Although Disney World was able to open in July of 2020, Disneyland has been unable to open because of the strict guidelines the state of California set for theme parks to be able to open. Now, California has released updated theme park reopening guidelines as the biggest theme parks in Southern California prepare to reopen.
Now, the reopened theme parks are still operating at limited capacity, but those limits may grow as more people are vaccinated. Health concerns constituted a major drop in demand for travel, so how is a return to normal demand levels looking?
California theme parks are preparing to reopen after the state government modified their guidance. Now, large theme parks like Disneyland can reopen as early as April 1st with limited capacity once their county enters the Red tier. Orange County, where Disneyland is located, officially entered the Red tier this past weekend.
While Disneyland aims for a late April reopening, it may come with a shocking twist: silence!
During Disney’s most recent Investor Day conference, we got to hear about TONS of new shows and movies coming to Disney+ or theaters in the next few years.
And while Disneyland and some of Disney’s other theme parks around the world are currently closed, Disney World and other Disney theme parks are currently open. Taking all of this into account and with news of vaccines already starting to be distributed in the United States, one analyst has upgraded his rating of Disney’s stock.
Thinking of heading to Orlando for Thanksgiving or the holiday season?
You may be thinking that the parks will be totally empty given the global pandemic and recommendations that some states have made to limit non-essential travel, but Disney has reported that Thanksgiving week capacity is almost at 100% and now Orange County Mayor Jerry L. Demings has also indicated that, despite travel warnings, people are still traveling to Orlando.
Yesterday, The Walt Disney Company held an earnings call regarding the end of their fourth quarter and end of their 2020 fiscal year.
The Disney executives on the call shared a LOT of information about Disney’s finances, the situation with their theme parks and entertainment, and some ideas about the future. Today we’re breaking down the BIGGEST things you may have totally missed from yesterday’s call.
If you’re headed to one of the Disney World theme parks in October, you’ll have a little bit more time to enjoy the magic at some of the parks during the weekends.
Not too long ago, Disney extended theme park hours on the weekends through October 12th, and now we’re seeing those extended hours applied to more weekends in October.
Disney has been pretty tight-lipped when it comes to how they’ve been dealing with their financial stability during these uncertain times.
Due to the ongoing global health crisis causing disruption to almost every segment of the Walt Disney Company, their unique situation could be seen by the casual observer as precarious at best.
This week marks the first month since Disney World reopened after its longest closure in history. Disneyland Resort’s theme parks and hotels, however, have yet to reopen.
Due to the ongoing global health crisis, The Walt Disney Company has had to pivot and adapt on the fly to the ever-changing circumstances of our new environment.
Consisting of many segments pertaining to the entertainment industry including Disney Cruise Line and Walt Disney Studios namely, just about every facet of The Walt Disney Company has been financially impacted from the shutdown, with Disney’s theme parks taking the biggest hit. Now, the Walt Disney Company has just held its Q3 earnings call to discuss the results of its third fiscal quarter of 2020.