PREMiERdrum
Well-Known Member
Basically Riviera, right?
Seriously though, CB is the only Moderate they don't have any trouble booking currently.
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Is attendance really down at WDW this or…
- Thread starter coachb
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Seriously though, CB is the only Moderate they don't have any trouble booking currently.
Disstevefan1
Well-Known Member
That's a cost savings right there. Those buildings won't need lighting , AC and or other energy usage but if closed for long periods of time those buildings would gather exterior and interior dirt dust and mildew.
Merchandise and many of what I wear , take ( medication ) or use today Disney and non Disney comes from China. Huge profit from companies buying from.and made in China. This was typed from a device made there.
Disstevefan1
Well-Known Member
And remember, IGER LOVES CHINA !
Like many America companies that continue to be in bed with them, you help me, I help you.
DisneyHead123
Well-Known Member
It's certainly in the eye of the beholder. I think of Disney hotels as being harder to rate along the usual lines because you're paying in part for the surrounding theming and recreation. Sort of like a cruise ship, staterooms may be much more bare bones than a standard hotel but given the context of a cruise ship people view them differently.
But yeah, I will certainly say that if I was ranking most Disney resorts just on the hotel room, by itself, those are nothing to write home about. Even the DVC two bedrooms are nothing to write home about. Something like the Kimpton hotel rooms, for example, have a more luxe, trendy feel and are priced like a Disney moderate. And I think Disney has a habit of going from Point A to Point E on the luxury scale with not enough in between. Like the Polynesian Bungalows are great, but how about some "normal" hotel rooms with marble sinks and soaking tubs?
Willmark
Well-Known Member
What do you mean?
Just like the movie division “they just need to get through 2024 and 2025 will magically be better!”
Denial is powerful stuff.
Sirwalterraleigh
Premium Member
OI is not what they seek…profit is. The majority of that comes from the shops.
They should NEVER make gate entry a hindrance to crowds.
And they have.
Terrible management
Sirwalterraleigh
Premium Member
CastAStone
5th gate? Just build a new resort Bob.
Operating income IS the most basic form of profit, before accounting for all the shared fixed costs. It’s how you evaluate the profitability of a product / brand / division within a company.
The margins on a $900 hotel room at a hotel with basically no premium services except luggage delivery are insane. The margins on a theme park with thousands of employees per day are good but not like the hotel rooms.
The hotel division generates nearly the revenue of the theme park sales, but from what I have heard from others here and elsewhere, but delivers more OI / Profit than the parks do.
DisneyHead123
Well-Known Member
Is that pre or post Genie? I thought I read on these boards that Genie currently generates as much profit as the entire cruise line.
Sirwalterraleigh
Premium Member
My point was not that they are vastly different…it’s just the one is “pure” and that’s what the watchers like.
As far as “margins” on hotel rooms…that’s a dangerous game you can’t get out of…
There’s some ugly rumors they still have blocks offline across property? All the time.
That was NEVER done outside of a recession…and even there sparingly.
They can’t sell those rooms. Dvc conversions are a necessity…not brilliant strategy or a random occurrence
Most whales or the 1% that live in my area are highly well educated , very successful in the careers , long term market investors , some send their kids to private and or boarding schools travel the world on vacation to other places other than Disney. This is during the Eisner and Iger eras.
Jrb1979
Well-Known Member
It's why it makes no sense to market to them. Their bread and butter is the middle class. Disney is not a luxury vacation no matter how much they and fans want to believe it is.
el_super
Well-Known Member
The scarcity of the product was, over time, always going to squeeze out more of the middle class that could normally afford it. That's what happens with a luxury product, and to a degree, what makes it a luxury product.
Jrb1979
Well-Known Member
That logic fails cause the people that can afford it have no interest in Disney or theme parks.
el_super
Well-Known Member
No you've missed the bigger point: the middle class will (generally) keep growing and expanding to the point that the parks can only serve a smaller and smaller percentage of it. At that point it becomes more and more of a luxury.
PREMiERdrum
Well-Known Member
The issue happened when lots of middle class people flourished with exploding home values, low interest rates, and lots of access to credit. Disney saw a trend, reacted accordingly, and foolishly thought it would last forever.
The plaid vest tours on a 24.99% credit card are emblematic... and yes, it happened.
The plaid vest tours on a 24.99% credit card are emblematic... and yes, it happened.
el_super
Well-Known Member
And Disney parks were cheap and easily accessible for a long time. That's why MK went from 10M a year to 20M a year. THAT was unsustainable for a number of reasons.
They're price correcting right now. They're making the parks generally more expensive and harder to access because cramming more and more people down Main Street is not the answer.
If they can convert some people/families from going once a year to once every three or five years, they will be far better off.