>>>So maybe the parks make a few less dollars this year.>>>
It is counter-intuitive to think that Disney parks can increase revenue in a recession. Most people think that Americans will travel less in general because of fuel costs, but Disney could actually thrive in this environment based on corresponding and underlying trends in this new oil dynamic that will offset the effect. DIS can do it for four main reasons. 1) Americans are vacationing less in other countries so more will choose to go to Disney. 2) Europeans are vacationing more in the US because of the widening exchange rates 3) Disney is good at forecasting the travel industry and can proactively adjust rates to maximize reservations 4) Disney still has more goodwill than all other parks.