I was told by one of my patients yesterday that one of the larger independent attraction development houses here in Orlando had a large layoff very recently as Disney put several big projects on hold. They were working on projects at DAK, MK, and "something else." Doesn't mean they won't be built, nor does it mean other projects were stopped as well. But they were expecting to be VERY busy over the next 5 years. The important thing I've been told is that Disney corporate management[contrary to what a lot us think] really does want to reinvest in the Florida project.
A little help for a change from Richard Cook and the movie studios might free up the cash needed.
I hear they want to see a good Q1 2010 companywide before they commit, which in my opinion means they being risk averse when they should be taking advantage on current cheaper construction costs. Then again I'm far from certain we are not in a bear market rally, so maybe the ABC TV weatherman-CEO is right.
A little help for a change from Richard Cook and the movie studios might free up the cash needed.
I hear they want to see a good Q1 2010 companywide before they commit, which in my opinion means they being risk averse when they should be taking advantage on current cheaper construction costs. Then again I'm far from certain we are not in a bear market rally, so maybe the ABC TV weatherman-CEO is right.