Well this is surely an indicator that we are still dealing with coronavirus recovery.
UBS analyst, John Hodulik doesn’t think it will happen until next year for Disney and amusement parks in general.
He speculates, “The economic recession plus the need for social distancing, new health precautions, the lack of travel and crowd aversion are likely to make this business less profitable until there is a widely available vaccine.” I’m hearing the rumors of that vaccine not being available until 2021.
Meanwhile, Florida Governor Ron De Santis says Disney is “so far ahead of the curve” in re-opening discussions for Walt Disney World Resort but he adds that “everyone wants to make sure we do it safely.”
I’ve still never been to Disney World and I definitely wouldn’t go this year no matter what the curve looks like. Too risky! What about you?