Everyone is Going to Disney World!

Despite News of a Recession, Inflation, Food Shortages, Gas Hikes and an end to the United States? National Spending Spree of the last 10 years, Disney is Booming! Its stock has risen 3% and the parks are full. Affordable hotels and an influx of European travelers aren?t the only reason that the parks continued to thrive in the first quarter of 2008. Americans are still traveling but staying home.

There is a lesson to be learned from Disney. In 1991, the last major real estate recession year, 55% of Disney?s hotel rooms were considered premium priced. This time around 75% of the rooms are moderately priced. Disney re-adapted its business plan to better suit its clientele. Adaptability is the key in uncertain economic times.

Uncertain is also the word. The Stock market despite all the bad news climbed over 13,000 yesterday as UBS scaled back its plans to be one of the world?s largest investment banks, Robert Verrone anno... Read more.»