DeSantis' 'War on Woke' Backfires As Disney Ends $1 Billion Spending in Florida - Controversial Poli

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DeSantis' 'War on Woke' Backfires As Disney Ends $1 Billion Spending in Florida – Controversial Policies Spur Convention Cancellations, Tourism Downturn, and Struggles for Local Businesses

https://finance.yahoo.com/news/desantis-war-woke-backfires-disney-170312133.html



Tue, August 1, 2023 at 12:03 PM CDT·3 min read

Florida Gov. Ron DeSantis's war against The Walt Disney Co. has impacted the state's biggest tourism attraction and is leading to a broader backlash that could seriously hurt the state's economy.

DeSantis, a right-wing candidate for the Republican presidential nomination, singled out Disney because of its LGBTQ+ values and inclusivity, which he disagrees with. In response, California Gov. Gavin Newsom has seized the opportunity to embrace Disney for its diversity, making his state a more attractive option for Disney's future investments...................................

Hotel occupancy in the Orlando area during May was down by 2.5% year over year. Analysts also point out that crowds in Walt Disney World over the July 4 holiday were the lowest they've been in nearly a decade, a trend also affecting rival theme park Universal Orlando Resort..........................................