CaptainAmerica
Premium Member
They'd still get hit with that first quarter of depreciation though, right? My understanding is that depreciation isn't pro-rated within the quarter. So if it's open in Q3 even for one day, Q3 depreciation will hit in full.Yes. The remaining costs of construction go into Q3 without operational costs (bookings are strong in Q3, so that’s “fine”). Summer bookings have been soft in recent years, but of course all of the guests who didn’t come for Pandora will now book in Q4 ‘18 for this exciting land. And with the announced opening, those bookings will be in Q4. Telephone agents are awaiting your call to book.
So says the PowerPoint slides.