News Disney plans to accelerate Parks investment to $60 billion over 10 years

[Sirwalterraleigh]

I'm not one to argue spy v. spy!

My folks are fairly concentrated in a few parts of the operation - so not quite a rock solid feed - but confidence in the DHS plans is much higher than it was a month or so ago.

That Villain Land unfortunately feels like something that will permanently be ten years away…

Well they really messed the “grand vision” up over there

I’d say it’s priority 2 behind Dak

 

[PREMiERdrum]

That Villain Land unfortunately feels like something that will permanently be ten years away…

Gun to my head, my personal assumption is that we end up getting Moana in AL and Coco in an expanded FL at MK and the AK work as planned, and the Dark Kingdom project is ultimately scaled down into the next DHS expansion.

But we'll see.

 

[PREMiERdrum]

Well they really messed the “grand vision” up over there

Cheers to that.

 

[ToTBellHop]

Gun to my head, my personal assumption is that we end up getting Moana in AL and Coco in an expanded FL at MK and the AK work as planned, and the Dark Kingdom project is ultimately scaled down into the next DHS expansion.

But we'll see.

I guess a villain attraction is better than nothing. And DHS is probably the better home.

 

[Wendy Pleakley]

Explain how they spent 10 years “building” in Orlando and have basically the same ride. Throughput?

It’s not just building…it’s meeting the demands of the park

What's the unmet demand though?

They still sell relatively cheap annual passes to fill in the gaps.

To me, the day they can fill every park with guests paying full price is the day they need more capacity.

 

[Sirwalterraleigh]

I guess a villain attraction is better than nothing. And DHS is probably the better home.

They need to put something in launch bay…preferably connecting it to sunset…

And just rip the bandaid off and reskin abramsland

“…but, but…”

Yeah. Everyone knows it. Based on 6 BAD movies…only 4 of which got made.

There’s a reason why the first three have sold hundreds of BILLIONS of licensed products…and it wasn’t because guys like me were waiting for emo hipster beards “modern take”

Use the KISS method here

 

[Sirwalterraleigh]

What's the unmet demand though?

They still sell relatively cheap annual passes to fill in the gaps.

To me, the day they can fill every park with guests paying full price is the day they need more capacity.

The current attraction capacity of the parks is just slightly over what it was in 2000 after the last main expansion. Maybe 10% increase total.
44,000,000 annual visitors

2018 saw about 58,000,000 visitors.

So the “deficiency” is trying to fit a net 24% increase into a 10% slot.
It’s why genie can’t be fixed…it’s why fastpass collapsed…it’s why they’re losing customers in a boom economy.

I swear…does everyone think I’m using 4th dimension math here?
It’s not a gimmick. Arithmetic

They’re LOSING customers. Which mean it’s not working…time to pivot

 

[Indy_UK]

OK no expectation on MK. That's reasonable.

Well at this current time it’s how long is a piece of string. 2 of the 3 lands have been removed and we don’t know how big they plan to go with the Villains. With all the land work that’s required your looking a good 5 years at least

 

[Disstevefan1]

The current attraction capacity of the parks is just slightly over what it was in 2000 after the last main expansion. Maybe 10% increase total.
44,000,000 annual visitors

2018 saw about 58,000,000 visitors.

So the “deficiency” is trying to fit a net 24% increase into a 10% slot.
It’s why genie can’t be fixed…it’s why fastpass collapsed…it’s why they’re losing customers in a boom economy.

I swear…does everyone think I’m using 4th dimension math here?
It’s not a gimmick. Arithmetic

They’re LOSING customers. Which mean it’s not working…time to pivot

All you say is true. But they are continuing to make more money at WDW right? They are selling out Genie+ and ILL a lot of the time.

I am on your side, but why should they do anything if folks are giving the their money?

 

[Drdcm]

The permit for the staging area for DAK construction is already filed.

The most advanced AAs have been built for TBA.

Yes, projects do get cut and scaled back, but they also get built.

TBA indicates they can work faster than the general tone of the thread will give them credit for.

I have high expectations of Disney… so I am no apologist, but if they want to move fast, they can I bet.

 

[Sirwalterraleigh]

All you say is true. But they are continuing to make more money at WDW right? They are selling out Genie+ and ILL a lot of the time.

I am on your side, but why should they do anything if folks are giving the their money?

There is absolutely no way they can make more revenue with price increases on declining attendance. It’s not possible…it never was…it’s quicksand. They know this. They have to get the gate back up.

If it’s genie doing this…and second to price I think it is…they have to overpower it.

All that nonsense about “luxury” and reducing attendance was a lie. Full stop. An excuse to cover the first cracks in Igerism pricing models in the mid 2010s they had time to watch it play then. They do not now. Outta rope.

 

[Sirwalterraleigh]

TBA indicates they can work faster than the general tone of the thread will give them credit for.

I have high expectations of Disney… so I am no apologist, but if they want to move fast, they can I bet.

It’s a reskin

But yes…they had to push it a bit because of the bad press from epic and their overall supremacy being questioned for the first time.

There is a way to move faster…PAY for it. It’s how construction is supposed to work. Incentives for completion…fees for delays.

Welcome to the United States 1930-present

 

[Drdcm]

It’s a reskin

But yes…they had to push it a bit because of the bad press from epic and their overall supremacy being questioned for the first time.

There is a way to move faster…PAY for it. It’s how construction is supposed to work. Incentives for completion…fees for delays.

Welcome to the United States 1930-present

Yeah that was kind of what I was getting at. I don’t expect them to be proactive. I feel like companies are typically reactive because being proactive has high costs and that isn’t appealing to shareholders.

The market will force them to adapt, and then the may attempt to do things quickly.

I fully expect Bob to bail out when that’s about to happen.

 

[PizzaPlanet]

Hey @lentesta I think we have a new Disney buzz word. The next cruise ship will be the “Disney Turbocharge”

 

[Tha Realest]

There is absolutely no way they can make more revenue with price increases on declining attendance. It’s not possible…it never was…it’s quicksand. They know this. They have to get the gate back up.

If it’s genie doing this…and second to price I think it is…they have to overpower it.

All that nonsense about “luxury” and reducing attendance was a lie. Full stop. An excuse to cover the first cracks in Igerism pricing models in the mid 2010s they had time to watch it play then. They do not now. Outta rope.

If you believe some of the anecdotal discussions, G+ is only part of the problem with wait times.

Do they have the courage to drastically confront the DAS problem?

 

[Ichabod Crane]

That Villain Land unfortunately feels like something that will permanently be ten years away…

The varying degrees of confidence on villains land on here makes for some fun drama haha.

 

[Sirwalterraleigh]

If you believe some of the anecdotal discussions, G+ is only part of the problem with wait times.

Do they have the courage to drastically confront the DAS problem?

I know That’s an issue…but lines were a cluster for the last 11 years

 

[SplashJacket]

Today feels like a pre-covid day on the forums.

Buzz, excitement, optimism, news, and rumors.

Spoiler: And, of course, the Average Response to Optimism

"I'll be shocked if they ever build it"
"What will it be like once it gets budget cut"
"Why do they take so long"
"It's still not enough"

 

[Sirwalterraleigh]

Today feels like a pre-covid day on the forums.

Buzz, excitement, optimism, news, and rumors.

Spoiler: And, of course, the Average Response to Optimism

"I'll be shocked if they ever build it"
"What will it be like once it gets budget cut"
"Why do they take so long"
"It's still not enough"

And that is all well deserved

The empty part of the glass and the full part

 

[Disstevefan1]

There is absolutely no way they can make more revenue with price increases on declining attendance. It’s not possible…it never was…it’s quicksand. They know this. They have to get the gate back up.

If it’s genie doing this…and second to price I think it is…they have to overpower it.

All that nonsense about “luxury” and reducing attendance was a lie. Full stop. An excuse to cover the first cracks in Igerism pricing models in the mid 2010s they had time to watch it play then. They do not now. Outta rope.

I hear you, but the numbers were up for WDW in the last quarterly report, right?

My opinion, they will not take action until the MONEY numbers change significantly.

Attendance alone used to be a good metric, but if they can make more MONEY from less people, they love that.