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Do you think that Disney world will reclose its gates due to the rising number of COVID cases in Florida and around the country?

chrisvee

chrisvee

Well-Known Member
oceanbreeze77 said:
Posted this in the other thread but the week feels a lot like March already. The news is already rough this morning and If the MLB cancels the season, I would expect more big time things to wind down as well, disney included.
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things are starting to get really scary now

we‘ve almost wasted the sacrifice of the shutdown in March

Google just announced they aren’t going back in offices until July 2021
 
Wes Tacker

Wes Tacker

Well-Known Member
oceanbreeze77 said:
I'm saying it feels like that day in March where everything came crashing down. MLB, NBA, NHL, Disney all shutting down.
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MLB is a different beast. Again they were doomed to fail. It's early but NBA is having success in their bubble. If DIsney wasn't going to stop their opening 3-4 weeks ago, certainly no reason to shut down now as numbers are slightly better than they were then....unless Disney just wants to shut down because their losses are more open than closed.
 
Parker in NYC

Parker in NYC

Well-Known Member
ImperfectPixie said:
Being in MA, I'm really afraid opening the schools back up is going to knock us back to the beginning. We've got things pretty well under control up here for now.
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I don't see how that'll happen in the city. Transportation, alone. But I can't wrap my head around school reopenings at all.

AmishGuy91 said:
MLB is a different beast. Again they were doomed to fail. It's early but NBA is having success in their bubble. If DIsney wasn't going to stop their opening 3-4 weeks ago, certainly no reason to shut down now as numbers are slightly better than they were then....unless Disney just wants to shut down because their losses are more open than closed.
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Mickey Mouse could contract COVID and they'd stay open.
 
Tha Realest

Tha Realest

Well-Known Member
oceanbreeze77 said:
I'm saying it feels like that day in March where everything came crashing down. MLB, NBA, NHL, Disney all shutting down.
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Can Disney recover if they have to shut down again for a lengthy and extended period of time*? One could argue they are over-leveraged towards businesses that require and need a steady stream of in-person experiences that have been particularly devastated by public health restrictions and distancing efforts. Parks and resorts are obvious, but so too is retail (Disney Stores), movie theater business* (film releases), cruises, and televised sports (no live sports, it cuts off the spigot to ABC/ESPN). I seem to recall that they were taking a loss on Disney+ for a number of years with the expectation it would make up for it down the road. Put simply, I'm not sure how much of their cash they can sit on to keep the lights on for long, especially given the fixed costs and maintenance (ride maintenance, basic landscaping, property taxes) with little to no revenue coming in.

*What if we're talking no resumption to normal public activities until Spring 2021?

**Yes, I know they have Disney+, but do those subscriptions and DVD/B-D sales offset the massive box office they're missing out on?
 
H

havoc315

Well-Known Member
EPCOT-O.G. said:
Can Disney recover if they have to shut down again for a lengthy and extended period of time*?
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One would need to know their internal financial numbers, but would a shut down really be any worse financially for them?
If they were "ordered" to shut down, would it really hurt their business any more than their current situation?

They are still paying most of their typical operating costs -- but for much much much lower crowds. One has to wonder how profitable the parks could be right now, with such tight limits on capacity.

Contrary to some, I don't believe WDW is open out of any sense of "greed." In might even be more profitable to keep most of WDW closed for a bit longer. They are open because there were internal and external pressures to open (ranging from political pressure from the state to pressure from DVC owners who wanted to use their points). But in terms or pure dollars and cents, I don't know if the current operations are any better than staying shut down.
 
Wes Tacker

Wes Tacker

Well-Known Member
havoc315 said:
One would need to know their internal financial numbers, but would a shut down really be any worse financially for them?
If they were "ordered" to shut down, would it really hurt their business any more than their current situation?

They are still paying most of their typical operating costs -- but for much much much lower crowds. One has to wonder how profitable the parks could be right now, with such tight limits on capacity.

Contrary to some, I don't believe WDW is open out of any sense of "greed." In might even be more profitable to keep most of WDW closed for a bit longer. They are open because there were internal and external pressures to open (ranging from political pressure from the state to pressure from DVC owners who wanted to use their points). But in terms or pure dollars and cents, I don't know if the current operations are any better than staying shut down.
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Not to mention a vast majority of the lower crowds are AP, which they make way less on than travelers.
 
Tha Realest

Tha Realest

Well-Known Member
havoc315 said:
One would need to know their internal financial numbers, but would a shut down really be any worse financially for them?
If they were "ordered" to shut down, would it really hurt their business any more than their current situation?

They are still paying most of their typical operating costs -- but for much much much lower crowds. One has to wonder how profitable the parks could be right now, with such tight limits on capacity.

Contrary to some, I don't believe WDW is open out of any sense of "greed." In might even be more profitable to keep most of WDW closed for a bit longer. They are open because there were internal and external pressures to open (ranging from political pressure from the state to pressure from DVC owners who wanted to use their points). But in terms or pure dollars and cents, I don't know if the current operations are any better than staying shut down.
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I don't disagree with much of what you say. You could even see a way for why they'd operate at a loss now, with the idea it was 1) to prove and show how safe it is, and 2) to start getting future trips booked and planned (tough for people to do so for future dates when "opening" is indeterminate).
 
ImperfectPixie

ImperfectPixie

Well-Known Member
The Mom said:
Funeral homes had commercials running here all of time - prior to Covid. Haven't seen any lately.

But of course, I live in FL. ;)
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Funeral homes jumped for a bit in the spring, but haven't been noticeable as of late. The burial at sea one was completely new - neither I nor my husband had ever seen one before.
 
H

havoc315

Well-Known Member
EPCOT-O.G. said:
I don't disagree with much of what you say. You could even see a way for why they'd operate at a loss now, with the idea it was 1) to prove and show how safe it is, and 2) to start getting future trips booked and planned (tough for people to do so for future dates when "opening" is indeterminate).
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Correct. I admit I'm purely speculating. But it's a fair assumption that there is some crowd level where they really aren't making a daily profit.
But you're right -- part of being open is just to "get back on track" towards an eventual point of profitability. Plus, staying closed creates other money-losing headaches. You need to refund more APs; you need to come up with some sort of refund for unused DVC points. The longer you stay closed, the greater possibility of needing to eventually replace and retrain staff all at once.

It's a complicated picture.
 

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