I'm in Los Angeles, attending the Society of American Business Editors and Writers (www.sabew.org, SABEW) annual conference. Since we're staying at the Disneyland Hotel, in Anaheim, Walt Disney Company President Bob Iger came to speak to us this morning about where Disney is headed and how he sees the world of the Internet.
Some highlights:
*Disney isn't planning on expanding into any other cities in California,although they are looking at other locations around the US to expandconcepts like Disney Vacation Clubs and Resorts. They're also in the process of building 2 more Disney Cruise ships in Germany (blueprints are nearlydone, Iger says). Iger says timeshares are profitable and they're looking forward to expanding the concept.
He's not interested in buying the Wall Street Journal but has been following Rupert's bid. He notes that top-quality brands with high-quality content are hugely valuable. It's easy to see how this translates into real estate. Top quality brands like Coldwell Banker, Century 21, ReMAX and local brands like Baird & Warner, provide comfort to buyers and sellers, especially in rocky times.
Disney believes in the globalization of its brand, but at the same time,they're focused on localizing everything they do, whether it's in Hong Kong (Disney is disappointed with the return, but they are fixing it and believethat the long-term viability of Hong Kong Walt Disney world. Real estate is all about local, local, local. If an agent can't make an impact locally with a property, it probably doesn't matter than someone halfway across the country likes how the website looks (unless that person is going to make an offer).
May 21, 2007.
See more articles on this topic by clicking on the "RELATED ARTICLES" above and to the right.
We have over 5000 articles on Real Estate Advice, Personal Finance Advice and Consumer Advice on our site. We encourage you to look at these articles. As always, if you have a comment on our articles, don't forget to post your comment below. We thank you for coming to ThinkGlink.com.
© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating ThinkGlink.com please contact us.
Additional Topics
(View All Topics)consumer advice credit estate planning home buying ilyce glink mortgage mortgage lenders mortgage loan personal finance advice real estate real estate advice real estate agent refinance mortgage selling taxes
Related Blog Entries
Related Articles
Top Rated Articles
Related Videos
Who Has An 850 Credit Score And How Do You Get One?
Credit scores, on the scale assigned by FICO, rang...(4:39)
What Will Canceling Credit Cards Do To My Credit Score?
Which credit cards should you cancel to have the l...(4:39)
Should You Use A Credit Monitoring Service?
Do you need a credit monitoring service? You can p...(4:39)
Comments
No comments have been posted.