Same with parking structures at airports... the last thing I want to deal with is having my car broken into or scratched and dented just because I wanted to leave my car there for $7 a night. That's an easy way to ruin a wonderful vacation!
Tourist Areas like Florida are hurting so much with the way the American Economy is right now, it's sad. Sure, there must have been too much being built to accommodate the demand when things were good, but there's always a limit to how much can be built.
Over-simplifying the whole thing... Law of Supply and Demand.
When I first visited Orlando I was out in a hotel on the 192. I learnt the next time I came that I-Drive was a much better location. There are actually buses (I-Ride, route 8 etc) that can take you to SeaWorld, Wet'N'Wild, outlets etc/ There are also plenty of bars within staggering distance. Something teh 192 lacks.
Staying on I-Drive really eliminates the need for a car if your hotel has park transportation. Shopping, Drinking, even swimming, is just an I-Ride away.
With the Flea Market just north of Kirkman, there is also the elimination of travel to the 192 for those large flea markets that used to be a big draw (Never saw any Fleas for sale!!!!!????!!!!)
Also, the 192 went through a long period of road enhancements (Ha ha ha) that people were put off and started looking at different location, and I-Drive looked good.
Thats not to say I-Drive isn't struggling though.Plenty of hotels have had ownership changes, name changes, knock downs, re-builds. One big resort was bought, repairs started to sell of some units as Condos, then they suddenly closed "For renovation" and just haven't re-opened.. It was a bed bug infested "@@@@"hole though (I stayed there, 3 rooms, lots of bites and damp)
BUT..... The Hilton family are doing pretty well. THey just aquired one hotel (Which has had a couple of owners in 3 years already) and are building the large hotel next to the convention center!
There are a lot of older units on I-Drive that need some TNT stuck in them, just because of years of neglect. Travelodge and the Days Inn on Sandlake and Universal!!
There will come a point though, where prices will be discounted so much, that the higher end hotel's profit margin will be compromised. The question will be this, how low are these corporations with a constant eye on the bottom line willing to go? Are they willing to lose a little money for a while to keep people in the rooms until the economy picks back up? Is Disney prepared to sacrifice a little of that guest experience at the hotels in order to keep them full? All of those hotel shows, restaurants, eye candy, and hotel services cost a lot of money. Can they keep all of those things going while pretty much giving away rooms?
In the end it comes down to this. It doesn't matter how cheap the good rooms are if people don't have the money to go to Orlando. There's a reason why retail, car, and home sales are down despite absolutely massive discounts across the board. Many people simply don't have the money to spend, or are watching what they have because they know what could be coming.
I think that the travel industry as a whole..especially those towns who rely heavily on tourism... should be prepared for a season or two of Darwinian proportion. That is to say, survival of the fittest. Markets will rebound and people will someday spend freely on vacation once again. The road back to that day will be long and hard, and it will get worse before it gets better. The question for those in the tourism business is this. Who wants to survive the most?