Disney closing ESPN Zones nationwide

[mredskins]

Originally Posted by SmootSmack

This has been developing for a while. The Atlanta and Denver Zones were closed last year to less fanfare. The economy definitely hurts, it's hurting the restaurant business overall as fewer people are opting for sit-down eat-out restaurants. And leasing the space in some of these markets (such as NYC) is an astronomical hit. Plus the novelty has really worn off, especially as more and more households have their own home theater systems to watch sports.

As a former Marriott and Disney employee managing their revenue in the hotel/restaurant sector of their businesses I will have to say Disney has no business being in the restaurant or hotel industry. Disney should simply stick to the entertainment side of their business model. Now that the economy is stinking up or has been Disney just can't compete in the hotel/restaurant industry.

I predict Disney vacation clubs to be the next to sink.