And now closes at Epcot closing time of 9pm. No longer the 11pm they used to have for WS.World showcase opens before 11 am now?
And now closes at Epcot closing time of 9pm. No longer the 11pm they used to have for WS.World showcase opens before 11 am now?
Remember that Disney unofficially/officially has never acknowledged TEA numbers at all.Yup - down year overall for every major competitor. Both Uni/Dis have significant investments lined up for Florida/Global and they don't want to scare investors.
My best guess is that they want to release TEA numbers somewhere closer to investor calls for Q2 (Q3 for WDW) presentations to reduce their impact. (CMCSA has theirs next week)
While true, most parks don't outright acknowledge TEA, none have ever disputed the numbers either.Remember that Disney unofficially/officially has never acknowledged TEA numbers at all.
And their problem is they have nothing lined up. They purposefully parked themselves in a 5+ year glut.
5 years is an eon when you have overextended your ability to attract customers already
Epcot hasn’t had a regular closing time past 9 for decades? (Except select weekend nights for F&W at 10PM)And now closes at Epcot closing time of 9pm. No longer the 11pm they used to have for WS.
That’s why I phrased it the way I did.While true, most parks don't outright acknowledge TEA, none have ever disputed the numbers either.
I recall when we visited DHS the park closed at 9 and last seating in the dine in locations was at park closing times. The guests can still eat then at 1030,11pm exit the park while the merchandise locations on Hollywood Blvd were still open to extract more money from the guests. Park closing time at 9 at Epcot and there are still a handful of guests still eating and shopping .Epcot hasn’t had a regular closing time past 9 for decades? (Except select weeks nights for F&W at 10PM)
It’s money left on the table for restaurants and bars at Epcot.
How is that? Disney reported to Wall Street , for 3 months ending 12/23, parks and resorts operating income up 8%, 7% up in revenue. With lower attendance the higher pricing surely help get those quarterly numbers to give to the Street. That's an example of "quarterly capitalism" of companies under pressure to give Wall Street increasing #s every quarter.Last year, when attendance, revenue, and profit all fell at WDW, and according to all insiders here, bookings are dropping even more this year.
Because, AGAIN, Disney World is NOT Parks and Experiences, it is a PART of it. From the Q1 report (and you can find this in the last 3 or 4 reports, at least in respect to WDW):How is that? Disney reported to Wall Street , for 3 months ending 12/23, parks and resorts operating income up 8%, 7% up in revenue. With lower attendance the higher pricing surely help get those quarterly numbers to give to the Street. That's an example of quarterly capitalism of companies under pressure to give Wall Street increasing #s every quarter.
Yes that's right but Iger will continue to say this is down, but this is up and here are the #s, rinse and repeat when he reports quarterly numbers to Wall Street.Because, AGAIN, Disney World is NOT Parks and Experiences, it is a PART of it. From the Q1 report (and you can find this in the last 3 or 4 reports, at least in respect to WDW):
View attachment 801243
The original statement was about WDW, not about the company or even all parks as a whole.
I'd say quit while you're ahead but....Yes that's right but Iger will continue to say this is down, but this is up and here are the #s, rinse and repeat when he reports quarterly numbers to Wall Street.
Yep. And you can’t discount the additional revenue/profit that a new cruise ship brings to the overall P&R numbers. That, coupled with various price increases and revenue streams, papered over flatlined attendance for a time.Because, AGAIN, Disney World is NOT Parks and Experiences, it is a PART of it. From the Q1 report (and you can find this in the last 3 or 4 reports, at least in respect to WDW):
View attachment 801243
The original statement was about WDW, not about the company or even all parks as a whole.
easy now... some of us can only take so many factsBecause, AGAIN, Disney World is NOT Parks and Experiences, it is a PART of it. From the Q1 report (and you can find this in the last 3 or 4 reports, at least in respect to WDW):
View attachment 801243
The original statement was about WDW, not about the company or even all parks as a whole.
Lets see what Iger has got to say to Wall Street when the company releases next quarterly report second week of August. For parks exp if operating income and revenue are up as a whole then regardless if parks and resorts numbers are down, it is the figure what Iger gives the Street with explanation is what matters. Nothing but little crickets when Wall Street analysts do Q&A with Iger and CFO during public earnings conference call regarding parks and resorts concerns.Yep. And you can’t discount the additional revenue/profit that a new cruise ship brings to the overall P&R numbers. That, coupled with various price increases and revenue streams, papered over flatlined attendance for a time.
These quotes cogently show that revenues and profits are down at WDW (they admit revenues were down there, and “higher costs” implicitly eats into profits).
Gooooooooooo Disney!!!Lets see what Iger has got to say to Wall Street when the company releases next quarterly report second week of August. For parks exp if operating income and revenue are up as a whole then regardless if parks and resorts numbers are down, it is the figure what Iger gives the Street with explanation is what matters. Nothing but little crickets when Wall Street analysts do Q&A with Iger and CFO during public earnings conference call regarding parks and resorts concerns.
Yep. And you can’t discount the additional revenue/profit that a new cruise ship brings to the overall P&R numbers. That, coupled with various price increases and revenue streams, papered over flatlined attendance for a time.
There were signs as early as 2018 that WDW was in trouble, despite what some will cherry-pick from that quote ("increased attendance, see?!?!!).
Last year, when attendance, revenue, and profit all fell at WDW, and according to all insiders here, bookings are dropping even more this year.
You can not continually offset your losses caused by lower attendance with price increases. It doesn’t work that way.So we're back to the original point: the losses at WDW are so small as to be completely offset by gains (and then some) at the other parks and cruise line. Which either means WDW is only down a small insignificant portion, or it's revenues are just not that important to the entire portfolio anymore.
Take your pick.
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