Originally Posted By BlueOhanaTerror >>>I do not believe that new attractions make money for Disneyland. In fact, they are an expense, and therefore cut into the park’s bottom line.<<< If this is something you merely "believe" then how can your very next statement be "fact?"
Originally Posted By fkurucz He is correct, they do not directly earn income. During the old ticket days they did. When Disney switched from the ticket books to the current all you can eat Passport/AP strategy, it radically altered its business model. So if a 10% ROI is expected, WDW should see a $10,000,000 profit boost after EE opened. If it didn't, then EE could be considered a failure. This of course assumes the profits would have remained steady with EE.
Originally Posted By Hans Reinhardt ^^Not to mention that EE's operating expenses are now added to AK's overall operations costs. Anyone know what affect the new attraction has had on that park's attendance? I shudder to think how much it must cost to operate an attraction like Pirates on a daily basis.
Originally Posted By fkurucz ^^No doubt the accountants at TDA have costs broken down per ride. And they aren't telling anyone either. >>This of course assumes the profits would have remained steady with EE.<< correction - Without EE
Originally Posted By BlueOhanaTerror Still an awful lot of speculation, based on... supposition. That's just a few steps away from Art Bell land. (that's underneath Liberty Square)
Originally Posted By Hans Reinhardt "Still an awful lot of speculation, based on... supposition." Not really. There is well-documented research proving new attractions at Southern California theme parks do not result in any meaningful increase in attendance, especially if you look at the market as a whole. In addition, it stands to reason that the cost of building and operating a new attraction, especially if it does not replace an existing one (ToT, Indy, etc.) is an additional expense. Given that new attractions rarely, if ever, create long-term attendance gains it isn't surprising that Disney isn't building new $100 million E tickets every year.
Originally Posted By a1stav ^^^ The Block gets more visits per year than Disneyland, so the smart buisness model would be to tear down Disneyland and build a large outdoor mall.
Originally Posted By FerretAfros But the number of visitor doesn't really tell how much they spend. I could be wrong, but I highly doubt that a mall, no matter how special it is, could make more money than Disneyland.
Originally Posted By BlueOhanaTerror A mall is a destination for Shopping. It's designed for that purpose. People who want to buy nice things will target a nice mall. They're not going there for the purpose of entertainment, unless they're entertained by shopping (or the movie theater in the mall). >>>There is well-documented research proving new attractions at Southern California theme parks do not result in any meaningful increase in attendance, especially if you look at the market as a whole.<<< Strange then, that you'd automatically use the phrase "I believe" for something you later claim to be so well-documented.
Originally Posted By fkurucz >>But the number of visitor doesn't really tell how much they spend. I could be wrong, but I highly doubt that a mall, no matter how special it is, could make more money than Disneyland.<< It depends on what kind of profit margins DLR has. Of course, DLR has a mall (DtD) these days.
Originally Posted By FerretAfros And how exactly do they count the number of people in the Block? It isn't like DL where you have to enter through a turnstyle, so there is no exact way of counting. Maybe they don something based on the number of individual sales, but that still doesn't seem to be a very reliable way of counting.
Originally Posted By a1stav Most malls do a car count and multiply by two. I know, not the most accurate way to judge numbers, but it work fairly well.
Originally Posted By Hans Reinhardt "I could be wrong, but I highly doubt that a mall, no matter how special it is, could make more money than Disneyland." I also doubt if the income from rent generates the kind of income that DL does for the averag mall owner, however I wouldn't be surprised if the total revenue of all stores combined at, say, South Coast Plaza, is comparable to DL. Okay, now I'm speculating. "Strange then, that you'd automatically use the phrase "I believe" for something you later claim to be so well-documented." Sheesh, give it a rest. I thought I cleared this up with you already.
Originally Posted By BlueOhanaTerror >>>"Strange then, that you'd automatically use the phrase "I believe" for something you later claim to be so well-documented." Sheesh, give it a rest. I thought I cleared this up with you already.<<< Don't see anything well-documented yet. Until then, I guess it just remains one of your core beliefs.
Originally Posted By Hans Reinhardt Okay, smarty-pants, here's something for you to read tonight before you go to bed. Hopefully, you will let this rest now. <a href="http://www.anderson.ucla.edu/x8406.xml" target="_blank">http://www.anderson.ucla.edu/x 8406.xml</a>. (The full report can be downloaded at the end of the page)
Originally Posted By BlueOhanaTerror That was the best you could offer? A thesis paper? I can spend a few minutes and find a thesis paper that proves Buddha was a crossdresser (come to think of it, that would take about 15 seconds). Sorry you got all bent out of shape. I was just wondering what you actually knew, as opposed to what you simply believed and were foisting as fact. Besides, these guys are from UCLA. I went to the other place. We don't recognize their right to exist.
Originally Posted By BlueOhanaTerror Yeah, after reading only the first few pages, I found several factual errors presented ...as facts. Things like this: >>>Building a small regional park costs at least $200 million and a new destination theme park can cost as much as a billion.<<< There's plenty of "small regional parks" - i.e., Dollywood and parks in Branson, MO, and elsewhere, which opened for quite a bit less than $200 million. This is what we call "a guess in the hopes nobody knows we're pulling it out of our tushie." I'm sure there's more term papers out there, though, with guys who don't have to do that sort of thing.
Originally Posted By BlueOhanaTerror ...and then there's this weird little quote... >>>Even after a theme park is built, the need for additional capital expenditures is constant. (well, duh) Without occasional new attractions, attendance will begin to decline. The amount of capital investment required has increased in recent years, as consumers raised on a wide variety of entertainment options have raised their expectations.<<< Besides wondering how these guys ever graduated college writing obvious pablum like this, I gotta go with the idea that they were guessing on THIS one, too... But kinda weird that, even with their suppositions, they're not really helping you... Maybe like to play with Germans.
