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News New Gondola Transportation - Disney Skyliner -
- Thread starter danlb_2000
- Start date
This is actually quite rapid by WTDC of today’s standards. The aim is for it to be physically running in a year, and carrying passengers no later than SWL opening.
Horizons '83
Well-Known Member
- In the Parks
- No
Awesome as always, I've said it with your other renderings but I'll say it here too, thank you, I am so visual this really put things in perspective.
GhostHost1000
Premium Member
the skyliner vehicles
davis_unoxx
Well-Known Member
Jeus so in a year from now they might not have people riding on them? That's crazy.
It was never planned for it to be open to guests a year from now.
mikenatcity1
Well-Known Member
It's amazed me how slow everything takes with WD. I know they want quality, but is there really another reason why things take so long to build at the parks vs how others do it?
djkidkaz
Well-Known Member
Like what is there to compare to other than Universal? Six Flags definitely doesn’t even come close to putting In the effort and detail of either Disney or Uni so there quick yearly turnaround on rides every season isn’t comparable. I would also argue that even Uni doesn’t put in the level of detail Disney does besides Harry Potter but it’s the next closest thing and all we have to compare.
nickys
Premium Member
Spreading costs over different fiscal years.
Horizons '83
Well-Known Member
- In the Parks
- No
Bingo
nickys
Premium Member
Well, in fairness, I have to credit the many, many times I've read it on this forum.
Goofyernmost
Well-Known Member
No, that is not how accounting for capital investment works. They set the opening dates based on how many things they want to open at certain time. They would be idiots to open everything all at once. Other factors are like the length of time for the 7DMT built in the middle of an active theme park with limited access both in space and time of day. It's like moving a mountain of dirt with a 5 gallon bucket instead of a dump truck. Also, something that none of us would know about might be that errors in planning or errors in engineering can also delay things and we would never know that.
Except that people who are knowledgeable about such things have said that it's why Disney stretched out the construction.
Horizons '83
Well-Known Member
- In the Parks
- No
Sorry, this isn't correct.
nickys
Premium Member
Of course they set opening dates when they want!
But the reason they then start building so long beforehand is so they can spread the costs over time. Gotta keep those investors happy.
Bender123
Well-Known Member
Of course they set opening dates when they want!
But the reason they then start building so long beforehand is so they can spread the costs over time. Gotta keep those investors happy.
If there is a cost motivation, its likely due to construction planning and real resources...If you are doing massive amounts of land moving, you end up competing against yourself if you try to do all your projects at the same time. If you can stagger the jobs and requirements, you can keep a smaller number workers busy for longer instead of bringing in a huge amount of workers for a single period and driving your costs up.
In Orlando theme parks (not including all the other normal stuff), you have Rat, CBR, CSR, GotG, Gondolas, WDW road reconstruction, Toy Story, Star Wars GE, NintendoLand, more Harry Potter, Tron Coaster, etc...If you can sign a longer contract that keeps your earth movers, steel workers, landscapers, etc...more spread out, you also don't drive up labor costs and shortages.
Goofyernmost
Well-Known Member
I don't think we have a single "insider" that has access to the accounting practices of a company the size of Disney and if they did the primary location would be in California. What I do know is until a Capital Investment comes on line actual cash has no strength at all. Capital items are handled and charged off as depreciation almost nothing unless they bought an arrangement of flowers for the project manager are considered cash expense and Disney would almost never use their own money to finance the construction. The asset "cash" is transferred to being an asset "property". Nothing is considered an expense that has tax implications. If they are building an attraction for the purpose of drawing paying customers to the parks it would be counter-intuitive to delay production all the while spending out cash to build it. It makes no sense at all especially when you consider the humongous cash reserve of TWDC.
And that's why experts told us the SWL in DHS won't be opening until 2021.
The main reason.
Goofyernmost
Well-Known Member
Like I just said... no company with the credit rates that Disney is able to get, will use their own cash to finance the building of an attraction. All doing that does is delay when they start to get revenue because of the investment. At that point they cost out, through deprecation, the reduction of taxable income based on the investment. That is what makes the investor happy... the magic word... profit. That is why when they look to increase profit they head for ticket price increases and staffing reductions. Those are the things that make the investors happy. How do you suppose they can show billions in profit at the same time they are spending billions in Capital investments.Of course they set opening dates when they want!
But the reason they then start building so long beforehand is so they can spread the costs over time. Gotta keep those investors happy.