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

[eddie104]

Because

1) there have been scant specifics on those numbers,
2) the granular details keep changing,
3) “capacity” can mean a great many things to different people.

To that last point, when the GP hears “capacity increase,” they think, “new rides and attractions!” But does a ride that replaced, say, Primeval Whirl increase capacity? They’re down in terms of capacity from where they were. Does a replacement attraction that is more popular and in demand than what it replaced an increase in “capacity,” even though the THRC for both old and new attractions is 1:1? Some would argue they are.

Do exclusive enclaves such as DVC lounges or DVC resorts increase capacity? Some would argue yes.

Replacements can count as capacity increases.

However there is not many rides left to replace so that’s not moving the needle.

We hope they add capacity and not just new DVCs over the next 20 years.

20 years is a long time. I will mostly likely be dead or if I am alive I will not be going to WDW.

DVC’s are not gonna absorb billions of dollars.

About 70% of the overall $60 billion is earmarked for new experiences but a good part of that is going to building new cruise ships and the rest is spread out across all the theme parks, hotels, restaurants. So it’s not being obtuse to think that WDW isn’t getting a lot of shiny new toys to be impressed about. New stuff and rides? Absolutely, those things being well funded and living to their full potential? Time will tell.

How many more hotels do they think they are going to build with current glut of capacity at this resort?

Cruise ships are irrelevant to WDW so why bring that up?

 

[Dranth]

but a good part of that is going to building new cruise ships

What is a good part? They could double the entire fleet for 10% of that.

 

[Disstevefan1]

Because

1) there have been scant specifics on those numbers,
2) the granular details keep changing,
3) “capacity” can mean a great many things to different people.

To that last point, when the GP hears “capacity increase,” they think, “new rides and attractions!” But does a ride that replaced, say, Primeval Whirl increase capacity? They’re down in terms of capacity from where they were. Does a replacement attraction that is more popular and in demand than what it replaced an increase in “capacity,” even though the THRC for both old and new attractions is 1:1? Some would argue they are.

Do exclusive enclaves such as DVC lounges or DVC resorts increase capacity? Some would argue yes.

We liked Primeval Whirl.

 

[Disstevefan1]

DVC’s are not gonna absorb billions of dollars.

I hope not. Lets see what happens.

 

[DisDude33]

Replacements can count as capacity increases.

However there is not many rides left to replace so that’s not moving the needle.

DVC’s are not gonna absorb billions of dollars.


How many more hotels do they think they are going to build with current glut of capacity at this resort?

Cruise ships are irrelevant to WDW so why bring that up?

Because I was addressing the overall company wide $60 billion investment to parks and experiences which involves hotels and cruise ships.

They will definitely be building hotels with the money but probably not at WDW but it also wouldn’t surprise me if they did because they love to do that and then wonder why they have trouble with low capacity.

 

[Tha Realest]

DVC’s are not gonna absorb billions of dollars.


How many more hotels do they think they are going to build with current glut of capacity at this resort?

speculation is neck and neck over whether the Adventureland expansion pad is going to be a Moana attraction or an exclusive DVC, so…

 

[eddie104]

speculation is neck and neck over whether the Adventureland expansion pad is going to be a Moana attraction or an exclusive DVC, so…

I think you’re confused the plot of land for the hotel and attraction are different.

 

[Disstevefan1]

I think you’re confused the plot of land for the hotel and attraction are different.

I would not be surprised if Disney tries to jam a DVC tower where ever they can.

 

[doctornick]

How is that different from any other business on the planet? Any location within the US is going to have permitting restrictions, building code requirements, traffic impact studies, environmental plans/restrictions. But I don't know of any business anywhere that there are restrictions on in the broad sense saying a company isn't allowed to invest in their property.

I agree. It isn't any different. I mean, the CFTOD has a specific structure and process but I was responding to posts that made it sound like Disney needed permission to spend money on WDW.

 

[eddie104]

I would not be surprised if Disney tries to jam a DVC tower where ever they can.

Well luckily I don’t think any plans are on the table any time soon.

It’s not like DVC is doing gangbusters right now with current demand.

 

[BrianLo]

This is all talk.

No... it's not talk now. It's contract law. There will be a audit after 10 years.

The company intends to spend 17 billion over 1 decade. But they have to spend it over two. Which is in fact better than when they didn't have to do anything at all. That's when it was all talk and potentially just political talking points.

 

[BrianLo]

About 70% of the overall $60 billion is earmarked for new experiences but a good part of that is going to building new cruise ships and the rest is spread out across all the theme parks, hotels, restaurants. So it’s not being obtuse to think that WDW isn’t getting a lot of shiny new toys to be impressed about.

I mean, if not obtuse it is downplaying it. We know what the numbers are exactly for WDW. We don't need to talk about cruise ships to distract from the figures. 12 billion is new capital at WDW - an additional 5 billion is maintenance.

12 billion, if actually spent in a decade, would represent a fairly major uptick in investment. Upwards of 50% decade on decade even accounting for inflation and Disney's ability to spend more for less. Make a list of what they built last 'decade' (2013-23) and add 50% more. Implying it is next to nothing, is silly.

 

[Bocabear]

No... it's not talk now. It's contract law. There will be a audit after 10 years.

The company intends to spend 17 billion over 1 decade. But they have to spend it over two. Which is in fact better than when they didn't have to do anything at all. That's when it was all talk and potentially just political talking points.

they might really have to after Epic Universe opens... Trees and seating and a new Meet and Greet pavilion in EPCOT are not going to drive attendance...and anything else is going to be realistically 2027-28 at the earliest

 

[Davidb1]

No... it's not talk now. It's contract law. There will be a audit after 10 years.

The company intends to spend 17 billion over 1 decade. But they have to spend it over two. Which is in fact better than when they didn't have to do anything at all. That's when it was all talk and potentially just political talking points.

They are obligated to spend $8 billion in 10 years. There is nothing that obligates them to spend anything more than that in the next 10 - 20 years.

 

[Disstevefan1]

No... it's not talk now. It's contract law. There will be a audit after 10 years.

LOL, I can hardly wait, LOL, LOL.

How many theme parks will Universal have in 10 years I wonder...

 

[BrianLo]

LOL, I can hardly wait, LOL, LOL.

How many theme parks will Universal have in 10 years I wonder...

The same three we already know about...? There's no fourth gate coming on any sort of timeframe. Both companies have very similar capital plans upcoming.

We'll be lucky if USF is still not the worst gate come 2033.

 

[Disstevefan1]

The same three we already know about...? There's no fourth gate coming on any sort of timeframe. Both companies have very similar capital plans upcoming.

We'll be lucky if USF is still not the worst gate come 2033.

Who knows. Time will tell. I am not hopeful for WDW. I hope I am proven wrong. Maybe after Iger is out there we will get someone who will focus more on what actually makes money for TWDC like theme parks.

 

[Tha Realest]

No... it's not talk now. It's contract law. There will be a audit after 10 years.

If the last three years of the RCID/CFTOD saga has taught us anything, it’s that contracts can be amended

 

[eddie104]

No... it's not talk now. It's contract law. There will be a audit after 10 years.

The company intends to spend 17 billion over 1 decade. But they have to spend it over two. Which is in fact better than when they didn't have to do anything at all. That's when it was all talk and potentially just political talking points.

That’s the one thing I’m actually happy to come out this whole Reedy Creek debacle.

Disney no longer has the ability to just “coast” on the sidelines but actually has to show they are committed to investing in Florida.

We can also thank Epic Universe for that as well because the competition is definitely gonna heat up the next decade in the Orlando market.

 

[John park hopper]

Contacts can be amended, rescinded when Disney leadership changes priorities change--- 10 -20 years is a long time. Anyone who thinks it is written in stone Disney is obligated to spend 60 billion is fooling themselves.