Shanghai Disney opening day sold out

[AdamsMum]

I've been watching threads about all of these extra charge events, decreasing staff numbers and rumours about charging for amenities previously included in the price of our Disney vacations.

One poster proposed that this was being done to support Shanghai Disneyland. I thought that made sense, I wasn't happy about it, but I could see that being the reason. Now it's reported that the opening day is sold out and they are projecting 24 billion a year in revenue.

So, is this just the way the (disney) world is heading? Are they just trying to squeeze every cent out of their customers?

 

[KateP85]

The fact that opening day has sold out and they're projecting these amazing revenues doesn't make up for the millions (billions?) Shanghai has cost them already. Say you're $10,000 in debt and you get a new job making great money, including a hiring bonus of $100. It doesn't make you any less in debt right now, and you'd be foolish to start spending money like crazy until you were out of debt and on solid ground. I doubt that Disney will bring back everything they've cut because it doesn't work like that, but it will take a while for the financial side to work out enough that the cutbacks at WDW can be reevaluated.

 

[PSUGuy]

Regardless of why Disney made cuts at WDW they're not going to restore anything just because a foreign investment is paying off. Unless attendance at WDW drops and it can be attributed to the cuts Disney will pocket the savings. Ever since they closed PI with the Adventurer's Club and the Comedy Warehouse it seems the policy is to see how little value they need to offer without hurting the bottom line. Disney was never cheap but I always felt I got great value for the $$, not so much recently.

Bill From PA

 

[ChloesDaddy]

Here's a link to make everyone feel better about where all the U.S. park cut savings have gone...

http://www.**************.net/2016/...otage-shows-the-splendor-of-the-massive-park/

You might need a translator for the video.

 

[Cruisin Spartan]

Of course it's sold out the first day. The People's Republic most likely bought the majority of the tickets. Total speculation, but probably a logical guess right?

 

[rteetz]

Of course it's sold out the first day. The People's Republic most likely bought the majority of the tickets. Total speculation, but probably a logical guess right?

Well if it didn't sell it for opening day there would be a problem. Many see being in an opening day park as a big deal so I don't think they had a problem selling them. I'd be more interested in the days after.

 

[DisneyLovingPreacher]

Well if it didn't sell it for opening day there would be a problem. Many see being in an opening day park as a big deal so I don't think they had a problem selling them. I'd be more interested in the days after.

Im here with you on this one. I wonder how many out of Country tourists will come. For the first few years i can see an influx of the "serious" Disney fans going to the park and taking the time to go. But after this will it become worth the milage and cost to go. I believe this will be a mainly Asia based tourism market.

 

[Eoghann]

Im here with you on this one. I wonder how many out of Country tourists will come. For the first few years i can see an influx of the "serious" Disney fans going to the park and taking the time to go. But after this will it become worth the milage and cost to go. I believe this will be a mainly Asia based tourism market.

I believe Shanghai has a significant number of international tourists. Don't know how many would go exclusively for this park. But I don't think they are the primary market either.

 

[rteetz]

I believe Shanghai has a significant number of international tourists. Don't know how many would go exclusively for this park. But I don't think they are the primary market either.

Disney really wants to market this to the Chinese more than anyone else.

 

[ColoradoDreamin]

You can actually get some cheaper flights to China compared to other areas. One of my co-workers, originally from China, says you would be surprised the deals you can get through Chinese travel agencies...that it is because they want you to come visit and spend your money there.

 

[rteetz]

You can actually get some cheaper flights to China compared to other areas. One of my co-workers, originally from China, says you would be surprised the deals you can get through Chinese travel agencies...that it is because they want you to come visit and spend your money there.

That might be true but the Chinese government and Disney don't necessarily want the park filled with international visitors. They want to fill it with Chinese from the area.

 

[Mackenzie Click-Mickelson]

I have a saying..it's the shiny new toy syndrome. This to me applies in all areas of life. A new park is certaintly something to celebrate but it's expected to garner lots of attention from those wanting to check it out and in the case of China we don't necessarily know how much attention was forced upon the citizens.

Think about how each time a new attraction or experience opens up at the DLR and WDW parks and how many people flock to it (I don't know about the international parks much so that's why I didn't mention them). 7DMT opened in May of 2014 and it's still getting tons and tons of people. I expect Shanghai it to be quite busy for a least a certain time (and that could be several years) after it opens but the longevity of consistent crowds/revenue is what you would want to look out for.

 

[Tonka's Skipper]

Of course it sold out the first day and will likely do that for awhile. The test will be how good attendance is in 6......9 months or a year!

AKK

 

[Tonka's Skipper]

That might be true but the Chinese government and Disney don't necessarily want the park filled with international visitors. They want to fill it with Chinese from the area.

All true, very true, the question is will it!. That middle class China has been glowing over is not nearly as big as expected with the faltering Chinese economy. One proof of that is the empty thousands of middle class housing the Government ordered built, that ware sitting empty and some unfinished, miles of them.

Just saying.

AKK

 

[ChipnDale79]

Of course it sold out the first day and will likely do that for awhile. The test will be how good attendance is in 6......9 months or a year!

AKK

Honestly if it wasn't sold out, itd be a bigger story.

IMO, if it's not sold out for the first day, they've got problems.

 

[Tonka's Skipper]

Honestly if it wasn't sold out, itd be a bigger story.

IMO, if it's not sold out for the first day, they've got problems.

I agree...........that was my part of my point.

WDW opening day, Oct 1, was of course full, but the traffic was not backed up onto the main highways off property. The media jumped on Roy about that. Roy's comment was simple.............we have a full park, full resorts, on opening day.............I don't see a problem here....now.......if that traffic is not backed up out on the highways on Thanksgiving...............boy............then we do have a problem. Well the traffic was backed up on the highways for miles Thanksgiving. Roy was right!

Time will time for Shanghai!


AKK

 

[DisneyLovingPreacher]

Honestly if it wasn't sold out, itd be a bigger story.

IMO, if it's not sold out for the first day, they've got problems.

There is more than just the first day to consider if there are not big numbers for the first 5-10 years they are in trouble.

 

[rteetz]

There is more than just the first day to consider if there are not big numbers for the first 5-10 years they are in trouble.

5-10 years? How bout in 0-3 years.

 

[Eoghann]

At this point it almost seems like people are wishing for the park to fail. I guess watching train wrecks is more of a spectacle.

However, even if it turns out to be unsuccessful I don't think it will be nearly that dramatic. Look at DLP, it's a busy, busy park.

 

[DisneyLovingPreacher]

5-10 years? How bout in 0-3 years.

I honestly believe you could be correct but at the same time IMO the park will have big numbers the first few years because of the shiny new toy effect. This is why I say 5-10