Sirwalterraleigh
Premium Member
You don’t have to say anything...it was so wrong on every level and produced by the deafest of ears...I hate to quote Pete Warner, but as he pointed out the signs are there, Disney is prepping for a recession if it happens.
Companies lay off, those conventions are cancelled, the parks became ghost towns at times as people focused on keeping all funds they had close to home. Orlando tourism sticks out like a sore thumb when it comes to recessions, and is one of the first to feel the hit.
I know - preaching to the choir, it just blows me away that some folk still don't understand how recessions work in the minds of companies, investors and employees.
Best not think about it...other than this:
First thing people cancel in a recession: vacations
First thing companies do in a recession: cancel conferences and perks
First thing Orlando does in a boom: over borrow/build and cause crashes in debt/bankruptcy when the recession returns
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