State of Florida will feel the impact of canceled Disney World Holiday Events

Disney Holiday events

Earlier this week, the Walt Disney Company announced the cancellation of 2020 Holiday events at their theme parks. The news is disappointing to those hoping to return to Mickey’s Very Merry Christmas Party (MVMCP) at Disney World. Other holiday cancellations include Epcot’s Candlelight Processional and gingerbread houses at Disney Resorts. Due to these changes, the State of Florida anticipates a loss of revenue for tourism this holiday season.

Of course, offering less for the holidays will mean out-of-state visitors will re-evaluate their upcoming trips. The safety restrictions being implemented at Disney for social distancing prevents them from allowing the usual crowds for Christmas season. Having less seasonal events will surely mean less business for holiday tourism.

According to the Orlando Business Journal, Disney has little choice with the pandemic, which is why they are cancelling events:

“It may not make financial sense to do those events. They have to be realistic that COVID isn’t going anywhere between now and the holidays, and they have to think they will be running the same low capacities.”

– David Heger, Edward Jones Analyst

The region has seen some visitation recovery, but not enough since fewer people are willing to travel. It may be a “Blue Christmas” for some given the pandemic. Many are still recovering from financial losses and businesses are slowly reopening, so it might be a slow recovery. However, Florida is working on bringing the tourism industry back to its pre-COVID level of activity for 2021.

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Kevin Koszola

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