Walt Disney Co. has canceled two major investments in Florida, including reversing course on a potential $900 million office park, amid a high-profile dispute with state lawmakers and Gov. Separately, Disney is also closing its Star Wars: Galactic Starcruiser experience at Walt Disney World by October, one of the company’s most expensive attractions, where visitors are immersed completely in a Star Wars-themed adventure for multiple days. Josh D’Amaro, head of Disney’s Parks, Experiences and Products division since 2020, said the Lake Nona project is dead. In late March, among other deals, Disney began offering 30% discounts to Walt Disney World annual passholders for dozens of dates in April, May and June. I remain optimistic about the direction of our Walt Disney World business.

Source: Wall Street Journal May 19, 2023 16:23 UTC