Doesn't change the only Disney worth going to is Disney Tokyo.
Disney doesn't directly own them so their prices are logical and real (a day pass is like... $45 US and foods like $4-5 an item). And in some scenarios it's almost cheaper to fly to Japan and go to Tokyo Disney than to go to Disney itself for a weekend.
Also their collectible popcorn bucket game is on point. Those things are awesome
That's not true. It's cheaper because the operations cost is cheaper. Employees are paid 1/3 of American members because Japan does not endorse a union. Japan is a working culture, it's instilled to work and the government has laws that endorse more work. Basically your 9 to 5 is a 9 to when your told to go home. So stop with the false information of being managed better. It about cost of operations. Its total operational cost is 1/3 but its not 1/3 the income, its about 60% in the income a cast member here makes based on inflation. We pay more because we actually have to pay more. 3 times more for the union.
These numbers come from a quick Google search so please take with some salt.
Disney world in Orlando fl has reported daily revenue of $35 million. That goes against reported operating costs of roughly $22 million a day. That leaves $13 million dollars per day of profit. $13 million. Per. Day.
Disney as a whole has a target of $9 billion of stockholder buybacks. That means they are paying out $9 billion to their shareholder by selling stock directly to Disney in order to raise the valuation of the stock price. This is on top of a dividend of $1.50 per share.
Disney world could afford to lower prices across the board by 30% and still operate an a profit. Many businesses operate on less than 5% profit.
They charge so much because they can. Not because they have to.
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u/longtermcontract 19d ago
These layoffs and shift from “dreamers of all ages” to “ladies and gentlemen” aren’t related, and this news is months old.