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Disney making big money, big plans

 

Disney CEO Robert Iger and other executives gave their investors good news earlier this week as they reported to financial analysts. According to their reports, every one of Disney's theme parks around the globe is turning profits, and the company is moving ahead with $60 billion worth of new investments in its properties.

That includes three more ships under construction for the Disney Cruise Lines operation, as well as $42 billion earmarked for "incremental capacity-expanding investments around the globe."

Iger told the analysts that Disney is "already hard at work determining where we're going to place our new investments and what they will be, You can pretty much conclude that they'll be all over — meaning every single one of our locations will be the beneficiary of increased investment and thus increased capacity."

He said that "We've got a menu of things that will basically start opening in 2025, and then there'll be a cadence every year of additional investment and increased capacity."

The best part of every trip is realizing that it has upset your expectations

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Our family of four used to be able to visit Disneyland for a total admission of about $100 a day (for 2 adults and 2 kids) -- in the late 1990s.  We used to visit the park at least once a year.

Today a single admission ticket will run a minimum of $120.00/person/day.  For a family of five, with 2 meals, parking, a few souvenirs, a day at Disney will end up costing over a thousand dollars!!

I think the Magic Kingdom is pricing itself out of most family's budgets.

Twitter: @DrFumblefinger

"We do not take a trip, a trip takes us".  John Steinbeck, from Travels with Charlie

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