posted by orlandovacationhome on Dec 4
If you go to the Walt Disney World Resorts ® web site, they are running some stellar
promotions at the moment.
You can buy a hotel room and a ticket combination package with spendable gift cards included
or amazing values which make it tough for area hotels and other accommodations to compete. Although we don’t promote any company on this web site, this appears to be such a great deal it deserves to be mentioned.
As always, if in doubt, we advocate buying your tickets directly from any theme park you are attending.
Many metro Orlando area hotels we spoke to agree that the “Big Park” is offering some fantastic promotions making it difficult for them to compete even at the economy level. This may be due in part to the fact that the hotel industry in metro Orlando has seen some staggering drops in room revenue (RevPAR) recently. This may also be further evidence of the magnitude and nature of the global recession.
However, Orlando area vacation homes still remain a competitive alternative to all area hotels, as they affordably offer a family or group of people the benefits of an entire house for a little more than the price of a hotel room. We recommend you shop around, assess your needs, and make your own decision. As always, we will try to keep you informed.
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posted by orlandovacationhome on Nov 8
The third quarter earnings report for Disney was not pretty. In many investors’ eyes, it raised more questions than answers. Chief Mouse Executive Bob Iger reported that the first half of 2009 looks to be just shy of 10% under last year’s booking pace. He also alarmed analysts by stating that his predictive view of the attendance market is “limited”.
Disney responded by rolling out a new “buy 4 days/nights, get 3 free” promotion. This is strong evidence of the weakness coming into 2009, and the theme park market will need to perform some heavy discounting in the new year to stay on par with last year.
Disney Earnings Impact Orlando Vacation Villa Homes
Presumably area hotels must do the same to bring in their market share of tourist dollars. Vacation home rates will almost assuredly follow suit because staying in a home is an upgrade from the regular hotel stay, and that consumers may not be in the financial mood to take advantage of that upgraded experience. The dollar has also appreciated making foreign exchange rates less attractive for international travelers. Although air travel pricing has been sluggish to drop, gasoline pricing has been cooperative for the consumer lately. We suspect that regional drive-to traffic may need to replace lost international traffic in 2009 if Orlando vacation home rentals are to keep pace with last year’s figures. In that light, vacation home marketers must do a better job of highlighting the advantages of a vacation home over a hotel stay and then delivering on that Orlando vacation promise.
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