[WishUponAStar]

I was on the eliptical at the gym so I wasn't able to pay attention 100% but he definately mentioned that holiday bookings are only down 1% this year but that overall attendance at their 'domestic parks' isn't yet suffering as much as people have wanted to predict year over year. ALTHOUGH, If you look at LONG TERM bookings he said "they’re off appreciably from a year ago.”

He said the lower long term booking analysis spurred them to announce a new offer to guests where they can pay for 4-nights & get 3 free. Great deal for anyone who's been on the conservative side about booking Disney trips because they're worried about the economy.

Anyway, he spent a great deal of time talking about their network ownership; ie Disney-ABC, ESPN, radio stations, etc. Which I didn't pay 100% attention to.

He sounded confident but there was an undertone of insecurity in my opinion, ESPECIALLY when Radigan was trying to close the interview and Bob Iger quickly [desperately] plugged the movie "BOLT." aye, aye, aye.

Here's the 'rapid recap' link:
Disney Magic Battles Recession - Rapid Recap - CNBC.com

[iluvwdw]

I wonder if discounts will continue after this new promotional period which ends in June? We MIGHT go in October (and get the birthday gift cards for DS and me, since our bdays are in the same week) and rent a studio DVC if there are no other discounts offered. Time will tell...

[jo-jo]

I thought he said holiday bookings were down slightly from last year, but future bookings were way down. That's why the new offer. And yes it was funny how he just had to get the line in about the movie.

[WishUponAStar]

Originally Posted by jo-jo

I thought he said holiday bookings were down slightly from last year, but future bookings were way down. That's why the new offer. And yes it was funny how he just had to get the line in about the movie.

I got it wrong, I edited it. I had it backwards. Sorry.

[chottsy]

i saw it!

park attendance is only down 1% right now...(although that 1% is alot of $$$ for disney to be out)

i was surprised, thought it would have been more like 3%.


for my own selfish reasons, (we are going Dec.12-19th) i was glad to hear holiday bookings were down ever so slightly.

[jo-jo]

Originally Posted by WishUponAStar

I got it wrong, I edited it. I had it backwards. Sorry.

I can understand how that could happen. You were on the eliptical, all the blood left your brain. On the other hand, if I was on the eliptical I would have missed the whole report cause I would be passed out on the floor.