Disney sells some of its world

Discussion in 'Walt Disney World News, Rumors and General Disc' started by See Post, Mar 28, 2006.

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    Originally Posted By Lake Nona


    <a href="http://www.orlandosentinel.com/business/custom/tourism/orl-disneyland2806mar28" target="_blank">http://www.orlandosentinel.com
    /business/custom/tourism/orl-disneyland2806mar28</a>,0,7507114.story?coll=orl-business-headlines-tourism

    Sounds like the sale of the century.

    A home development near WDW!
     
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    Originally Posted By cape cod joe

    We all have to start saving our money to buy that stuff. I have the Orlando Sentinel on my home page and that's the first thing I read this morning.
     
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    Originally Posted By hopemax

    There are already several developments behind the MK, which is where the Reams Road one would be too. My parents were looking at one development on Saturday. $500K price range.

    However, we have friends that originally bought up there, and while seeing the fireworks was fun for awhile, they are so close that the glass would rattle pretty bad.
     
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    Originally Posted By Witches of Morva

    ORDDU: In that case, hopemax, duckling, my sisters and I certainly don't want to ever have to hear that the Magic Kingdom has to curtail its right to have fireworks--the way Anaheim residents complained against Walt's original park--after they decided to live so close to a theme park.

    ORGOCH: Got that right!! First one ta bellyache 'bout the noise er pollution from fireworks is gonna' have ta answer ta me!! An' I'll turn 'em inta a toad faster than ol' Dick Cheny can shoot off a gun!!
     
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    Originally Posted By mrichmondj

    More evidence that Disney World is becoming dependent on real estate sales (Celebration, DVC, and now this) to pump up revenues and profits. It really makes you wonder what the bottom line really looks like when you subtract out these transactions.
     
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    Originally Posted By DVC_dad

    That's what the annual report is for people. Relax, it's not any sort of writing on the wall.
     
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    Originally Posted By mrichmondj

    The annual report is what tipped me off on the revenue problems for Disney theme parks in the first place.
     
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    Originally Posted By LuvDatDisney

    While it will add (short term) to Disney's bottom line, I have to wonder about the long term value of selling property.

    It sounds like when Disney ditched valuable real estate in Southern Cal, Colorado and NYC instead of building DVCs there.

    Just because you can do something doesn't mean you should.
     
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    Originally Posted By trekkeruss

    Maybe we should all chip in a buy an LP party house. :p
     
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    Originally Posted By seanyoda

    <a href="http://tinyurl.com/m9cva" target="_blank">http://tinyurl.com/m9cva</a>
     
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    Originally Posted By mickeymeg

    I second trekkeruss' s idea =)
     
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    Originally Posted By Labuda

    Heck, I'd contribute a buck to that! ;)
     

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