NewsMine — deceptions — plagues — sars — panic — Viewing Item

Sars worsen disney parks slump { April 11 2003 } Original Source Link: (May no longer be active)    http://www.washingtonpost.com/wp-dyn/articles/A8052-2003Apr11.html http://www.washingtonpost.com/wp-dyn/articles/A8052-2003Apr11.html Disney: SARS May Worsen Theme Parks Slump Reuters Friday, April 11, 2003; 1:20 PM LOS ANGELES (Reuters) - Fear of SARS, the pneumonia-like illness sweeping Asia, could deliver another blow to already slumping visits to Walt Disney World, No. 1 theme park operator Walt Disney Co. told securities regulators. Burbank, California-based Disney recently cut its profit target for 2003, citing the effects of the U.S. war on Iraq and terrorism fears on travel as well as the slow economy. It said Walt Disney World in Florida, was particularly vulnerable because it attracted more visitors from foreign countries. Disney repeated those concerns in the filing with securities regulators late on Thursday, which outlined terms and risk factors to a debt offering, and it also noted the potential for SARS, or Severe Acute Respiratory Syndrome, to disrupt business. "Current concerns relating to severe acute respiratory syndrome, or 'SARS,' and uncertainty surrounding the transmission of this illness, may also contribute to a reluctance to travel," Disney said. "This tends to adversely affect our resort locations, and in particular our largest resort location, Walt Disney World, where our guests tend to travel from farther away and stay longer." Disney's main parks are Florida's Disney World and Disneyland in California, and it has interests in parks in Paris, Tokyo and a Hong Kong park that is being built. Asian travel has declined sharply as SARS, which has no cure so far, has infected more than 3,000 worldwide, primarily in China and Hong Kong, and killing 114. Disney's ABC television network also faces higher costs and lower advertising due to the war on Iraq, the company said. © 2003 Reuters

Berkeley turns away sars China travel warning { March 31 2003 } Flight attendants demand sars protection { April 2 2003 } Hollywood panic peril { April 26 2003 } Hong kong tourism sinking Norwalk hospital denies sars Ohio school district closes { April 28 2003 } Plane quarantined sanjose { April 1 2003 } Sanjose false alarm Sars disrupt business world { April 4 2003 } Sars on flight [jpg] Sars shuts down toronto school 6400 quaratine { May 28 2003 } Sars threatening powers who Sars worse 911 for airlines { May 16 2003 } Sars worsen disney parks slump { April 11 2003 } Schools close { April 23 2003 } South texas immigrant sars scare { April 25 2003 } Villagers attacked officials over sars { May 5 2003 } Files Listed: 18

Correction/submissions

CIA FOIA Archive

National Security Archives

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information, go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purpose of your own that go beyond 'fair use', you must obtain permission from the copyright owner.