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Disney Parks Essay Discussion Paper Many theme parks have been able to strategically develop products, festivals, concerts, and other options that target Generation Xers. As the Baby Boom post World War II began to slow in the 1960s, the theme park industry correspondingly saw revenues in the 1970's and early 1980's decline. New parks, new themed areas, featured high profile rides, and additional investments slowed until the industry could adjust to the overall declining birthrate. Surprisingly, Disney was able to enjoy the lesser boom in the 90's of Generation Y (Boomer Babies). Walt Disney World has been lucky with the early strategic decision-making that focused on purchasing land for additional growth in the future. As a result, a variety of theme park options in the Disney family sprung up in the 1990's - 2000's. Further, specifically target products such as Epcot's International Food and Wine Festival, the Festival of the Arts, a number of themed marathons, and Epcot's International Flower and Garden Festival. These targeted festivals, parks or areas of parks have yielded very lucrative revenues from Boomers and Generation Xers. As we move into the 2020's the birthrate is forecast to continue to decline. How can Disney parks in international locations (without significant additional land) (such as Tokyo, Shanghai, Hong Kong, or Paris) find ways to generate additional revenues potentially targeting aging segments? Discuss and be creative! Disney Parks Essay Discussion Paper ORDER YOUR PAPER NOW Expert Answer This solution was written by a subject matter expert. It's designed to help students like you learn core concepts. Step-by-step 1st step All steps Answer only Step 1/1 There are several ways that Disney parks in international locations can generate additional revenues while targeting aging segments: Customized Tours: Disney parks can offer customized tours that cater to the interests of the aging population, such as history, culture, art, and culinary experiences. These tours can be designed to provide a deeper understanding and appreciation of the park's history and culture, and can be tailored to accommodate the physical limitations of the aging population. Wellness Programs: Another way to target the aging population is to offer wellness programs that promote health and wellness. These programs can include yoga classes, meditation sessions, and health and wellness workshops. They can also offer healthy food options and promote a healthy lifestyle. Multi-Generational Packages: Disney can offer packages that cater to multi-generational families traveling together, such as grandparents, parents, and children. These packages can include special activities and events that cater to different age groups, such as character meet-and-greets, themed parties, and educational programs. Disney Parks Essay Discussion Paper Seasonal Events: Seasonal events can be a great way to generate additional revenue and attract visitors during slower periods. Disney can create events that cater to the aging population, such as fall foliage tours, holiday concerts, and cultural festivals. Virtual and Augmented Reality: Disney can leverage technology to create virtual and augmented reality experiences that allow visitors to explore the park's attractions in a new and immersive way. These experiences can be designed to accommodate the physical limitations of the aging population and offer a unique and engaging way to experience the park. Educational Programs: Educational programs can be a great way to engage and entertain the aging population. These programs can include classes on art, history, and culture, as well as workshops on cooking, gardening, and other topics of interest. VIP Packages: Disney can offer VIP packages that provide a premium experience for visitors. These packages can include exclusive access to attractions, private tours, and personalized services, and can be designed to cater to the specific interests and needs of the aging population. ORDER YOUR PAPER NOW Explanation for step 1 In conclusion, by offering customized tours, wellness programs, multi-generational packages, seasonal events, virtual and augmented reality experiences, educational programs, and VIP packages, Disney can generate additional revenues and attract visitors from aging segments. Final answer These creative strategies can help Disney parks in international locations stay relevant and successful in the changing demographic landscape. In order to provide quality solutions, high motivation levels are required for experts. Therefore, it is requested to kindly upvote the answer so that high motivation levels could be maintained Disney Parks Essay Discussion Paper
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Expert Answer

Disney Parks Essay Discussion Paper
Many theme parks have been able to strategically develop products, festivals, concerts, and other options that target Generation Xers. As the Baby Boom post World War II began to slow in the 1960s, the theme park industry correspondingly saw revenues in the 1970's and early 1980's decline. New parks, new themed areas, featured high profile rides, and additional investments slowed until the industry could adjust to the overall declining birthrate. Surprisingly, Disney was able to enjoy the lesser boom in the 90's of Generation Y (Boomer Babies). Walt Disney World has been lucky with the early strategic decision-making that focused on purchasing land for additional growth in the future. As a result, a variety of theme park options in the Disney family sprung up in the 1990's - 2000's. Further, specifically target products such as Epcot's International Food and Wine Festival, the Festival of the Arts, a number of themed marathons, and Epcot's International Flower and Garden Festival. These targeted festivals, parks or areas of parks have yielded very lucrative revenues from Boomers and Generation Xers. As we move into the 2020's the birthrate is forecast to continue to decline. How can Disney parks in international locations (without significant additional land) (such as Tokyo, Shanghai, Hong Kong, or Paris) find ways to generate additional revenues potentially targeting aging segments? Discuss and be creative! Disney Parks Essay Discussion Paper

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Expert Answer

This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.

Step-by-step

Step 1/1
There are several ways that Disney parks in international locations can generate additional revenues while targeting aging segments:
  1. Customized Tours: Disney parks can offer customized tours that cater to the interests of the aging population, such as history, culture, art, and culinary experiences. These tours can be designed to provide a deeper understanding and appreciation of the park's history and culture, and can be tailored to accommodate the physical limitations of the aging population.
  2. Wellness Programs: Another way to target the aging population is to offer wellness programs that promote health and wellness. These programs can include yoga classes, meditation sessions, and health and wellness workshops. They can also offer healthy food options and promote a healthy lifestyle.
  3. Multi-Generational Packages: Disney can offer packages that cater to multi-generational families traveling together, such as grandparents, parents, and children. These packages can include special activities and events that cater to different age groups, such as character meet-and-greets, themed parties, and educational programs. Disney Parks Essay Discussion Paper
  4. Seasonal Events: Seasonal events can be a great way to generate additional revenue and attract visitors during slower periods. Disney can create events that cater to the aging population, such as fall foliage tours, holiday concerts, and cultural festivals.
  5. Virtual and Augmented Reality: Disney can leverage technology to create virtual and augmented reality experiences that allow visitors to explore the park's attractions in a new and immersive way. These experiences can be designed to accommodate the physical limitations of the aging population and offer a unique and engaging way to experience the park.
  6. Educational Programs: Educational programs can be a great way to engage and entertain the aging population. These programs can include classes on art, history, and culture, as well as workshops on cooking, gardening, and other topics of interest.
  7. VIP Packages: Disney can offer VIP packages that provide a premium experience for visitors. These packages can include exclusive access to attractions, private tours, and personalized services, and can be designed to cater to the specific interests and needs of the aging population.

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  • Explanation for step 1
In conclusion, by offering customized tours, wellness programs, multi-generational packages, seasonal events, virtual and augmented reality experiences, educational programs, and VIP packages, Disney can generate additional revenues and attract visitors from aging segments.
Final answer
These creative strategies can help Disney parks in international locations stay relevant and successful in the changing demographic landscape.
In order to provide quality solutions, high motivation levels are required for experts. Therefore, it is requested to kindly upvote the answer so that high motivation levels could be maintained Disney Parks Essay Discussion Paper

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