Kamikaze
Well-Known Member
How do you police that? Their normal method that would be the easiest (wristbands) is a no-no in the current situation.
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On layoffs, very bad attendance, and Iger's legacy being one of disgrace
- Thread starter pheneix
- Start date
How do you police that? Their normal method that would be the easiest (wristbands) is a no-no in the current situation.
peter11435
Well-Known Member
It will help somewhat but it won’t fix the unsustainable and nearly unprofitable attendance limits. There are issues with the distribution of park pass inventory and bigger issues with the amount of no-shows but the primary issue is that even had full Covid capacity the numbers are two low to be sustainable. Even at full capacity the parks are dead.
The problem with park hopping is that in your scenario you would now be taking a reservation slot in two parks while only being able to physically be in one. Plus the added strain on transportation
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Nubs70
Well-Known Member
C4 neck collars
NickMaio
Well-Known Member
Everyone gets a magic band that they need to scan for every ride. After 4 hours they cant go on any rides.
Sirwalterraleigh
Premium Member
I have no scenario in mind where US airlines can survive/operate as before without a federal blank check.
Gotta call B on this one...
An internal acknowledgment of this would indicate they are considering trying to provide more value for their prices...
Iger...Chappie...Wall Street?
Nope:..not buying it. That era is gone.
Sirwalterraleigh
Premium Member
Not well
Some employers insist emoyees who travel to those areas quarantine. A few with pay, some can work at home and others without pay. Trip posts and pictures posted on social media inform employers
FullSailDan
Well-Known Member
I think it all depends on a few things:
1. How long the economic downturn lasts and how bad it is. Yeah, people want to go out and do things, but the basics will take priority over a trip to WDW. If people are out of work, and jobs are slow to return, people wont be saving for a trip, they'll be scraping by until they land comfortably again. Layoffs are coming, Americans aren't coming to WDW for a multitude of reasons, but a large one is people are in survivor mode. Not just from the virus but from potential job losses and economic uncertainty.
2. How aggressively TWDC prices themselves. Many are dipping into savings at the moment, they wont have the cash to go at today's prices. The premium customer that Disney wants is generally being conservative with cash right now. With hotels seeing a downturn in business, TWDC will need to reconsider its pricing structure. Hell, the entire hospitality industry is trying to figure that out right now. Business travel is going to be gutted for the foreseeable future. As the backbone of many large hotels business, expect to see some hotels trend consumer rates up to offset the losses, while others re-baseline their business and price aggressively to fill rooms consistently. Contrary to popular belief, your average Marriott isn't super profitable. Expect them evaluate where they can save such as less frequent housekeeping, scrapping planned renovations, keeping furniture longer, removing free shuttles, etc.
3. How much of the experience returns. Disney parks are great, but when you shave off entertainment, meet and greets, nighttime spectaculars, etc., you have a product that isn't as different from something you can receive elsewhere. Many of us absolutely say the quality is still higher and see value, but for many it becomes a lot harder to justify $120+ a day when $60-80 is still a fun experience at a local Kings, Busch, or Six Flags.
4. Travel availability - double edged sword here. If Americans can't travel abroad, they will look closer at US destinations obviously. International travel has been over-hyped in these forums for the contributing factor. Last I heard it was between 15 to 20% of WDWs crowd levels? (insiders please correct me!) While not insignificant, there's no doubt the bulk of guests are domestic. However, air travel is about to be really different. Flight capacity and availability will be finicky while airlines adjust to the loss of business travel. The consulting firm I work for has been in the top 5 customers of every airline for a while because we fly so much. Our clients aren't just expecting us to not travel right now, they are demanding we adjust our MSAs to be remote first, and help them develop virtual workplace strategies. Everyone agrees business travel is forever changed, which will reduce flights, raise costs, etc. Consumers used to be what filled in excess capacity from those of us flying for a living. Airlines were on razor thin margins before, sure they will look to cut costs where possible, but they have a lot of fixed costs that aren't easy to renegotiate like long term fuel price contracts.
esskay
Well-Known Member
Not going to argue with you, I know what I know and I know what I've seen.
People forget that production is more than a camera pointing at someone. JW set building restarted a month ago at Pinewood for example and theres no shoot plans for a while yet.
Sirwalterraleigh
Premium Member
There are absolutely no signs of a travel recovery...and the larger economic pain hasn’t even started yet.
It’s a recession...as much as people want to shout “NO!!!”...it is. Recessions will trigger the same moves by business they always do: instead of Those at the top increasing their fortunes selling things...they will do so by slashing things.
Nothing is different...nothing.
You and the chef aren’t gonna be sitting next to each at the dwarf buffet getting ready to go to after hours magic in a packed park anytime soon.
Have to look at the whole picture and the bad stuff is just beginning.
disneygeek90
Well-Known Member
The AP availability once again is... not great. Silver blockout release is definitely affecting August. Welcome to the AP struggle where you can maybe go to MK one weekend if you book it 30 days in advance. Otherwise, Epcot it is.
disneygeek90
Well-Known Member
Except at HS. And sometimes MK.
Love your optimism.
TJJohn12
Well-Known Member
I'm not sure there's any corporate raiders with their own assets in a good state who could attempt a takeover at the moment. Stock price is down about $40 since its high in November 2019 - and it will likely sink on Monday and Tuesday - but I'm not seeing it plummet low enough for someone to amass 51% share. The low trough was $86 in March. There's something like 1.8 billion shares on the market.
With a cratering like March, that'd mean an outlay of $77 Billion to make the move outright if the buyer holds no shares at the moment. I just don't see that kind of liquidity ANYWHERE in the market at the moment, save Bezos or Apple.
peter11435
Well-Known Member
Even at HS. Certain parts of the park may feel busy. But the park as a whole is still dead. The issue is insufficient crowd distribution.
HongKongFooy
Well-Known Member
Yes, well done with the commonality of both being citrus
Love me some Taco Bell! And note: they don't do fish tacos.