And I can even see the day where some parks will be open 24 hours for special events or to accommodate peak season crowds.
They come close during Easter and Christmas time, when the MK is open until 1am or 3am....
And I can even see the day where some parks will be open 24 hours for special events or to accommodate peak season crowds.
WDW is much like Wal-Mart. ....
one: this denial about a recession.. Do you know what a recession is? Its three posts of the GNP of negative.. we have "avoided" the recession by the smallest of margins. and that can be done by changing the way you figure the market.
so, yes we are in a recession.. Housing is very low, gas and food prices very high. unemployment is up.
don't live with your head in the sand. Its here..
Of course we know of the contingency plans. This isn`t one of them.But if you don't think that these parks had better have contingency plans, you are sadly mistaken. and closing one park a day is a viable option.
Are you kidding. this article is off base on so many basic economic levels it's frightening this guys actually allowed to post articles. The country goes through economic downturns all the time. It's just unfortunate that the 20-35 year olds who write this junk have never been through a significant downturn before and therefore have absolutely no clue as to how the economy operates and is cyclical. I'm off topic though. Riddle me this.
First, how does one reconcile the obvious pricing issues of the hopper passes and the dining plan if this is enacted? If this scenario were enacted both the hopper and dining plans would HAVE to be heavily discounted if not altogether eliminated. Does anyone really believe Disney would cut the prices and further reduce revenues? Maybe they would just stop offering the hoppers and the dining plan altogether and go a-la-carte. This would guarantee a mass exodus of people off Disney property and right into the waiting and Harry Pottered arms of Universal and the rejuvenated Sea World and once again further reducing Disney's revenues? .
Maybe they would just stop offering the hoppers and the dining plan altogether and go a-la-carte. This would guarantee a mass exodus of people off Disney property and right into the waiting and Harry Pottered arms of Universal and the rejuvenated Sea World and once again further reducing Disney's revenues? .
If Disney decides to go ahead and close a park and also cuts the open parks hours and reduces the parades and shows and restaurants what makes them think this ploy which only benefits them would compel people to book a vacation there? Simple, they won't. If this sky is falling prophecy comes true, there's absolutely no chance people will accept a 50% experience at a 100% price, they'll simply go elsewhere. .
If this scenario were ever implemented it would be a public relations nightmare for Disney from which they might never recover from and it would ensure financial disaster on the company.
Still, with airlines halting flights and oil making road trips out of reach for many families there is no doubt a downturn in tourism will happen. It is not a matter of IF but WHEN. Count on it, take it to the bank, whatever you gotta do. It is gonna happen.
We have an economic crisis, a food crisis, and an energy crisis all coming to a head at the same time. I don't care what we call our economy, when families can't afford to eat we have problems.
one: this denial about a recession.. Do you know what a recession is? Its three posts of the GNP of negative.. we have "avoided" the recession by the smallest of margins. and that can be done by changing the way you figure the market.
so, yes we are in a recession.. Housing is very low, gas and food prices very high. unemployment is up.
don't live with your head in the sand. Its here..
trust me.
housing starts WAY DOWN. Dollar at an all time low.. or close to it. Oil at record high prices. Dow at a year low. food and food costs very high and rising.
that's recession.
This is a common "not looking at the big picture" error. The thing that will keep people from vacationing is not the extra $100 it will cost them in gas to drive there, it is the extra $200, $300, $400+ that they are having to spend every month on gas. Most families are lucky to put away a few hundred dollars a month for things like vacations and when that few hundred extra dollars is now having to be spent on gas cuts are going to have to be made.Here is something I don't understand. Let's say a family was planning a road trip of 1000 miles (2000 miles round trip). In this example we assume that the family had no problem planning this trip at $3.00 a gallon gas. Now gas is $4.00+. Even if this family is driving an Excursion getting 16 MPG (a pretty much worst case) so they will use 125 gallons to make the trip. So with these new "alarming" gas prices the trip will cost and additional $125-$150 and that is with a huge gas guzzler. For most people with most vehicles it will be less. Why would somebody not take the trip where they are going to spend hundreds of dollars on admission tickets, hundreds of dollars on lodging and hundreds of dollars on food when the trip now costs $100 more. If your household budget is that tight that you can't afford $100, you shouldn't have been planning the trip at $2.00 or $3.00 per gallon gas.
This is a common "not looking at the big picture" error. The thing that will keep people from vacationing is not the extra $100 it will cost them in gas to drive there, it is the extra $200, $300, $400+ that they are having to spend every month on gas. Most families are lucky to put away a few hundred dollars a month for things like vacations and when that few hundred extra dollars is now having to be spent on gas cuts are going to have to be made.
And yet it's not an unprecedented concept.
For the first 30 years Disneyland was closed on Mondays and Tuesdays for most of the year.
I'm sure the concept of closing one WDW park one day per week is something that could happen in a seriously bad economy. The last time we had a real bad recession (unemployment of 12%, inflation, year after year of falling/stagnant GDP) was the early 1980's. Back then they only had one park, with Epcot coming online just as the economy was improving. They had no option to close one or the other park.
WDW has that option now, if things get bad enough, which is exactly what Kevin Yee was saying when I read the article.
And it's been done before at Disneyland, when Walt Disney was alive and actively leading the company and his theme park.
The the thing is just 2 years ago we were paying $2 a gallon. Which would double you figure, use 2 cars per family and we have to double it again. When I look back at what my family was spending on gas a little over 2 years ago it is around $200 less than I paid last month.You have a point there. But....
The average car is driven 15,000 miles a year. Let's just swag 20 MPG (which is probably low) for avg fuel economy. The average car will then need 750 gallons of fuel per year. Gas was hoving around $3 a gallon and now it is $4. So, for this average example it is costing an extra $750 a year in gas for the car ($62.50 a month, certainly not $200, $300, $400 per month). I would think this can be offset by eating in more and things like that so that you can still save for a vacation. For most people that drive slightly more efficient cars the impact is a little less.
I'm not saying it is chump change but it isn't like the gas price increase has added another rent/mortgage payment to the family budget. Also, you can save that amount by staying in a hotel/motel that is 1 level below where you normally would. You can easily save several hundred on a week vacation that way.
Here is something I don't understand. Let's say a family was planning a road trip of 1000 miles (2000 miles round trip). In this example we assume that the family had no problem planning this trip at $3.00 a gallon gas. Now gas is $4.00+. Even if this family is driving an Excursion getting 16 MPG (a pretty much worst case) so they will use 125 gallons to make the trip. So with these new "alarming" gas prices the trip will cost and additional $125-$150 and that is with a huge gas guzzler. For most people with most vehicles it will be less. Why would somebody not take the trip where they are going to spend hundreds of dollars on admission tickets, hundreds of dollars on lodging and hundreds of dollars on food when the trip now costs $100 more. If your household budget is that tight that you can't afford $100, you shouldn't have been planning the trip at $2.00 or $3.00 per gallon gas.
Please come down off the ledge. Have I missed the news stories about all the families in the US that can't afford to eat? We don't have an economic, food or energy CRISIS. We have an economic slowdown (which happens every few hears), some food price increases (so eat spaghetti instead of filet mignon) and energy cost increases.
Get a grip. The doom and gloom people cause more problems than there are. The economy is certainly not booming but the vast majority of americans have the same job and are getting paid the same or more than they were last year. 99.9% of houses are NOT in foreclosure. Gas prices are very high but food prices aren't THAT high.
You can't redefine a recession just to say we are in one because you want it to be true. All the doom and gloom does is make the economy worse because people start feeling like they are going to lose their job and house at any moment when, in fact, 90% of people have nothing to worry about and can continue living the same lifestyle that they already do.
Even assuming all of your statements are true, THAT IS NOT RECESSION. Recession is when the GDP growth is negative for two consecutive quarters. It has nothing to do with any of the things you say there. At least one of those statements is not true. The Dow is not at a year low. The year low was on Monday, March 10th whe it hit 11,740.
Nobody is saying everything with the economy is perfect but doom and gloomers make me feel like jumping off of the spires of Cinderella Castle.
You have a point there. But....
The average car is driven 15,000 miles a year. Let's just swag 20 MPG (which is probably low) for avg fuel economy. The average car will then need 750 gallons of fuel per year. Gas was hoving around $3 a gallon and now it is $4. So, for this average example it is costing an extra $750 a year in gas for the car ($62.50 a month, certainly not $200, $300, $400 per month). I would think this can be offset by eating in more and things like that so that you can still save for a vacation. For most people that drive slightly more efficient cars the impact is a little less.
I'm not saying it is chump change but it isn't like the gas price increase has added another rent/mortgage payment to the family budget. Also, you can save that amount by staying in a hotel/motel that is 1 level below where you normally would. You can easily save several hundred on a week vacation that way.
Somebody's been watching "Chicken Little" a few too many times...:zipit:
People here need to stay in school and take some economics classes :brick: or at least check http://money.cnn.com/?cnn=yes regularly.
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