Most of the information presented was planned out well in advance but they usually take questions from investment analysts, maybe new CDC announcement and its effect on WDW comes up.
I would listen but I have to leave soon to go to DD16 Spring Choral Performance.
Chapek saying theyâve already started the process of expanding park capacity. âI think youâll see an immediate increase in the number of folks that we are able to admit into our parks through our reservation systems that were recently implemented.â
WDW parks demand is growing and even with what they saw in FY 2019. There wonât be a problem filling the parks when capacity is increased. Per person spending per park visitor is higher than before, partly because of the automation that is now in place. About 80% of CMâs theyâve asked to return have returned. Theyâve had not problems getting CMs to come back.
Chapek also spoke very positively of the CDC news today, mentioning how the parks should be much more pleasant this summer so I think the requirements will be going away sooner rather than later.
(Hopefully the plexiglass on rides and queues, too)
Chapek also seemed really excited about the new âLoyalty Programâ thing that will at least be replacing the APs in DL. Not sure how itâs really going to be that different from what they previously offered but itâs supposed to advance the guest experience and make Disney more money soâŚ
Disneyâs CEO disclosed attendance is going up at Walt Disney World. The parksâ policy could be going away soon, he hinted although he didnât say when. Read the Latest
Immediate at least does not mean within 2 hours of the announcement. (I hope it stays this way - I donât want more visitors flooding the parks when Iâm there end of next week.)
I am very leery about anything Chapek puts forth that makes him âexcitedâ when it comes to anything resembling Annual Passes. He has already said AP holders arenât as valuable as one-off ticket holders when referring to WDW guests and we know he was happy to nix the current AP program over in DLR.
Oh, it definitely remains to be seen how happy (or not) guests will be with the new program. I was an AP holder at DL. In 2019. I decided not to renew for 2020 both because of the price and because of my WDW vacation that was scheduled for May 2020. Iâm curious to see what they offer but expect it will be more for any like what I had before.
If bookings are at 2019 levels, I am hoping for a stream of announcements on resorts, entertainment and restaurants. I hope they have enough CMs for a full opening.