This may have been posted before, but....
I actually read the Disney Annual Report yesterday ... (don't ask why, it's a long story)
Anyway, a few things JUMPED out at me.
Occupancy Rates
Fiscal Year 2005 83%
Fiscal Year 2004 77%
Fiscal Year 2003 76%
The 83% is an AMAZINGLY high rate compared to the industry average. One souce I found said the average was 68% Plus overall industry "discounting" appears much higher then Disney.
The other thing that jumped out regarding this was the statement that resort revenues were up due to "less discounting"
If there occuapancy rates are still running high it doesn't look good for "great deals"
I actually read the Disney Annual Report yesterday ... (don't ask why, it's a long story)
Anyway, a few things JUMPED out at me.
Occupancy Rates
Fiscal Year 2005 83%
Fiscal Year 2004 77%
Fiscal Year 2003 76%
The 83% is an AMAZINGLY high rate compared to the industry average. One souce I found said the average was 68% Plus overall industry "discounting" appears much higher then Disney.
The other thing that jumped out regarding this was the statement that resort revenues were up due to "less discounting"
If there occuapancy rates are still running high it doesn't look good for "great deals"