News Walt Disney Company plans to spend $17 billion at Walt Disney World over the next ten years

doctornick

Well-Known Member
*Points at title of thread* 10 years. :)

Right...?

Plans can and will change for the future, but I was responding to the idea that "we would have heard something" if there were plans to spend significant money in the near future. We have heard such things, just not concrete details yet.

Outside of the next 3-5 years or so, I doubt there would be anything to even know about. Nothing would be approved at this point so there would be no plans. Maybe there is some aspirational stuff being considered. That doesn't mean that money will or will not be spent in (say) 5-10 years from now. Especially under new leadership. We just wouldn't know, even if there is a firm commitment now to spend that much over 10 years.
 

Disney Dad 3000

Well-Known Member


Synopsis: Universal Creative got cold feet on Zelda and wanted to wait to see a ROI for other Nintendo properties. Now that they’ve seen it, they’re going full steam ahead.


It really is wild that Universal shows no signs of stopping while they have a whole new park in the works, nevermind replacing an old attraction (shrek), redoing the kidzone and most likely with big plans for Lost Continent. Would have been easy to keep Poseidon going until EU opens and then do something, but have to assume they have immediate plans to start work on the space.

Would love to see this give Disney a kick in the pants to spend that 17B earlier, but if they weren't going to really do that with EU, don't see this moving the needle (maybe?). As many have said, have to assume they feel they are good with Tron open and Tiana in the pipeline. I think it's a given Moana gets confirmed at/before DD23. Question is, do they actually go into high gear on a project again for the first time in a bit.
 

HauntedPirate

Park nostalgist
Premium Member
Right...?

Plans can and will change for the future, but I was responding to the idea that "we would have heard something" if there were plans to spend significant money in the near future. We have heard such things, just not concrete details yet.

Outside of the next 3-5 years or so, I doubt there would be anything to even know about. Nothing would be approved at this point so there would be no plans. Maybe there is some aspirational stuff being considered. That doesn't mean that money will or will not be spent in (say) 5-10 years from now. Especially under new leadership. We just wouldn't know, even if there is a firm commitment now to spend that much over 10 years.

Gotcha.

Here's the thing - There would have to be shovels moving dirt for something new to be open 5 years from today, let alone 3 years. To me, Iger's statement is very back-loaded and absolutely feels like PR-written-to-score-public-opinion-points fluff in order to make it sound like TWDC is going to be spending tons of money in the state over the next 10 years and curry favor.

As I've said several times, I'm taking this whole "We're going to spend $17 billion on WDW In the next 10 years" stuff with a very large grain of salt.
 

MisterPenguin

President of Animal Kingdom
Premium Member
It's amazing how WDW is claiming $17B in investments while Universal is actually working on stuff without having to show off a figure.

Universal is pretty much spending a similar, if not more, amount at their own resort over the next few years.
Yeah, I know! What's Universal trying to hide?!?!
 

MisterPenguin

President of Animal Kingdom
Premium Member
With how good the insiders are on this board (and across the web), I'm calling major BS on anything Disney is trying to act they have up their sleeves'. Rumors are always leaked on what they are working on, and there has been nothing hinted at for years? (I can't even think of the last rumor that was spreading around - besides the garbage blue sky at D23 that was totally baseless).
Actually, our best Insiders have always said there were other things in the works that were not made known. Mostly because they didn't get their greenlight budget yet. And consequently, our Insiders were not 'breaking' scoops about things not greenlit, nor were they going to expose their sources.

The lack of insider leaks doesn't mean there aren't plans in the works. Or, it may, but not necessarily.
 

SplashJacket

Well-Known Member
It really is wild that Universal shows no signs of stopping while they have a whole new park in the works, nevermind replacing an old attraction (shrek), redoing the kidzone and most likely with big plans for Lost Continent. Would have been easy to keep Poseidon going until EU opens and then do something, but have to assume they have immediate plans to start work on the space.

Would love to see this give Disney a kick in the pants to spend that 17B earlier, but if they weren't going to really do that with EU, don't see this moving the needle (maybe?). As many have said, have to assume they feel they are good with Tron open and Tiana in the pipeline. I think it's a given Moana gets confirmed at/before DD23. Question is, do they actually go into high gear on a project again for the first time in a bit.
Universal’s current lineup:
  • 2023: Minions
  • 2024: KidZone
  • 2025: Epic Universe
  • 2026/2027?: Zelda?
WDW’s current lineup
  • 2023: Tron/Epcot Spine
  • 2024: TBA
  • 2025: 🦗
  • 2026+: Maybe Moana at Animal Kingdom/Magic Kingdom Expansions
 

Indy_UK

Well-Known Member
Crazy thing is, while Universal is going full stream on bulking their parks, I think they’re still being a little overconfident that they are actually going to take away much marketshare
 

Andrew25

Well-Known Member
Crazy thing is, while Universal is going full stream on bulking their parks, I think they’re still being a little overconfident that they are actually going to take away much marketshare

Universal is not going to takeaway attendance from MK, but they are fighting against the other WDW parks for the remaining days in a family's trip.

Universal's hotels are booked to capacity most weekends now. Attendance at Universal since 2010 has grown 3x. Disney has grown, but not at that rate.
 

KeithVH

Well-Known Member
Pardon my lack of knowledge, but how does the ideation process currently work at TWDC. Would like to understand this a little more. The reading I've done, and some of the shows I've watched, lead me to believe you had one (or a very select few people) who actually developed the original ideas of that are now elements of the parks. Sometimes those ideas were VERY detailed and just a matter of building it. More engineering, rather than imagination, at that point.

My impression now is a huge amount of groupthink with teams and study groups and forcing an entertainment model into an IP mold. I guess I just don't see Iger waking up one morning and saying "I just dreamed about this, go build this coold new ride concept/show/experience . . ." However, that is my understanding of how things WERE done back in the day. Anyone have the details of what it's like now? Besides being a dog's dinner of process?
 

KeithVH

Well-Known Member
I go to SeaWorld to see Penguins.
giphy.gif
 

Disstevefan1

Well-Known Member
Universal is not going to takeaway attendance from MK, but they are fighting against the other WDW parks for the remaining days in a family's trip.

Universal's hotels are booked to capacity most weekends now. Attendance at Universal since 2010 has grown 3x. Disney has grown, but not at that rate.
I have no data, but I think Universal Orlando is taking days here and there from folks who normally vacation exclusively at WDW.

I think you don't see it in the numbers because there are so many NEW visitors to WDW that more than makes up for any loss of days that result from Universal visits.

Success does not have to be measured by being listed at the top of at chart someplace.
 

BlakeW39

Well-Known Member
I go to SeaWorld to see Penguins.

Real talk though, a land at DAK focused on non-tropical ecosystems would rock. Everytime someone mentions a South America land I think, "well sure, but what about a North America land?" Or even a European/North Asian land. More monkeys and big cats are great and all, but what about wolves, bears, moose, and yes, penguins....would be cool to see something like that brought to the park.
 

Disstevefan1

Well-Known Member
Real talk though, a land at DAK focused on non-tropical ecosystems would rock. Everytime someone mentions a South America land I think, "well sure, but what about a North America land?" Or even a European/North Asian land. More monkeys and big cats are great and all, but what about wolves, bears, moose, and yes, penguins....would be cool to see something like that brought to the park.
Seriously, I would love to see a Penguin exabit at AK!
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom