Airlines And Hotels Struggle As Disney Shakes Up Structure

Key Takeaways:

  • Airlines next on runway in earnings season, with United Thursday
  • Most hopes for industry improvement rest on vaccine or treatment
  • Disney grabs spotlight with recent layoffs, reorganization

Been on a plane lately?

If, like many of us, the answer is no, you’re probably part of the reason the airline and travel industry’s Q3 earnings prospects remain grounded.

Actually, “grounded” isn’t the best word for the results analysts expect from airlines. An expression that comes to mind, unfortunately, is “nose dive.”

Airline earnings are expected to plunge an incredible 313% year-over-year in Q3, according to research firm FactSet. That’s about the worst earnings projection for any industry sub-sector, dwarfing even projected losses in the lackluster Energy complex.

Travel isn’t all about the airlines, of course. Digging deeper into sub-sector performance, analysts see the Hotels, Restaurants, and Leisure sub-sector falling off a cliff, with earnings down 132% from a year ago.

All this is bad news for many non-airline travel companies—including Hilton (HLT), Marriott (MAR) and other big hotel chains, but one stands out. Walt Disney (DIS) recently announced it would lay off 28,000, many from its theme parks, as COVID troubles persist. Earlier this week, the house built by the mouse was back in the news, announcing a reorganization expected to give more priority to its streaming division.

While not every vacation is to the Magic Kingdom, problems for DIS often set the tone for the entire travel industry. Think of all those family holiday vacations people typically take—theme parks, waterparks, packed beaches, and cruises—that got canceled this year.

And that’s just the leisure side of travel. All the business meetings on Zoom (ZM) also could spell trouble for airlines and hotels.

How Can Airlines Gain Altitude?

There are some early indications things might improve later this year and next for some of the airline and cruise companies. At this point, though, Q3’s in the spotlight. and the raw numbers don’t look pretty. The number of passengers passing through Transportation Security Administration (TSA) checkpoints at the end of Q3 was about 30% the rate of a year earlier on a bad day, and 35% on a “good” day.

Whether that can tick higher depends not only on the course of COVID-19, but also on Washington. Both United Airlines (UAL) and American Airlines (AAL) have said they’d move forward with furloughs affecting a combined 32,000 employees. That could change if the White House and Congress act on an aid package for the industry, something that remains up in the air (pun intended) as this week moves along.

Airline earnings began their takeoff run Tuesday with Delta (DAL), and if DAL’s results—a worse-than-expected loss of $3.30 per share on revenue of $3.06 billion (versus year-ago revenue of $12.56 billion)—are reflective of the rest of the industry, there could be a lot more grief ahead (see chart below).

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Florida Man, Worried About BLM Protests, Brings AR-15 and Handgun to Disney Vacation

A Florida man reportedly brought multiple guns to a family vacation at Disney World over fears about nearby Black Lives Matter protesters.

An unnamed 43-year-old man from Palm Beach Gardens, Florida brought an AR-15 assault rifle and a handgun, along with a large amount of ammunition, during a family trip on Labor Day weekend due to fears that his family could be in danger from protesters, according to a report from the Orlando Sentinel.

The paper reports that the man brought the carried the guns in a tennis bag while checking into the Polynesian Village Resort on September 5, citing a police report. The man was said to have a concealed weapons permit and was not arrested since no laws were broken. Regardless, Disney security confiscated his weapons and held them during his stay due to their policy prohibiting weapons.

“Our policy is clear that weapons of any kind are not allowed at our resort regardless of whether someone has a permit,” a Disney spokesperson said in a statement obtained by Newsweek.

The Orange County Sheriff’s Office was alerted to the incident after a bellman carrying the man’s unusually heavy bag noticed the guns inside, which prompted his manager to contact police.

Disney World
Disney World reopened in July, about four months after the Florida resort had been closed over public health concerns caused by the COVID-19 pandemic.
Gregg Newton/AFP/Getty

The police report states that when questioned by officers about the weapons, the man said that “he brought the rifle with him for their safety because of the riots and civil unrest going on down south and in the Central Florida area,” according to the paper.

Like many areas throughout the country, protests against racial injustice and police brutality have been ongoing in the Orlando area, where Disney World is located. However, no related protests have been reported at the resort itself, nor have resort guests been targeted for any sort of physical attacks by protesters.

Another incident involving weapons occurred in July, when a Georgia woman who did not have a concealed weapons permit was arrested after Disney World security alerted police upon finding two guns and a small amount of marijuana hidden in a diaper bag as she attempted to enter the resort’s Epcot theme park.

Her arrest happened days after Disney World reopened following four months of closure due to the COVID-19 pandemic. Although the resort opened its doors as cases of the virus were surging in Florida, preventative measures including reducing capacity to 25 percent may have resulted in it not being tied to any major outbreaks.

On Monday, California Governor Gavin Newsom said he was sending a team to Florida to discuss preventative measures with an eye towards eventually reopening California theme parks. Disneyland has remained closed since the start of the pandemic due to public health concerns.

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Lender for Disney Vacation Club Resales secures $25 Million

In response to the pandemic, Vacation Club Loans lowered down payment requirements and lowered interest rates to help consumers save cash both short term and long term. This was well received by buyers and helped many sellers move their vacation club points faster.

“Vacation Club Loans has been a shining star during a very difficult economic period,” said Colebrook Financial principal Bill Ryczek. “While many businesses are struggling to survive, it has prospered and has constituted a growing portion of our volume. We’re delighted to increase the company’s funding availability and play a role in their success.”

Over the past five years, Vacation Club Loans has seen a steady increase in contract pricing over this same period; the average loan balance has steadily increased by approximately 12% each year.

About Vacation Club Loans, LLC
Serving the United States and Canada to those who wish to purchase vacation ownership points. Its easy loan approval process and flexible payment plans for up to seven years have made it a pioneer lender in timeshare resales across all brands. For further information visit www.vacationclubloans.com

About Colebrook Financial Company
Colebrook Financial Company is a lender specializing in the timeshare/shared ownership industry, providing hypothecation and other financing products for small and mid-sized developers in the US, Mexico and the Caribbean. For further information call Bill Ryczek at 860-344-9396.

SOURCE Vacation Club Loans

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The Benefits of Vacation Homes for Disney and Other Theme Parks

Whether you’re traveling to Disneyland or Walt Disney World, you may be wondering about where you should stay. The choice of accommodations for these popular theme parks can include hotels, timeshares, vacations, and more. If you want to save money and see everything the parks offers in either location, vacation homes are a practical economical choice. Here are some of the best reasons why, and how you can experience the Disney magic in a whole new way for your family on a vacation home exchange.

Save significantly on your stay.

On the surface, a hotel price when you book it may look cheap, however, you soon have to add in fees, parking charges, and additional expenses. Food courts are available at all of the Disney hotels, however, these costs may be slightly higher than a trip to the local diner or store for breakfast foods. You can stay in a Disney vacation home for a flat price for a week or even longer.

Experience comforts of home.

If you want to relax on your vacation, a Disney vacation home lets you do so with all of the comforts of home. If you rent a home with a pool, you won’t have to share it with hundreds of other people, and you can enjoy the hot tubs and other amenities the same way. Don’t forget that vacation homes also come with equipped kitchens, linens, WiFi and other comforts of home that will make your vacation pleasant. You’ll be able to store your food and other items more easily than in a hotel, plus wash your clothes for free.

Stay comfortably even with a large group.

For groups of four people or more, a Disney vacation home is perfect, because most can sleep 6 to eight people, and have multiple beds. You’ll also see that you won’t feel as crammed as you would be if you stayed in a Disney hotel, as many don’t offer family suites. You’ll also not have long waits for the bathroom.

Be close to the magic in minutes

Disney touts its hotels as being minutes from the parks, but many vacation homes are also minutes from the Disney property. If you stay on a Disney property, you get free bus service, however, you have to wait for the bus to arrive, and then it may stop at other Disney hotels along the way for pickup and dropoff. This means you’re often waiting to go to the parks and may arrive an hour after you intended. With a vacation home near Disney property, you can just drive straight to the resort without waiting for others to board a bus. Vacation homes are also a good option if you want to visit The Wizarding World of Harry Potter, Legoland, or Universal Studios, because Disney doesn’t offer direct transportation to these attractions.

The best homes for vacations at a Disney theme park are minutes from the attractions’ gates. You’ll also find that staying at one of these properties is just …

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How to Go on a Walt Disney World Vacation on a Budget

The Walt Disney World park admission, hotels, and food costs can become very expensive very quickly! In an effort to entice families, there are now many Disney World vacation packages available, but upon closer inspection, these all inclusive Disney World packages aren’t always a great deal.

This is why I have sought out an expert to help identify how to take your family to Walt Disney World without bursting your vacation budget. Kelly Goode, author of “A Mom’s Miserly Guide: Orlando, Disney & Universal on $25 a Day!”, has generously offered to share some of her tips when planning a Walt Disney World family vacation.

Griffiths

Your guide to planning a family vacation in Orlando for $25 a day is such an intriguing concept! How did you come up with this idea and how long did it take you to write the book?

Goode

Having been a travel agent for over 15 years in Florida, and an avid Disney World fan, I sensed the need long ago for a comprehensive, realistic guide for families to save money when visiting Orlando and Disney World. I learned that people dream about and plan these vacations for years in advance, and it broke my heart to hear and see people struggle to afford their vacations when there were actually cheaper ways for them to enjoy their Disney Dream Vacation. The book took about a year to write, but it is an ongoing project due to the constant changes in Orlando and the theme parks.

Griffiths

When you say that you can go to Walt Disney World for $25 a day is that per person or is that based on a family of four, two adults and two children?

Goode

Families can visit Walt Disney World on $25 a day – and that is for real. The $25 is a per person rate and is based on real hotel choices, car rental choices, and discount tickets. I actually have a chart in my book that shows exactly how families can achieve this goal. All families may not, of course, only spend $25 a day because they may want different hotel choices, different theme park choices, or various restaurant choices that increase their vacation budget. My book, however, allows families to see how they can achieve this vacation on this basic budget and move up if they like.

Griffiths

How often is the eBook updated with information? I know that when I seriously consider buying such a guide, I worry that the information is dated.

Goode

As I mentioned, the book is an ongoing project because it must be constantly updated to give people the new information they need on hotels, attractions, and prices. I update it continually and I also have a blog which I update daily with updates that pertain to Disney, Universal, Sea World, Orlando, and saving money on their vacations.

Griffiths

What are the 5 top most expensive errors that families make when going on a Walt Disney vacation?

Goode

Well, …

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Florida Vacation ~ Discovery Island Photos At Walt Disney World

When Jennifer and Frank Massabki traveled to Mexico in May 2017, they had not too long ago gotten engaged and had been looking for potential locations to host their wedding later that yr. The reggae concert on the seashore in Negril had an excessive amount of speaking between songs for my liking, however the spirit of the people and bottles of Pink Stripe (the beer of Jamaica) kept me satisfied. Summer time charges start at $a hundred seventy five a night, or $905 per week.

Summer charges start at $159 per night. If you’re trying to calm down to start with of your vacation, after a hectic work life, then take the first few days simple. Whether or not you are alone or with household and pals it’s a must to go for a shopping particularly once you go to a seashore vacation outdoors your nation.

It’s inside steps of the Barefoot Beach club, where your children will eat free of charge if you happen to’re a visitor at Beachbreak, and kids and adults get a free breakfast on the resort. It’s on the seaside, and it has a particular play space for teenagers, proper by the pool, with soft hop-scotch tiles, fountains, and loads of enjoyable!

You will want to store round for the very best offers on airfare and lodges, limit your spending on consuming by doing most of it as pre-drinking at your hotel and focus on doing free actions like the seashore, window procuring within the Gaslamp and wandering by way of Balboa Park.

It is always summertime somewhere, and for many individuals meaning hitting up the native beach or visiting a seaside city whereas on vacation. Maintain in the future aside for taking a enjoyable boat experience and ferry journey around in the coastlines. Whereas inns on the strip could cost a bit extra, the comfort is worth it. Most resorts on the strip have all of the facilities, together with lots of dining options so you will not have to go far to have an amazing experience.

It’s a tremendous metropolis so even 3 days appear too short if you want to go to Vatican as effectively. Spring and summer time rates start at $a hundred and seventy per night time. Household Hotel is the best for travelling with the household. Many seashores provide nearby trails where you may hike to or from the water.…

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How To Actually SHOCK Your Children For Your Disney Cruise Line Vacation

When Jennifer and Frank Massabki traveled to Mexico in Might 2017, that they had lately gotten engaged and have been looking for potential areas to host their wedding later that 12 months. Galveston Island on the Texas coast affords 32 miles of Gulf Coast beach and delightful vacation accommodations, leisure, meals and procuring. Anna Maria Island is made from three towns – Anna Maria Metropolis (or just Anna Maria), Bradenton Seashore, and Holmes Seashore.

For the ones that do though, it’s a variety of fun to have a nice fireplace occurring a cool night time and just maintain a gathering the place family and friends come together to play music, have good dialog, dance, roast marshmallows, and simply have a great time.

To date I suppose, you’ve read some articles on the right way to have a good time a beach vacation when it’s raining, the most effective seashores you must go to before you die, the best reward for seashore lover, high 10 seashores in Asia, greatest beach vacation guides, Prime 10 beach vacation suggestions and ideas, finest beaches to go to in USA or else however immediately I have only a topic here which would enable you to know how you can take pleasure in every moments if you keep at the seashore.

In case you have extra time, you can simply spend a few more days within the city of your alternative. A few of the enjoyable we have on household vacations is trying out new eating places, and Anna Maria Island eating is absolutely enjoyable. We are going to in all probability by no means get the possibility to go to the Galapagos Islands which have been made into a Nationwide Park with the prime object of defending these endangered tortoises.

Choose between the seashores of Cala Martina, S’Argamassa, Cala Pada and Niu Blau and sit on the lounge chairs with a martini or lengthy island iced tea. I’ve spent 10 days in both places and while that was lengthy sufficient to explore a lot of Puerto Rico, I feel like there is a lot extra of Costa Rica left for me to expertise.

Travelzoo has offers for the world’s most sought-after stretches of sand, from Hawaii’s fabled Waikiki Beach to the household-friendly resorts of Florida’s Fort Lauderdale and beyond. You’ll be able to visit Washington Island, having fun with surroundings, meals, and shopping, however it’s best to ebook a stay and benefit from the those who reside there all yr round.…

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Florida Vacation ~ Discovery Island Footage At Walt Disney World

When Jennifer and Frank Massabki traveled to Mexico in Could 2017, they had not too long ago gotten engaged and have been in search of potential places to host their marriage ceremony later that year. Resort + flight for two people from Denver to Mexico Metropolis with Volaris, purchase till june 01 2018, travel and keep in Lodge Templo Mayor, from June 10 to 17 2018. Summer season is the perfect for outside with family and friends and you talked about most useful methods on How To Engage Your Kids Throughout Summer Vacation, definitely ought to be considered from time to time.

I stay in Cape Town, and we have now stunning beaches here, too. This is among the nice ways to enjoy your beach vacation. And with TripAdvisor’s distinctive Payment Safety, you may enjoy the peace of thoughts that comes with reserving on the world’s largest travel web site.

Island Time Bar and Grill – in Bradenton Seaside. However, what I would like tell now is – you can really take pleasure in a seaside holiday by doing meditation. You may solely go to one park a day except you buy a rover ticket for $50.00 per person.

I’ve read this put up before, however well timed reminders because the summer vacation season approaches. Go to a Barbados barbeque for an amazing worth, enjoyable night out. Had someone begin to method me in my car parking zone just some days ago at 6:30 AM when it’s nonetheless darkish.

Searchers also discovered items described as per a household touring on vacation and unspecified personal gadgets that allowed officials to verify that the automobile seen plunging into the river was the Thottapilly’s SUV. Many companies immediately cal it Personal Time or something comparable as a result of they lump your sick leave, birthday, vacation and some other days they give you with pay all together.

Who knows, perhaps you’re planning to visit some beaches that are located exterior your country for this 12 months summer vacation. The next itinerary permits for twelve days of sightseeing throughout Europe (in England, France, the Netherlands, Germany, and Italy) and two extra days to travel from metropolis to city, for a total of 14 days.…

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