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Hurricane Irma Ended Up Costing Disney $100 Million Due To Closures And Cancellations
The effects of Hurricane Irma are still being felt by cities, states, and whole countries, as people try to recover from the damage and destruction the immense storm caused. Irma brought along some unexpected and unprecedented occurrences, which included Walt Disney World keeping its doors closed for just the fifth time in history. Now, the numbers are finally starting to come out and the house of mouse took a huge hit with the closures and cancellations to the tune of $100 million.
On Thursday, Disney filed their fourth quarter earnings report for 2017, which had some pretty good signs for the company, but Irma’s impact was bigger. According to the Orlando Sentinel, the two-day closure had a lot to do with the $100 million loss and 3 percent decline in U.S. park attendance year-over-year.
Overall, attendance at the U.S. parks increased by 2 percent in the fourth quarter and new attractions contributed greatly to that. The new Pandora: The World of Avatar land at Disney’s Animal Kingdom and Guardians of the Galaxy – Mission: Breakout! attraction at Disney California Adventure are said…
La Niña is here, so 2017 won’t be the warmest year on record
The cool phase of the planet’s most important weather pattern began during October, say scientists from the National Oceanic and Atmospheric Administration, with a tell-tale cooling of the waters of the tropical Pacific Ocean.
Without the El Niño/La Niña cycle, 2017 likely would have been the warmest year ever measured. With it, 2017 will probably fall all the way to … second place, a close runner up to 2016, which was was superheated by a record-strength El Niño.
Every two to four years, global temperatures typically dip as La Niña takes hold. This time around, recent overall planetary warming has become so strong that human influence now seems to be blunting La Niña’s effect on global temperatures…