Iger used to be on Apple's board of directors but resigned in 2019. To buy Disney and sell off the parts is always there for the taking. When Comcast tried to do a hostile takeover of Disney years ago, the Disney Board said the Comcast offer was too low. Anything is for sale.
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
Disneyland faces 32 million attendance drop over 2 years, analysts warn - OCR/SCNG
- Thread starter Darkbeer1
- Start date
truecoat
Well-Known Member
It's very important for Disney to keep the stock price up. It get's too low and someone will swoop in.
The minimum number is the number on a slow, off peak day during normal times. We know this to be profitable or else Disney wouldn't be open 7 days a week. For Disneyland alone, that number is around 10,000 daily, maybe less. They will still be profitable, but not insanely so.
Ismael Flores
Well-Known Member
I really do not see such a drastic drop for the Disneyland resort. The westcoast resort has a large annual pass population that will continue to maintain a steady flow of guests in the park. Disney will also adjust pricing on merchandise which is where most of the income comes from add to that the possibility of adding more special ticketed events and Anaheim should maintain a healthy attendance. Most of the attendance loss will be mostly because of the long closure of the parks.
The problem would be more of an east coast situation where European tourism will lag for a while add to that the large amount of tourism that normally comes from South America especially from the hard hit country of Brazil
The problem would be more of an east coast situation where European tourism will lag for a while add to that the large amount of tourism that normally comes from South America especially from the hard hit country of Brazil
Last edited:
Exactly, APs will come, in fact I think Disney could open with just food, shopping and some entertainment, kind of like Knott's is doing with Taste of Calico, except thanks to the unions at Disney, they would need to do it at least 5 days a week and I am thinking they might make admission free and you are paying for the food and merchandise. Obviously there would need to be a reservation system in place, perhaps limit it to those that hold tickets, annual passes and cast members only that can make reservations, but going doesn't count against any time on any applicable ticket, just need it to make the reservation.
Minnesota disney fan
Well-Known Member
Well, my husband and I will gladly contribute to the resort population next year at disneyland
We are going with or without the virus condition. Can't wait to see Disneyland and I've never been to California. Looking forward to it
We are going with or without the virus condition. Can't wait to see Disneyland and I've never been to California. Looking forward to it
Brazilian and UK tourists invest in real estate for their summer homes in Orlando/Kissimmee and small business ( dining, gift shops, etc ) such as the multiple locations in the area. Many of the shopping outlet malls cater to the big spenders outside the USA. All areas are being hit hard.
I was referring to the second part of his write up.You missed the context of what the poster was saying. They aren't speaking about WDW, they are speaking about Disneyland in Anaheim. Also this is in the Disneyland forum, not WDW. I know you guys on the WDW side think that everything related to Park and Resorts is about WDW, but its not.
Disney Irish
Premium Member
I would expect that Orlando real estate would take a hit as most foreign investors would sell if this is prolonged.
Disney Irish
Premium Member
Yes, I deleted my post a second later, you were just too quick to reply. But the rest still applies,
Stevek
Well-Known Member
When we get through this virus via a vaccine late this year, early next year, I'm confident the parks will once again be packed to the gills. Movie theaters as well. Once people feel safe, entertainment options are going to boom IMO.
I don't feel there is any way the Disney company does not survive this. Will be rough, but they will bounce back eventually.
I don't feel there is any way the Disney company does not survive this. Will be rough, but they will bounce back eventually.
Umm, that is being overly optimistic, there is the very real possibility there will never be a vaccine. What is needed is to help people feel safe without a vaccine, but I do agree that once they feel safe (physically and financially) there is going to be a major entertainment boom, as well as a travel boom the likes of which we haven't seen before. The businesses that will suffer are the businesses that sell hard goods that aren't necessities. People aren't going to be buying a bunch of "stuff" any more, they are going to go for experiences.
Disney should be able to bounce back, as long as the complete closures don't last past any extra unemployment extension that may be coming. Without getting at least 100% of their pay, most cast members will have to look for jobs elsewhere and Disney will have no one to retrain people with, causing massive problems.
Brer Panther
Well-Known Member
Maybe this'll result in them cancelling the Splash Mountain rethemes.
Dunno how likely that is, but I can dream, can't I?
Dunno how likely that is, but I can dream, can't I?
Stevek
Well-Known Member
I have no reason to believe there won't be a vaccine UNLESS we are being fed a bunch of BS. Time will tell.
I do, we have never had a successful vaccine for a CoronaVirus, despite there having been likely candidates, so I am skeptical this will be any different.
denyuntilcaught
Well-Known Member
I hear you, but disagree on the basis of what you're considering "successful" to be. Successful in fully eradicating COVID-19? You're right - very, very unlikely, if not impossible. Successful in granting at least temporary protection against infection? Very plausible, with some vaccines already making it to the final stages of testing with these very same effects.
However, I'm more focused on treatments, versus vaccines. Remdesivir aside, there are many treatments on the table that are also in final stages of testing that are making a significant impact on the severity of infection and mortality rates.
I honestly think things will look very, very different come January (I mean, let's take a look at how things were in March versus now!) - and I mean that in a very positive way.
But in the meantime, keep the parks closed.
No, the parks can open quite safely, much safer than Costco or Walmart even, they need to reopen, because the cast members can't afford to stay on unemployment much longer.
Treatments and/or a vaccine don't really matter when the choice is between returning to work or not being able to buy necessities like food, mortgage/rent, etc., but I don't see the massive decline in attendance (aside from capacity limits) of 32 million over the next two years.
I would want to see the full ingredient list first and go from there.