GoofGoof
Premium Member
I agree with your point on demand skyrocketing. I just don’t see any way to return the full experience without a vaccine or some serious improvements in testing/tracing combined with better treatments. That’s why I think we are looking at 6 months to a year before we see a major spike in demand at WDW. Even then it won’t be an immediate return to pre-Covid levels but a return to something closer to normal. The economics of a theme park work best with large crowds and surge pricing. That’s just not possible with distancing and capacity limits. The transport alone is a nightmare let alone park crowds.RV sales kept the gdp number from bring much worse. RVs are very expensive so the narrative that "Millions are out of work and that's a big reason why the parks are not crowded." doesn't make sense. Their are more examples like this.
Low wage jobs were hit, HARD. I feel for those people, it's a tough situation. But they are not Disney's target audience. Disney has been targeting high income earners for years and most of them are doing just fine (the economic data backs this up in many ways). White collar hasn't been effected by this anywhere near levels that would keep the parks empty.
It is much more related to decreased value for the money and the nuisance of air travel right now. People love fireworks and parades. If someone is only going to go 1-2 times to Disney World, why would they go now???
I feel strongly that once a mostly full experience is delivered, demand will skyrocket. Just think of everyone who pushed 2020 trips to next year...
Just my opinions with some data to back them up. Might be totally wrong.
On the economy, there are many, many small business owners suffering terribly right now. Not all, but some are in the demographic of WDW regular visitors. So while the waitress making minimum wage may not be in the key demographic for WDW the restaurant owner and his family probably are. There are other people impacted like managers and higher paid workers in the hospitality industry too. Airline pilots, hotel managers, etc. My only point is not all the pain is limited to just hourly workers. They make up the vast majority, but there are many others impacted. Another point to consider is many families are 2 earner families so if mom has a good corporate job that’s been untouched by Covid and dad is a bartender who has been out of work since March it may be that the family can get by financially with a little belt tightening but that extra money they usually would use for a vacation just isn’t there anymore. Another way this applies is people with second jobs. My good friend works a regular 9-5 job which hasn’t been too impacted by Covid but he also bartends 1 or 2 nights a week for extra money. That extra money isn’t there right now. So he is still paying the mortgage but has no money for vacations. His family are regular visitors to WDW but won’t be going any time soon.