Ron Desantis travel tips

Hurricane Idalia is expected to make landfall in Florida early Wednesday, potentially leading to power outages, wind damage and flooding as it moves inland.

Walt Disney said on Tuesday it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. Disney CEO Bob Iger and Josh D’Amaro, the company’s parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts and investors at Walt Disney World Resort in Orlando, Florida, focused on the company’s parks business.

Disney’s theme parks will generate an estimated $10 billion in profit this year, up from $2.2 billion a decade ago. Not bad for a 68-year-old business, especially considering the devastation wrought by the pandemic just a couple of years ago.

Score one for the governor’s team. At least for now.

Florida is preparing for the arrival of Idalia on Wednesday, which has strengthened into a hurricane and is expected to rapidly intensify into a Category 3 storm by the time it makes landfall.

Florida lawmakers granted Governor Ron DeSantis effective control of the board that oversees development in and around Walt Disney Co’s central Florida theme parks, escalating the Republican’s battle with the emblematic company.

Florida Governor Ron DeSantis on Monday fired another shot in his battle with Walt Disney Co, saying the state’s Republican legislature would take steps to nullify the company’s effort to circumvent state oversight of Walt Disney World.

Florida’s Senate on Thursday passed a bill that will allow a tourism board appointed by Governor Ron DeSantis to cancel development agreements its predecessor body signed, the latest salvo against the Walt Disney Co from the conservative leader.

Walt Disney Co sued Florida Republican Governor Ron DeSantis on Wednesday, asking a court to overturn state efforts to exert control over the company’s Walt Disney World theme parks in Orlando, intensifying a political battle between one of the largest U.S. companies and a potential White House contender.

Florida Governor Ron DeSantis on Friday signed a bill into law that gives a new board he controls the power to void development agreements its predecessor body signed with Disney — the latest episode in a feud between the conservative governor and the entertainment giant.

Walt Disney Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years after it opened, as the media giant cuts costs throughout its entertainment and parks businesses.

Disney Parks, Experiences and Products will be a key growth driver for the Walt Disney Corporation, as it approaches its target of cutting $5.5 billion in costs across the company, said CEO and Director Bob Iger during an earnings call Wednesday. 

Walt Disney Corporation on Monday dismissed the idea of building miniparks in the U.S., saying the media company would instead spend on its major theme parks and cruise ships.

Some tourism groups that advocate on behalf of marginalized communities are expressing concern about the NAACP’s recent travel advisory that aims to discourage travel to Florida.

Are wait times shrinking at Disney Parks? Is that a sign of weak demand? That was the claim in a recent article in the Wall Street Journal, a claim CEO Bob Iger pushed back on in a CNBC interview this week.

In early 2020, with state health officials downplaying signs of the coming pandemic, Josh Green, who was then Hawaii’s lieutenant governor, went outside the political pecking order and called the White House himself to ask for a temporary ban on cruise ships, a linchpin of Hawaii’s economy.

Disney filed a counterclaim in state court Thursday against the board appointed by Florida Gov. Ron DeSantis (R) to oversee Walt Disney World’s special district, doubling down on the company’s ongoing feud with DeSantis and his appointees days after the governor said he was trying to “move on” from the controversy.

A state judge delivered a win Friday to board members Florida Gov. Ron DeSantis (R) appointed to oversee Walt Disney World’s special district, multiple outlets report, as the court ruled the board members’ lawsuit against Disney over a development agreement that hamstrings the board’s power can move forward in court—possibly undercutting Disney’s separate legal case against DeSantis and his allies in federal court.