Tuesday 7 April 2009

Orlando hit hard by recession

Not even the mouse is immune from the effects of the recession it seems. Walt Disney Co announced last week a series of cuts brought about by falling numbers of visitors, about 1,900 jobs at its domestic theme parks in total.
The bulk of the cuts occurred at Walt Disney World in Orlando, where about 1,400 jobs were eliminated. About 300 jobs will be cut from the Disneyland Resort in Anaheim, with the remainder coming from corporate headquarters in Burbank.
Disney, which employs about 80,000 people in its parks and resorts unit, said 1,200 people were laid off and about 700 positions were left unfilled.
The figures get worse for Orlando, where the number of passengers traveling to Orlando International Airport declined 14% in February compared with a year earlier, the Greater Orlando Aviation Authority said. Hotel bookings are down by double digits as well, according to Smith Travel Research.
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