When Will Disney And Other Theme Parks Reopen?

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One of the indicators that we are dealing with coronavirus recovery might be knowing when Disney plans to open their amusement parks again.

USB analyst John Hodulik doesn't think it will happen until next year for Disney and amusement parks in general.

He speculates, "[The] economic recession plus the need for social distancing, new health precautions, the lack of travel and crowd aversion are likely to make this business less profitable until there is a widely available vaccine."

The company was said to have lost $500million last month after closures

Meanwhile, Florida Governor Ron De Santis says Disney is "so far ahead of the curve" in re-opening discussions for Walt Disney World Resort but he adds that "everyone wants to make sure we do it safely."

Other experts believe the parks will have to undergo soft openings with limited capacity again in order to keep everyone safe.

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