The unofficial word is BLT cost $200M to build. Converting hotel rooms should be a lot cheaper than building a whole tower. Considering that they sold all the BLT points for around $700M in about 3 years it was a hugely cash positive investment. IMHO the money invested in DVC has no impact on money allocated to the parks. If anything the super profits generated by DVC help prop up P&R numbers and prevent even further cost cutting.
I don't think the monorail should be expanded (except maybe a short run to DHS). Light rail is the future. WDW, OCCC, OIA, and the port at Cape Canaveral need to be connected by rail. Best work with a third party such as All Aboard Florida (who is already laying track between OIA and Cocoa Beach).Even better, buy all of Time Warner then sell Comcast the pieces you don't want for a boat load of cash and the rights to marvel. Use the cash to expand the monorail at WDW
I've been inoculated.
This response is partially a joke. Would a financially astute individual buy a stock that yields a 20% return with funds that have 25%+ interest, then proclaim their success?
Capital gains? I think you mean investment which is an expense.
I mean gains from selling off the Comcast assets.
By Iger, yes, not Eisner. Eisner actually expanded the property on at least three occasions: the property where Flamingo Crossings was going to go, the Lake County property, and the Disney Reserve (allowed for development on the traditional acres while giving more acres back to nature).
Celebration was deannexed and sold with the start of the project. From the beginning the plan was that Disney would eventually cede all control over to the homeowners. That just happened sooner than originally planned.
Yes, the homes, but not all that land and the development itself! There are massive plots of land that are empty along 192 that was given away as part of Celebrations to the company that bought it.
No. Everything was set up to be divested at the beginning.
