Disney World and Disneyland Are Brilliant for Opening in July
Walt Disney (NYSE: DIS) is now the only theme park operator that has yet to open its gated attractions, and it will be another four weeks before that happens. Half of Disney World's theme parks will begin entertaining guests again on July 11, followed by the other half four days later. Disneyland is proposing to reopen its two theme parks on July 17.
Some have wondered why Disney is waiting so long since the mid-March closure of its iconic attractions to get rolling again, especially after its rivals -- in Central Florida, at least -- opened as quickly as possible after receiving clearance at the state and local level to get back to business earlier this month. Disney knows what it's doing. Let's go over some of the reasons showing up seemingly unfashionably late to the industry's relaunch party could be a smart call.
Image source: Disney.
Source Fool.com
