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News Disney plans to accelerate Parks investment to $60 billion over 10 years
- Thread starter CaptainAmerica
- Start date
Then you haven't been paying attention the last few months.
Iger has been dropping hints left and right. Disney is going to be a leaner company two years from now that focuses on its "core businesses," and its core businesses are theme parks and content-creation.
SplashJacket
Well-Known Member
I don’t see them building more ships until the 3 in the pipeline settle for a couple years. Ten years is 2034, so I could absolutely see more ships included in that $60,000,000,000, but I don’t necessarily that being imminent. If the Asian Disney Adventure is successful, I could easily see them building out a couple more for an Asian fleet, especially to better capture the Japanese and Korean markets and perhaps Australian more full-time.
A full-scale Hong Kong port development could also be a possibility to bolster the resort overall, but I would expect that towards the end of the 10-year timeframe, and really less than 10% of their overall planned spend.
TheMaxRebo
Well-Known Member
I did do the math (based on the footprint of Bay Lake Tower) and this is room for approximately 87 DVC Towers
SplashJacket
Well-Known Member
Universal is doing the same thing. Transitioning more towards Destinations and Experiences (hence the rebrand) and away from their traditional media revenue streams. Hence why their plans won’t end with Epic Universe and they’re just the beginning.
Disney should’ve realized it earlier, but they do now, and they’ll be making the same transition.
Disney should’ve realized it earlier, but they do now, and they’ll be making the same transition.
bmr1591
Well-Known Member
Now, everything will have its own popcorn scent. Lean in and smell Mickey's... oh, umm, wrong forum.
TheMaxRebo
Well-Known Member
What we really need is less talking, and more shovels in the groundAnd sooner, rather than later.
absolutely - also makes next year's D23 event that much more interesting
I do think giving concrete numbers to Wall St like this means they have to do something directionally like what they are saying. Obviously can be some adjustments but you can't tell investors something like this and then do next to nothing or you could be sued for misleading investors
el_super
Well-Known Member
Successful parks need high utilization of capacity. That means going back and returning areas that don't pull in as many guests.
I'd think a solution to the COP/Stitch/Laugh Factory Tomorrowland would probably be high on their list to recover more capacity.
SplashJacket
Well-Known Member
Instead of Media (movies, shows, streaming) being viewed as a primary revenue source, they’re transitioning towards later streams for their cash flows. So parks, merchandise, cruises, etc.
The media is just a outlet of relevancy for the brand and the parks (effectively an advertisement) the parks are what actually (and even more so once they fully commit to this transition) makes the company money.
It’s not, how well did the movie do, it’s how will did it sell merchandise and drive business towards the parks/bolster the brand.
The media is just a outlet of relevancy for the brand and the parks (effectively an advertisement) the parks are what actually (and even more so once they fully commit to this transition) makes the company money.
It’s not, how well did the movie do, it’s how will did it sell merchandise and drive business towards the parks/bolster the brand.
bmr1591
Well-Known Member
I know it's been mentioned before, but I'll bring it up again. CoP and IASW need to be moved to EPCOT. It fits the theme of the park so much better. That would open up so much space for them to do new things that are thematically more appropriate for those areas of the parks.
doctornick
Well-Known Member
This is what frustrates me about DLR vs WDW (and I enjoy both quite a bit).
They will probably go out of their way to squeeze in every last bit to DLR with Disneyland Forward using every nook and cranny available to actually expand those parks. Keeping what is there, doing some crazy stuff with parking or other logistics as needed. Yes, they occasionally replace underperforming stuff (e.g. Bug's Land) but by ant large they are willing to spend a ton of money to do Tetris like moves to fit in more things like SW:GE and MMRR even if it is a big hassle (like having to transport in the horse every day for Main St).
In WDW, they have tons of space and could easily make additions without minimal disruptions. Yet we see constant replacements instead of new builds. Even though there is "the blessing of size". And there remains unused structures like SGE or WoL that could be used. How have they invested billions in DAK, Epcot and DHS in recent years and the ride capacity is stagnant? They want to increase attendance but have no consideration to where those guests are actually supposed to go.
It was one of the reason why I was excited to see Lake Nona as having WDI and other park related things have a heavier presence in Florida would likely help actual development in WDW in a sensible way. It's clear that Imagineers visit DL and "get" what needs to be done there, but then build stuff at WDW that seems like they have never stepped into those parks (e.g. TSL with no shade at all).
In my opinion there is absolute zero chance of that happening. Anything being done will be based on IP, which neither of those attractions have. Moving them would cost a fortune, and is not marketable as anything new.
The WDW resort was 16 of this planned months ago for the next ten years.
California for the next ten years
Cruiselines for the next ten years
Worldwide Resorts for the next ten years.
Its Disney spending what they should be doing, if they do it. But as said, how they spend it matters most.
California for the next ten years
Cruiselines for the next ten years
Worldwide Resorts for the next ten years.
Its Disney spending what they should be doing, if they do it. But as said, how they spend it matters most.
bmr1591
Well-Known Member
I don't disagree, I just wish it would happen.
TheMaxRebo
Well-Known Member
I can't see them ever moving IASW - they have those at just about every Castle park around the work, it is just associated with Disneyland/Magic Kingdom
Now CoP I could theoretically see moved - be it EPCOT or even to like a "Walt Disney museum" or similar (then less pressure to update it, just keep it more as a museum element)
not holding my breath or anything
TheMaxRebo
Well-Known Member
Iger just started following Bioreconstruct on twitter and got his mind blown
CJR
Well-Known Member
Although refreshing, I don't imagine Florida will see substantial investment beyond the already announced $17 billion. We'll see, but I'm not going to hold my breath. Would love to be wrong.
I see them moving forward with their west coast plans and lots of international work.
I'd personally love a third US resort, allowing for a modern domestic spin on the castle park concept, but they seem against the idea.
There could also be more cruise ships coming to retire Magic and Wonder, towards the end of the decade. I don't think they'll hit four decades at sea, but they are very well maintained.
I see them moving forward with their west coast plans and lots of international work.
I'd personally love a third US resort, allowing for a modern domestic spin on the castle park concept, but they seem against the idea.
There could also be more cruise ships coming to retire Magic and Wonder, towards the end of the decade. I don't think they'll hit four decades at sea, but they are very well maintained.
