On the contrary, that's where the rich get richer. Any potential buyers like it when prices to get in are cheap and depressed with many running for their lives. Buy low, sell high, that is investment 101.
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News Expect closure of Hong Kong Disneyland and Shanghai Disneyland to impact Walt Disney World
- Thread starter wdwmagic
- Start date
Risk and volatility much more so than labor costs play a heavy hand in deciding where to place something like an iPhone manufacturing facility. A non-functioning iPhone factory closed by instability within China could cost Apple billions, much more so than having to pay someone in Vietnam $.05 a day more in wages.
WDW Pro
Well-Known Member
All I know is the UK Pavillion expansion may be delayed to future budgets. Everything else is in progress and affects Epcot infrastructure.
Disstevefan1
Well-Known Member
This is just the excuse you need Bobby! At WDW, Cut staff, cut park hours, raise prices, while sneaking in a few more hard ticket events to make up for the closure of Hong Kong and Shanghai!
Maybe a special after hours special event in the China pavilion with a special viewing area for the fireworks!
And it's still the happiest place on earth....
ABQ
Well-Known Member
Could you be so kind as to give a source or link to that info?
California lab says it discovered coronavirus vaccine in 3 hours
An American biotech company says it created a coronavirus vaccine three hours after getting access to the virus' genetic sequence on Jan. 9, and now scientists are racing to get the vaccine on the market in record time.
It's time for Disney to buy a Chinese Movie Studio or at least a large portion of one. Short term problems present a great buying opportunity.
WDW Pro
Well-Known Member
American companies can't buy Chinese companies, per the laws of the communist nation.
How about a special deal on Corona beer in Mexico... ?
California lab says it discovered coronavirus vaccine in 3 hours
An American biotech company says it created a coronavirus vaccine three hours after getting access to the virus' genetic sequence on Jan. 9, and now scientists are racing to get the vaccine on the market in record time.finance.yahoo.com
Hold on just a second... they're going to out-source production of the vaccine for a new virus from China... to CHINA????
This is definitely a plot for a zombie apocalypse movie!!!
That is why I said a large portion. However, given the current disaster facing the movie industry in China and realizing the future of industry and streaming market, the time is perfect for Disney. They already have the love of the Chinese People, the reputation of a good partner with the Chinese Government and business relationships with the theaters. This would be a win for everyone. It would also encourage Disney to distribute Chinese movies in America.
WDW Pro
Well-Known Member
I've just been given confirmation that the Avenger's E-Ticket and Disneyland version of MMRR have been frozen in place. No work will continue on them until they are greenlit to be restarted. This is directly due to the Coronavirus. Walt Disney World cutbacks are being determined Tuesday... not sure when we'll get that info leaked.
Monorail_Orange
Well-Known Member
I can't wait to be told again how the park closures in China will have no effect on the domestic parks.
As always, thanks for your insight and sharing with us what you can.
peter11435
Well-Known Member
It’s already having a huge effect and will become more visible in the coming weeks.
peter11435
Well-Known Member
Goodbye Mary Poppins. Reflections delayed. SpaceShip Earth would have been nice. Play pavilion might open someday.
Squishy
Well-Known Member
Nah, pretty sure the main thing that is gonna be cut in WDW is 50th entertainment, entertainment cuts usually always come first at WDW.
Horizons '83
Well-Known Member
- In the Parks
- No
I can see Poppins getting delayed since nothing has broken ground but with the Spine redesign and really all of future world, I can't see them delaying SSE any longer and work is moving along on the Play Pavillion, not that anyone is excited about that anyway.
peter11435
Well-Known Member
I didn't mean spaceship Earth will be canceled or delayed. Im saying that it could be significantly cut back.
Work was moving along on Disneyland's runaway railway but that’s not stopping them from putting it on hold.
They were plugging away on pop century legendary years when they decided to freeze construction. It sat for a decade before it opened as an entirely different concept
Horizons '83
Well-Known Member
- In the Parks
- No
True, but this virus (I really hope) shouldn't have the financial impact that 9/11 did for the US in 2001. I never understood that decision since they were 75% complete with the Legendary section of the resort.