Spend Money… Make Money
If you invest, you’ll make money. Most of the time, it can of course go wrong too. But that is something the Disney Company doesn’t have to worry about. The new attractions at Walt Disney World and Disney California Adventure have proven that the right investment will bring in the green. It is expected that, when Disney will release their next numbers, another growth in Disney Theme Parks attendance will be a fact.
Attendance in fiscal 2007, which ends in two weeks, may exceed the record number of tickets sold in 2006, when all Disney’s parks celebrated the 50th anniversary of Disneyland, the company’s first theme park, Iger told a Goldman, Sachs & Co. conference in New York. (Orlando Sentinel)
With ticket prizes gone up and parking prizes up too shareholders must be happy. Attendance up and higher ticket prizes will give higher future profits (Note to self, invest in Disney shares). Some guest however might need to make some choices…
“We think the trends are good in terms of bookings,” Iger said of Disney’s resorts. “Some people will keep the family vacation and not replace the faulty refrigerator, and that’s an interesting phenomenon.” (Orlando Sentinel)
Interesting phenomenon indeed, but it shows that with all those prizes going up (and I am not talking about Disney alone, just look at the plain tickets and other costs that have gone up) people need to make some choices. Either a holiday or repairing those needed utilities for the house. Makes me think about it… I really need to get that leak fixed in our roof… Nah, I’ll first go to Walt Disney World…
Picture: AMouse
September 20th, 2007 at 3:27 pm
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September 24th, 2007 at 10:41 pm
At least it shows Disney ARE aware that people are increasingly being squeezed by costs, even if they don’t intend to do anything about it in the short term. Perhaps they might hold off on the next round of price increases to ensure things don’t nosedive…………..