Florida theme parks resilient to economic downturns

Posted Tuesday, October 9, 2007 9:58 AM | 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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