Somethings Not Right at Disney World and Universal Orlando – Motley Fool
Opening up Central Florida's theme parks after months of inactivity wasn't easy. Scaling back operations now that demand is falling short of expectations will be even harder.
Layoffs, shuttering less popular attractions, and shortening operating hours have been the steady diet of grim news that's been trickling in for the industry in recent weeks. The latest jab came on Friday afternoon when Comcast's (NASDAQ:CMCS.A) Universal Orlando informed guests with upcoming stays at two of its seven on-site resorts that the hotels will be temporarily suspending operations starting next week.
Universal Orlando will be shutting down the Sapphire Falls and Aventura properties on Aug. 21. Existing bookings at the two hotels will shift to one of the other resorts that will remain open as Comcast conso...