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Effect of Brexit on WDW attendance?
- Thread starter DrummerAlly
- Start date
Probably both. Since July is their winter school break and they definitely will be preoccupied in August, no roaming bands of minimally supervised teenagers.....
And by the time the Olympics are over, they'll be back in school.
PhotoDave219
Well-Known Member
Yes. They're staying home for the Olympics.
SorcererMC
Well-Known Member
Overreaction, yes. My take on it is that the markets have been decoupled for awhile from 'real world' events (maybe that's why Iger seems to have his head in the clouds? I don't know if he is oblivious, insulated, or just trying to present a rosy picture for Disney long-term.)....which is historically atypical. The post-WWII Bretton Woods system/order of sustained intl cooperation is at risk. This singular event is a game-changer. I think that the global economy is in for a long stretch - maybe 2 years - of political and economic instability aka uncertainty which is terrible for markets. I'm hoping that the weekend will settle the markets as much as possible....the sooner that adjustments can be made, better for everyone.
asianway
Well-Known Member
The currency has drastically devalued over the last year. It's bad over there
Tracker was saying there's a bunch of brazilans at Epcot.
PhotoDave219
Well-Known Member
I wonder what the fallout from this summer is going to be? Gotta think that heads might roll. George K might be forced out just from not making his revenue numbers.
DarthMileZ
Well-Known Member
i voted out, can't believe we got it, now we can pick and trade who we trade with, and hopefully invest more into our health system. (probably won't) maybe even trade more with the USA.
anyway, this won't stop me going to Disney, if i have to pay a little more so be it.
anyway, this won't stop me going to Disney, if i have to pay a little more so be it.
Oh, it is now. It's a disaster. A lot of those who voted leave are now coming to terms with what's happened and how vague promises about what great things would happen seem to have been political spin and aspiration as opposed to facts.
On top of everything else half the shadow cabinet (the opposition party) are about to quit this morning. And we will have no elected leader in a few months.
As opposed to vacationing you might get more English wanting to emigrate!
I'm Scottish and we are coming to Disney World in September. As many have already said, our holiday is booked and paid for so we are still going.
However, things like meals etc. will now cost us more than what we budgeted for. These are things that we have to pay for anyway so will just need to accept that it will cost more.
Our spending money however is something that we are not going to increase. So this will mean we will be spending less in the parks and at malls etc.
We are also going to California/Las Vegas next June. Thankfully, I have already booked all our accommodation for this trip too. So this will still be going ahead unless the flights (when they are released) are significantly more expensive than we anticipated.
I'm not hopeful that the pound will recover much between now and the start of September. I am kicking myself that I didn't exchange our spending money on Wednesday night. However, I never in a million years thought that this would happen. I in fact told my family not to exchange money because "following the vote to remain the exchange rate will be better". Famous last words
However, things like meals etc. will now cost us more than what we budgeted for. These are things that we have to pay for anyway so will just need to accept that it will cost more.
Our spending money however is something that we are not going to increase. So this will mean we will be spending less in the parks and at malls etc.
We are also going to California/Las Vegas next June. Thankfully, I have already booked all our accommodation for this trip too. So this will still be going ahead unless the flights (when they are released) are significantly more expensive than we anticipated.
I'm not hopeful that the pound will recover much between now and the start of September. I am kicking myself that I didn't exchange our spending money on Wednesday night. However, I never in a million years thought that this would happen. I in fact told my family not to exchange money because "following the vote to remain the exchange rate will be better". Famous last words
SorcererMC
Well-Known Member
The focus has been on banks' exposure/ losses, but just to point this out, since its relevant to UK tourists:
'The travel industry was also battered by worries that the Britain-EU divorce will hit business. Hotels, travel agencies and airlines all fell sharply, with Air France down 10.0 per cent, Lufthansa 9.2 per cent and American Airlines 10.8 per cent.' (AFP article on Yahoo https://www.yahoo.com/news/pound-plunges-first-results-show-strong-brexit-vote-010954344.html )
Pumbas Nakasak
Heading for the great escape.
Yes 1 million 400 thousand got it wrong by accident. Remind me again what the turn out was for London Mayor?
Pathetic, feel free to play the race card isnt that SOP now? Off to my bunker to shelter from WWIII and the impending asteroid strike.
Pumbas Nakasak
Heading for the great escape.
You do know the markets closed on a two week high. Go figure.
SorcererMC
Well-Known Member
I'm aware that there has been some market volatility leading up to this vote, and that historical benchmarks matter. Going forward, the EU travel/ tourist industry is likely to 'suffer; at the very least, it will hit consumers wallets.
ETA: I also remember July-Sept 2007 when the first cracks started showing and no one was really concerned about the weaknesses in the housing market. So, yeah, go figure.
Nevertheless, the current state of monetary policy (both ECB and Fed) means that there is very little room to maneuver.
Last edited:
Nubs70
Well-Known Member
I'm going to Glasgow in August. Trip s looking bit cheaper.I'm Scottish and we are coming to Disney World in September. As many have already said, our holiday is booked and paid for so we are still going.
However, things like meals etc. will now cost us more than what we budgeted for. These are things that we have to pay for anyway so will just need to accept that it will cost more.
Our spending money however is something that we are not going to increase. So this will mean we will be spending less in the parks and at malls etc.
We are also going to California/Las Vegas next June. Thankfully, I have already booked all our accommodation for this trip too. So this will still be going ahead unless the flights (when they are released) are significantly more expensive than we anticipated.
I'm not hopeful that the pound will recover much between now and the start of September. I am kicking myself that I didn't exchange our spending money on Wednesday night. However, I never in a million years thought that this would happen. I in fact told my family not to exchange money because "following the vote to remain the exchange rate will be better". Famous last words
Pumbas Nakasak
Heading for the great escape.
The terrorist attacks arent a factor in dissuading people to travel? The rioting in Greece isnt a factor dissuading people to travel, the unrest in Egypt and North Africa isnt a factor in dissuading people to travel? There are many issue across the globe affecting travel its disingenuous at best, deceitful at worst to use Brexit as a factor in them all.
Oh and lets chuck the austerity measures in that good old Gideon, remain luvvie, has imposed on us plebs. Got to pay that EU extra funds tab some how.
Soarin' Over Pgh
Well-Known Member
Oooh boy I don't envy the Mods jobs with the current threads and serious discussions as of late. We should all pitch in for a bottle of wine for them.
Wow, that's even worse than I had thought. :/
Wow, that's even worse than I had thought. :/
SorcererMC
Well-Known Member
By all means, those events are a factor...but the markets haven't been reacting as strongly to them. [Intl terrorism is my primary area of expertise, and I don't want to start that conversation again, so I won't say more. Intl econ is my second. ] I'm saying how the Brexit and currency fluctuations will potentially affect the EU tourist industry - at this point in time, based on the available information (which is subject to change).
Pumbas Nakasak
Heading for the great escape.
Thats what I love about this site, there is no subject on earth that we dont have an expert on.
SorcererMC
Well-Known Member
I pretty much jumped out of the woodwork since these issues are now impacting WDW. I really don't like that my professional interests and personal hobby have collided. You don't have to believe or agree with anything I say - I neither risk nor gain anything by posting anonymously on a msg board. I am enjoying the discussions and different points of view - that's what I'm here for, others' insight and perspective that I might not have.