Disney scraps $1 billion Florida campus plans

Friday, 19 May, 2023 0

The Walt Disney Co. is ditching its planned $1 billion office campus in Florida.

It decided not to progress with the relocation of offices from its California base.

It had earmarked a huge campus site near Orlando which would have accommodated more than 2,000 admin staff.

It would have meant many relocating from California.

The plan is now dead, due to ‘changing business conditions,’ Disney Parks Chairman Josh D’Amaro told staff in a memo.

He didn’t elaborate but The New York Times reported that Disney’s very public feud with Florida Gov. Ron DeSantis ‘figured prominently’ in the decision to pull out of the deal.

Disney CEO Bob Iger has already raised questions about its future investments in parks in Florida due to the ongoing flight with the Governor.

The company and the state recently file lawsuits against each other.

Related News Stories :   TSA reaches highest passenger screenings since 2019     Air New Zealand to weigh passengers for international flights     Go First delays flight restart again     CLIA reveals specialist agent training, events programme     Kayak rolls out first travel ad campaign since the pandemic     British man killed by lightning strike on Greek beach  


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

Mike Ferguson of Skyscanner talks to Graham about expansion and the new research key for DMO’s

Dana Young updates Graham McKenzie on the progress Visit Florida is making

Jenna Saucedo-Hererra of Greater SATX

Charles Godot General Manager at voco Dubai Palm Jumeirah

Robert Khoury JA Resorts and Hotels Vice President Sales and Marketing

Harry Hastings of Ocean Holidays talks to Graham McKenzie about the past 20 years and the next 20

Nium - Is this the fastest growing Fintech company? Spencer Hanlon talks to Graham McKenzie

Sarah Doyle from Visit Phoenix

Michelle and Jalyssa of Visit Mesa

Alison Cryer, MBE of Representation Plus

Tracy Vaughan, SVP Global Trade Development at Visit Lauderdale

Marc Anderson CEO of Visit San Antonio speaks to Graham McKenzie in London about his city and IPW23

Your Email is bounced out please whitelist travelnewswires.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