Disney has told Bloomberg that concerns over the Zika virus have had “no real impact on cancellations or future bookings.” This statement comes after BTIG LLC analyst Rich Greenfield said in a research note that Florida’s Zika outbreak may be causing some guests to reconsider plans to visit Walt Disney World. He referenced a 5,000-person survey earlier this month by CivicScience which found that about half of roughly 800 people planning trips to the area said they have canceled or decided not to visit Walt Disney World due to the threat of the virus.
The Florida Department of Health has identified two areas of Miami-Dade County where Zika is being spread by mosquitoes. They advise that women who are pregnant, may become pregnant and their partners should not travel to those areas. No part of Walt Disney World has issued any warning, however they have begun distributing complimentary insect repellent.
Disney stock closed the day up .24 to 92.50.