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

[JoeCamel]

Shanghai does not need a second gate...The park is underdeveloped...There is plenty of space for new attractions there...

Didn't stop them before

 

[EPCOT-O.G.]

Shanghai does not need a second gate...The park is underdeveloped...There is plenty of space for new attractions there...

When has Bob Iger ever said no to China?

 

[EPCOT-O.G.]

He might be referring to this:
View attachment 774413
Though, this doesn't really disprove concerns that much of it could go to DVC and resort improvements. Luckily, $30 Billion is a lot of money. Disney could add a new DVC every year of the ten year plan, and still have plenty of money for parks investment.

It also provides breathing room for a 2nd park at Shanghai Disney Resort. Because their government partners are coughing up roughly 60% of the money, Disney could devote $3-4 Billion to Shanghai, and get a fantastic second gate, new resorts, and additions to the first park.

The people that should be happiest with this chart are Disney Cruise Line fans. One of the tricky things about this capital-allocation plan is when exactly it starts counting. Presumably, delivery fees for the three cruise ships already under construction will be counted towards the $12 Billion. That eats up some of the cash. Disney might also allocate money to build more physical infrastructure (cruise terminals, private islands, piers). But I think we could see 3-4 additional ships added by the end of the period. That would push DCL fleets to 11-12. That's just a speculative guess though.

Thanks for sharing. Still waiting for @peter11435 to tell us what “chart” people are being misleading about. It’s pretty bad form to call out others for acting in bad faith but refusing to share the source material he’s claiming is being misrepresented.

 

[EricsBiscuit]

I don’t think they’re going to make any big announcements until they sell a lot of tickets for D23 at the earliest.

 

[Gusey]

Shanghai have already announced that they are focusing on expansion pad 3 (between Zootopia and Tresure Cove), so we won't be hearing about a Shanghai 2nd gate for a while

 

[Bocabear]

Didn't stop them before

That's partially why they are in this mess... keep opening new gates to spread people around ands before you know it you have a bunch of underbuilt parks that all need more investment...

 

[WoundedDreamer]

Shanghai have already announced that they are focusing on expansion pad 3 (between Zootopia and Tresure Cove), so we won't be hearing about a Shanghai 2nd gate for a while
View attachment 774448

No doubt, in the short term the new hotel and this attraction will be the focus of spending. But by the end of the ten-year period, we should see a new park. I'd be willing to bet on it. Disney has billions to spend.

 

[Jumping Fountains]

I don’t disagree, but I also don’t think they will apportion an equal amount to each park. I don’t think they’re doing anything more with Epcot unless they absolutely have to. (Did you hear something? That sounds like the rickety clunk clunk clunk you hear every time you ascend or descend SSE).

We figure *something* is happening at DAK. They also just built SWGE and MMRR at DHS, so while they do need some added capacity, I’m not sure of the appetite there.

I figure MK, then DAK, then DHS, then maybe something at Epcot?

Makes sense though it’s so infuriating that Epcot is done. Feels like a travesty with respect to the time things have been under construction and results. So little to show for all the disruption and in some cases the replacements are worse/cheaper than what came before (e.g., the planters that are replacing the fountain etc).

 

[Bocabear]

In the end, if they had spent the money on the SSE redo, Mary Poppins, A new Country Pavilion, and Imagination complete overhaul and left the whole central spine the way it was except for refurbishing ( modernizing) the Communicore East and West Buildings I would have been much happier....Instead of the corporate urban park, water play area, and partial replacement building that matches nothing else that we ended up with. If we all felt like this infrastructure was the beginning of something amazing that was coming...it would be easier to swallow... but 5 years of construction, I think most people are like... Ok.... more trees and benches.....and still a major pavilion shuttered and lots of cancelled projects...and not much coming up.

 

[denyuntilcaught]

Shanghai have already announced that they are focusing on expansion pad 3 (between Zootopia and Tresure Cove), so we won't be hearing about a Shanghai 2nd gate for a while

Fair, but then again Shanghai also seems to go through expansions relatively quickly - back-to back even, compared to domestic parks which seem to go eons between significant announcements.

 

[SamusAranX]

And let’s see what and how long it’s gonna take?
And bob is still trying to save his …maybe that will sink in by 4/3? (But I doubt it)

Now now, the dusters are right. Saying you’re skeptical and “we shall see” is the exact same as making an ironclad prophecy that the money will never be spent at the parks

 

[Sirwalterraleigh]

Now now, the dusters are right. Saying you’re skeptical and “we shall see” is the exact same as making an ironclad prophecy that the money will never be spent at the parks

Well i’m always wrong

Look at all he built…with near net zero added seats

 

[JoeCamel]

In the end, if they had spent the money on the SSE redo, Mary Poppins, A new Country Pavilion, and Imagination complete overhaul and left the whole central spine the way it was except for refurbishing ( modernizing) the Communicore East and West Buildings I would have been much happier....Instead of the corporate urban park, water play area, and partial replacement building that matches nothing else that we ended up with. If we all felt like this infrastructure was the beginning of something amazing that was coming...it would be easier to swallow... but 5 years of construction, I think most people are like... Ok.... more trees and benches.....and still a major pavilion shuttered and lots of cancelled projects...and not much coming up.

I can tell you haven't seen the basement they rebuilt, do you know how hard it is to build a basement in a swamp?

They dreamt it and they did it.......

 

[cjkeating]

Fair, but then again Shanghai also seems to go through expansions relatively quickly - back-to back even, compared to domestic parks which seem to go eons between significant announcements.

Shanghai has just opened its first expansion after 7 nearly 8 years. Toy Story Land can't be counted as a true expansion as it was due to open with the park but budget cut when the park went massively over budget.

Yes the next project is starting now but it is still a few years away and likely running close to it's original schedule whilst Zootopia was delayed due to COVID.

 

[Gusey]

Fair, but then again Shanghai also seems to go through expansions relatively quickly - back-to back even, compared to domestic parks which seem to go eons between significant announcements.

First expansion was Toy Story Land in 2018, the second was Zootopia in 2023, 5 years later. Wouldn't exactly call that back-to-back or going through expansions quickly.

People often forget when looking at the International Parks that they have also not had a great track record when it comes to speed between announcement and opening. Hong Kong's Frozen opened nearly 7 years (November 20, 2016 to November 22, 2023) after it was announced. Fantasy Springs will open nearly 6 years after it was announced (June 14, 2018 to June 6, 2024) and Paris's Frozen will open after over 7 years (announced February 2018)

 

[lazyboy97o]

Shanghai has just opened its first expansion after 7 nearly 8 years. Toy Story Land can't be counted as a true expansion as it was due to open with the park but budget cut when the park went massively over budget.

Yes the next project is starting now but it is still a few years away and likely running close to it's original schedule whilst Zootopia was delayed due to COVID.

Toy Story Land was never going to open with the park. They had to wait for Hong Disneyland’s exclusivity to end.

 

[Sirwalterraleigh]

I can tell you haven't seen the basement they rebuilt, do you know how hard it is to build a basement in a swamp?

They dreamt it and they did it.......

…winner…hands down

 

[Sirwalterraleigh]

Shanghai has just opened its first expansion after 7 nearly 8 years. Toy Story Land can't be counted as a true expansion as it was due to open with the park but budget cut when the park went massively over budget.

Yes the next project is starting now but it is still a few years away and likely running close to it's original schedule whilst Zootopia was delayed due to COVID.

Right…footers and computer fabricated Steel and rockwork take years…

They’ll have notre dame rebuilt in the time it takes to get Nick Wildes Zany Trackless Ride online…

 

[Sirwalterraleigh]

Toy Story Land was never going to open with the park. They had to wait for Hong Disneyland’s exclusivity to end.

It’s tricky negotiating with the Central Committee about things owned by the Central Committee

 

[Bocabear]

Fair, but then again Shanghai also seems to go through expansions relatively quickly - back-to back even, compared to domestic parks which seem to go eons between significant announcements.

Shanghai needs to expand the current park because the park opened needing more attractions... If you go to the park you will see how much space there is between the attractions...how much room for expansion before you need a second gate. Building another new park is not the plus that some seem to think...The new infrastructure is outrageously expensive, and if you have a gigantic park with plenty of room for expansion, why bother? It is not actually going to double your business... not until your first park has a full slate of attractions that are maxed out...WDW has started the last three parks underbuilt and has never really finished fleshing a single one out. Disneyland has more attractions than the Magic Kingdom...in a smaller park.... Shanghai should keep adding attractions to the existing park...it is massive...