Hello everyone and welcome to the show coming up this week. We got a look at some of the new rooms planned for the Galactic Star Cruiser hotel. Disney began testing fireworks at the Magic Kingdom yesterday.

And they also released their fourth quarter earnings report last week. We're going to talk about some of the key takeaways from that.

Plus a little later I'm going to share my thoughts about being back in the parks and some of the changes I saw all that coming up next.

From the Bob Barley studio in Orlando, Florida this is the Giz on Plot.

Hello folks and welcome to episode 1104 of for the weekend of November 17th of the Giz on Plot coming to you from the Bob Barley studio in Orlando, Florida. I'm your host Pete Warner joined via Skype this week by my good friends John Meijai.

Everybody that's not John Meijai Skype is only going to switch over when you know when people are talking for a little little while. So John Meijai here along with Kevin close guys make some noise make some noise.

Everybody.

Okay there they are John Meijai and Kevin close. Obviously Jackie Galey is with us as well.

Now you can talk Jackie or not and Denny Sunderley is with us as well. I there. I see how this day is going to go producing for us this week here in the studio are associate producer Mr. Corey Fiascano.

Everybody and welcome folks just a reminder the Diz unplugged is brought to you by dreams unlimited travel.com that is a company in which John and I are co owners.

And if you like our content if you like the stuff we put out please show your support by booking your next isn't vacation with dreams unlimited travel.

A lot of people this past year have learned just how good our agents are as they have helped people navigate the changes and things that have happened as a result of COVID-19 and all the cancellations and rebookings that needed to take place with Disney vacations and are continuing to take place with Disney vacations.

So dreams a limited travel.com we appreciate your support. All right I want to get started first by talking about the fourth quarter earnings.

Now just for clarification Disney's fiscal year ends on September 30th. So their first quarter begins October 1st. So this is for the period of July 1st through September 30th.

And some of the key points that I want to talk about they the board of directors decided to for go the semi annual dividend payments to its shareholders in January 2021 which I think makes perfect sense since the company lost and at least parks and experience a lot of experiences alone lost 2.4 billion with the B in the fourth quarter.

Just the fourth quarter that's not their year end loss that's their fourth quarter 2.4 billion.

They talked about how Walt Disney World was operating at 25% capacity but Bob Chapich did confirm what we were suspecting was the case that they had up to capacity to 35% we knew that because you know park passes for December that were really hard to get that were yielding.

That were yellow or red all of a sudden became green and we figured okay the only way you're doing that is if you're adding capacity and he did confirm that they had up capacity to 35% more on that I just want to say I think that is a remarkably responsible decision from I don't know what the hell that was something just fell.

It's going to be one of those shows folks. I thought that was a remarkably responsible decision from a company that had just lost 2.4 billion dollars that they only increase capacity during their busiest historically busiest time of the year by 10% when the state of Florida has basically said to them you can go back to operating 100% and we're fine with it.

So I think I just wanted to point that out that I think a 10% increase after what three months of reopening and learning what the best practices are I thought that was an incredibly responsible decision.

Chapic did mention that the cruising guidelines released by the Centers for Disease Control at the end of October present higher hurdles than they were anticipating which is delaying the resumption of cruising beyond what was originally hoped for.

Now I don't have an inside track on that all I can say is that when they released the cruise discounts they release weekly.

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