Disney to Host Parks-Focused Investor Event at Walt Disney World Next Week

    According to a report from Deadline, Disney execs are gearing up for a Parks-focused investor event early next week at Walt Disney World. The event will take investors on a tour through Walt Disney World, which is currently celebrating its 50th Anniversary. Executives are also expected to speak directly to investors in a meeting during the two-day event. The Disney Parks, Experiences, and Products division represents a major source of income for the company, despite most investors’ interest in Disney+. It is expected that some news will come from the event, and it seems unlikely that Disney will delay a formal announcement of the Guardians of the Galaxy roller coaster much longer. Of course, we perhaps received a preview of the opening date when newly appointed PR chief Geoff Morrell tweeted out the Memorial Day Weekend timeframe.

    While an opening date for Cosmic Rewind seems like a sure thing, other projects that could use updating would be the EPCOT overhaul of the World Celebration neighborhood, including hopefully some news on the long-term status of Spaceship Earth. A major refurbishment of the ride would see many scenes reimagined, but the work has been delayed due to COVID-19. Smaller projects that might receive an update could include Connections Cafe & Eatery and the Roundup Rodeo BBQ over in Toy Story Land. Disney could provide the first meaningful update in years to the TRON Lightcycle Run roller coaster by announcing a late 2022 opening timeframe, but all this remains speculation because details on the investor event remain few.

    Another interesting tidbit to keep an eye on is the undeniable financial success of Disney Genie+ and Individual Lightning Lane. The Disney Parks are seeing record per guest spending, and there are currently no signs of slowing. It will be interesting to see if Disney wants to invest some of that money back into the theme parks, or simply pad pockets.

    As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!

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