Articles tagged “disney”

Approximately 32,000 union workers at Walt Disney World will get raises of about $3 an hour by the end of the year and raises of about 37 percent of their current salaries by 2026 under a tentative five-year agreement.

Walt Disney World’s Star Wars hotel has seen demand cool so dramatically that the Florida theme park giant has been forced to reduce dates during the busy Halloween, Thanksgivingn and Christmas seasons.

A shortlist of potential executives to succeed Disney CEO Bob Iger has surfaced, bringing a few surprises to the search for his replacement.

Today’s edition of Skift’s daily podcast looks at Disney's strong parks earnings, Michelin Guide tourism, and JetSmart's takeover ambition.

The company is starting off its 100th anniversary by cutting more than $5 billion in costs, and by laying off 4 percent of its global workforce. Seems like the company is more in survival mode than creativity mode. As Disney goes through the turmoil, the steady growth at theme parks will come into even greater focus.

The Service Trades Council Union has rejected Disney’s latest contract offer, saying a $1-an-hour raise is not enough. The historic minimum wage increase at Orange County Convention Center in Orlando, is what unions want as the new standard.

Today’s edition of Skift’s daily podcast looks at Four Seasons’ new exclusive retreats, a Marriott-Disney make believe merger, and Yatra’s IPO planning.

With apologies to the legacies of founders Walt Disney and J. Willard Marriott, sometimes reimagining history can be a fun exercise, and a reminder to be grateful for how things actually turn out.

Josh D’Amaro, Disney Parks, Experiences and Products Chairman, could become the next CEO of The Walt Disney Company.

Disney picked now-former CEO Chapek from the Parks division. Will it look that direction again during this new, two-year search?