical development process.

They also have multiple areas that need to be addressed with new construction immediately but will be left to fester for the foreseeable future.

Simpsons land is gone and replaced with something new in the near future. They are already talking about phase 2 of EU to be in progress by the end of the decade.

Outside of EU, Uni is not doing better then WDW.

Comparatively speaking neither are doing better than they were pre-pandemic.

The only thing that they are equally doing better on is per-guest revenue, which seems to be the only thing that matters these days.

 

[Dranth]

That is counter to policy statements from the current administrations.

Lowering interest rates while still fighting inflation will cause inflation to heat up again. There is a reason we raise rates when inflation starts to run amuck.

Also, the President does not have the ability to change interest rates. They can't even remove the Fed chair (4-year terms) or Fed members (14-year terms) which is who controls rates so unless the new admin convinces them to change course, there isn't anything they can do. They can replace the chair next year (though he is a Trump appointee who was reappointed under Biden) but still would have the other members to deal with and with their 14-year staggered terms at most he can replace two before his term is up.

ETA: Just wanted to add that the fed has been consistently cutting rates slowly over the last year and will likely continue to so we are already heading down. We just aren't going to see massive cuts to get us back to virtually free money anytime soon.

 

[Disstevefan1]

Universal finishes construction in May. Universal did the smart thing and did a ton of construction during a cheap and low inflationary environment during the first year or so of Covid. Disney stupidly paused everything and cancelled everything instead of planning towards the future like Universal did.

Comcast is a larger corporation (by market cap) than Disney, so the “Disney was just doing what every responsible publicly traded company had to do” excuse doesn’t fly at all.

Totally agree, but we will see Disney will, actually, they MUST, make excuses when they fail to calm shareholders.

 

[Alice a]

In my experience running a hardware store in an area with decades-long, prolonged construction (downtown Charleston, SC) I’d be worried about construction timelines and cost due to the current administration’s deportation pledge.

About half the construction workers that come in our store/staff currently operating large construction companies are, delicately put, not native English speakers. Professional contractors/construction is 1/3 of our business.

If deportations go through, even just the threat if them, and workers leave, there’s going to be a shortage of experienced labor, which will likely raise costs and/or delay timelines.