With the Disney Parks closed indefinitely, we’re hungry for any word on when we will be able to get back to our laughing place.
According to some analyst reports, we’ve heard June or maybe even two years as the time-frame when we can get back to Mickey Pretzels and Flight of Passage. Now we have another prediction on when the parks might reopen.
According to Forbes, analysts from USB and Credit Suisse believe that it could take 18 to 24 months for park attendance levels to return to normal, noting that “crowds are unlikely to return in full until there is a vaccine widely available.”
Additionally, UBS expects that earnings from Disney’s theme park segment will drop 92% from last year’s $6.8 billion, with the possibility that “2021 could be even worse for the parks.”
Additionally, Forbes spoke with theme park industry expert Dennis Spiegel, who gave predictions on how parks could operate going forward. His possible suggestions included “disinfecting rides much more frequently and could even alter the way guests are moved through the park to create more space.” Spiegel believes that if these practices do take place across the industry, that Disney would be one of the first to do so. Spiegel said, “[Disney] set the bar. They will get it, and they will get it right.”
Currently, Disney has not set a firm reopening date, though former CEO Bob Iger has spoken on possible precautions that could be taken upon their reopening such as temperature screenings.
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Do you think the Disney Parks will reopen by the end of 2020? Let us know down in the comments!