For the Walt Disney Company visit their website: www.waltdisney.com, Copyright © 2020 | Bamboo on Trellis Framework by Mediavine, Original Soarin' Over California Coming Back to Disney California Adventure in 2020, City Works Eatery & Pour House in Disney Springs | Menu, Opening + Details, Walt Disney World Phased Reopening | Complete Guide, How to Make Disney World Park Pass Reservations | Complete Guide, Disney World Closures – Updates, How to Get a Refund & Future Impact, Disneyland Reopening – Latest Updates, FAQs & Refunds, Disney Cruise Line Closure – Updates, Refunds & FAQs, Oga’s Cantina (Menu, Review and Reservations), Star Wars Galactic Starcruiser Hotel | Location, Cost and Opening, Savi’s Workshop – How to Build a Custom Lightsaber, Walt Disney World 4 Park Magic Ticket Offer Discount Park Admission, Disney Animation and Pixar Presentations for D23 Expo, Latest Walt Disney World Ticket Price Increases. A Disney park outside of Rio would make for a good location. Has there ever been a time in history when the Walt Disney Company has been stronger? Disney Parks, Experiences and Products Chairman Bob Chapek unveiled details today at the D23 exposition on several new attractions that will be appearing at the company theme parks, including a new… Would be nice if a digital copy of it was available. Disney reportedly had plans to build a park named Disney's America. He developed the methodology for the feasibility studies that almost every successful theme park company used to guide their development. When you take into consideration the land they can’t build on, that means Disney has approximately another 40-50% of that land left that can still be developed. Heck, they just paid over $70 billion dollars (think about that number a minute) for the Fox acquisition, and that is having a big impact on their bottom line right now. Disney stock lost 10% value from Jan to May 2018 despite breaking box office receipts for 2 new Marvel movies. Location. However Comcast was at $44.00 a share not long ago, so it's down just over 30%. 2001) is perhaps at the very least the best Disney Theme Park in the world. Maybe whatever real estate this now frees up in Disney World doesn’t necessarily mean a park, but they must be using it to build something. As such, it took some getting used to. September 18, 2018 ... New Disney Loungefly Backpacks Are Made for Disney Parks Fans. I don't think debt is a big problem for Disney as companies purposely have taken it out over the past decade because it was so cheap, they are making plenty of cash. As the price of borrowing money has skyrocketed in the past few months, you can see the companies that are not burdened in debt, as those are the ones driving growth of the stock market as a whole. Executive compensation isn't a problem. Introducing a 2-night, all-immersive adventure coming to Walt Disney World Resort. It will be India - the next emerging market, and on track to be the second biggest economy in the next decade. When Universal bought 750 acres for their new theme park it was obvious to everyone a new park was coming. Disneyland Paris was the first new Disney park either of us visited in 20 years. By increasing ticket prices and offering more high-end tours and packages, they have been able to increase revenue without having to necessarily increase park attendance at the same time. Additional road construction would greatly add to the expense of a new theme park. Eventually, they will have to fire another salvo back at Universal otherwise they risk letting Universal catch up, or even pass them. ... New Jersey 712 contributions 125 helpful votes. Of course, not all of that land is going to be buildable, (we are still talking about swamp land here) but Disney and Disney has already started looking for other land outside that original purchase. That’s the reason we now have Pandora: The World of Avatar and Star Wars: Galaxy’s Edge today, because of fear of loss. But while Disney fans have been clamoring for a 5th gate in Walt Disney World, the stars just haven’t been aligned, and it has mostly been wishful thinking with no solid basis to think we’d be getting a 5th gate anytime soon. That’s roughly 12,000 – 15,000 acres left. Do they really want to do it again? Dreamers Point. Remember how we told you that Disney can’t build on 25% of the current land they have in Walt Disney World? Walt Disney World Resort is building a new hotel with more than 900 beds on Bay Lake where the former River Country water park was once located, the company said Thursday. Also I really hope Singapore isn't on the table ... my one visit to Universal (which was not in summer) it was soooooooooo humid, being outside was like being in an oven. Eschewing a castle for a fiery volcano, Tokyo DisneySea defies Disney conventions at every turn. Walt Disney World is already one of the busiest vacation spots in the world and is always one of the strongest earning divisions of the Walt Disney Company. I always thought Spain would have been a good location for a Disney park. All of these movies are making over $1 billion just in box office ticket sales. Think of licensing agreements, toys, video games, theme park attractions, etc. Read More Upon arrival, you’ll be welcomed home by a palm tree-lined boulevard and the striking façade of this Resort hotel. Another thing they could do is build more resort-only-type experiences like the upcoming Star Wars: Galactic Starcruiser Hotel. … Website +1 407-939-5277. Perhaps Disney might be swayed as to the stability of the destination by a big enough check, but none of the projects that we've seen launched in the UAE or Saudi Arabia are costing anywhere near the amount of money that Disney would demand from a new resort. April 24, 2020. Just in December 2019, Disney purchased 235 acres near Reedy Lake on the upper western part of the Walt Disney World property. Seeing how people love the currently 4 theme parks, they would certainly come flocking to a 5th one. Based on stock in prices alone, if you invested in Feb 2015, you made no money 3 years later. In my opinion, the top 2 are the best suited for a new park, mostly because the one on the bottom left is too close to the Animal Kingdom, which would limit its possibilities for nighttime entertainment due to the animals being close. Lastly, let’s talk about attendance. Disney’s Hollywood Studios is the only other park stop for the Disney Skyliner transportation system. Talk of a 5th gate in Orlando is nothing new. The backstage location at Disney World where they invent and test all the theme park food. The situation here is totally different than in Disneyland for example where neighboring businesses started encroaching on Disney’s land from the second they opened the gates in 1955. I grew up on Disney and it has and continues to be a huge part of my life. They took on a lot of debt to purchase Marvel and LucasFilm. I work hard at making this website into a useful resource for you and your family to plan your visit to the Disney Parks and I hope it can help you! If built properly and with the right economic circumstances, a 5th park would increase company revenue and propel the company forward in the Orlando theme park market for decades. If Singapore ever could present a large enough site for Disney, it absolutely would be in play, too.). It makes much more business sense for the company to take on a development partner that will obtain (or provide) and develop the land for the new resort. I mean, when two of your parks were in dire need of updating in the last 5 years (Epcot and Hollywood Studios), it’s better to get those under control than build a completely new theme park. Regarding Saudi Arabia, in a recent interview Iger said the prince of has really been pushing for a Disneyland and offering him lots of "incentives" to build one. Thought by many to be the “best theme park in the world,” Tokyo Disneyland’s little brother (Est. Walt Disney Company would be looking for new sites around the world to build theme parks. April 24, 2020. Anyway, go read Buzz's book. I know that Disney were interested in a small park in sydney but couldn’t reach terms with the govt. Maybe all this land isn’t being used to build a 5th park either directly or indirectly, but Disney is definitely up to SOMETHING. Rumors about a 5th theme park coming to Walt Disney World have been around since the 4th one, Disney’s Animal Kingdom opened in 1998. Even if you think the parks are too full, Disney has found another solution to the problem. Now considering that Disney’s Animal Kingdom is the biggest Disney World theme park and only takes up 580 acres, 12,000 is more than enough for a 5th park. Disney has brought this feature back with an updated look in a new location near the security checkpoints just outside the park's entrance. Disney World is another story though and it would make sense they want to use that valuable real estate for something that helps the company’s bottom line. But Disney isn’t going to sacrifice the attendance in its current parks for a new one. Contact. A company like Six Flags will happily take the money and build a park...but lets be serious about Disney. Amanda Kondolojy Sunday, February 7, 2021 The trick is that if Disney buys other surrounding land in the Orlando area, and then uses that as environmentally protected, they, in theory, can “trade” that for the rights to build more on the existing Disney World site. This would be amazing and also help solve Disney’s problem. Universal Tweet Here are my top 3 educated guesses based on market research: Shanghai barely crossed the finish line. Looking at a map, there are 3 locations that stand out as being ideal in the event Disney wanted to build another park: All 3 are close enough to the existing roads and Resort infrastructure that they would make good locations for a new park. Disney had announced a panel for a “Secret Walt Disney Company Project,” that many were speculating could be a new theme park in Florida. for star wars galaxy's edge make more land like Naboo, Hoth, Bespin, Concord Dawn, Dagobah, Mandalore, Naboo, Tatooine, Kashyyyk, Hutt Planet Nar Shaddaa make more cartoon or live action like Duckburg, neverland, herbie the love bug, planes and star wars cars for cars land, Aladdin, Mulan, Once Upon a Time, Hundred Acre Wood, AMPHIBIA, FRAGGLE ROCK for your theme park. I don’t think realistically we’ll be getting a 5th gate in the next few years as more $ is being put into revamping the current Disney World parks right now. Star Wars: Galactic Starcruiser. Disney CEO Bob Iger sparked the imaginations of theme park fans around the world yesterday when he confirmed that the Walt Disney Company would be looking for new … – Where and How Long. Our thought though is that they already will start tapping into more existing IP for expansions to the current parks, it will be hard to come up with enough right now for a totally new park. Disney will continue to take on debt with the Fox purchase. Disney down under !! Despite making a lot of money, stockholders should invest elsewhere. Shouldn’t we be at least curious in this case too? Disney's also looking for long-term political stability in an international destination, which is why I don't see it rushing to place a new resort in the Middle East, despite the money that the United Arab Emirates and Saudi Arabia are pouring into tourism developments. Disney’s Riviera Resort is designed to capture the magic of Europe that Walt Disney fell in love with once upon a time. Little did they know that would be the first of an uncountable number of trips we would take. It will deepen your appreciation for what happens in the theme park business. Another possible consideration is a new theme park would be built along or nearby a major road for access into and out of the theme park. The first problem that comes with any theme park expansion is you need to have the available land to do it.