Brian
Well-Known Member
I don't want to mince words, but "whopping" is meant to invoke the magnitude of the sum of money. Again, even for Disney, $60 billion is no small sum. That is quite a major investment.You again ignored that they called it “whopping”, as in exceptionally large. That’s not a positive description.
Attractions are a bad return on investment. That’s been a central problem to Disney’s operation of Walt Disney World since the mid-90s. It’s why Disney’s Animal Kingdom, Disney’s California Adventure, Walt Disney Studios Park and Hong Kong Disneyland we’re all built as cut down half day parks. That’s why Wall Street has not liked the parks business. It’s why Rasulo was focused on trying to build hotels outside of the park resorts.
When discussing Disney's lack of fiscal discipline as part of their rationale for board seats, it would be reasonable to call out the size of that sum as an item they would focus their efforts on to ensure reasonable shareholder return.
Attractions are a bad return on investment if one takes the narrow-minded view of "this new ride won't generate any money." Of course, the majority of guests visit the parks and spend money on resort stays, parking, merchandise, food and more because of the attractions.