Disney World employs more than 75,000 people, making it the largest employer in the United States among companies without branches. And its employees are happy: the theme park ranked fourth among 2,000 companies named by Forbes as the best employers in the world.
The company received this position based on more than 430,000 reviews from people who currently work at the famous park or have worked there in the past.
In addition to Disney World, the Orlando area is home to many other large and small companies: other theme parks, shopping malls, military bases, and so on. Taking them into account, the number of people employed in the region exceeds 1.3 million people. And most of them rent housing, so an investor planning to buy residential real estate with rental income can focus on Orlando as a city where there are always tenants.
Although the city saw a slight decline in employment at the beginning of the pandemic, it quickly grew in June 2020, exceeding the average for the past ten years by 3.22%. One of the reasons for this was the popularization of vaccination. Disney was the first to organize a vaccination center for all employees on its territory, which contributed to the rapid opening of the park to visitors and the restart of the entire tourism sector. Now, interest in the restoration of tourism encourages many investors to invest in America, and in Florida in particular.
The demand for employees associated with the entertainment industry is supported by the huge number of tourists who regularly come to Orlando. For example, in 2017 alone, the Magic Kingdom theme park as part of Disneyland was visited by more than 20.45 million people, which is equal to the number of residents of Florida.
Due to this, Orlando has the opportunity to invest in real estate that is already leased – for example, workers in the tourism and hospitality industry can live there permanently. Thanks to the continuity of the lease, owners of such housing can receive a net profit of more than 6%. This is an excellent strategy for profitable investments in America.
In addition, the constant demand for rental housing attracts investors from all over the world, which contributes to the growth of prices. For this reason, resale of investment properties provides significant capital gains in the short and medium term.