Disney closing ESPN Zones nationwide

[FRPLG]

Originally Posted by mredskins

As a former Marriott and Disney employee managing their revenue in the hotel/restaurant sector of their businesses I will have to say Disney has no business being in the restaurant or hotel industry. Disney should simply stick to the entertainment side of their business model. Now that the economy is stinking up or has been Disney just can't compete in the hotel/restaurant industry.

I predict Disney vacation clubs to be the next to sink.

I admittedly have no idea how Disney operates as a company but they run the biggest resort in the world don't they? And make tons on it? Is that sector of their business just totally separate??? because they seem to have that stuff set up pretty well. I guess it is a different thing all together.

[mredskins]

Originally Posted by FRPLG

I admittedly have no idea how Disney operates as a company but they run the biggest resort in the world don't they? And make tons on it? Is that sector of their business just totally separate??? because they seem to have that stuff set up pretty well. I guess it is a different thing all together.

I consider the park itself a different entity then the hotels/restaurants. The properties at the parks do well it is when you start pulling away from the park that they struggle. They started in the entertainment business and then theme parks which obviously is their strong suit so much so that they are able to dabble in lots of other ventures. Basically retail,hotels, restaurants, cruise ships, etc... are all secondary sources of income for them but they all help drive the Disney name so if they fall behind it is not such a black eye for Disney becasue the revenue from entertainment/theme parks can cover up a lot of those sins but now that the economy is tanking hard for them to cover up.