2/21/2023 0 Comments Spades plus fan page![]() So we’re feeling very good from a demand standpoint. Certainly, people wanted to get out of their homes and come visit, but there’s a lot in the pipeline, from an experience perspective, that are keeping people coming. We continue to invest very aggressively in the business, and did through the pandemic. We’ve got a lot of great stuff happening around the theme parks, and a new cruise line, a lot of celebrations taking place. ![]() As we reported in our last Q3 earnings report, it continues to be strong. I know a lot of us in the industry are fortunate in that demand has been very, very strong for this year. So we feel very comfortable with where we are right now from a demand perspective, and we feel good about our ability to navigate much more effectively than we have in the past.īorko: Are you seeing any slowdown of pent up demand, or people are still really want to get to Disneyland?ĭ’Amaro: Yeah. I think that has given us a lot more levers, so to speak, or a dashboard that can help us be much more flexible in an environment where the economy maybe isn’t cooperating as it had before. One of the things, coming out of the pandemic, is we did restructure how we think about our business from a commercial perspective, from a guest experience perspective, et cetera. We continue to see really strong demand in the theme parks. Anybody following our earnings calls can see that. We have been doing exceptionally well, as you reported. Are theme parks recession-proof? Are you still seeing a lot of demand?ĭ’Amaro: I don’t think there’s anybody in this room that would suggest that their businesses are completely recession-proof. I think it’s not a secret to anyone who’s paying attention that it’s been a huge cashflow profit center for Disney recently. Well, so you have a lot of insight into the Disney business of theme parks. Get that one down as quickly as you possibly can.īorko: All right. But do I love it? I love every minute of it. Are there some hard days, like everybody in the industry? Of course. Now, I have this job as the chairman of Disney Parks, Experiences and Products. I got to be the president of Walt Disney World. I got a chance to run Adventures by Disney, which is our family tour and travel business. I ran marketing for Hong Kong Disneyland. I had a chance, with the company, to move around the world, to be in different divisions. I was interested in everything and everyone around me. So that first week, I knew I was going to be there. I couldn’t believe the amount of attention and care that went into every single detail in terms of making that guest experience so special. The moment that I came into the Disneyland resort, I can remember distinctly sitting in a room with a bunch of leaders talking about trash cans on Main Street and talking about a parade on Main Street. ![]() I’m on my 25th year right now.īorko:I think we have a picture, by the way.ĭ’Amaro: Yeah, I’m sure. I’ve been with a company for just less than 25 years. How do you get that job? How do I work or run a Disney park?ĭ’Amaro: How do you get that job? Well, send me your resume afterwards and we’ll take a look at that. Skift, we need to ask the hard hidden questions, what everyone in the room wants to know. So there’s a lot going on inside of the business.īorko: Yeah. We’re the biggest licenser in the world from a products perspective, the biggest children’s publisher in the world, et cetera, et cetera. We’ve got now five cruise ships, a couple more on their way. We have six resort destinations around the world. We’ve got about 170,000 cast members in the organization. ![]() Maybe tell us about what you are in charge of here.ĭ’Amaro: Well, first of all, it’s very cool.ĭ’Amaro: That’s Parks, Experiences and Products. I don’t know if people here really know just how big a job you really have. Josh D’Amaro: These are actually pretty good.īorko: Yeah, they’re better than they could seem.īorko: Well, thanks so much for joining us, Josh. ![]()
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