Wednesday, May 12, 2010

Disney to build new 2,000-room Art of Animation Resort

Walt Disney World is about to begin building its first new hotel in seven years, a 2,000-room resort that will open in 2012.
Disney’s Art of Animation Resort will feature 1,120 suites with room for as many as six people each and another 864 traditional hotel rooms, with a design theme based on four of the company’s most popular animated movies.
The complex will be priced as a “value” hotel, at the low end of Disney World’s scale, similar to Disney’s Pop Century and All-Star resorts, where standard rates begin at $82 a night.
The announcement is one of the strongest signals yet from Disney that it thinks a sustained recovery is under way from the long travel slump brought on by the global recession. Disney executives, who have been weighing construction of a family-suites hotel for several years, finally approved the project in January.
But in deciding to add another lower-priced hotel, Disney also appears to be betting that travelers will continue the frugal spending habits many adopted during the downturn. Disney has been relying on discounts to sustain attendance during the past year, and executives acknowledged Tuesday that consumers are still searching for deals even as Disney attempts to return to pre-recession prices

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