(Bloomberg) – Zika cases in Florida may be causing vacationers to reconsider plans to visit resorts including Walt Disney Co. parks in Orlando, according to BTIG LLC analyst Rich Greenfield, who cited a survey of travelers.
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, based on a 5,000-person survey earlier this month by CivicScience, a Pittsburgh-based consumer polling and research firm cited by Greenfield in a research note Thursday.
With growth at Disney's ESPN network slowing and the company's film studio and consumer unit facing tough comparisons, the company is relying on the parks to drive growth in fiscal 2017, wrote Greenfield, who has recommended selling the stock since December 2015.
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