Mad Dog
V.I.P. Member
I think WDW will do well in their first quarter (which for them is Oct. - Dec.). That's trending to be their new busiest time of the year. But they've seemed soft again this past week or so, so this quarter (their fourth) could be dicey. And, a lot of school systems start really early this year. We won't know those results until November. The report coming out real soon (their third quarter) April-June) should be interesting.......January through March 2017 will be a good indicator of what direction they are going in. Avatar, opening summer or fall next year, should help their attendance a bit, but I don't see it being a huge generator like Potter, Star wars or Carsland.The non Florida Sea World parks are doing OK. My estimate for the Florida ones is down 10-15%. Sea World has said Brazilians make up 10% of their attendance, so a 40% drop in them would mean a 4% drop in overall attendance. Most of the rest of the drop is Florida specific.
Six Flags did well last quarter, so it looks like the attendance decline is mainly in Florida. Insiders say UO was down early summer but has rebounded. Sea World was up 4% in July. This just leaves WDW.
Disneyland divorced WDW in large part to avoid their problems. WDW was already down 2% the previous quarter. Big question now is whether they have hit bottom and are coming back up or if this is part of a longer decline. With UO growing larger and better I can easily see the latter being true.
Of course, WDW could be a big opening or two away from growing again, but I doubt it. One big tell will be if WDW starts to sacrifice profits for attendance. Quarterly conference call is August 9th.