Cruise and Theme Park Operational Updates due to Coronavirus

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Yeah, COVID really has put a damper on the vacation experience.

For Disney yes, for many places honestly not really. We have still had fantastic vacations just not at Disney. Disney is just too stressful to deal with right now with their overkill of rules and keeping 3 kids to follow them all 100%.

Which is another point. Imo I think it’s arrogant that the cdc thinks they need to give recommendations above & beyond what The Who has given for the entire world. We are not that special.

I agree completely and lets be real Disney is only cherry picking the CDC for the most part. Disney has taken the practically glue masks to peoples faces and all is safe and good. Through in some social distancing if it works but if it doesn't let them pack in.
 
But the Walt Disney Company made a little more than $23 billion profit in 2018 and 2019. They lost a little less than $3 billion in 2020. So far in 2021, like I said they turned a $17 million profit. They’re breaking even right now and will be making billions of dollars in profit either this year or next.

A $17 million dollar profit when normally you would have a $5 billion ~ profit, after a year of losing $3 billion ~ isn't exactly a sign of great financial strength. And the only reason they're turning a marginal profit is because of the cuts they have made and continue to make, and of course because of the debt they took on last year. Also, not sure where you're at with math, but having one quarter with a $17 mil in profits is a far, FAR cry from making "billions of dollars in profit this year". They would need incredible exponential growth basically every week for the rest of the year. But hey, maybe you have insight into the miraculous ending of Covid and an immediate return to normal that we're not all aware of! Wouldn't that be nice.
 
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A $17 million dollar profit when normally you would have a $5 billion ~ profit, after a year of losing $3 billion ~, isn't exactly a sign of great financial strength. And the only reason they're turning a marginal profit is because of the cuts they have made and continue to make, and of course because of the debt they took on last year.
You don’t think the fact that they broke even despite having major revenue lines such as movie theaters, cruising, and multiple theme parks closed is a sign of great financial strength? How many businesses do you know can still make money when more than half their business is shut down? I’d say it’s the exact opposite. It shows the company basically prints money to the point they can shut more than half of it down and still come out just fine!

And yes, they made cuts. What I’m saying is it might be a better long term move to spend another few hundred million dollars at their theme parks to keep guest satisfaction high so that those people want to keep coming back and spending. Open some restaurants, have some entertainment, etc. In the grand scheme of things, those are tiny expenses to hopefully provide guests with experiences that are going to turn them into lifelong customers spending thousands on your hotels, theme parks, merchandise, movies, streaming services, etc.

Every company takes on debt. The interest rates are so obscenely low right now you’d be crazy not to. Disney is not in the slightest danger of going under. They were making over $10 billion a year before the pandemic. They’ll be back to those levels in 2022. They’re doing just fine!
 
The problem isn’t just paying more CM’s. If you bring more CM’s back to a location, you have to provide them with a place to take a break. There are only so many break rooms, and they are all at 25% capacity. Some guest areas are closed because they are using those as cast break rooms.
You’re telling me Disney can’t figure out how to give CMs a break? Come on.
 

Disney is not in the slightest danger of going under. They were making over $10 billion a year before the pandemic. They’ll be back to those levels in 2022. They’re doing just fine!

And please tell me where I said they were. In fact, I specifically said in my post they are NOT currently in danger of going under. What I said was that they do not have unlimited resources and they would go under, if they did what some people want which is to throw caution to the wind, open all the resorts back up, offer free admission to the water parks (a couple of the ludicrous suggestions offered) just to keep some guests from complaining about the pools; basically if they didn't make the cuts they have. Could they splurge a bit on some things? Yes, I think they could, but many people want them to just start pouring money out again and they can't yet.

So while ultimately we both agree Disney is in no immediate financial danger, and while one can appreciate your optimism, I deal with reality and you are definitely fooling yourself with your financial predictions. It took them years to recover from 9/11 and it'll take years to recover from this. Disney will absolutely get back to those numbers but not this year, and not next year, either.
 
Can/will WDW open more resorts without increasing park availability?

Good question. My daughter's friend was going to come with us for Spring Break but couldn't get park reservations so is not coming now. We are staying on property. It would be even worse if more resorts were open without increasing the availability.
 
And please tell me where I said they were. In fact, I specifically said in my post they are NOT currently in danger of going under. What I said was that they do not have unlimited resources and they would go under, if they did what some people want which is to throw caution to the wind, open all the resorts back up, offer free admission to the water parks (a couple of the ludicrous suggestions offered) just to keep some guests from complaining about the pools; basically if they didn't make the cuts they have. Could they splurge a bit on some things? Yes, I think they could, but many people want them to just start pouring money out again and they can't yet.

So while ultimately we both agree Disney is in no immediate financial danger, and while one can appreciate your optimism, I deal with reality and you are definitely fooling yourself with your financial predictions. It took them years to recover from 9/11 and it'll take years to recover from this. Disney will absolutely get back to those numbers but not this year, and not next year, either.
Agree to disagree I guess. I don’t think anyone is asking for unlimited resources. Adding more restaurants and entertainment is far from unlimited asks. And 9/11 was a greatly different situation than now. That had to do with fear of travel. Not a pandemic subsiding with Americans having received 3 stimulus checks and record savings.
 
You don’t think the fact that they broke even despite having major revenue lines such as movie theaters, cruising, and multiple theme parks closed is a sign of great financial strength? How many businesses do you know can still make money when more than half their business is shut down? I’d say it’s the exact opposite. It shows the company basically prints money to the point they can shut more than half of it down and still come out just fine!

And yes, they made cuts. What I’m saying is it might be a better long term move to spend another few hundred million dollars at their theme parks to keep guest satisfaction high so that those people want to keep coming back and spending. Open some restaurants, have some entertainment, etc. In the grand scheme of things, those are tiny expenses to hopefully provide guests with experiences that are going to turn them into lifelong customers spending thousands on your hotels, theme parks, merchandise, movies, streaming services, etc.

Every company takes on debt. The interest rates are so obscenely low right now you’d be crazy not to. Disney is not in the slightest danger of going under. They were making over $10 billion a year before the pandemic. They’ll be back to those levels in 2022. They’re doing just fine!

this is an important point for the covid times at Disney
It’s not the short term, Disney is playing monopoly on a LONG game.

they’ll continue to be a powerhouse if they can keep providing those magical experiences, so hopefully, the “covid excuses” doesn’t last past 2021 because the people will not tolerate it.

FYI this is why most of businesses fail- too much short term. Don’t get stuck in the 2-3 year trap. Think 10 years. Think 20. Can disney survive this year, and then grow fiscally while providing experiences in a post covid world? Where attitudes and spending habits have changed (and a shift in gov regulations and taxes?)

my money says yes. And those following the stock would agree!
 
Agree to disagree I guess. I don’t think anyone is asking for unlimited resources. Adding more restaurants and entertainment is far from unlimited asks. And 9/11 was a greatly different situation than now. That had to do with fear of travel. Not a pandemic subsiding with Americans having received 3 stimulus checks and record savings.

1. You're really good at missing the point lol.
2. You mean, kind of like the fear of travel many people have right now, because of Covid? Which has been surveyed several times and discussed several times? 🤦

Moving past fear, many people do not now or will they next year, have the financial means to travel. And of course that's to say nothing of people around the world not having the ability to travel - whether because of border restrictions, quarantine requirements etc... These issues aren't going to be magically gone in the next few months.

You might want to think 9/11 and Covid are two different things with their impact on Disney and recovery, but they're not as different as you might think - hence why analysts and others have been comparing the two from the beginning.
 
Yikes with the pool situation. 😣

We‘ve been to the parks many times and while I know it wasn’t during spring break we never had an issue. The Hard Rock pool was practically empty when we stayed there a few weeks ago BUT we visited BWI to eat at Big River and their pool was packed. Same with Wilderness Lodge, totally packed pool.

We’re not Disney pool people because our kids are older but the Hilton Bonnet Creek is a really nice option for those who want a huge pool area and not be banned from swimming (also a great price). It’s hot this week and that stinks for people who have nothing to do because parks are totally booked.
 
1. You're really good at missing the point lol.
2. You mean, kind of like the fear of travel many people have right now, because of Covid? Which has been surveyed several times and discussed several times? 🤦

Moving past fear, many people do not now or will they next year, have the financial means to travel. And of course that's to say nothing of people around the world not having the ability to travel - whether because of border restrictions, quarantine requirements etc... These issues aren't going to be magically gone in the next few months.

You might want to think 9/11 and Covid are two different things with their impact on Disney and recovery, but they're not as different as you might think - hence why analysts and others have been comparing the two from the beginning.

I agree with this. I personally see a possible short surge in travel this fall then it slumps down to a slow recovery. There really are so many that use to be able to afford to travel that just can't know, plus a portion that will cautiously travel but choose less expensive ways due to fear of future financial lost since the reality that you can loose so much so fast is more real again.

Nothing will really boom again till international travel is back in full force, especially places that get a high percentage of international travel.

I also agree that 9.11 and covid will have similar impacts on Disney and recovery just for different reasons.
 
1. You're really good at missing the point lol.
2. You mean, kind of like the fear of travel many people have right now, because of Covid? Which has been surveyed several times and discussed several times? 🤦

Moving past fear, many people do not now or will they next year, have the financial means to travel. And of course that's to say nothing of people around the world not having the ability to travel - whether because of border restrictions, quarantine requirements etc... These issues aren't going to be magically gone in the next few months.

You might want to think 9/11 and Covid are two different things with their impact on Disney and recovery, but they're not as different as you might think - hence why analysts and others have been comparing the two from the beginning.
I’ve been trying to have a civil discussion here and you’ve personally insulted me twice. I don’t think I’ve insulted you but I apologize if I have. I didn’t mean to if it came across that way. I was just trying to say that Disney is doing fine financially and if you or anyone else has a bad experience that you shouldn’t let Disney tell you they had to give you that experience for financial reasons.

Telling another person “while I appreciate your optimism, I deal in reality” and “you’re really good at missing the point” aren’t good ways to debate a topic.

My last response will be that I think Americans have very high levels of savings right now that they’re willing to spend.

“In a note to clients this week, Goldman Sachs strategists estimated that Americans are sitting on $1.5 trillion in "excess" or "forced" savings. They forecast that figure will climb to $2.4 trillion, or almost the size of India's annual GDP, "by the time that normal economic life is restored around mid-year." (https://www.cnn.com/2021/02/16/investing/premarket-stocks-trading/index.html)

That’s from before the latest stimulus bill. So I don’t think it’s unreasonable to think that Americans will return to movie theaters, theme parks, and cruises to spend those savings. And I said Disney will be making billions of profits soon, yes. Maybe I’m being too optimistic. But even if they only make half the profit they did before the virus, we are still talking about $5 billion profit. Which is a lot and in my opinion provides them more than enough wiggle room to open more restaurants, snack carts, some shows, etc.
 
I’ve been trying to have a civil discussion here and you’ve personally insulted me twice. I don’t think I’ve insulted you but I apologize if I have. I didn’t mean to if it came across that way. I was just trying to say that Disney is doing fine financially and if you or anyone else has a bad experience that you shouldn’t let Disney tell you they had to give you that experience for financial reasons.

Telling another person “while I appreciate your optimism, I deal in reality” and “you’re really good at missing the point” aren’t good ways to debate a topic.

My last response will be that I think Americans have very high levels of savings right now that they’re willing to spend.

“In a note to clients this week, Goldman Sachs strategists estimated that Americans are sitting on $1.5 trillion in "excess" or "forced" savings. They forecast that figure will climb to $2.4 trillion, or almost the size of India's annual GDP, "by the time that normal economic life is restored around mid-year." (https://www.cnn.com/2021/02/16/investing/premarket-stocks-trading/index.html)

That’s from before the latest stimulus bill. So I don’t think it’s unreasonable to think that Americans will return to movie theaters, theme parks, and cruises to spend those savings. And I said Disney will be making billions of profits soon, yes. Maybe I’m being too optimistic. But even if they only make half the profit they did before the virus, we are still talking about $5 billion profit. Which is a lot and in my opinion provides them more than enough wiggle room to open more restaurants, snack carts, some shows, etc.
Rich people have a lot of savings. Billionaires have made money hand over fist during the pandemic. I don't think that applies broadly across the middle class which is the group who would pump up travel numbers after this is all over. Using an estimated number from a big investment bank doesn't tell the whole story. There are a lot of people who have lost jobs and lost income during the pandemic. It's going to take a while for them to recover. There will also be a significant chunk of people who are leery about crowding together in to a theme park or getting in to a plane. It'll take a while for that to change, if it ever does. I think COVID will have a huge subconscious psychological effect on people that will take time to overcome.

I don't see some great flood of travel once COVID is over. I think it will be a slow steady increase similar to how it was after 9/11.
 
You’re telling me Disney can’t figure out how to give CMs a break? Come on.
No. What I said was they can’t open more stuff without considering how that would affect the limited capacity in break rooms. For example, the princess hall is currently being used as a break space for Fantasyland cast. Open that up, and now the CM’s currently using that as a break room don’t have anywhere to take a break, and all the new cast members brought in to run the princess hall as an attraction don’t either. Attractions cast members get 15 minute breaks every two hours, plus a half hour lunch, so it’s not like they can go a long distance to a break room without Disney giving them longer for breaks. And if Disney did that, then they’d need additional cast members to cover the longer breaks. So it’s not just a simple matter of paying for more cast members.
 
I’ve been trying to have a civil discussion here and you’ve personally insulted me twice. I don’t think I’ve insulted you but I apologize if I have.

Telling another person “while I appreciate your optimism, I deal in reality” and “you’re really good at missing the point” aren’t good ways to debate a topic.

I am sorry for insulting you. I wasn't actually trying to, but I was admittedly writing with frustration, because you really did miss the point of my post a couple times (which is a huge pet peeve of mine), and admittedly yes, I don't think you are being realistic re: the financial end of things. That said, I really didn't mean that as an insult though I realize it seems like one, and I'm sorry for how my posts came across. The irony is you and I have basically said the same thing (that Disney is financially stable right now), we just disagree on when they are going to financially recover and what cut backs are necessary.
 
No. What I said was they can’t open more stuff without considering how that would affect the limited capacity in break rooms. For example, the princess hall is currently being used as a break space for Fantasyland cast. Open that up, and now the CM’s currently using that as a break room don’t have anywhere to take a break, and all the new cast members brought in to run the princess hall as an attraction don’t either. Attractions cast members get 15 minute breaks every two hours, plus a half hour lunch, so it’s not like they can go a long distance to a break room without Disney giving them longer for breaks. And if Disney did that, then they’d need additional cast members to cover the longer breaks. So it’s not just a simple matter of paying for more cast members.
My posts were about reopening more activities at the resorts, not the parks. I am fairly confident that a company like Disney can figure out the logistics of providing a break for their CMs. I am also confident that not opening up activities has more to do with $$ than it does with simple logistics of things like breaks.
 
My posts were about reopening more activities at the resorts, not the parks.
It was an example. The same thing applies to resorts. The cast that work in the restaurants need a place to take a break. The break room that used to accommodate up to 20 cast members now only accommodate 5, because instead of up to four cast at a table they can now only allow one. If they open up a second restaurant at a resort, where are those cast going to take their break at?
 
It was an example. The same thing applies to resorts. The cast that work in the restaurants need a place to take a break. The break room that used to accommodate up to 20 cast members now only accommodate 5, because instead of up to four cast at a table they can now only allow one. If they open up a second restaurant at a resort, where are those cast going to take their break at?
Are you seriously arguing that Disney isn't reopening some of their restaurants because they can't figure out a way around break rooms? Come on. How about an empty resort room? A pop up tent in the parking lot? I don't know, but I'm sure this isn't that hard of a problem to solve.
 
Are you seriously arguing that Disney isn't reopening some of their restaurants because they can't figure out a way around break rooms? Come on. How about an empty resort room? A pop up tent in the parking lot? I don't know, but I'm sure this isn't that hard of a problem to solve.
Yes, let's have the cast members take breaks in a tent in a parking lot in the Florida heat. That seems like a great idea.
 
Yes, let's have the cast members take breaks in a tent in a parking lot in the Florida heat. That seems like a great idea.
Right, because Disney also can't figure out to put AC in a tent :sad2:

Again, it was just an example. I really can't believe you are all willing to let Disney off the hook so easily. These are not difficult problems to solve IF THEY WANTED TO. I stand by my statement that many of their decisions to keep things closed right now are financially motivated and not because they can't figure out simple logistics.
 
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