Four New World Showcase Countries?

[lockedoutlogic]

The ticket is only a small piece of what they take in from each guest. Most people, when they spend a day in the park, buy food, drinks and souvenirs. That's a very significant source of park revenue. Disney makes those extra days cheap so people will stay at Disney and NOT visit SeaWorld, Universal, etc. -- because they want the guests to spend their entire trip on WDW property, spending all their money at Disney locations.

the merchandise is actually the ENTIRE reason that they want you to stay. It's in the Annuals.
Gate price yields no profit...nor will it ever. the operational costs are so large at Disney parks as compared to your regional Sick Flags that there is no way anybody would pay a ticket price that generated profit.

 

[skiingfast]

the merchandise is actually the ENTIRE reason that they want you to stay. It's in the Annuals.
Gate price yields no profit...nor will it ever. the operational costs are so large at Disney parks as compared to your regional Sick Flags that there is no way anybody would pay a ticket price that generated profit.

Gate price yields nothing? I doubt that. Part of the operational costs that ofset gate revenue is to pay servers in the resturaunts and light up the gift shops.


Disney did declare that revenue starting coming faster inside the gates then at the ticket booths back in the early eighties. If they didn't need any attractions we would know what the parks would be. Disney Stores, and they haven't proven to be a great success.

 

[lockedoutlogic]

Gate price yields nothing? I doubt that. Part of the operational costs that ofset gate revenue is to pay servers in the resturaunts and light up the gift shops.


Disney did declare that revenue starting coming faster inside the gates then at the ticket booths back in the early eighties. If they didn't need any attractions we would know what the parks would be. Disney Stores, and they haven't proven to be a great success.

Gate price covers costs....if you want to say that by offsetting the employee costs it yield merchandising and food and bev revenue...i can see it.

but the money is made in peddling Chinese junk. They have the overhead on that stuff down to such a low level that the margins are ridiculous.

and they are undoubtedly going to start construction on a second unsuccessful Chinese Disneyland soon...think that there might be a correlation between that and dirtcheap trade agreements?

 

[troynkasey]

Where is the "head spinning" smile? After reading the thread thus far...here are a few things I'm confident in saying...

-- For a new country to join the WS, a company is going to have to sponsor it. And said country will have to contact Disney to make it happen because Disney isn't looking to make changes and sink money into a project.

-- Few if any countries around can afford to finance a multi-year investment in Disney, so that severely limits what countries we can expect.

-- Until the economy rebounds, I'm not sure we can expect many major changes outside of upkeep and maintenance related changes. Yes the FantasyLand Expansion was announced, but I'm pretty sure everyone knows that was in response to WWoHP and it's apparent now it was announce prematurely because changes are already underway.

 

[nytimez]

the merchandise is actually the ENTIRE reason that they want you to stay. It's in the Annuals.
Gate price yields no profit...nor will it ever. the operational costs are so large at Disney parks as compared to your regional Sick Flags that there is no way anybody would pay a ticket price that generated profit.

It says no such thing in the annual report. In fact, this is EXACTLY what it says in the annual report (quoted from page 9 of the current one):

"The businesses in the Parks and Resorts segment generate revenues predominately from the sale of admissions to the theme parks; room nights at the hotels; merchandise, food and beverage sales; sales and rentals of vacation club properties; and cruise vacation packages. Costs consist principally of labor; depreciation; costs of merchandise, food and beverage sold; marketing and sales expense; repairs and maintenance; and entertainment."

What's more, gate revenues are roughly equal to merchandise, food and beverage revenue combined. (2009 annual report, p.70, which includes three years of data).

 

[lockedoutlogic]

It says no such thing in the annual report. In fact, this is EXACTLY what it says in the annual report (quoted from page 9 of the current one):

"The businesses in the Parks and Resorts segment generate revenues predominately from the sale of admissions to the theme parks; room nights at the hotels; merchandise, food and beverage sales; sales and rentals of vacation club properties; and cruise vacation packages. Costs consist principally of labor; depreciation; costs of merchandise, food and beverage sold; marketing and sales expense; repairs and maintenance; and entertainment."

What's more, gate revenues are roughly equal to merchandise, food and beverage revenue combined. (2009 annual report, p.70, which includes three years of data).

Sorry...i always say "money" when i should say "profits"

i'm talking about "profits"...not revenues. Internally, the WDW operation links gate revenues to operational costs. Probably because you have to open the gates to make anything. The majority of profits from WDW are delineated as being generated from sales and too a far lesser extent Food and Bev.

So it is kinda semantics...but if you know (as in actually been a part of the operation)...the "profits" are equated with secondary spending.

But hey...i can concede that you could look at it that way. However, the operational costs involved in simply running the gates is exhorbinant, escalates each year, and are somewhat fixed. So that is why they say that no money is made off tickets. Flexibility for profit when you are talking about low cost product is pretty much unlimited...minus some additional employee costs and supplies that don't amount to a hill of beans.

 

[nytimez]

Sorry...i always say "money" when i should say "profits"

i'm talking about "profits"...not revenues. Internally, the WDW operation links gate revenues to operational costs. Probably because you have to open the gates to make anything. The majority of profits from WDW are delineated as being generated from sales and too a far lesser extent Food and Bev.

So it is kinda semantics...but if you know (as in actually been a part of the operation)...the "profits" are equated with secondary spending.

But hey...i can concede that you could look at it that way. However, the operational costs involved in simply running the gates is exhorbinant, escalates each year, and are somewhat fixed. So that is why they say that no money is made off tickets. Flexibility for profit when you are talking about low cost product is pretty much unlimited...minus some additional employee costs and supplies that don't amount to a hill of beans.

No semantics. You said it's in the annual report. It's not.

 

[fan of the TTA]

To be honest a WS country is not what Epcot needs right now. Focus on Future World it is a hot mess.

what's wrong with future world.

 

[ChrisFL]

what's wrong with future world.

It's not futuristic, for starters...

 

[lockedoutlogic]

No semantics. You said it's in the annual report. It's not.

yet the concept is the stone cold truth...so here we are again.

 

[mousermerf]

Sorry...i always say "money" when i should say "profits"

i'm talking about "profits"...not revenues. Internally, the WDW operation links gate revenues to operational costs. Probably because you have to open the gates to make anything. The majority of profits from WDW are delineated as being generated from sales and too a far lesser extent Food and Bev.

So it is kinda semantics...but if you know (as in actually been a part of the operation)...the "profits" are equated with secondary spending.

But hey...i can concede that you could look at it that way. However, the operational costs involved in simply running the gates is exhorbinant, escalates each year, and are somewhat fixed. So that is why they say that no money is made off tickets. Flexibility for profit when you are talking about low cost product is pretty much unlimited...minus some additional employee costs and supplies that don't amount to a hill of beans.

10,000 tickets per-day is needed to cover the cost of basic operation of the largest park, Epcot. The rest is gravy.

 

[nytimez]

yet the concept is the stone cold truth...so here we are again.

If by "here we go again" you mean that you've simply made something up and declared it to be an unquestionable truth, then yes -- here we go again.

 

[lockedoutlogic]

10,000 tickets per-day is needed to cover the cost of basic operation of the largest park, Epcot. The rest is gravy.

I'd be interested to see that statement/ numbers...

seriously

 

[lockedoutlogic]

If by "here we go again" you mean that you've simply made something up and declared it to be an unquestionable truth, then yes -- here we go again.

No...what we do is i come up with a theory...or actual experiences from working in finance at WDW...and you get snippy. i give everybody's ideas a fair shake...but i don't see any ideas to consider...just quips.

Still mad about the reality that harry potter means nothing to them, huh?

We just have a love/hate relationship.

but i enjoy the tennis match nonetheless

 

[Disneyman_10]

It's not futuristic, for starters...

Very true the future on future world is becoming reality. For example the carousel of progress needs to change the future stage to the otts.

 

[pilferk]

I've been reading blogs/sites for a few weeks regarding WDW in prep for our upcoming trip, i came across a mention of new building work scheduled for 2012 in World Showcase on a site a few days ago, but no other site has mentioned it at all. Is there any truth to this?

I haven't heard anything about permits for work BEGINING in 2012. It would be a bit far out for that.

I do think I saw they filed some permits to do some work on the old "Millenium pavillion" (I don't know what it's called now, it's used for special events), but that's just remodel/repair stuff. I also think they've filed some permits for remodel work on the Odyssey building (which they also use for special events). And last, there's some remodeling going on of the American Gardens theater.

All of those would probably qualify as "pad" work...and the permits might run through 2012. But none of them are for a new country, obviously.;

I wonder where you might have seen the info. I know Mouseplanet keeps a pretty good "construction schedule" log in their weekly WDW park updates.....but they're usually more specific.

 

[Figment632]

I really hope WS gets something IMO it us the most neglected part of WDW. Nothing new since 1988.