Park Journey
Menu

A closer look at Disney's park spending numbers

10/21/2014

0 Comments

 
Picture
Yesterday our friends over at Screamscape ran an article from Fool.com about how much Disney was actually spending inside it's parks since 2011. 
While the numbers are "technically" correct, what they were actually spent on has been lumped together with numbers from the motion picture and consumer products divisions to make certain things (MyMagic+) seem like it was a higher cost than it was. 

Luckily Chris is a spreadsheet master and put together some numbers to show exactly what was spent and where it was spent. We'll take a look at the Fool.com numbers and show you what was ACTUALLY spent and where. 

The author of the article took the number for ALL capital expenditures for all parts of Disney including movie production and consumer products.. He used the bottom number on the spreadsheet below instead of using the number next to domestic Parks and Resorts. 

As you'll see, the TOTAL for all Parks and Resort expenditures since 2011 is $6.7 Billion not the $14 Billion that is mentioned in the article. 

Picture
Walt Disney World Numbers: 

The article states that $3.8 Billion was spent on New Fantasyland in Florida and an additional $2.8 Billion was spent ONLY on MyMagic+. 
Picture
The numbers break down more like this: 

  • Art of Animation Hotel = $105 Million
  • Grand Floridian Villas = $95 Million
  • Test Track = $50 Million
  • New Fantasyland = $550 Million
  • Disney Springs (Initial Construction) = $200 Million
  • Princess Hall Meet and Greet = $15 Million
  • Lion King Relocation = $10 Million
  • Star Tours 2.0 = $25 Million (Split with Disneyland for a total cost of $50 Million)

  • My Magic+ = 1.5 Billion


So yes, a LOT of $$ was spent on MM+. More than DCA 2.0 and CarsLand combined. And it's an obscene amount of money. But it's still about $1.3 Billion off from what the article states. 
Disneyland Numbers: 

Moving over to the West Coast and the numbers for DCA 2.0 and CarsLand area actually LESS than MyMagic+. Could you imagine what DCA would look like if the numbers were actually $3.8 Billion? 
Picture
  • California Adventure 2.0 and CarsLand - $1.3 Billion
  • Star Tours 2.0 = $25 Million (Split with Walt Disney World for a total cost of $50 Million)
Additional Parks and Resorts Numbers: 

And lastly, not even mentioned in the article was spending for the Disney Cruise line and Aulani. 
Picture
Picture
  • Disney Dream = $900 Million
  • Disney Fantasy = $950 Million
  • Disney's Aulani = $264 Million (Total cost of $800 Million assuming 33% in 2011)


So at the end of the day, Disney is still spending a LOT of $$ in their parks and resorts. MM+ cost a LOT of money, so there is some truth to all those articles you've been reading over the last few years. 

But this just is another example of shoddy journalism to try and prove a point. In this case, you don't really need to fudge the numbers, the proof is already there. 

What are your thoughts? 


If you enjoyed this update please share with your friends and make sure you "like" us on Facebook and "follow" us on Twitter and Instagram. 

If you have any comments, please share them below. 
0 Comments

A peek at the Seven Dwarfs Mine Train at Magic Kingdom

4/26/2014

0 Comments

 
Picture
Today we have a special treat as we take a look at the almost completed Seven Dwarfs Mine Train at Walt Disney World's Magic Kingdom. 

We are hearing reports that Cast Member training has begun but unfortunately no word on when any soft openings may occur. 

The pictures below illustrate why it's taken so long for this attraction to be completed. The attention to detail is simply amazing and this is only what we can see so far. 
Picture
Picture
It really does look like something out of the classic movie. 
Picture
Picture
Picture
This picture illustrates what makes Disney, well, Disney. 
Picture
Picture
The lift hill. Looks like one of the Disney photographers was getting some shots. It was a beautiful day for it. 
Picture
Picture
Picture
Thanks to Chris for taking these pictures while he's on his family vacation. We'll hopefully have some more WDW pictures for you soon but first and foremost Chris will be enjoying his much deserved family vacation. 


If you enjoyed this update please share with your friends and make sure you "like" us on Facebook and "follow" us on Twitter. 

If you have any comments, please share them below. 
0 Comments

    Categories

    All
    2016 Attractions
    2017 Attractions
    2018 Attractions
    2019 Attractions
    2020 Attractions
    2021 Attractions
    Avatar
    Avengers
    Avengers Campus
    Avengers Half Marathon
    Candlelight Processional
    Disney California Adventure
    Disney Hollywood Studios
    Disney Interactive
    Disneyland
    Disneyland 60th
    Disneyland Half Marathon
    Disneyland Paris
    Disney Parks
    Disney's Animal Kingdom
    Disney's Blizzard Beach
    Disney's Hollywood Studios
    Disney Springs
    Downtown Disney
    DVC
    EPCOT
    Festival Of The Lion King
    Flower And Garden Festival
    Food And Wine Festival
    Frozen
    Frozen Ever After
    Frozen Village
    Future World
    Galaxy's Edge
    Guardians Of The Galaxy Mission Breakout
    Guardians Of The Galaxy - Mission Breakout
    HalloweenTime
    Holidays Around The World
    Hong Kong Disneyland
    International Festival Of The Arts
    Iron Man Experience
    Lunar New Year
    Magic Kingdom
    Mickey's Not So Scary Halloween Party
    Mickey's Very Merry Christmas Party
    New Fantasyland
    Pandora
    Phantom Manor
    Pixar Pier
    Pixar Place
    Princess Half Marathon
    Rise Of The Resistance
    Rivers Of America
    Rivers Of Light
    RunDisney
    Seven Dwarfs Mine Train
    Shanghai Disneyland
    Star Wars
    Star Wars Galaxy's Edge
    Star Wars Half Marathon
    Star Wars Land
    Star Wars Launch Bay
    Star Wars Weekends
    Tokyo Disneyland
    Tokyo DisneySea
    Toy Story Land
    Walt Disney Studios Paris
    Walt Disney World
    WDW 50th
    World Of Pandora
    World Showcase

    Archives

    February 2021
    January 2021
    December 2020
    November 2020
    July 2020
    May 2020
    March 2020
    February 2020
    January 2020
    December 2019
    September 2019
    August 2019
    June 2019
    May 2019
    January 2019
    November 2018
    September 2018
    July 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014

    RSS Feed

  • Home
  • Six Flags
  • Cedar Fair
  • Universal Studios
  • Disney Parks
  • SeaWorld Parks
  • Other Parks
  • Beyond The Parks
  • The Other Side of the Tracks
  • Industry News
  • Cruise Journey
  • Park Journey Shop
  • Theme Park Art
  • Past Updates
    • 2019 Updates
    • 2018 Updates
    • 2017 Updates
    • 2016 Updates
    • 2015 Updates
    • 2013 and 2014 Updates
  • Contact Us
  • Home
  • Six Flags
  • Cedar Fair
  • Universal Studios
  • Disney Parks
  • SeaWorld Parks
  • Other Parks
  • Beyond The Parks
  • The Other Side of the Tracks
  • Industry News
  • Cruise Journey
  • Park Journey Shop
  • Theme Park Art
  • Past Updates
    • 2019 Updates
    • 2018 Updates
    • 2017 Updates
    • 2016 Updates
    • 2015 Updates
    • 2013 and 2014 Updates
  • Contact Us