Originally Posted By Rebekah This topic is for discussion of the 8/27/2001 news item <b><a href="http://orlando.bcentral.com/orlando/stories/2001/08/27/story3.html" target="_blank">OrBusJrn: Disney World revenue slips and slides</a></b> The August 27th <I>Orlando Business Journal</I> reports Disney World revenue saw a $100 million drop in revenue while the Disneyland Resort saw an increase of $94 million in revenue.
Originally Posted By woody "At Disneyland, the California flagship of the Disney empire, revenue grew by $93 million during the quarter. Much of that stemmed from three new attractions: Disney's California Adventure, a Downtown Disney concept and the Grand California Hotel, all of which debuted this year." DTD and DCA are a success!!! Terrific, but suppose it's only 6 months since opening. Prediction: $200 million in first year of operation. With 20% margin, Disney profits $40 million. That's a lot. As far as expanding DCA and DTD, it's possible, but I think they want to squeeze out more money before expanding.
Originally Posted By pheneix My guess is that Downtown Disney, which has been reportedly wildly successful, has made up most of DLR's increase. The loss for WDW is pretty bad, no matter how you look at it. Sadly, this will only prompt more cost cuts, which will turn more people away from the Disney brand. Someone needs to tell Eisner that when you have a problem, be it attendance or merchendise sales, you play UP to the problem, not down to it. Pheneix
Originally Posted By magnet Given how Epcot's 25th was treated, I'm not sure they've fully learned their lesson....
Originally Posted By smeeeko ^If it wasn't it would be a REALLY big mess-up for the Business Journal to make! LOL =)
Originally Posted By smeeeko ^either it has something to do with the 'glitch' that Doobie was talking about with DL General threads or maybe someone dug it up in the archives. happens.
