ToTBellHop
Well-Known Member
Last I’d heard but I just figured a pause would involve less work...
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News Tron coaster coming to the Magic Kingdom
- Thread starter wdwmagic
- Start date
lazyboy97o
Well-Known Member
The canopy was always supposed to continue. It was everything else that paused, namely the interior.
Jrb1979
Well-Known Member
Wasn't the plan to finish the canopy and then stop construction.
ToTBellHop
Well-Known Member
From current progress, I’d be shocked if the canopy (are they installing panels?) is done anytime soon anyway.
Jrb1979
Well-Known Member
Either way it blows my mind they are taking so long to finish this. Universal finished and opened a new coaster with just as much theming in less time its taking them to finish the canopy.
Mr. Moderate
Well-Known Member
I've said this before and I'll repeat it again. I would be happy if for right now they finished the ground work somewhat, the canopy, and got the steam trains running again. If Disney wants to spread out the cost and not open Tron until late spring early summer 2022, so be it, but at least care enough about you customer base to get the trains running again. To me, a visit to MK isn't complete without riding the trains around the park and it adds to the overall experience. That's just my opinion.
Jrb1979
Well-Known Member
That's not happening til Tron is done.
Mr. Moderate
Well-Known Member
I figured as much and you're most likely right, but I was hoping for more. I give Universal credit for building that beautifully themed, exciting coaster in IOA, staying on point, and not using the pandemic as a way to halt construction and spread out the costs for future budgets. My two sons are looking forward to riding the VelociCoaster multiple times on our October trip, more than they are going to MK.
Incomudro
Well-Known Member
I'm guessing (hoping) that the panel installation is one of the quicker processes of the exterior build.
lazyboy97o
Well-Known Member
Does one coaster that had no good way to protect really make up for decimating Universal Creative, delaying not just Epic Universe but other projects that were being developed?
lunchbox1175
Well-Known Member
aw....come on why the hate for M.I.L.F? I quite enjoy that as a spot to get out of the heat and relax for a few.
EricsBiscuit
Well-Known Member
The theory that Disney is “spreading out the costs” is nonsense. Capex is amortized or depreciated. It wouldn’t all show up as an expense in one quarter. If they spend $100 million on a tractor in one quarter. The cost is spread over the life of the tractor. Same for every other capital expenditure. They’re simply incompetent. No other explanation. This thing should have soft opened by now. The Velocicoaster, which I just rode, puts Disney to shame with each dispatch.
You make me sound like an optimist!
jt04
Well-Known Member
People aren't opposed to the air conditioning, it is the place setting that is the glaring issue.
jt04
Well-Known Member
Uni doesn't have anything in the near term to respond at the openings of Rat, Guardians, and TRON.
(Mouse playing chess)
Though Epic Universe will in the very long term be a real challenge for twdc. IMO.
Far from nonsense. Two very real financial impacts happening here.
Cash Flow management is first. Cash is King. While the P&L impact is depreciated as you point out, the cash flow is short term...gotta pay for the materials and contractors. Delaying the build delays the impact to the cash flow statement. In a COVID situation where inbound cash is pinched, controlling the outflows matters. In fact, in terms of capital planning, targets are set for the divisions in context of yearly capital outlays...not the subsequent depreciation hit to the P&L.
Secondly, pushing out opening also pushes out the P&L impact of said depreciation along with all other associated pre-opening costs that have been parked in pre-paids awaiting the opening date. If the park is at 30% capacity today, you certainly don't want year one of Tron (and Guardians and Rat and...) depreciation weighing down your P&L.
Since you brought up Velocicoaster, by your theory Universal should be chugging away on Epic Universe construction since it's depreciated. Keep building it! You won't see it hit until 2025! Nope, that's not how cash works. And it's why that construction site is a ghost town.
So incompetence it is not. It's corporate financial management and it's what you need to do when you are managing a company with a $300B+ market cap. We may not always like the in-park impact (and it may not need to go as deep) but it's reality.
JEANYLASER
Well-Known Member
I can't hardly wait to ride on Tron:Lightcycle Run at the Magic Kingdom!
Mr. Moderate
Well-Known Member
I’d like to think that we all can agree when this pandemic is behind us, the parks are at pre pandemic levels, and improvements are being done, it will be better for everyone who frequents the theme parks. Especially when Epic Adventure is completed and hopefully it will raise the bar and Disney responds. One can dream, right? I have to say I appreciate some of this conversation here on this thread and it was educational. Thank you for the read.
Little Green Men
Well-Known Member
Maybe but If something like RnRc is hard for me to handle, I doubt I could ever ride Velocicoaster
Yeah. I like coasters, but coasters are kind of all the same to me, so I don't really put one up over the other. Except wooden coasters. I will always take a wooden coaster over any other coaster.
Tron lights up. And I am a huge original Tron fan. So points for that.