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

[doctornick]

Or Option C.

Which is?

 

[Gusey]

First expansion announced, going to Shanghai in the form of a new attraction located adjacent to Zootopia but separately themed

 

[BrianLo]

I knew about the previously mentioned Avatar “experience” for DLR which is why I was wondering how the talk seemed to morph into a whole land. So it is either than Iger misspoke (seems more likely) or perhaps it is possible if DLR actually develops DL Forward and expands the park space.

Since there is committed capital to DL Forward, my assumption is this is a DL Forward project. They are being purposefully wishy-washy until the ultimate approval in the Spring to reduce opposition.

They learned their lesson from the Eastern Gateway and four star hotel mishaps.

 

[BrianLo]

First expansion announced, going to Shanghai in the form of a new attraction located adjacent to Zootopia but separately themed

A multi-launch Vekoma coaster was what they purchased a while ago. Not the foggiest idea of a theme. It is going where Everest was earmarked many years ago. Not really as an actual planned attraction but as a pseudo-placeholder.

 

[MisterPenguin]

China's picking up half the cost, no?

 

[BrianLo]

China's picking up half the cost, no?

Yup, I believe 53%. Though it’s certainly part of their broader capex spend this cycle. HKDL should still have partial capex for whatever the Avengers attraction became.

I wasn’t interpreting that as a bad thing per se, though I’m sure someone is dying to trot out the tired #ThanksShanghai again.

Decade on decade one attraction compares favourably to the whole Shanghai resort being built out. Though I strongly suspect a second gate will materialize in ten years. Bob might even trigger it as a legacy thing since he really seems to associate himself with that resort.

 

[Gusey]

And if it's the rumored coaster, its budget is 2.459 billion CNY (342 million USD) - [Source]

 

[Andrew25]

Wouldn't surprise me if it's something like Cosmic Rewind. Seems like every resort is destined to get a version (rethemed or not) of it. It's great, easily interchangeable in theming and high-capacity.

 

[HauntedPirate]

Wouldn't surprise me if it's something like Cosmic Rewind. Seems like every resort is destined to get a version (rethemed or not) of it. It's great, easily interchangeable in theming and high-capacity.

"Cosmic Rewind - Now inducing nausea on multiple continents! Because dammit, we have to force you to look at things."

 

[yensidtlaw1969]

"Cosmic Rewind - Now inducing nausea on multiple continents! Because dammit, we have to force you to look at things."

Hopefully newer versions will actually offer something of substance to look at.

 

[HauntedPirate]

Hopefully newer versions will actually offer something of substance to look at.

Or just don't force rotation and make the show scenes visible without it.

 

[MisterPenguin]

Or just don't force rotation and make the show scenes visible without it.

That would then be... a coaster.

 

[HauntedPirate]

That would then be... a coaster.

Yep. I was surprised to discover that they have been thrilling and delighting guests for decades without forced, nausea-inducing rotation. Learned something new today!

 

[Elizabeth Swann]

 

[GhostHost1000]

So now only half will be spent on parks and resorts worldwide. Anyone else surprised?

 

[Jrb1979]

So now only half will be spent on parks and resorts worldwide. Anyone else surprised?

Does that mean only $8.5 billion of the proposed $17 billion investment into WDW is going to added capacity.

 

[Rosso11]

It says right on top 70% is for expansion so Im reading it as 50% is expansion of parks and 20% expansion of ships 30% is maintenance of parks and technology. Am I wrong? We always knew some was for the cruise line and some had to be for regular maintenance.

 

[GhostHost1000]

Does that mean only $8.5 billion of the proposed $17 billion investment into WDW is going to added capacity.

Well it’s parks AND resorts so who knows where some of that could go...could even be things like new fort wilderness trailers.

 

[Unbanshee]

It says right on top 70% is for expansion so Im reading it as 50% is expansion of parks and 20% expansion of ships 30% is maintenance of parks and technology. Am I wrong? We always knew some was for the cruise line and some had to be for regular maintenance.

I would be careful when reading "maintenance" as being theme parks maintenance. It is separate from theme parks for a reason

 

[Starship824]

I would be careful when reading "maintenance" as being theme parks maintenance. It is separate from theme parks for a reason

Maintenance for what then?