Disney World Needs a New Theme Park
It's pretty crowded at Disney's (NYSE: DIS) most popular resort these days. February used to be the sleepy season at Florida's Disney World, but that is certainly not the case anymore. Festivals, long-distance running events, and even cheerleading competitions in recent weeks have helped spice up the off-season at the Florida resort. The turnstile taps are also accelerating as a result of the buoyant economy, and -- to be frank -- after years of phoning it in, we're at the point where Disney is introducing bar-raising rides and attractions again.
With Disney World's largest rival in the process of dramatically expanding its empire, it only makes sense for the world's leading theme park operator to do the one thing that it hasn't done in more than two decades. Disney needs to open a new theme park in Florida, and it's no longer a matter of if but when the media giant breaks out the hardhats and shovels.
Image source: Disney.
Source Fool.com