Orlando area total park capacity has not increased much since IOA opened. A few minor additions, a few replacements, and a few subtractions (River country, etc). A market often refered to as "saturated" from a visitation standpoint. Yet, it seems area hotel rooms continue to grow and grow.
Recent article was concerned that several new hotels around the new convention center wont be on-stream as soon as hoped. There are big non-Disney resort projects underway in both Reedy and Bonnet Creek. Disney will open PC next year, and Universal just announced they are starting work on two more on-site hotels.
This could all just be leading to a more intense battle for hotel occupancy. However, the collective wisdom (if such things exist in the real estate market) doesnt sound like one of Orlando being a saturated market. Does this create any optimism about future demand that could help support more park growth?
Recent article was concerned that several new hotels around the new convention center wont be on-stream as soon as hoped. There are big non-Disney resort projects underway in both Reedy and Bonnet Creek. Disney will open PC next year, and Universal just announced they are starting work on two more on-site hotels.
This could all just be leading to a more intense battle for hotel occupancy. However, the collective wisdom (if such things exist in the real estate market) doesnt sound like one of Orlando being a saturated market. Does this create any optimism about future demand that could help support more park growth?