Published: March 30, 2009 at 10:58 AMThe only problem is the park should have recouped there costs in all 7 cases they won. Which shows that if someone is going to file a suit, either they or there law firm should be required to post bond covering the other sides courts costs, and if there case is that strong they should have no problem doing so as the ambulace chasing trial lawyers have very deep pockets!!!
Published: March 30, 2009 at 11:01 AMGood info on the first. Most threatened lawsuits are the empty words of a blowhard that get knocked down by courts quickly.
For the second, how much faith can we put in anything Goldman Sachs predicts? I don't doubt that WDW is going to see some bad attendance numbers this year, but I doubt that will be the case for DLR. Empirical evidence has pointed to a packed park so far this year, and I don't think that will change anytime soon.
Published: March 30, 2009 at 12:24 PMWe are in a recession and the Parks are still packed. I don't see a 10% drop in attendance anytime soon.
Published: March 30, 2009 at 12:30 PMRead some of the complaints at the parks. It is actually quite interesting. Also, of the 477 reports, some are very minor and frivilous. I looked at EPCOT and Magic Kingdom and most were somebody slipping here, somebody slipping there, but my favorite was the man who sued the Magic Kingdom because he was "humiliated" and then fainted when a cast member challenged his fastpass. It was thrown out, but interesting stuff!
Published: March 30, 2009 at 12:33 PMMy favorite is the guy who sued because he was humiliated and fainted because a cast member challenged whether he had a fast pass.
Most of the 477 seem extremly minor and actually out of Disney's hands with trips, slips, etc. If that were the case, I might have some cases :)
Published: March 30, 2009 at 3:23 PM10% decline? I don't think so. These guys are just doomsday predictors. I'm not stupid. I can see the economy for what it is but 10%? Maybe 3% or 5%. I might even believe 6% but 10%? Where's the data to back that? What analysis did they do to come to that conclusion? What trends are they seeing to lead to such a prediction? These guys should go into the news casting business. *sigh*
Published: March 30, 2009 at 5:41 PMLike I stated in a post for a different topic, it's times like these that I wish lawsuits were non-existent. Suing a company because you dodged a stream of water and slipped? COME ON. Don't be such a damn baby.
Some of them are somewhat legitimate, like the incidents on rides, but most are just sheer idiocy.
Published: March 31, 2009 at 3:27 AMNews today indicates that while tourism is down we (Orlando) is still on pace to welcome 45 million visitors this year and that we are still the #1 vacation destination. And as rough as it is (and as it is going to get) we are still a heckuva lot better off than Vegas.
Sidenote: Kudos to the Disney and Universal for potting the downward trend more than a year ago and reacting with discounts and aggressive promotions.
We will make it through.