Cruise and Theme Park Operational Updates due to Coronavirus

[Jacq7414]

I saw it. Thanks! curious if you can still book directly through Disney?

It looks like you can

 

[Jroceagles]

It looks like you can

maybe just preventing booking through outside parties? Harder for reimbursing? I dont know...

 

[rteetz]

The fact Disney has borrowed $13B in such a short time is troubling. Yes Disney will get through this but it won't be as magical a place like it was in the past. I have a feeling there will lots of cuts when they do reopen.

I don’t find it troubling but it’s a strategic move. They need the credit line in case. I’m sure they don’t want to have to use it but better to have it than not.

 

[Brianstl]

Yes they can but they wouldn't be doing furloughs on the 19th to bring them back in 2 weeks. They are planning on longer time periods. People really don't get the situation and how long social distancing orders will be in place. You won't see gatherings of over 50 people in orange county and other parts of Florida until at least July and Disney knows that. They just enacted curfews in various places because we are 3 weeks from the peak. This is will open backwards from closings and places like Disney, Busch, uni will be the last things opening back up. And again. Disney has windows and they work to those. And currently. The window is july.

Yes they would. They have raised $12.5 billion in debt over the last two weeks. Every damn dollar saved matters right now. I don't think the will open May 1, but this is about saving as much money as possible and doesn't tell us anything about when they will actually reopen.

 

[Jacq7414]

maybe just preventing booking through outside parties? Harder for reimbursing? I dont know...

Maybe. Or a way to limit people when they do reopen? Part of the gradual strategy?

 

[Remy is Up]

If Disney really believed it will be July there is ZERO reasons as to why they are booking trips for June.

Not true

 

[Remy is Up]

Yes they would. They have raised $12.5 billion in debt over the last two weeks. Every damn dollar saved matters right now. I don't think the will open May 1, but this is about saving as much money as possible and doesn't tell us anything about when they will actually reopen.

I'm telling you. Its not happening anytime soon guys. The window is July and I'll leave it at that

 

[Lewisc]

Expedia is letting you book Disney resorts in June.

 

[Oldnewfan]

Just saw Carnival pushed back till July 1. Just saying.

 

[xuxa777]

Wwe can film without crowds if the stars agree to participate.. Disney can't operate empty parks.

Yes, I still think the parks will be July. They will start bringing back some employees in May, not opening parks etc. Employees, Execs, Customer Service, maintenance and slowly ramp up for the July open I am thinking.

The furlough decision was made around 2 weeks ago, which is a lifetime the way things are moving and changing. They won't bring everyone back immediately but there will be more working at the office and not at home in two weeks maybe sooner.

As far as the debt, not concerning at all, it is the smart move to make, the fact they can raise it easily shows how strong the company is, also maturity for the note is a year another good sign Plus the debt on the level that Disney is a whole different ballgame than the average company small business or person taking out a loan.

 

[xuxa777]

Just saw Carnival pushed back till July 1. Just saying.

Considering the CDC closing ports in the US in that time period last week no surprise there at all

 

[woody337]

Not true

Do explain

 

[xuxa777]

Do explain

For one, things could open sooner, there are no absolutes in these times

 

[yankeesfan123]

https://www.forbes.com/sites/susana...ay-postpone-its-fall-term-until-january-2021/
I hope this doesn't get deleted, but there’s at least some areas of “mass gatherings”, such a Disney, that are planning to postpone things in the fall.

Edit so people don’t misunderstand since most wont read the article: planning to postpone if health officials deem it to still be unsafe.

 

[marinejjh]

The fact Disney has borrowed $13B in such a short time is troubling. Yes Disney will get through this but it won't be as magical a place like it was in the past. I have a feeling there will lots of cuts when they do reopen.

Exactly why our family is waiting to book anything. For the cost I can have a very magical trip to Hawaii. If Disney doesn't open like normal what would be the point of spending any money to go? I can take my family to a local amusement park for the day and be done. Disney has always taken pride in service and the experience, can't see them opening at all if that is in question. I see them waiting until late fall.

 

[xuxa777]

https://www.forbes.com/sites/susana...ay-postpone-its-fall-term-until-january-2021/
I hope this doesn't get deleted, but there’s at least some areas of “mass gatherings”, such a Disney, that are planning to postpone things in the fall.

Edit so people don’t misunderstand since most wont read the article: planning to postpone if health officials deem it to still be unsafe.

Well that article is full of may postpone, if the can't have mass gatherings, pretty obvious stuff, not indicative of anything,

It even says

- The BU Today article says the January start date would happen in the “unlikely event” that health officials advise that social distancing should extend through the fall.

 

[xuxa777]

Exactly why our family is waiting to book anything. For the cost I can have a very magical trip to Hawaii. If Disney doesn't open like normal what would be the point of spending any money to go? I can take my family to a local amusement park for the day and be done. Disney has always taken pride in service and the experience, can't see them opening at all if that is in question. I see them waiting until late fall.

Don't too put too much weight on the debt offering, normal business especially in these times. If it was concerning the stock would be dropping dramatically, but it is not and actually going up.

 

[mshanson3121]

I can see what your talking about, but if you take all of those items away to put social distancing in effect, then why would I pay to go. I would just wait until I can enjoy everything and plan a different trip. I think many other people would do the same.

Definitely. I won't go without the entertainment open. But I do think there are enough that will to keep them going for awhile.

 

[mshanson3121]

If Disney really believed it will be July there is ZERO reasons as to why they are booking trips for June.

Sure there is - $.

 

[xuxa777]

One thing we know for sure, throughout history, Disney strives and focuses on putting out an excellent product/service and that will continue even through this. It is pretty much the reason everyone posts here, we are all fans of Disney. I have no worries about a less than great experience going forward.