Later Thursday, Disney announced that the parks at Walt Disney World and Disneyland Paris will shut down as of close-of-business on Sunday. Even without closures, theme parks are already banking on lower foot traffic this year. “They have more to lose from a real crisis,” said Dennis Spiegel, Founder and CEO of International Theme Park Services. “We’ve never dealt with anything of this magnitude, where it relates to health.”What to watch for: How many other theme parks follow suit. Theme park experts predict there will be a domino effect as the closures begin, and Disney is particularly influential.

Source: Forbes March 12, 2020 21:17 UTC