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

[Lilofan]

My uncle told me 50 years ago that if you invest, remember it is for the long term. On 10/9/07 the dow was at 14,164--the mortgage meltdown hit so by 3/6/09 the dow bottomed out at 6469. If you stayed the course by 8/26/13 the dow hit a new high at 16,072. Today, even after a horrific crash, the dow is 39,000. I go back to my Uncle, investing is for the long term. By the way, I am retired with almost all my retirement funds in the stock market and will stay the course -- I just have made a vow to myself to not look at my portfolio for a couple of months.

The ideal time to buy on the dip and buying real estate in general was in recession time 2009,10,11. When many were suffering like in job losses, home foreclosures, etc it was a true fire sale on buying on the cheap.

 

[Lilofan]

I'm worried about the cast members, whether in their call centers or attractions; their jobs are at risk due to markets and declining economic conditions, especially in their call centers, which can be outsourced. DIS pays higher than other employers in the area.

Bingo

 

[Disstevefan1]

If some others think a company can support all on the payroll with declining attendance then they must be in Wonderland.

Revenue continues to go up with less attendance due to the increased per capita spending.

Will Disney use lower attendance as an excuse to cut staff even though revenues are up? You bet ya.

 

[Andrew C]

Don't blame me, I voted for Kodos.

Don't make me Google things....

 

[Lilofan]

I’m not even going to try to time the bottom on this.

I’m buying the whole way down.

If you have the cash , all the power to you. When the markets go back up after this tariff bloodbath, your monies will surely be working harder than you do. How we got in this mess is that many fell hook line and sinker ..

 

[Lilofan]

Revenue continues to go up with less attendance due to the increased per capita spending.

Will Disney use lower attendance as an excuse to cut staff even though revenues are up? You bet ya.

This is a way that execs shine in times of darkness. Make moves that unfortunately effect people’s lives but in the end it is their job to navigate these certain waters. Wall Street loves this and execs are handsomely rewarded in performance.

 

[Disstevefan1]

This is a way that execs shine in times of darkness. Make moves that unfortunately effect people’s lives but in the end it is their job to navigate these certain waters. Wall Street loves this and execs are handsomely rewarded in performance.

Sad but true and ironically, no matter what happens, these overpaid execs have enough money for multiple lifetimes.

 

[lazyboy97o]

I want whatever delusion you're having.

We’re going to make the penguins pay!

Norwegian has one that does just Hawaii itineraries (or at least had, haven’t stayed current on cruise happenings since Covid), but yeah, unlikely that any major line adds any more.

That’s why it was flagged in the US, so that it could just go between US ports.

What current course? I see a market reaction to new policy. We will see in the coming months how it all adjusts....

The impact of massive tariff hikes isn’t some unknown. History is pretty consistent.

 

[Lilofan]

I don't know. I think even upper middle class is going to rethink extravagant vacation spending, or at least reduce the amount of trips taken. Expect a lot more special offers over the next couple of years, if things stay the current course.

During the recession on 2009-11 some of the wealthy in my area sold back a number of their toys back to the dealers , pulled their kids out of private schools and or foreclosed on their big homes when they were laid off. Going on vacation was an afterthought.

 

[Sirwalterraleigh]

Yes those things did get people into the parks. The setup of the parks was similar to regional parks, where it was setup to get a large amount of people in each day who would buy food and merch. The tickets while expensive, weren't the barrier like they are now.

It’s time for the reminder that cedar fair is NOT a good comp for Orlando

I have buzz price’s book somewhere if you want to read it?

 

[monothingie]

Question: Do the food and merch items in the different countries at World Showcase have increased prices due to the tariffs? Some more than others?

 

[Jrb1979]

It’s time for the reminder that cedar fair is NOT a good comp for Orlando

I have buzz price’s book somewhere if you want to read it?

I'm not saying it is. All I'm saying is Disney parks were built like Cedar Fair parks in that they need big crowds to operate properly.

 

[Sirwalterraleigh]

I'm not saying it is. All I'm saying is Disney parks were built like Cedar Fair parks in that they need big crowds to operate properly.

With the exception of Disneyland…disney parks were designed that way long before the shovel hit the Ground

Regional parks were not so…they just add 3 new coasters every 10 years that take up more space

 

[hopemax]

I want whatever delusion you're having.

I think the tell is in the username...

Someone may think they have economic literacy, they clearly don't have any literacy regarding history. This game has been played in the 1930s and the 1820s. One of my favorite sci-fi based lines is from Kosh from Babylon 5, "The avalanche has already started it is too late for the pebbles to vote." It should be clear we are pebbles. What is probably less clear is that Disney and Comcast are also pebbles. Heck, even [redacted] and [also redacted] are also pebbles, despite their net worth and roles in kicking off the avalanche. This is going to challenge the capabilities of even incredibly knowledgeable and capable people, let alone anyone else. And nothing like whatever economic headwinds people have survived in the last 50 years.

 

[mysto]

Parks investing should be an ongoing thing, not a big splash. Go slow and follow through no matter what happens. The current construction plans are budgeted, lets hope they don't steal all the quatloos again. Because reasons.

The Federal budget should be similar. 45 years of deficit spending won't be addressed over the weekend. Good luck all.

 

[Disstevefan1]

tomato, tomato, potato, potato.

THANKS! NOW I AM HUNGRY!

 

[Sirwalterraleigh]

Parks investing should be an ongoing thing, not a big splash. Go slow and follow through no matter what happens. The current construction plans are budgeted, lets hope they don't steal all the quatloos again. Because reasons.

The Federal budget should be similar. 45 years of deficit spending won't be addressed over the weekend. Good luck all.

You mean like the prior, better management did for 50 years and what built profit juggernauts?

What an idea

 

[lazyboy97o]

Parks investing should be an ongoing thing, not a big splash. Go slow and follow through no matter what happens. The current construction plans are budgeted, lets hope they don't steal all the quatloos again. Because reasons.

How do you budget for completely erratic and nonsensical price increases based on nothing grounded in reality?

 

[Sirwalterraleigh]

How do you budget for completely erratic and nonsensical price increases based on nothing grounded in reality?

…man…I can FEEEELLL your anger

Now…strike JD down and your journey toward the DARK SIDE will be complete

 

[Trauma]

During the recession on 2009-11 some of the wealthy in my area sold back a number of their toys back to the dealers , pulled their kids out of private schools and or foreclosed on their big homes when they were laid off. Going on vacation was an afterthought.

The people you are describing are not wealthy.

They just sound like highly payed employees who thought the good times last forever.

If you can’t pay cash for something, you shouldn’t own it.