Originally Posted By Malin Tokyo Disney Resort operator Oriental Land Co Ltd said on Tuesday it had scrapped a plan for a new Disney-theme entertainment complex in a major city in Japan, citing the poor prospects of the project's investment returns. <a href="http://www.reuters.com/article/marketsNews/idINT1610620081007?rpc=44" target="_blank">http://www.reuters.com/article...7?rpc=44</a>
Originally Posted By Spirit of 74 This is somewhat surprising considering how far along this had supposedly gone. But it tells you something about the jitters in the worldwide market.
Originally Posted By The Goddess Mara This was a dumb idea to begin with. Now, perhaps, they'll get on with the idea of building a third park!
Originally Posted By Mr X Again, where? I've not seen any space there for a park, unless they're going to reclaim more land or something? That's be great, but I've also heard they're thinking about a third park somewhere else (Osaka would make a lot of sense, I guess).
Originally Posted By The Goddess Mara Can't they reclaim enough more land to build a third park? I imagine it's possible, and build another hotel or two. Draw more people, and more business, and make more money. According to OLC, they've had a record year for the 25th, so that's where I would invest. Why start from scratch in Osaka when Universal is already there? You could only invite comparisons between the TDR, which has two fully built parks and three Disney hotels, with a fledgling park that would open with, perhaps, one hotel. They don't need that kind of headache. I say, make it a triple in Urayasu! Reclaim! Build!
Originally Posted By SuperDry If you read the story carefully, you'll note that they're not necessarily talking about another theme park. In fact, later in the story they refer to it as an "urban-style amusement facility" - I think this was going to be an entirely new concept that some people have been talking about, and not a theme park, at least not in the traditional Disney sense.
Originally Posted By The Goddess Mara We understand that: the half-baked Downtown Disney Cake with a few rides. PeeYou! Dumb idea then, dumb idea now. Just dumb. Spend your money where you're already making money.
Originally Posted By Malin I had always though OLC were considering going with the third project alone without Disney's characters or Imagineers. This I feel would be a very big mistake as look at some of the other ventures OLC have done without Disney's help and licence, only need to look at Ikspiari to know this. Don't get me wrong the place has some nice shops and restaurants, but the design and layout is a mess, although I am true the design team were restricted on space.
Originally Posted By jefegordon What about the rumors im hearing about the new tommorowland coming to TDL in 2010
Originally Posted By Malin Probarely just rumours for the time being, all attractions that Disney have not already had the budget approved and are in the early stages of deveolpment appear to be on hold for the time being. The OLC will probarely be taking similar action until a more clear picture comes out about how if any effect the current Global Financial Crisis has on the parks. Reason why I believe the Entertainment centre was also shelved. Of course both OLC and Disney are not going to admit these concerns publicly.
Originally Posted By WorldDisney ^^But why wouldnt they? Pretty much every company around the world is? Hell, airlines industry is basically sounding apologetic everytime it lays off an entire team of pilots or raise up the price of a ticket once more over fuel and economic concerns. Disney isnt in a vacum, especially tourism in general for these concerns.
Originally Posted By WorldDisney For the record, I was curious of what this would be, at least some art layouts or something, before I passed judgement. But if Ikspari is doing as bad as people keep saying it does, then yeah, one with a few Disney attractions and shows maybe not have done much better AND being in another city as well. At least Ikspari is near the parks.
Originally Posted By Malin *** But why wouldnt they? Pretty much every company around the world is? Hell, airlines industry is basically sounding apologetic everytime it lays off an entire team of pilots or raise up the price of a ticket once more over fuel and economic concerns. *** Until you know how badly the latest financial crisis is going to effect your business why admit to them, it will only result in your stock price falling due to the lack of confidence. Also regarding fuel and oil in general the demand for it is falling and prices are dropping which could have a positive impact for some companies down the line.
