Disstevefan1
Well-Known Member
Why not? The world is ending anyway
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WDW during a Recession / Economic Downturn
- Thread starter Tha Realest
- Start date
The Colonel
Well-Known Member
DVC resales were dirt cheap
Eric Graham
Well-Known Member
if there was no tomorrow coming up..disney is nice, but wouldn't you rather go somewhere else? Hawaii, Bahamas, Caribbean.
Eric Graham
Well-Known Member
my wife and I's jobs are pretty much recession proof, so it doesnt really matter to us....
lazyboy97o
Well-Known Member
Good to know that the drops in air travel that has Delta pulling its business forecast won’t impact Walt Disney World.
ctrlaltdel
Well-Known Member
If you do still have a job, it will likely lead to some very nice travel deals!
If you still have a job get ready for more responsibilities since you survived the lay offs !
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Disney Analyst
Well-Known Member
It’s kinda funny… when all this started, and it was mostly us Canadians talking of changing our travel plans, a lot of people were like “whatever”. Now I’m starting to see the panic set it. Palm Springs is erecting banners saying “We Love
”. Airlines realizing bookings are down. Hoteliers on the news showing off all the cancellations. And now you see many other countries citizens are joining and changing travel plans.
It’s hard to know what is going to happen, but I do believe the US is certainly facing a tourism recession this year.
Mayor Buddy Dyer of Orlando recently expressed concern on the drop off in Canadian tourists visiting Central Florida. The bread and butter of revenue is tourism. Delta is cancelling the 4x a week flights from UK to Orlando MCO which is not good.It’s kinda funny… when all this started, and it was mostly us Canadians talking of changing our travel plans, a lot of people were like “whatever”. Now I’m starting to see the panic set it. Palm Springs is erecting banners saying “We Love
And now you see many other countries citizens are joining and changing travel plans.
It’s hard to know what is going to happen, but I do believe the US is certainly facing a tourism recession this year.
coffeefan
Well-Known Member
But also higher prices for almost everything else. Economists are predicting stagflation if things don't change.
mergatroid
Well-Known Member
Some people in the UK are changing plans also, we're doing Disneyland Paris this year instead.
Wendy Pleakley
Well-Known Member
It’s kinda funny… when all this started, and it was mostly us Canadians talking of changing our travel plans, a lot of people were like “whatever”. Now I’m starting to see the panic set it. Palm Springs is erecting banners saying “We Love
And now you see many other countries citizens are joining and changing travel plans.
It’s hard to know what is going to happen, but I do believe the US is certainly facing a tourism recession this year.
Yep.
This doesn't seem to have been mentioned in the thread until now.
It's a double whammy of potential recession AND a drop in global tourism demand.
Disney is big enough to weather the storms however. They've always been profitable even when attendance was much lower comparatively and hours were longer. They certainly have become more efficient at squeezing profit out of people but they have plenty of breathing room.
Smaller business, especially in border towns, which live or die on tourism are another story.
Disstevefan1
Well-Known Member
Does this mean WDW will be less MOBBED
?sure WDW can be less mobbed but fewer offerings hours services etc and not all offerings 7x a week. Aka post 9/11/01.Does this mean WDW will be less MOBBED
Disstevefan1
Well-Known Member
Gotta take the good with the bad I guess...
Wendy Pleakley
Well-Known Member
The reservation system really facilitates this as well. The system is not so much about crowd control as it is about adjusting service levels to match the crowds.
Attendance is down? Disney can run less coaster trains for example so that wait times remain stable.
Yes and less attendance then less cast needed to be scheduled to work.
nickys
Premium Member
But only AP holders have to make reservations.
Disstevefan1
Well-Known Member
If Disney wanted to show higher attendance for the sake of attendance all they need to do is to remove all PPRs and remove some blackout days from APs