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Old 04-16-2008, 06:41 AM
13 posts, read 51,910 times
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Places like Orlando, where much of the economy is based on cheap gasoline, disposable income and low Airfares, I suspect is really going to suffer as the economy continues its free fall and inflation rages. Has anyone seen a down turn in the Theme Park and entertainment economy.. since the first of the year?
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Old 04-16-2008, 08:01 AM
Location: Orlando, FL
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They just had an article in Orlando Sentinel about record breaking high attendance. When I went to Magic kingdom about 2 weekends ago, it was really busy with many rides having 60 to 90 minutes rides in the afternoon. The long term results may vary though as some of these guests may have bought and planned their trips well ahead of the rising prices.
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Old 04-16-2008, 02:45 PM
Location: America
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Many people probably visit from overseas as well.
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Old 04-16-2008, 05:14 PM
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The pain hasn't sank in yet for alot of people. There are some jobs such as construction and lawn care that are suffering alot, though. Home Depot, furniture stores, etc. are all in trouble.

My guess is alot of people are hurting but they haven't maxed out their credit cards yet- when they do then you'll start seeing alot of problems. What's really hurting the Orlando area is inflation, everything is expensive.
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Old 04-16-2008, 11:25 PM
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Theme parks will be as full as ever.Have you thought about how a Orlando vacation to Europeans,Asians etc.. is like a budget vacation with the way the dollar is right now.I go to the parks pretty often and foreigners are everywhere.I went to eat breakfast at a Ponderosa on I-Drive the other day and the place was totally full,probably 85% foreigners,mostly British.Go to the outlets,I've heard they buy suitcases here and fill them up with what they buy,So in the tourist areas business is still strong due to the weak dollar.Visitors from the US will obviously drop somewhat,so attendance will level off after the highs they've had lately.

Last edited by doom1001; 04-17-2008 at 12:25 AM..
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Old 04-17-2008, 12:05 AM
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I lived in Orlando in the early '80s, during the last deep recession. Orlando will suffer. Trust me.

Back in those days, the streets were filled with people holding signs "Will work for food." I can't imagine it's going to change a whole lot. Orlando doesn't have enough industries for it to weather a major recession.
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