Is Disney World Opening Too Soon or Too Late?
Walt Disney (NYSE: DIS) waited to be the final theme park operator in Central Florida to present its reopening plan to the country's economic recovery task force on Wednesday, and it's only fair that it will become the final of the area's gated attractions to get back to business. Disney World is proposing a phased reopening of its attractions beginning on July 11, at least a full month later than the rest of its area peers.
Disney may be losing more money than any of its smaller rivals during the shutdown, but it also has the most to lose if it opens too early. With all of the other major theme park operators set to open in the first half of June, the House of Mouse will be able to monitor how the situation plays out and adjust its own opening strategy accordingly. Disney is going to let the little guys suffer through the learning curve as it becomes the only player in the area waiting until the summer season itself to reopen.
Image source: Disney.
Source Fool.com
