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

[UNCgolf]

Best? Very debatable. My family’s ranking would go Cosmic Rewind, Ratatouille, Frozen Ever After, Soarin, Test Track, then maybe Spaceship Earth lumped in with the remainder.

Of course, it's always subjective. SSE is easily the best ride at EPCOT for me now, though (in EPCOT's prime, it was still in the running as the best attraction there but was also arguably only top 5 because the park was so loaded).

Ratatouille is fine but mediocre. Cosmic Rewind is a fun coaster but a bit of a failure from a themed attraction perspective. Soarin' is good for what it is. Test Track is pretty fun, but I thought the earlier version was better, and neither are anywhere near as good as what they replaced. Frozen Ever After is quite bad IMO.

I'd probably rank the current top 5 rides at EPCOT as SSE, Living with the Land, Soarin', Test Track, and then Ratatouille, I guess, but the first four are the only ones I really care about riding (Cosmic Rewind is a quality coaster, but I just don't care very much about roller coasters unless they're heavily themed and CR missed the mark there).

 

[DonniePeverley]

So can anyone clarify if Disney are going to spend 6 billion a year on the parks?

As a follow up will this be for all 10 Disney parks around the world ?

 

[Basil of Baker Street]

Of course, it's always subjective. SSE is easily the best ride at EPCOT for me now, though (in EPCOT's prime, it was still in the running as the best attraction there but was also arguably only top 5 because the park was so loaded).

Ratatouille is fine but mediocre. Cosmic Rewind is a fun coaster but a bit of a failure from a themed attraction perspective. Soarin' is good for what it is. Test Track is pretty fun, but I thought the earlier version was better, and neither are anywhere near as good as what they replaced. Frozen Ever After is quite bad IMO.

I'd probably rank the current top 5 rides at EPCOT as SSE, Living with the Land, Soarin', Test Track, and then Ratatouille, I guess, but the first four are the only ones I really care about riding (Cosmic Rewind is a quality coaster, but I just don't care very much about roller coasters unless they're heavily themed and CR missed the mark there).

Last few times I have been on SSE, stoppages are quite frequent. It really hurts the experience.

 

[Bocabear]

I just saw this today... Looks like 17 billion approved and the overseeing board approved a 5th park and 2 monor parks ( water park) and more hotel and dining... But that was just the district approving them to do it if they wanted to in the next 20 years.... It is not saying anything is actually happening, but they are approved for that amount of growth....

Disney set to invest up to $17B in Florida parks now that fight with DeSantis appointees has ended

Months after Disney and Gov. Ron DeSantis’ appointees agreed to end their legal fight, the two sides are set to approve an agreement that could result in the company investing

www.register-herald.com

 

[UNCgolf]

Last few times I have been on SSE, stoppages are quite frequent. It really hurts the experience.

Oh it definitely needs work -- it just doesn't need any changes to the scenes themselves (at least until the modern era/descent).

 

[doctornick]

Last few times I have been on SSE, stoppages are quite frequent. It really hurts the experience.

Couldn't that be due to needing to be stopped for loading (people in wheelchairs, etc) since it is an omnimover, as opposed to mechanical issues?

 

[MisterPenguin]

So can anyone clarify if Disney are going to spend 6 billion a year on the parks?

As a follow up will this be for all 10 Disney parks around the world ?

$60B world wide for parks and cruise.

$17B (at least) for WDW over 15 years.

 

[Basil of Baker Street]

Couldn't that be due to needing to be stopped for loading (people in wheelchairs, etc) since it is an omnimover, as opposed to mechanical issues?

Could be. I have no idea.

 

[DonniePeverley]

$60B world wide for parks and cruise.

$17B (at least) for WDW over 15 years.

Will that 17 billion include normal operating costs? Or is it fresh investment?

Furthermore how much does it cost to implement a new theme park - ala Epic Universe?

 

[LSLS]

$60B world wide for parks and cruise.

$17B (at least) for WDW over 15 years.

Wait, did you just write it wrong or did I miss they changed this from 10 years to 15 years?

 

[MisterPenguin]

Wait, did you just write it wrong or did I miss they changed this from 10 years to 15 years?

The new District agreement made it 10-15 years.

 

[JoeCamel]

Will that 17 billion include normal operating costs? Or is it fresh investment?

Furthermore how much does it cost to implement a new theme park - ala Epic Universe?

I can't believe I am responding but this is a reasonable question

My understanding is that it includes what is currently being spent but the official line is that it will be used to "increase capacity". In either case the one who said it has one foot out the door even if he wants to stay and circumstances change.
I thought they were blaring the number to remind Florida how much money the mouse spends in the state with the veiled inference that much of that might go away.

Personally I am a fan of burn it all down and would like to see WDW suspend operation for 1 year to watch how big a hole gets blown in the state budget.

About ~6B to build a park but land acquisition and land prep along with permitting issues can wildly skew that number

 

[eddie104]

Personally I am a fan of burn it all down and would like to see WDW suspend operation for 1 year to watch how big a hole gets blown in the state budget.

No reason for this now.

 

[MisterPenguin]

No reason for this now.

It's a warning.

It is much safer to be feared than loved -Machiavelli

 

[eddie104]

It's a warning.

It is much safer to be feared than loved -Machiavelli

Yes but that would be punishing employees unnecessarily for some political clout.

 

[MisterPenguin]

Yes but that would be punishing employees unnecessarily for some political clout.

We're joking. At least I am. I don't know about @JoeCamel, he's psycho.

 

[JoeCamel]

We're joking. At least I am. I don't know about @JoeCamel, he's psycho.

I learned at the knee of @George

 

[JoeCamel]

Yes but that would be punishing employees unnecessarily for some political clout.

Universal is hiring........

 

[MisterPenguin]

Universal is hiring........

 

[BrianLo]

Will that 17 billion include normal operating costs? Or is it fresh investment?

Furthermore how much does it cost to implement a new theme park - ala Epic Universe?

12 Billion is for fresh Capital expansion. 5 Billion is for maintenance.

Some of it is pretty straightforward. The Big Thunder re-track is maintenance. Encanto is expansion.

Are they passing off the Country Bears as the former or latter? Not sure. But it is supposed to represent capital expansion of guests. It probably comes down to tax planning and in reality Country Bears would fall a bit into both buckets on the filings.


Epic is probably coming in around 5-6, or maybe a bit more. So Disney is aiming for two Epic's worth over 10 years (committed to a max of 15 with the district). Before everyone gets new gates dancing in their dreams - Last decade Disney probably built/spent around 1.5-1.6 Epic's resort wide. Some of that was eroded to inflation so now about 1.3x for spending.

The goal is to spend 50% more than what they did last 'decade' (2013-2023) on an inflation adjusted basis. So we'll get 50% more, in theory. Its up to them to make them smarter investments.