I saw Michael Eisner on the Today show this morning.

[YoHo]

OK, I promised some math, so here it is.

First, Similar to All Aboards numbers, I have the hourly wage statistics for various industries from 1982 and 2002 (the most recent numbers)
Hopemax a former poster here collected those numbers.
Further, we have the rack rate for the poly in 1982. $75-$95


1982
Construction: $11.32
Manufacturing: $8.49
Retail: $6.46
Education/Health Services: $7.19

2002
Construction: $18.81
Manufacturing: $15.55
Retail: $11.83
Education/Health Services: $15.52

The rates for the poly haven't changed much since 2002. Hope calculated her values based on the rack rate of 2002 which was $334-$420.
Now, Hope ignored the concierge suites, I didn't So the rates today are $315-$645
So the rates went down.


At any rate, Hopes results were as follows
In 1982, a person needed to work the following number of hours to spend one night at the Poly:

Construction: 6.6-8.4 hours
Manufacturing: 8.8-11.5
Retail: 11.6-14.7
Education/Health Services: 10.4-13.2

Conversly in 2002 the hours worked were as follows

Construction: 17.8-22.3 hours
Manufacturing: 21.5 - 27
Retail: 28.2-35.5
Education/Health Services: 21.5-27.1

So, as you can see, it takes two to three times the work to afford one night at the Poly.


Now, lets extrapolate.

First, some more fact, I grabbed the current rack rates for a value and a moderate. In this case I used the Pop Century and Port Orleans French quarter.

I also again used the Poly and created averages of the rack rates.

Then, once I had an average, I calculated what that average was a percentage of the Poly.
The results were as follows:

$139-$215
177
.61 poly

Deluxe Poky
$315-$645
480

Value poop
$79-$137
108
.225 of Poly

So, using the percentages, and the 1982 poly rack rate, I came up with theoretical Value and Moderate rates. Now obviously, This is an extrapolation, but as you can see, the math works.

Here are the numbers:
1982 poly rate
$75-$95
85

projected rates
mod
$52

Value
$19.20

So, now, let's see how this works with the labor statistics numbers.

2006
Mod numbers


Construction: 9.4 hours
Manufacturing: 11.38
Retail: 14.96
Education/Health Services: 11.4


Values


Construction: 5.75 hours
Manufacturing: 6.95
Retail: 9.1
Education/Health Services: 7

And now lets look at the 1982 numbers:
Mod numbers


Construction: 4.6 hours
Manufacturing: 6.1
Retail: 8.1
Education/Health Services: 7.23


Values


Construction: 1.7 hours
Manufacturing: 2.26
Retail: 2.97
Education/Health Services: 2.67

 

[YoHo]

In order to break things up, I'm doing the conclusions here.

As you can see, At every hotel level, Disney was significant;y more affordable in 1982 then it is now. The poly was more affordable and the Values are slightly more affordable, The Mods are slightly less affordable.

Poly 1982
Construction: 6.6-8.4 hours
Manufacturing: 8.8-11.5
Retail: 11.6-14.7
Education/Health Services: 10.4-13.2


Value 2006
Construction: 5.75 hours
Manufacturing: 6.95
Retail: 9.1
Education/Health Services: 7

But look at how much more you used to get with the Poly. Disney still has a hotel that's as cheap, but it sure isn't as valuable.

 

[AMcaptured]

I found this on the internet this morning......I don't think his CNBC gig is going to be much of a success......


Former DISNEY Chairman Michael Eisner scored a zero rating in his talkshow host debut, NIELSEN claims. Eisner scored a 0.0 rating and 0 share on CNBC Tuesday night, pulling the lowest possible audience levels... 'Conversations w/ Michael Eisner' scratched with 95,000 viewers and scratched with 39,000 in Adults 25-54 ...MORE...

 

[wdwoldtimer]

I heard he got the big goose egg too. But even more bizarre - there are talks and rumors about him taking over the NFL. Apparently there are some team owners who are pushing and promoting this.

 

[All Aboard]

One more set of numbers, building on what YoHo has done.


We know that it required 126% of the average American's weekly earnings to stay one week at the Polynesian in 1982. And, we know that that number climbed to 230% of the average American's weekly earnings in 2003. Someone referred to this as "slightly" less affordable. Not sure about everyone else, but I'd say that nearly doubling in "inaffordablility" constitutes more than slightly.

But, let's look at the Values since they are now in the mix. What percentage of the average American's weekly earnings was required to stay there in 2003? Turns out that it took 66% of their pay.

Now, that's less than 126% that was required to stay at the Poly in 1982. So, clearly it has become more affordable for the average American to stay somewhere at WDW. Roughly half of what was previously required of ones income is now required to stay at a WDW resort.

But, let's put that in perspective. Is a stay at a Value resort half has valuable? Not according to the folks setting the prices that year at WDW. See, the standard room during regular season at the Polynesian cost $344 while that affordable room at All Star Music cost $99. That's a ratio of 3.5 to 1. So, Disney says a stay at the Poly is three and a half times as valuable as a stay at the All Star Music.

So, staying at a value resort today only costs you half what a stay at the Polynesian did in 1982 (in relative terms), but your only getting roughly a quarter of the value. A raw deal, in my opinion.