Published on : Friday, May 28, 2021
Walt Disney Company CEO Robert Chapek recently said in a statement during the JPMorgan 49th Annual Global Technology, Media and Communications Conference that Walt Disney World is likely to approach full capacity by the end of the year. Chapek said his team anticipates low double-digit growth as the company follows federal Centers for Disease Control and Prevention coronavirus operating guidelines for reopening.
Since the reopening in Florida last July, the company has slowly expanded the daily number of people allowed to access its Central Florida facilities. Disney has not released any attendance number so far. Meanwhile, Chapek claimed that many of the workers laid off due to the pandemic are back on the job. He mentioned that the great majority of the cast members who have been called back are ready, willing and able to return.
He also mentioned that by the end of the year the company is likely to be at point where it would start to accumulate most of the benefits both from an attendance standpoint and from a bottom-line standpoint in terms of when it will get there. On Tuesday, SeaWorld announced that employees would no longer have to wear masks if fully vaccinated. SeaWorld earlier said guests who have been vaccinated would no longer have to wear masks at its Florida facilities. Disney also does not require guests to show proof of vaccination so far.