Cruise and Theme Park Operational Updates due to Coronavirus

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I think what the people in California should fear is a real lack of investment in theme parks located in the state going forward. The parks aren’t going to move, but how much money are operators going to be willing to dump into them going forward? If you were Chapek do you really want to invest heavily in new projects for a park that could be shutdown for a year again 24-36 months from now if this virus mutates and any vaccine becomes ineffective?

That is what I think is their biggest leverage and just not playing nice with the government and maybe relocating executive offices so they don't collect the taxes on their salaries or things like that
 
I think what the people in California should fear is a real lack of investment in theme parks located in the state going forward. The parks aren’t going to move, but how much money are operators going to be willing to dump into them going forward? If you were Chapek do you really want to invest heavily in new projects for a park that could be shutdown for a year again 24-36 months from now if this virus mutates and any vaccine becomes ineffective?
Well, in the near term, there won't be many new projects for either domestic parks for the foreseeable future. They're just going to elongate what projects are currently underway to spread out costs and openings. Very long term, I don't see DLR not seeing new investments, because ultimately that just hurts the resort itself. Particularly for a park with such regional appeal, a long-term freeze on any new construction would hurt attendance.

As for executive relocations, that'd be an interesting strategy for Disney to pursue, but the only problem is I don't see TWDC execs rushing to give up their spacious Newport Beach estates.
 
How do you move the Matterhorn? How about the dark rides that were built in the 1950s and 1960s? It’s basically impossible and would be an incredibly short sided decision considering Disneyland will likely reopen in the next year or so.

Move vs. a new build? With an opportunity to start with a fresh slate and an infinitely longer cycle life before a rehab, I think moving any legacy attraction is futile.
 
I was just checking their website and they said they added additional availability for all dates and now there are no sold out dates or times. So it’s a great time to get tickets!

Yeah...I just went to their site and it appears they opened up capacity.

That's good provided they don't burgeon it to the point of being uncomfortable. Being that the reservation windows are staggered by an hour for a 2-hour visitation window, I really can't see that happening.

Of course, Gaylord Palms is doing there thing again this year, but now with interactive famous Christmas movie sets; that's also another option for folks visiting WDW.
 

Well, in the near term, there won't be many new projects for either domestic parks for the foreseeable future. They're just going to elongate what projects are currently underway to spread out costs and openings. Very long term, I don't see DLR not seeing new investments, because ultimately that just hurts the resort itself. Particularly for a park with such regional appeal, a long-term freeze on any new construction would hurt attendance.

As for executive relocations, that'd be an interesting strategy for Disney to pursue, but the only problem is I don't see TWDC execs rushing to give up their spacious Newport Beach estates.
I am sure many people thought there was no way that McKesson executives would ever want to leave the beautiful Bay Area for Irving, TX.
 
We got tickets for GKTW for Thanksgiving night and I can't wait! I am just hopeful they are serious about limited capacity so we won't be uncomfortable (and that they enforce the mask policy).
I went tonight. Its still too empty even with it being sold out, just to give you an idea.
 
I'm sorry but what do you mean? How could science possibly agree with your assertion that someone would have to be out of their mind to have an opinion different than yours.

See thats the problem. The virus isnt based off opinion. 6 feet is 72 inches. Masks need to cover your mouth and nose to be effective. It doesnt matter what yours or my opinion is, when those things arent happening, its not safe.
 
... unless the executives don't want to pay 9.3% income tax living in Newport Beach.
Given that Disney is a media company, they can’t just pick up and go anywhere (they’re not going to Florida; just look at what happened with Disney-MGM Studios). They have to have a presence near their competitors in the media industry. The only other place it would make sense for them to be headquartered is New York, and I don’t believe the Tri-State area is particularly considered a tax haven. A lot of people on here tend to think of Disney as a theme park/hospitality company but it’s not; it’s a media company and any decision it makes will have that in the forefront.

I know some Disney fans really want Disney to “stick it” to the Governor of California and do something dramatic, but I just don’t see that happening. The Governor made his (bad) decision for the time being. Disney has tried to influence public opinion, but with the latest narrative of the virus becoming more prevalent, that’s not likely to resonate strongly, especially in a state like California. Pursuing legal action could potentially get dicey for them, and given how risk-averse Disney can be, they may sit out on that front (at least for the time being). It should go without saying that they’re not moving Disneyland. I think the most anyone can expect is some petty corporate political maneuvering, but they’re not shutting down Team Disney Burbank and moving it to some random place just to make a statement. Disney’s always been about long-term thinking, and given that they just reported their first annual loss for the first time in 40 years, they’ve got bigger problems to address than “getting even” with the Governor of California.
 
Given that Disney is a media company, they can’t just pick up and go anywhere (they’re not going to Florida; just look at what happened with Disney-MGM Studios). They have to have a presence near their competitors in the media industry. The only other place it would make sense for them to be headquartered is New York, and I don’t believe the Tri-State area is particularly considered a tax haven. A lot of people on here tend to think of Disney as a theme park/hospitality company but it’s not; it’s a media company and any decision it makes will have that in the forefront.

I know some Disney fans really want Disney to “stick it” to the Governor of California and do something dramatic, but I just don’t see that happening. The Governor made his (bad) decision for the time being. Disney has tried to influence public opinion, but with the latest narrative of the virus becoming more prevalent, that’s not likely to resonate strongly, especially in a state like California. Pursuing legal action could potentially get dicey for them, and given how risk-averse Disney can be, they may sit out on that front (at least for the time being). It should go without saying that they’re not moving Disneyland. I think the most anyone can expect is some petty corporate political maneuvering, but they’re not shutting down Team Disney Burbank and moving it to some random place just to make a statement. Disney’s always been about long-term thinking, and given that they just reported their first annual loss for the first time in 40 years, they’ve got bigger problems to address than “getting even” with the Governor of California.
I was literally just replying to your statement about executives moving, which you said would "be an interesting strategy for Disney to pursue, but the only problem is I don't see TWDC execs rushing to give up their spacious Newport Beach estates." If the "only problem" you see is them not wanting to give up their estates, it looks like NY has lower income tax than CA, as does CT.

As far as long term thinking, this isnt the first pandemic nor will it be the last. Companies should and will plan to better weather future events, and I'm sure the situation in CA regarding theme park and production won't be totally forgotten.
 
The only other place it would make sense for them to be headquartered is New York, and I don’t believe the Tri-State area is particularly considered a tax haven. A lot of people on here tend to think of Disney as a theme park/hospitality company but it’s not; it’s a media company and any decision it makes will have that in the forefront.

https://newyorkyimby.com/2019/11/fi...at-4-hudson-square-aka-137-varick-street.html
But this was well before the pandemic and (Current) issues with CA
 
https://newyorkyimby.com/2019/11/fi...at-4-hudson-square-aka-137-varick-street.html
But this was well before the pandemic and (Current) issues with CA
The Hudson Square project is essentially a consolidation of Disney’s operations at a variety of locations around NYC, particularly relocating ABC/ABC News out of its historic UWS location and giving Disney Streaming Services a unified space. They’re essentially catching up to where the much of the rest of the media world is: having a unified “home” on the East Coast in addition to having a unified “home” on the West Coast. Could they theoretically use these NYC offices as their official headquarters? Sure, but that’s A LOT of resources and money to devote to something that there really isn’t a need for (outside of “getting back” at the Governor of CA). It’s not just building the spaces but also relocating all that corporate infrastructure that has been tied to the historic Burbank studios for decades. Disney hasn’t indicated any desire to relocate its headquarters before and I just don’t see the Governor situation as a remotely large enough reason for them to reconsider that, especially given their current financial situation.
 
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I didn't realize the Give Kids the World was so close to Disney and open to the public! Looks amazing. I think we will purchase tickets for one night during our Thanksgiving trip. Just need to decide which one!
 
Picturing the Matterhorn going on a road trip again! My personal favourite direction this thread goes in.

I will once again offer up anywhere in Canada Disney chooses for Disneyland’s new home. Not having to have my heart broken over and over by the exchange rates would be fantastic.
They can just theme it after frozen and they hardly even have to decorate!!!!! Come to my province and all you will need to do is stand up - *Elsa's* wind will blow you to a different location :rotfl:.

Anyway I think DL will come back with a bang when they do. It will be my first trip when we can travel again. I have a 3 week US trip planned; just waiting for the vaccine, lol :)
 
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