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Disney to furlough nonessential employees across company,

https://www.usatoday.com/story/trav...-disney-parks-wont-reopen-in-2020/2998426001/

Here is a Speculation on when Disney's theme parks will reopen.

A financial analyst made headlines Monday when he predicted that Disney World, Disneyland and the company's overseas properties won't be able to reopen until January 2021.

John Hodulik, the managing director of investment research at global financial firm UBS, estimated that health and economic concerns would keep the parks closed through 2020 in his report, titled "The Eye of the Storm."

"We believe Parks' profitability will be impaired for a longer period of time given the lingering effects of the outbreak and now assume an opening date of Jan. 1 as our base case," Hodulik wrote. "That said, the economic recession plus the need for social distancing, new health precautions, the lack of travel and crowd aversion are likely to make this business less profitable until there is a widely available vaccine."
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Again, the word 'speculation'.
They will try and get them open in the mid-late summer with less events and plenty of social distancing. The virus will have subsided greatly by then and doctors can focus on how to mitigate for the next wave (if it happens). And if that Oxford vaccine goes well and it gets released in September like they predicted, they will definitely get ready for full operations. Disney makes $11 billion every year with the operation of the theme parks. They can't afford to lose ALL of it.
Shanghai's Disney park is testing for socially-distanced operations right now. Cast members are wearing masks and learning new routines.
 
crainbebo said:
Disney makes $11 billion every year with the operation of the theme parks. They can't afford to lose ALL of it.
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The whole Disney company made $11.9 billion last year.

The profit from the parks last year was just under $4 billion on revenue of around $25 billion. They use a fiscal year that is not the calendar year.
 
crainbebo said:
Again, the word 'speculation'.
They will try and get them open in the mid-late summer with less events and plenty of social distancing. The virus will have subsided greatly by then and doctors can focus on how to mitigate for the next wave (if it happens). And if that Oxford vaccine goes well and it gets released in September like they predicted, they will definitely get ready for full operations. Disney makes $11 billion every year with the operation of the theme parks. They can't afford to lose ALL of it.
Shanghai's Disney park is testing for socially-distanced operations right now. Cast members are wearing masks and learning new routines.
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Likewise speculation. That said, good luck with social distancing at an amusement park. They can say it, they can ask people to respect it, but it's an illusion.
 
Updates to the theme park situation...

Shanghai Disneyland will reopen May 11th with mask requirements for guests/cast members, and limited entertainment options. This is the first park in the Disney cluster to reopen, they closed in January.
https://www.npr.org/sections/corona...ls-out-of-tickets-for-post-shutdown-reopening

Disney Springs, the shopping complex at Lake Buena Vista, will have a limited reopen on May 20th. WDW remains closed.
https://www.mynews13.com/fl/orlando...-springs-to-begin-phased-reopening-this-month

Some essential construction work returns to Disneyland. The park itself will not open for several more weeks, the earliest reservations on their site are for July 1.
https://thedisinsider.com/2020/05/0...-avengers-campus-and-mickeys-runaway-railway/
 
crainbebo said:
Some essential construction work returns to Disneyland. The park itself will not open for several more weeks, the earliest reservations on their site are for July 1.
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I'm also seeing that July 1st date on several hotel chains for new reservations.
 
https://www.fiercevideo.com/video/disney-s-streaming-revenues-balloon-to-4-1b

Disney's streaming revenues released for Disney+ and Hulu.


As the coronavirus pandemic casts uncertainty upon Disney’s near- and mid-term financial results, the company’s direct-to-consumer and international business is soaring.

The segment’s revenues for Disney’s fiscal second quarter increased from $1.1 billion to $4.1 billion while segment operating loss increased from $385 million to $812 million. The increase in operating loss was due to costs associated with the launch of Disney+ and the consolidation of Hulu. The company said it also saw a benefit from the inclusion of the Fox businesses due to income at international channels including Star.

The segment’s earnings were also impacted by the full inclusion of Hulu since March 20, 2019. Prior to that, only Disney’s ownership share of Hulu results was included (as equity in the loss of investees).
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https://www.nbclosangeles.com/news/...of-disneyland-resorts-gains-momentum/2379916/

An online petition urging a delay of the scheduled reopening of the Disneyland Resort due to the risk of guests contracting coronavirus has acquired more than 26,000 signatures as of Saturday morning.

The change.org petition was started by a user called "We Are Anonymous" and states that because COVID-19 cases are rising, Disneyland Resort is "endangering cast members and guests to be exposed to (coronavirus)" with its planned reopening of Disneyland and California Adventure on July 17. The Downtown Disney shopping district is scheduled to reopen July 9.

"There are more cases now than when the parks closed on March 13th, 2020," the petition said. "Health Officials have stated that the 2nd wave of COVID-19 will be worse. So reopening before the 2nd wave even hits us is irresponsible and greedy."

In a blog post on the Disney parks web site, Chief Medical Officer Dr. Pamela Hymel said on May 5, "...our focus remains on the health and safety of the entire Disney community -- including the wellbeing of the cast members who are caring for and securing our parks and resorts during the closure."
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Here is an update on the proposed Disney Reopening of their Parks. Note Some states will face a second wave of SARS-CoV-II sooner than expected.
 
Hasn't Disney said that traveling to their parks would be at the 'own risk' of the tourists and they would take no responsibility? I know they are requiring face coverings. There won't be fireworks or character dining either when both FL and CA open back up.
If I was planning a trip to Disneyland I'd hold off until at least the holidays, if not into 2021. Even if things look up over the summer they won't have a lot of the magical experiences the park is known for, let alone large events. It will take a burnout/fadeout of the virus to optimistically bring those things back, but more likely the Oxford vaccine needs to be given the green light to distribute. They will test 30,000 I hear in August in the U.S. and they are already into Phase II or III in Europe, with 2 billion to be made through the end of the year if it works out - decision to be made sometime in September.
 
https://www.kron4.com/news/californ...sday-with-coronavirus-modifications-in-place/

Umm Disney might need to reconsider mainly because there are reports of spikes in some parts of California.

While Disneyland Resort theme parks remain shuttered indefinitely because of the coronavirus pandemic, Disney is looking to bring some of the magic back when it greets visitors again at Downtown Disney starting Thursday.

New health and safety precautions will be in place to mitigate the spread of infection as the phased reopening begins, according to the resort. The measures are based on guidance from health officials and agencies such as the Centers for Disease Control and Prevention.

During the initial phase, guests will have their temperature checked before entering the shopping and entertainment district in Anaheim. Anyone with a temperature of 100.4 degrees or above will be turned away, along with all other members of their party.

Other measures include: required facial coverings for guests ages 2 years and older; limited capacity and physical barriers to help maintain social distancing; and enhanced sanitation procedures.
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With their safety and sanitation guidelines, I wish them all the best in Florida. This will be an interesting time with the NBA nearby.
Epcot and Hollywood Studios will open on 7/15, it's just the Magic and Animal Kingdoms opening tomorrow with a reservation system.

Meanwhile out west, Disneyland is still on a delayed TBA reopening thanks to Newsom's new restrictions. My guess is they open at the latest, Labor Day weekend.
 
https://ktla.com/news/coronavirus/a...n-florida-disney-world-is-reopening-saturday/

“The Most Magical Place on Earth” is reopening after nearly four months with new rules in place to help prevent the spread of COVID-19.

Walt Disney World’s Magic Kingdom and Animal Kingdom are reopening Saturday, while Epcot and Disney’s Hollywood Studios will follow four days later.

Meanwhile, it remains unclear when Disneyland and California Adventure in Anaheim will reopen after the company scrapped plans to welcome guests on July 17. Downtown Disney reopened Thursday and drew long lines, with some people waiting overnight.

Disney World’s reopening comes as a huge surge of Floridians have tested positive for the new coronavirus in recent weeks. Many cities and counties around the state have recently reinstated restrictions that had been lifted in May, when cases seemed to drop.
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Again, masks required and a lot of attractions on restricted use or shut down. Frankly if I was in FL, I wouldn't go not because I could spread COVID, but because of those restrictions (doesn't feel like a fun vacation...). I'd wait until Disney lifts them, hopefully in the fall.
 
If, and a big if, the situation markedly improves, easing the capacity and various other limitations by fall might be attainable. But should this not wane—if a combination COVID/flu season turns out to be on the worse end of the possible outcomes, it could be considerably longer before something approximating the “before times” returns.

In some ways, the forced smaller crowds and spacing would make the parks far more enjoyable to me. But there’s not a snowball’s chance in he-double-hockey-sticks I’m setting foot there for a very long time.
 
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