I did Boston to Beijing direct... 15 hours. To put some perspective on that, I watched two films and then slept for 6 hours... leaving myself enough time to watch another 2 full movies and a bit left over to sit in and reconsider my life choices.My flight over to that neck of the woods usually costs more. 13 hours is insanity. By hour 7 and a half, I'm thinking of jumping. Europe I can manage because I know the flight is almost over. But when it's hour 7 and you have 8,9,10 hours to go....your mind starts messing with you.
For that reason it's over to LAX for a night or two and then over to HNL for another 2 or 3 nights. I'll get there eventually.
Do you know how much it costs to fly to Japan?!
Honestly - - - - -Even if it did happen. I do not see DIS lowering or adjusting their current pricing trend of sky high. I feel that the type of client that they are after is the kind that would not be affected by any recession. They are after the top 20-25% income earners. Recession proof kind of people. I feel these price jumps are part of a bigger strategy. Also a lot of greedI feel a recession is on the horizon, I hope there isn't one, but if you follow the markers it seems one is coming. At that time I think Disney will have to re-balance their prices on all things related to parks. Of course this will go for all amusement properties not Disney. I don't feel it will be the same scope of the 2007 recession, but, it wont just be a slow down.
This re-balance may come in the form of just deep discounts and than brought back to full scale afterwards or actual cost cutting.
I don't see Disney going belly up in the near term or even in the next decade. Even today children are growing up with Disney in their face (movies, shows, etc) and they will be the customers of the future. Todays surge I think is because of all the big movies we all grew up with in the 90's and 00's. We are all now all grownd upped now (yes that was on purpose), and spending our money to relive or past memories, experience and be part of the movies we loved and to share all that with our children. Well that is many of you are sharing with your children, I don have any.
There is less attachment to other parks, other than HP at Universal, which will play a big part in it's future.
My amazing accurate prediction is that at some point Disney will sell the parks to someone who wants them or spin them off into a new company. The parks are a cash cow that prints money for Disney at the present but at some point in the future I foresee diminishing returns due to circumstances ( 9/11 , war, illness, major recession, green aliens land) at that point the Disney management will want to rid them themselves of the capital intensive park operations and focus solely on their media empire.So let's say in 5 years....
If the world is out pricing the middle class will the parks be empty?
Will they sell off the parks?
Will they be just like a state carnival or you local mall (which seems to be a popular criticism. i've never been to a state fair so this one intrigues me)?
Is there a possibility that they shut down totally?
Will they go on just as they are?
lol, I meant to attach a poll to make it a bit easier but hit post instead.
Won't flights be cheaper since we won't be using any fossil fuel in our airplanes by then?Yup, just shows you that the people paying $4400 shouldn't be doing the numbers for Disney World.
Good list. Just some comments.To reply to the OP. My predictions are -
No 5th park
Housekeeping at resorts will end.
You will pay to park at Disney Springs, and the parking fees there will continue to increase.
You must pay for all transportation; Magical Express, buses, monorail, ferries, gondolas, etc
Ticket prices will continue to increase
The number of blackout dates for APs will continue to increase
You will pay for Fast Passes
EPCOT food booths will remain open year round.
The number of DVC resorts will continue to increase
Room rates will continue to increase
Resort fees will continue to increase
Parking fees in both resorts and parks continue to increase
Food prices will continue to increase
The price for the dining plans will continue to increase, while at the same time, food choice and quality will continue to go down
The day ticket operating hours will continue to decrease
The number of hard ticket events and desert parties will continue to increase
The Hot cheese will return to Pacos Bills!
And last but not least, the CROWDS will continue to increase
Its too early for all of that...
But I think that the “traditional” theme park business will be altered greatly in 20 or so years...for better or worse.
I think Disney has removed a lot of the policies and safeguards that allows them to stay stable through economic cycles and that will have longterm consequences
It’s already close to reality...but I agree with you.I predict that the stand-by line will slowly be phased out, and Disney will make the FP+ a bigger part of the experience, or move towards a new reservation system entirely -- other than low demand rides and non-capacity experiences. I also think that hard ticket events will become the norm and a bigger part of the experience as well. Overall, WDW will move towards reservations and prior planning and less towards spur of the moment stuff.
What's your take on their financial exposure for DVC ? During the 2008 economic downturn, there were a bunch of repos by Disney from those who financed their timeshares via HELOC or 2nd mortgages. DVC doesnt get the maintenance funds from those and the carry shifts back to the Disney company. Of course Disney can re-sale them, but in a downturn the market isnt that good for that product.
Harder to gauge...
But my instincts are telling me two things:
1. They are gonna increase the price till they burn it out/dry up the lake. Management does not care nor should they due lack of proper corporate governance.
2. As has been detailed on many other topics: next generation will have a hard time affording it and they are pushing people away from the dedicated Disney park brand loyalty that caused it to sell - eventually.
That 2042 year is much larger as it grows closer...when these temporary contracts expire...they’ll lose tons of people and have to demolish the units and re-evaluate. That’s a big thing to look out for. They would have been better off making them 99 years and charging higher dues
They did it with Okw and it was kinda a messWouldn't you expect them to offer extensions as they did with SSR? If the units are decrepit then maybe demo/redo would be appropriate, but otherwise, I would expect them to keep things going.
They did it with Okw and it was kinda a mess
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