Len Testa - “Disney positions itself as the all-American vacation. The irony is that most Americans can’t afford it.”

[TheMaxRebo]

Hot tip -
When you do eventually make that trip to Japan, considering flying from the East Coast to the West Coast and stopping there for a night of two.
Then take a flight from the West Coast to Japan.

Breaking up the flight into two may help with the expense, and it will also help you adjust better to the massive ‘jet lag’ you would have to deal with if flying across the world in one shot.




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That is our hope - largely been focusing on flights from the West Coast and then would figure out the flights to the west coast

 

[HauntedPirate]

You’re willingly going to a Carribean Island during peak hurricane season. That’s why it’s so cheap, I hope your gamble pays off

Late October is hardly "peak hurricane season".

 

[Touchdown]

Late October is hardly "peak hurricane season".

Aug-October is the peak. Yes September is the worst but August and October are significantly more active then any other months (except September.) Also the later in the season, the more likely for a storm to form in the Carribean and give you no warning.

 

[Miss Bella]

The reality is inflation has tapped out the consumer. If WDW lowers prices the people that can afford it will suddenly find value in it again. I just booked 2 nights in a preferred studio at Saratoga springs with rental site. Got a great deal 550.00 for two nights. I love that resort and I like Disney Springs. 250-400 is the max a deluxe resort should cost. I'm not paying 800+ a night. I'm just not doing that.

I don't know if I'll go to one of the parks or not. Maybe will go to Sea World. Sea World is cheap.

 

[Vegas Disney Fan]

To be honest, it sounds counterintuitive to me that enforcing shorter terms for the CEO and board members would result in longer term thinking. Wouldn't the incentive then be to get as much from the position in the limited time you had?

Even the question about legacy seems counterintuitive: why would someone unconcerned about their legacy care more about the health of Disney in the longterm than someone who was concerned about their legacy?

Stocks are always a great incentive, if I knew my time was limited and 70% of my wealth would come from stock I’d be very focused to leaving the company on solid ground for the future.

That wasn’t really my point though, when someone becomes CEO their focus seems to be “fixing” problems and building towards the future, over time they seem to be less concerned about their company legacy and more concerned with their personal legacy.

 

[HauntedPirate]

View attachment 886200

Aug-October is the peak. Yes September is the worst but August and October are significantly more active then any other months (except September.) Also the later in the season, the more likely for a storm to form in the Carribean and give you no warning.

And where on the graph (which is widely available and I looked at, several times, before posting) does "late October" fall? On the decline towards the lowest point of the season. Not a hill you should die on.

 

[Miss Bella]

Hot tip -
When you do eventually make that trip to Japan, considering flying from the East Coast to the West Coast and stopping there for a night of two.
Then take a flight from the West Coast to Japan.

Breaking up the flight into two may help with the expense, and it will also help you adjust better to the massive ‘jet lag’ you would have to deal with if flying across the world in one shot.




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That's what I do when I come back from Europe. I live in the west. I can't get off a 10 hour flight and get back on 5 hour flight.

 

[Nubs70]

View attachment 886200

Aug-October is the peak. Yes September is the worst but August and October are significantly more active then any other months (except September.) Also the later in the season, the more likely for a storm to form in the Carribean and give you no warning.

So I'm looking at 0.05 hurricanes and 0.13 tropical storms multiplied by the fractional landmass of the Dominican Republic in respect to the Atlantic Basin.

 

[Sirwalterraleigh]

Long term strategic marketing focuses on general demographics, with declining birth rates, the proportion of households and retirees will increase.

's have a higher level of disposable income. Retirees have higher disposable income due to TVM.

These are the easiest targets for the WDW "luxury" experience.

My dude…riding the teacups is not nor ever will be “luxury”

Neither will be chipmunks doing a dance in front of your table as you eat a lb and a half of bacon

 

[Sirwalterraleigh]

I can drive away from danger by driving north on said peninsula. I’m not willing to go to island where I can’t do that, it’s just not worth it. 10% chance of at best an evacuation after days/weeks without services. Worse case scenario is death. No thank you.

1. You have a totally weird phobia about this…if a storm hits, they don’t make you climb a palm tree to ride it out
2. The Dominican Republic sucks anyway…not going ever would take this issue off the table

 

[Miss Bella]

Long term strategic marketing focuses on general demographics, with declining birth rates, the proportion of households and retirees will increase.

's have a higher level of disposable income. Retirees have higher disposable income due to TVM.

These are the easiest targets for the WDW "luxury" experience.

They better build some walker and wheelchair storage next to each ride.

 

[Miss Bella]

Hope Disney isn't just thinking about uber-rich & Disney Adults, b/c those wells will one day run dry.

Boomers own 25% of real estate in this country and hold most of wealth. They will eventually die off. Will they leave their wealth to their kids or will that dry up due to some economic event.

I know the Disney adults like to think they are the norm, but its such a small minority. If you never have kids are you going to spend your vacation money going to WDW every year. That's kind of weird.

 

[Andrew C]

I know the Disney adults like to think they are the norm, but its such a small minority. If you never have kids are you going to spend your vacation money going to WDW every year. That's kind of weird.

If it was such a small minority Disney would not be catering to them. It some ways you can say they almost created them. I too once underestimated their influence and size.

 

[jah4955]

Boomers own 25% of real estate in this country and hold most of wealth. They will eventually die off. Will they leave their wealth to their kids or will that dry up due to some economic event.

I know the Disney adults like to think they are the norm, but its such a small minority. If you never have kids are you going to spend your vacation money going to WDW every year. That's kind of weird.

I base this off many firsthand experiences in my profession: Much of the "Greatest Generation," thru no fault of their own, completely outlived their savings simply because virtually no one before their generation lived that long ....and they certainly didn't plan to live that long. Most non-Boomers I know have been struggling for years and years to make ends meet, truly living "paycheck to paycheck" (in most cases thru no fault of their own). Many Boomers are currently helping their children/grandchildren "make ends meet." I even know/knew of many who are/were depending on their parents' inheritances. I believe that overall the Boomers are the last generation to have estates of any significance to bequeath (and that's assuming they saved enough to live into their nineties).

I've feared/felt a severe time-bomb ticking here for many years.

 

[Miss Bella]

I base this off many firsthand experiences in my profession: Much of the "Greatest Generation," thru no fault of their own, completely outlived their savings simply because virtually no one before their generation lived that long ....and they certainly didn't plan to live that long. Most non-Boomers I know have been struggling for years and years to make ends meet, truly living "paycheck to paycheck" (in most cases thru no fault of their own). Many Boomers are currently helping their children/grandchildren "make ends meet." I even know/knew of many who are/were depending on their parents' inheritances. I believe that overall the Boomers are the last generation to have estates of any significance to bequeath (and that's assuming they saved enough to live into their nineties).

I've feared/felt a severe time-bomb ticking here for many years.

That bomb will go off one day.

 

[Miss Bella]

If it was such a small minority Disney would not be catering to them. It some ways you can say they almost created them. I too once underestimated their influence and size.

Disney can cater all they want. It's going to fail.

 

[Touchdown]

1. You have a totally weird phobia about this…if a storm hits, they don’t make you climb a palm tree to ride it out
2. The Dominican Republic sucks anyway…not going ever would take this issue off the table

I’ve talked to enough people who have had this happen to them, I don’t want it to happen to me. There are plenty of other months to go to the islands, avoiding 3 months out of the year isn’t hard.

 

[MR.Dis]

Baby boomers are were born between 1946 and 1964, there are approx 73 mill alive or just over 20% of the US Population. That is still a lot of people who grew up with the Disney pixie dust in their eyes. On a sad note, there are only approx 66,000 WWII veterans still with us. As the son of WWII Veteran, I can only admire the sacrifices they made to not just save the US but the entire world. My parents worked hard to make sure all three of their children went to college to have a better economic future than they had. They never could afford to take us to Disneyland, so as a grand parent it gives me great pleasure to take my grand kids, their memories of the trips to WDW will last long after we are gone and make my wife and I feel immortal.

 

[Miss Bella]

I’ve talked to enough people who have had this happen to them, I don’t want it to happen to me. There are plenty of other months to go to the islands, avoiding 3 months out of the year isn’t hard.

Understandable. I've lost track of all the difficulty of I've had flying anywhere due to weather somewhere. It took me two extra days to get home from Florida in July. I may just have bad luck.