Interesting article on MSNBC today about how despite the gaming industry's claims of being "recession proof" Disney is showing steady numbers while Vegas is hurting. Analysts think this is due to Las Vegas's emphasis on high end services and 5 star hotels and restaurants with 5 star prices, where Disney's success is due to Disney's value offerings.
And even better news for travelers:The gaming business often brags that itís recession-proof because gamblers will always like to gamble, but amusement destinations historically have seen their business get hit hard when consumersí wallets are pinched.
The upscaling of Las Vegas with its five-star hotels, restaurants and shops, and the down-pricing of Disney to more value-oriented park packages and hotels over the last decade has turned that concept on its head.
In 1991, more than 55 percent of hotel rooms at Disney World were considered premium priced. Now, about 75 percent of rooms there are considered moderate or value priced, Iger said in a May 6 conference call with analysts. Moderately priced rooms range between $149 and $240 a night, while value rates are between $82 and $151 a night.
Full article: http://www.msnbc.msn.com/id/24582165/
Personally I think Disney is just a stronger addiction than Gambling , what do you all think?