I felt that it helped being able to select a company that I have
personal interest in, as my family belongs to the Disney Vacation
Club and we travel to Disney world often, so many of the changes in
the industry and how the pandemic has been impacting the park
operations were things I could see firsthand just from being there
and experiencing the impacts from a consumer perspective. After
going through this project, I understand a whole lot more about the
decisions the company made to offset the losses from the pandemic,
and I also learned a lot more from reading their annual report. I think
objectively reading through the Annual report was the most helpful
for me, as the work I do in my company on a day to day, and monthly
basis is to help prepare for the financial statements we issue each
month, but my involvement doesn’t have too much to do with the
finished product (yet), so after going through these Milestones, I
understand more of the bigger picture with these. I also learned just
how much this industry relies on consumers being able to travel and
visit theme parks, and that a recession could threaten their success in
the future. Luckily, I believe Disney can (again) shift emphasis on the
segments that held up during the pandemic and helped float the
company through the losses other segments were experiencing.
