Can anyone say naive optimism?...Wonder if they've used this time to fix the hot water supplies to the toilets....!
Come on Rob, now you’re the one making outlandish claims. I expected better of you...Wonder if they've used this time to fix the hot water supplies to the toilets....!
I know that I can only estimate Towers’ 2019 guest figures (speaking of which, the TEA report should be out soon!), but I know for a fact that Shanghai Disneyland sold out on a number of days after it reopened (I think it may still be selling out now).Matt, I know it's customary to acknowledge and pay heed to your trademark optimism, but at this stage, you're pulling figures out of thin air (to be polite).
Not sure if this has been posed yet, but Merlin have released a document about the reopening measures.
https://www.merlinentertainments.bi...BltInFxy0XWxSPGSyD0yzFXtaCcGqyTpbO6wbmEb_0iZY
Having read the document I get the impression is it aimed at Merlin's US market. Specifically the reference to "local laws and works councils" in the bit about temperature checking. Also the reference to "elevators" which is more an American term for what us Brits call lifts.
Won't be going back to any theme parks til the social distancing rules are removed. Just not going to be worth it.
But the costs also go up in terms of maintenance, staffing and supplies....Even if the park doesn’t make a profit when it reopens (although I feel it could), it might still be essential in order to reduce their losses, as I’d imagine that any income they receive would offset the costs that pile up while the park is shut and thus mean that they lose less money, whereas a closed theme park would have no income while still having overhead costs to pay.
But the costs also go up in terms of maintenance, staffing and supplies....
I wouldn't be surprised if we don't see the entire portfolio open but just enough to keep merlin afloat.
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I know that I can only estimate Towers’ 2019 guest figures (speaking of which, the TEA report should be out soon!), but I know for a fact that Shanghai Disneyland sold out on a number of days after it reopened (I think it may still be selling out now).
One thing that is confusing me about this will they/won’t they make a profit discussion. Merlin (or any other business for that matter) aren’t going to trade if they don’t think it will be financially worthwhile.
They will have calculated this.
So that mere fact they are planing to open suggests they expect to be able to at least break even. Otherwise what’s the point.
One thing that is confusing me about this will they/won’t they make a profit discussion. Merlin (or any other business for that matter) aren’t going to trade if they don’t think it will be financially worthwhile.
They will have calculated this.
So that mere fact they are planing to open suggests they expect to be able to at least break even. Otherwise what’s the point.