Right but they didn't result in Hilton / Disney having 80-90% revenue drops overnight. This is a very unique contraction. Even in the depths of 2008, DisneyWorld still had a steady flow of visitors, and Hilton hotels across the world still welcomed guests.

This is rather worse than your typical 8-year contraction. Like, experts aren't sure if it's going to be better or worse than the Great Depression and they're not optimistic based on what we've seen so far levels of bad.