darkridelover
Member
That fact that more people will buy a two park ticket instead of just one will increase attendance and revenue and put both Unversal Orlando parks over the attendance of HS and AK this year. That's basic business economics!
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
If you do not think Universal smelled blood in the water before...
- Thread starter Funmeister
- Start date
That fact that more people will buy a two park ticket instead of just one will increase attendance and revenue and put both Unversal Orlando parks over the attendance of HS and AK this year. That's basic business economics!
You learn to ignore the thick one. Or to laugh.
TubaGeek
God bless the "Ignore" button.
I think I could laugh if he didn't seem to have his followers. There are a few on here who seem to have a "Church of Jimmy" mentality.
Till the mods finally kick him off, I'll have to keep him on my "Ignore" list. Population: 1.
Pumbas Nakasak
Heading for the great escape.
You can have much fun prodding a turd with a stick.
tl77
Well-Known Member
I'm not being snarky I'm trying to make a point here, that if another Disney CEO is dumb enough to
"contemplate" selling off the parks, all the Disney fans and share holders, ect... will go insane again, but Comcast and Universal don't really have the same kind of fans Disney does.
So getting back to what this thread is actually about, The CEO of Comcast is aggressively pouring money into his parks, thinking this will somehow make them as popular and profitable as Disney's parks. But just because you build hotels doesn't mean people are going to want to stay in them, and if this little business venture doesn't turn a quick profit Comcast, they'll most likely just turn around an sell them off, either way Comcast makes money on the deal, and nobody will riot in the streets because no one really cares who owns and operates Universal. And every now and then I read these paranoid posts on this board from obsessive compulsive, "spirited" pessimists that Disney needs a what they call a "Potter Swatter" but it seems to me that if this aggressive scheme fails to turn a profit for Comcast, they will end up swatting themselves
Pumbas Nakasak
Heading for the great escape.
well its what fan bhoys pray for, well that and a Marvel miracle.
mahnamahna101
Well-Known Member
He doesn't care about BEATING Disney... he just wants to beat them in park spending
TubaGeek
God bless the "Ignore" button.
Damn. I thought you had left.
Well, either way (and ignoring all the strings of debate which you have abandoned), here are the facts: Comcast is the largest mass media and communications company in the world by revenue, and they realize that they see phenomenal return on investment (ROI) through the theme parks. That means Universal gets exciting new additions. That means I can go to Universal and enjoy them. If this all goes South and Comcast sells Uni or stops investing so heavily, Disney will still have to play catch-up in terms of quality, and I'll still have the best rides in the world to keep me amused. Till then, I know which company gets my dollar, and it's the one that invests in itself when it sees high ROI, not the one that will only invest in itself when it's spiraling the drain.
lazyboy97o
Well-Known Member
Unless something catastrophic happens I could see Comcast easily getting $3 billion for the Universal Orlando Resort. That said, I would more expect them to try and buy a steak in Universal Studios Japan and Universal Studios Singapore.
Tony Perkis
Well-Known Member
Medium rare?
Voice of Disney sanity
Well-Known Member
Your post sounds exactly like what Pizza Hut was saying back in the early 80s about dpminoes pizza and thier "gimmick" of delivering pizzas. Do you know that Pizza Hut didn't even deliver thier first pizza until dominoes pizza reached one billion dollars in sales? Just like you and disney the didn't believe dominoes was a serious threat until it was too late
Gabe1
Ivory Tower Squabble EST 2011. WINDMILL SURVIVOR
Watch the amount of guests that drive off Disney Property early in the morning to head for a day of Uni. Watch the Mears vans and buses that load up Disney Resort guests to haul them over to Uni. Yes, Disney still holds the lion share of guests in their parks but loosing a day or two of park admission to Uni, food purchases and souvenir revenue to Uni makes Comcast worthy of being considered a competitor to Disney.
Magic Bands and FP+ are not enough to stop guests from rolling off property to visit the Uni parks for a day or two. What increase revenue is lost by Uni visits will not be recovered by the Magic Band. Disney Springs will not be an adequate choice either over visiting Uni for those who want amusement over additional shopping, dining and alcohol. Disney is a family place and young kids can only take shopping for so long without being bored or melting down 'cause they want it all, it isn't entertaining.
What might stop guests from leaving the property is new attractions. And new attractions that are timely, not 3-4 years to begin to materialize. Disney doesn't seem interested in reinventing DHS or Epcot's FW at this time, Avatar is too far off to stop the pilgrimage to Uni. Disney's own missteps opened the opportunities for Uni.
Magic Bands and FP+ are not enough to stop guests from rolling off property to visit the Uni parks for a day or two. What increase revenue is lost by Uni visits will not be recovered by the Magic Band. Disney Springs will not be an adequate choice either over visiting Uni for those who want amusement over additional shopping, dining and alcohol. Disney is a family place and young kids can only take shopping for so long without being bored or melting down 'cause they want it all, it isn't entertaining.
What might stop guests from leaving the property is new attractions. And new attractions that are timely, not 3-4 years to begin to materialize. Disney doesn't seem interested in reinventing DHS or Epcot's FW at this time, Avatar is too far off to stop the pilgrimage to Uni. Disney's own missteps opened the opportunities for Uni.
I have a question concerning who is investing in their parks? How many parks does Universal own? Disney just announces their final costs for the opening on Shanghai Disney will be 5.8 billion. yes billion. That on top of the 2 billion on magic bands and my Disney Experience and more on Disney Springs, Pandora and other things at AK and New Fantasy Land TDO has out spent Universal by billions. There will be some more major consturction before the 2021 50th anniversary and you can be sure that between now and 2021 Disney will have more growth in attendance but Universal may grow at a faster pace since their attendance does not even reach what the Maric Kingdom gets. If they are lucky they may reach 25 million by 2021 but Disney will be over 75 million by then and if the 5th gate is built they will be over 80 million a year.
I just can't believe the people here who constantly complain about Disney.
I just can't believe the people here who constantly complain about Disney.
lazyboy97o
Well-Known Member
The Walt Disney Company owns less than 50% of the Shanghai Disney Resort. NBCUniversal owns 100% of their US parks and their international parks are licensing deals. And total dollars spent is irrelevant when Disney's wastefulness in spending is legendary.
GLaDOS
Well-Known Member
Oh god I don't even know where to start here...
1) As of right now, WDW parks attract 47 million people a year if you assume everyone going to each of the parks is a distinct individual (they aren't, but we'll assume that). You honestly think that number will go up by nearly THIRTY MILLION in the next 7 years? When their attendance has only been rising by 1% or less for the past 5 years? Not to mention losing market share to Universal? That's nearly impossible.
2) Universal is dropping 500 million per year into its parks, at minimum. That's the cost of New Fantasyland every year.
3) Universal has been the only company in Orlando to gain market share in the past 4 years, while Disney has lost market share.
4) Universal doesn't want Disney-level attendance. They're already winning the per-guest spending battle, that's what's important.
Last edited:
Saying it again, because it's a pet peeve of mine:
Attendance of Walt Disney World is not equal to the attendance of Magic Kingdom + Epcot + Hollywood Studios + Animal Kingdom.
Attendance of Universal Resort is not equal to the attendance of Universal Studios + Islands of Adventure.
WDW attendance is a little bit over the attendance of their most attended park - Magic Kingdom - when adding in the few unique visitors who don't go to Magic Kingdom but go to one of the other parks.
Universal attendance is a little bit over the attendance of Islands of Adventure, adding in the few visitors who go only to Universal Studios.
Total Unique Visitors for WDW is less than 20 million, presumably, not anywhere near 75 million.
Universal attendance is presumably less than 10 million, with Islands of Adventure getting 8 million visitors.
Of course, both these numbers are from last year, but new estimates will be released in the upcoming weeks.
I will agree with you that Disney unique visiters is around 20 million. You are also right that Universal is less than 8 million but a lot less than you think. the problem with market share is that the percentages reported are not unique visiters. I tried to make that point in another tread but no one else understood it. That said I do not agree with you on per capita spending nor the numbers you reported. MK gets has an attenance of about 25 million and the other 3 parks about 10 million each, totals about 55 million or an average of just under 3 park visists a person. Universal get less than 20 million in each park but has lots of local season pass holders.
I own a Disney pass but only go 14 days a year and dont usually park hop. I bet if you look at the number of season pass holders within an hour of Orlando that Universal has more of them than Disney does. That pads both parks attentance but Universal more than Disney If you actually believed that Universal has 8 million unique visiters and neither park gets more than 10 million then you believe the average person who goes there only goes once a year. If 3 million a day went park to park that would take care of 6 million of their attenance. went park to park in a day that would meen no one went more than one time a year. You can't really believe that can you?
As for market share who cares? If Universal gets more people and disney gets more people both parks win. This is not a zero sum game. If it were and I could only go to one place I would go to WDW. they have 4 major parks and Disney Springs and 2 Water Parks. Universal has 2 smaller parks, granted they are good ones and I will give them credit for 1 water park and City Walk but I could never spend 14 days a year there.
I own a Disney pass but only go 14 days a year and dont usually park hop. I bet if you look at the number of season pass holders within an hour of Orlando that Universal has more of them than Disney does. That pads both parks attentance but Universal more than Disney If you actually believed that Universal has 8 million unique visiters and neither park gets more than 10 million then you believe the average person who goes there only goes once a year. If 3 million a day went park to park that would take care of 6 million of their attenance. went park to park in a day that would meen no one went more than one time a year. You can't really believe that can you?
As for market share who cares? If Universal gets more people and disney gets more people both parks win. This is not a zero sum game. If it were and I could only go to one place I would go to WDW. they have 4 major parks and Disney Springs and 2 Water Parks. Universal has 2 smaller parks, granted they are good ones and I will give them credit for 1 water park and City Walk but I could never spend 14 days a year there.