The Parks Division made money last quarter for Disney, but at what cost to the guests, and what other impact does that have on your experience? We discuss it tonight.
Each week, we cover the top stories in Disney Parks news and discuss the topics that are top of mind for the Disney community.
Join us for another episode of ParksCenter!
This week, Disney released their Q2 earnings for the company as well as for the Disney Parks, Experiences, and Products division. While they are showing a profit and an increase in revenue, it looks like itâs thanks to increased pricing, extra paywalls such as Genie+, and more expenses for the average park guest. Whatâs next and what does this mean for the future of the parks and the company CEO?
Then, in parks news, we go around the hub and discuss many updates from Walt Disney World including more progress across EPCOT, Hotel refurbishments announced, and more exciting this happening with Tron Lightcycle Run!
Also, several bizarre things were reported out of Florida parks this week including an illegal taxi service, a guest trying to bring Meth into the park, a guest arrested stealing from strollers, and another fight on the ferry.
Finally, we take a peek at Avengers Campus in Paris as it comes closer to opening this summer.
You wonât want to miss this jam-packed episode of ParksCenter!
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Glad to see that Matt has some semblance of FP&A, treasury and taxation – fact is Disney is (unfortunately) NOT liquid enough for these pie in the sky projects, and worse, their bond rating continues to decrease resulting in an inaccessibility to cheap credit đŹ
Of the current projects, what do you guess will open first? Tron, Moana Journey of Water, or Woody's Roundup BBQ?
Hi this Craig Dennis i never miss your i watch your new very day and they are great videos i in joy all of your videos all the time thank you for making the videos i watch time all the time đđđ
Disney as a whole is making decisions to maximize short term profits but at the expense of long term customer loyalty. I donât think the board sees this yet.
Lol our campus in California is awesome we are going to get new things soon. i also donât think are floating in that concept art,I think they are just Jumping and it looks like that.đ¤
We all suffer from the equivalent of Stockholm syndrome. Disney increasingly abuses us as guests, and we continually go back for more. Thank you sir, may I have another.
I find it amusing how everyone on the panel complains about how much everything costs at Disney, yet they still give them their money….
Itâs very simple, if Disney gets rid of their annual passes Iâll go to Universal and Seaworld I will not pay full price to go to Disney if they do that to their annual passholders
I remember when Value resorts actually were 'Value'. I remember $80 a night and now I think it's over $200 a night. Ouch!
"More favorable guests": it's unkind & discriminatory. What happened to every guest being treated like royalty?
Agree that prices get to a point that the magic disappears. My park visits spent more time reporting maintenance problems to supervisors or guest services (than actually enjoying the attractions) so, when prices started tripling on some food items, the magic disappeared.
I don't think there needs to be another park until they can adequately maintain their current parks.
Why you doubt it have you seen how far it has proceeded they already testing it and it costs Money they haven´t or didn´t wanted to spend they even had to furlough people what wasn´t nice or okay why would they invest Money for that ride when there where issues that aren´t fully away so with the progress it mades could still open up on Oct 1st or late this year as long as the Railroad Train would be ready to go before that, it is sad how long it is out don´t like if I would miss it again this late Summer.
Exactly or will riotđ𤣠E.T. at least after they killed JAWS, BACK TO THE FUTURE T23D and so on
Abigail Disney is extremely toxic. Keep her far away from the company.
Whatâs the difference between âyeah no,â âno yeah,â and âyeah no yeahâ?
So my family of four went to Disney back at end of Nov into dec, before the trip their was already a plan in place that we would be going back in 2025 with a bigger group. Would've stayed on property at a dvc. Now that plan has changed to two different trips.. universal next summer , then in 2025 going back to universal for opening of epix…with not a single day at disney planed…genie plus is terrible, took away magical express, nickel an dimin everywhere, an then possible might charge for mouse keeping ..before the pandemic when we had mouse keeping we would tip ever day to ensure that if it was a different person they would get something….yes guardians looks great tron looks cool but you have big ass grey boxes on the side of each one! When I go to Disney I don't expect the magic to be ruined.
I'm not spending my time or money on my phone for any of the LL or Genie+. I go to the parks to avoid those things. I use my phone as a camera, not as a life planner, even IRL. I see Universal in my future. Instead of as a side trip, it will be a primary destination. Why is the park, having been closed, the guests and future guests responsibility? Having every aspect have a price increase, reservation, and constant construction has really brought the park and value down in my pocket.
I think wdw news tonight needs to do a parady song of Dr evil daddy wasn there to Disney doesn't care withbl chapek as Dr. Evil
In 2023 the pent-up demand from Covid will disappear. There is a strong likelihood of a recession in the United States and Europe. By 2023 they will have to offer real discount packages.
The cost of a resort room is so expensive I would never come back if they charge for housekeeping
Hi guys how are you guys ??!! hereâs my take since I observe my speculation hereâs my take I believe current status for Hong Kong and Paris are already completed with the attractions projects they just need to double check and reconstruct parts of the area.Regarding the Quinjet e ticket attraction since D23 will happen this year in September 2022 itâs a very high possibility that weâll be hearing great news about the new avengers campus phase 2 Quinjet attraction of avengers campus.Honestly the concept that I saw before is similar to Harry Potter forbidden journey and flight of passage ride system simulation which I would love to see.If they are currently working on the project right now theyâll update and share more details and info at the d23 convention.I envision as well that itâs a possibility that theyâll start constructing the attraction by 2023 and will open in 2024 since itâs a one building ride.Eventually, i think marvel studios itself should donate and give funds about a million or above since to the Disney imagineers and Disneyland park independently since movies and series right now are doing very well and great in the box office so the project of the Quinjet attraction will be built quickly as possible thatâs just my thoughts and ideas I want to share out to you guys. What are your thoughts on my ideas ??
I just want to additional provide side information theyâre secretly working on it right now but when the right time comes theyâll provide every details and information they have been taking commission on in the past years. By next year i visual that theyâll begin doing some ground work construction behind guardians and a year after 2023 it will most likely open in the spring or summer of 2024 thatâs my take I could be wrong but my first valid thought and ideas is at the d23 Disney parks panel theyâre going to share information what Disney imagineers have been working on in the past years and I doubt itâs gonna be delay since itâs a one project attraction and there is so many Walt Disney imagineers branches around the world Again I highly doubt the high anticipated e ticket Quinjet attraction will take very long to develop since itâs a one project attraction and one building ride itâs not like theyâre going to park expand and stretch out the area more behind guardians of the galaxy ride due to the shortage space and capacity. But the project will take time which I completely understand and see but it shouldnât be like a decade or a several year attraction to come since avengers campus needs a main e ticket attraction as soon as possible for avengers campus especially itâs just one building attraction that would take up about a year after 2023. I canât wait to see and find out. In conclusion,I believe we will be getting more details at the d23 Disney parks panel and the process shouldnât be longer than 6 years from now because itâs a one building attraction and theyâre currently working on the project of the ride system and storyline itself. What are your thoughts on the status for the phase 2 one project e ticket attraction aka Quinjet ride