Disney says it’s worth $40 billion to Florida economy

Disney says it’s worth $40 billion to Florida economy

Tuesday, 14 Nov, 2023 0

Disney has touted its worth at $40.3 billion to Florida as it battles the state’s takeover of its district.

Disney released a study conducted by Oxford Economics stating an economic impact of over $40 billion, and 263,000 jobs.

The company has four theme parks, 25 hotels, two water parks and a shopping and dining zone in the district near Orlando.

The study commissioned by Disney, is based on 2022 data.

Disney says it directly accounts for one in eight jobs.

The battle between Gov, Ron DeSantis’ administration and the company was sparked by Disney’s opposition to Florida’s so-called ‘Don’t Say Gay’ law.

It has led to both suing each other.

Disney recently ditched plans to add 2,000 jobs by relocating workers from Southern California but has indicated it still plans to invest billions more in Florida if the business environment is conducive.

Disney is battling DeSantis over management of the formerly known Reedy Creek Improvement District.

It is now called the Central Florida Tourism Oversight District currently controlled by DeSantis appointees. 

Related News Stories :   Christmas Town at Busch Gardens Tampa Bay     Bill Bailey showcases Western Australia     Tourists die in India houseboat fire     Dimitri Fragakis talks all things Greece     Jayna Leach of Panama City Beach talks about sand, beaches, breakfast martinis and how fab her destination is     Pensacola, Florida an extraordinary beach destination  

Related News Stories :   China touts visa-free travel for Europeans     Nova Scotia gets new airlift     Call for action to combat online harassment of travellers     ‘Liquid Tourism’ in California’s Central Valley     Saudi launches biggest ever tourism campaign in China     WinterFest lights up Hong Kong  


TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

Most Read

Navigating the Skies: Insights from Singapore Airlines’ General Manager, Mohamed Rafi Mar

Unveiling the Charm of Margaritaville Beach Resort and British Colonial in Nassau, Bahamas

Balancing Tourism and Community: A Conversation with Aimee Blenker of Punta Gorda, FL

DTH Travel’s Evolution: A 66-Year Journey Unveiled in Interview

Wonders of Zambia: A Conversation with Matongo Matamwandi, CEO of Zambia Tourism Agency

Discovering the Hidden Charms of St. Kitts and Nevis: A Conversation with Tourism Leaders (Podcast)

Jaz Hotel Group CEO Alaa Akel on Resilience, Sustainability, and Future Outlook

Preserving Jordan’s Heritage: 2023 Tourism Boom & Sustainable Innovations

Palladium Hotel focuses on customer satisfaction and top-notch entertainment

Jayna Leach of Panama City Beach talks about sand, beaches and how fab her destination is

Dimitri Fragakis talks all things Greece

Davide Ioppolo of LATAM explains why sustainability is so key to his airline

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari