Florida theme parks resilient to economic downturns

Posted | Contributed by Jeff

Florida's major theme parks see growth ahead, despite continued dismal economic news about the U.S. housing market and the decline of the dollar. Or, as Bob Iger, president and chief executive of The Walt Disney Co., recently put it at an investment conference in New York: "There is something still almost sacred about a family vacation. Some people will keep the family vacation and not replace a faulty refrigerator, and that's an interesting phenomena that runs through all of the economic unrest that I guess we're seeing.

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The decline of the dollar for WDW is great news. UK visitors are falling all over themselves to spend cheap dollars in Florida rather than expensive euros in Paris.

No, they'll still take the Disney World vacation AND get a new refrigerator, and a lot of other stuff they can't afford, and put it all on the Visa and spend the next 50 years paying for it a hundred times. That's the America I know.

Has anyone been to Cypress Gardens. I can tell you that it is getting ready to make big changes for the better. You guys should get the word out. I is an economical choice for everyone and the concerts are in the process of getting beeffed up. I really think that Kent and LandSouth are on the right track. Its got great potential and I think they are going to capture it. Obviously, it wont happen overnight but they are coming. Next time you get a chance check it out and let us know what you think.

Now, I'm not really sure but that last post sounds like it might be made by a park official trying to drum up intrest in thier struggling park... I dunno what gives me that impression... *rolleyes*

Just a tip CG, people who read this website already know about your park.*** This post was edited by CoasterCameron 10/11/2007 8:12:05 PM ***

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