Bloomberg / Contributor

So far, the Most Magical Place on Earth is open for business, though park officials are closely monitoring the situation.

With Hurricane Irma barreling towards Florida, the fate of countless amusement parks—Orlando’s Disney World chief among them—hangs in the balance. So, will they close?

So far, the Most Magical Place on Earth is open for business, though park officials are closely monitoring the situation. Disney World has only been closed four times since opening in 1971, all in anticipation of hurricanes. The most recent closure was due to Hurricane Matthew in 2016, which ended up weakening off the coast.

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If your dream vacation is in jeopardy, fear not. As the Orlando Sentinel recently pointed out, Walt Disney World Resort policy allows people to reschedule or cancel their vacation packages and most room-only reservations (booked directly with Disney) without any fees if a hurricane warning is issued by National Hurricane Center for the Orlando area or a visitor’s residence within seven days of the traveler’s scheduled arrival.  This policy also applies to Disney's Vero Beach Resort and Disney's Hilton Head Island Resort in the event a hurricane warning is issued for those destinations. Unfortunately it does not apply to certain special events or dining experiences.

On Wednesday morning Disney Tourist Blog reported that “guests are currently being allowed to cancel their vacations and receive a full refund,” adding that the wait on hold could be 2-3 hours at this point.

For assistance with your Walt Disney World visit, call (407) 939-5277.

Note: Universal Orlando Resort parks are operating as normal as they monitor the weather but visitors can reschedule or seek refunds, Orlando Sentinel reports.