http://jimhillmedia.com/editor_in_c...-over-the-past-3-to-5-years.aspx#.UEkGdo5MZ0g
Some interesting points.
Some interesting points.
Fantasyland expansion? That's fine and much needed. The thought that Staggs was single-handedly responsible for pouring 100m in and saving it? Nah. Art of Animation? Finally fixing an abandoned site that was left to rot for 5 years. GF Villas? Yay, more DVC, we can always use more of those. Golden Oak? Rousing success I hear. Reimagining of Test Track? LOL. Revamp MMaY? Double LOL. Sorcerers of the Magic Kingdom and Agent P's World Showcase Adventure? Something that distracts from the fact that the MK lacks recent attractions and something that's a retheme (pardon me, "reimagining") of an existing attraction.The Fantasyland expansion project? Depending on who you talk to, that's $380 - $400 million right there (I'm told that the $250 - $300 million ceiling that had originally been set on this project got blown through once Tom Staggs, the newly installed Chairman of Walt Disney Parks & Resorts decided to swap those elaborately themed Cinderella & Sleeping Beauty meet-and-greet areas out for a Seven Dwarfs Mine Train ride). Now fold in all of the design & construction costs associated with taking that never-finished wing of Disney's Pop Century hotel and then turning that abandoned worksite into the highly themed Disney's Art of Animation Resort PLUS those Villas at Disney's Grand Floridian Resort & Spa that DVC is building right now. Then factor in the cost of all of the road widening that's been going on lately along Buena Vista Drive between DHS's back entrance and Victory Way, the Golden Oak at Walt Disney World Resort project, the reimagining of Test Track, that new "Phineas and Ferb & You: A Brand New Reality" at Downtown Disney, the revamp of the Magic Kingdom's "The Magic, the Memories and You!" show, the costs involved with developing those "Sorcerers of the Magic Kingdom" & "Agent P's World Showcase Adventure" games ... and we're now up to a billion dollars worth of additions being added / improvements being made at The Walt Disney World Resort without even breaking a sweat.
Jim Hill needs to just stop talking sometimes. To entertain the idea that DVC, Golden Oak, etc. are not being done for greedy corporate purposes is laughable. Anyone will tell you the only reason why DVC is being done is because they can turn a profit in record time off of them. It has nothing to do with enhancing the guest experience - it's about cold hard profit margins - that they then pocket. Poor Jim, he seems to get even more clueless as the years go by...
Who the heck is "they" anyway? I hear people refer to this mysterious group all the time but never a good description. I want facts to solve this grand mystery.
The "they" they are talking about is TDO ... their bonuses are tied to profit margin.
This is all research-able ... I'm sure a vet like you can find it.
So what. That is how they negotiated their deal. Are people here jealous or something?
Yup.
We're jealous that the money that should be going to improve the parks is going to inflate already inflated bonuses.
In addition, they are building Pandora at DAK.
agree and i dont know why this isnt brought up more....they should be doubling and tripling investment in orlandoYou will not spend the same amount of cash to fix up 1 house as you would 2.
So to say they spread the same amount of cash over a much larger amount of land is a stupid argument. For size reason WDW should have 3-4 times the amount of cash spent then DL. WDW makes much more money than DL so they should invest more not the same.
Each property at WDW should be looked at as if the others were not there. Not building any major rides in EP, HS and AK except for every 3-4 years is sick.
agree and i dont know why this isnt brought up more....they should be doubling and tripling investment in orlando
Are they?
i like your optimism and hope you re rightPandora and other infrastructure spending will cover that easily.
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