So, I may have some interesting news for you guys. According to the analyst John Hodulik, he believes that the Disney Theme Parks might not be open until January 1st, 2021, which is what I predicted. John Hodulik, said that the company’s theme parks might be feeling the pressure for a new normal at the parks. Per Hodulik, the economic recession plus the need for social distancing, new health precautions, the lack of travel and crowd aversion are likely to make the parks less profitable until there is a widely available vaccine to the COVID-19 virus. He also said that the parks may regain their operating cadence in about 18 months, coinciding with the earliest expectations for a widely available vaccine for COVID-19. The last thing he said is that concerns over the parks reopening has led to a 3% drop off in the stock prices.
In the meantime, Disney is currently allowing some bookings for as early as June 1. Third-party websites like Trip Advisor suggest the park might not allow reservations until July 30, according to Inside the Magic, a Disney news and rumors website. I also found out that some Disney movies are coming to Disney+ this year. Here is the list of them:
Stay tuned for more Disney updates.
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