Monday, September 15, 2008
Iger Defies Gravity...
I was aiming to put this story up the other day but as usual, life gets in the way...
Bob Iger spoke with USA Today about running the Walt Disney Company and he discussed how the Mouse's tourism business is flying high.
Give it a read...
Posted by Honor Hunter at 12:22 AM
Labels: Economy, Global Stategy, Themeparks, Tourism, Walt Disney Company
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All this talk about a crashed Stock Market, yet DIS is doing awesome.
2009 is the year when Disney will feel the crunch, big time.
disney fell today 79 cents yet continues to lead all media stocks... meanwhile washington mutual is predicted to be the next bank to fail we will see what kind of further effect this will have on the tourism industry
Disney may get hurt, but Disney is the brand when it comes to big-ticket tourism. While everyone will get hurt, Disney will get hurt the least. Lots of folks will cut out a variety of expensive vacations in order to save the money for a Disney trip. I know. I'm one of 'em: going to Orlando next April, despite the fact I'm hurtin' for cash. What little I got, Disney will be getting a chunk of it.
Because they are Disney.
Universal Studios Orlando? Not so much. More than enough to do at Disney, and I'm much more interested in taking my little girls through Disney (first time for one, third for the oldest) than hitting Seaworld or Busch Gardens, so if something has to go, it's going to be all the peripheral expenses. We'll find time, and what money we can, to do Disney right.
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