News WDW Resorts to add fees for parking

Laketravis

Laketravis

Well-Known Member
GoofGoof said:
  • 2016 available room nights = 10,382,000
  • 2015 available room nights = 10,644,000
  • 2016 occupied room nights = 9,240,000 (10,382,000 X 89%)
  • 2015 occupied room nights = 9,260,000 (10,644,000 X 87%)
Based on this information the actual number of occupied rooms is pretty close to flat year over year. So while attendance is down 1% they did sell about the same number of hotel rooms (technically it was down 0.2%).
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Well, not to get all technical and stuff but available room nights were actually 2.5% less in 2016 when compared to 2015.

Less inventory than the prior year makes for higher occupancy rates even with slightly less rooms booked.
 
Laketravis

Laketravis

Well-Known Member
GoofGoof said:
I said the number of occupied rooms was flat not available rooms.
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Right. I was highlighting the numbers you didn't mention, which tend to bolster the speculation that less rooms in inventory make for higher occupancy rates even when actual bookings are slightly down. Or flat, if you prefer.
 
GoofGoof

GoofGoof

Premium Member
Laketravis said:
Right. I was highlighting the numbers you didn't mention, which tend to bolster the speculation that less rooms in inventory make for higher occupancy rates even when actual bookings are slightly down. Or flat, if you prefer.
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I had to edit my original post because of the number of weeks in fiscal year 2015 vs 2016. 2015 had 53 weeks instead of 52 so that accounts for all but about a half percent decrease in available rooms.
 
Disone

Disone

Well-Known Member
lazyboy97o said:
Golf Resort was new and Disney owned. The Villas were also new and Disney owned. Hotel Plaza Blvd is still property developed at the behest of Disney. You don't say the Coke building isn't part of Disney Springs even though it was built and run by The Coca-Cola Company. Then there are all of the projects that fell through because a vastly smaller company lacked resources, hardly a concern today.
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Lazy boy, his point was until 1988 WDW did not focus at all on hotel room expansion and they could of.
 
ford91exploder

ford91exploder

Resident Curmudgeon
Laketravis said:
Well, not to get all technical and stuff but available room nights were actually 2.5% less in 2016 when compared to 2015.

Less inventory than the prior year makes for higher occupancy rates even with slightly less rooms booked.
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And we will probably see inventory decrease again for 2017 so the bookings will look good on the surface.

But manipulated occupancy and revenue growth through price increases and service cutbacks is not a sustainable model.
 
ford91exploder

ford91exploder

Resident Curmudgeon
flynnibus said:
My point was that not that ZERO growth has happened - that attendance growth has been anemic an Disney is not growing the business through customer growth, but through sucking more out of the same. When @CaptainAmerica discounts the concerns about a tipping point because there is no sign of it.. sure there is.. the fact growth is not happening. Demand isn't growing. The customer base is probably NOT growing.. but instead we are sucking more out of the same people.



I'm referring to growing attendance and more specifically.. concurrent capacity. Growth in capacity because you need to satisfy more customer demand. Instead Disney has been focusing on eliminating sack demand (which is smart). But I don't take that success which drives the bottom line to ignore what they are doing across the board and the risks to attracting and retaining customers.



We don't know what CBR will be, or if it will be growth. But even if it is.. we are still talking single digits over MANY years.. that's the point. That's anemic and we can not confuse growth in the revenue line with growth in true demand and customer growth.
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Compounding that Universal who IS using Disneys old playbook is growing their customer base and their top line revenues and is expanding their capacity at the same time. Now Orlando visits usually include both but if you have older kids they are probably going to want to skip Disney.

Disneys attractions are stale and worn out. Disneys hotel inventory is in many cases worn out as well. Disney is not refreshing the rooms as often as needed and they are using poor quality furnishings which are wearing out prematurely (I'm looking at you BLT/GFV)

WDW is probably 10 billion in the hole to get the parks and hotels back to the standards WDI designed them to. Yet Iger and his buddies keep cutting maintenance so they can fund stock buybacks
 
GoofGoof

GoofGoof

Premium Member
ford91exploder said:
And we will probably see inventory decrease again for 2017 so the bookings will look good on the surface.

But manipulated occupancy and revenue growth through price increases and service cutbacks is not a sustainable model.
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Except the numbers from the 10K show that the 2% year over year growth in occupancy from 87% to 89% was not due to taking rooms out of service.

The available room nights equals 28,500 rooms available all 52 weeks. That's pretty close to the total number of domestic rooms they have. It's hard to figure out how to treat the DVC rooms since I think they count a 2 bedroom equivalent as 1 room but they may actually be rented as 2 separate rooms. I know it's commonly stated here that occupancy is much lower but being inflated by taking rooms out of service, but the numbers don't seem to show that to be true, unless I'm missing something.
 
Laketravis

Laketravis

Well-Known Member
Regardless whether any manipulation of room supply occurs, kissing or surpassing 90% occupancy levels is inherently problematic and impacts guest satisfaction levels. Room turnover, availability, demand pressure on resources and other aspects suffer.

Keep that in mind when housekeeping is knocking on your door at 8am on checkout day.
 
ford91exploder

ford91exploder

Resident Curmudgeon
Laketravis said:
Regardless whether any manipulation of room supply occurs, kissing or surpassing 90% occupancy levels is inherently problematic and impacts guest satisfaction levels. Room turnover, availability, demand pressure on resources and other aspects suffer.

Keep that in mind when housekeeping is knocking on your door at 8am on checkout day.
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Exactly so
 
B

Brian Noble

Well-Known Member
Kingtut said:
Because the WDW management has decided that they simply do not want to invest in additional park capacity in Florida.
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New Fantasyland, the Pandoraverse, and Star Wars/Toy Story all seem to be counterexamples to that claim. The first was purely additive. The second is a pretty clear expansion of what was at best a stub land. I suspect it's not hard to show the DHS changes are capacity increases as well.
 

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