A $1.5 Billion Resort Is Coming to Orlando: What Investors Should Know

Liz Brumer-Smith, The Motley Fool
·3-min read

Disney (NYSE: DIS) just doubled down on its bet for a speedy economic recovery, particularly for the travel industry, after releasing its plan to build a new $1.5 billion resort, a rebuilding of the Villas at Grand Cypress, near Walt Disney World in Kissimmee, Florida. The greater Orlando area, which includes Kissimmee, attributes roughly $5.8 billion to tourism dollars as of 2018, and it's had a tough year as the coronavirus pandemic has stifled travel and tourism industries. Disney's big new plans could have major impacts for this major metro market.