The Wall Street Journal is wondering about how Walt Disney World is going to do with the slower economy. Will bookings go down?
In late July, company officials said September bookings at Disney’s U.S. resorts were on par with last year, and that bookings for the holiday season were slightly ahead.
The company hasn’t provided any updated booking information since then. But analysts and other industry observers expect the global economic situation to soften demand for rooms at the company’s resorts and attendance at its parks in early 2009.
Disney’s stock has gone up and down recently, but in general it is the strongest of the studio stocks.