Hi there Alana!
Yes, you are correct! The Festival of the Seasons will begin on November 9th and runs through January 8th 2012! It seems like they will have a good bit of holiday happenings according to the Disney site including:
Holiday carolers
Latin, jazz and pop performances of cherished holiday songs
Costumed stilt walkers and street performers
A lively holiday dance party with deejay
And from November 18th to December 24th, Santa himself will be enjoying the Florida weather!
Typical closing times for shops depend on the individual Restaurant, Store, and time of year. Most of the Main Areas will be open until 1-2 a.m on the weekends.
Pleasure Island normally Closes at:
11 p.m. Sunday - Thursday
12 a.m. Friday - Saturday
Restaurants open until 12 a.m. or later, depending on the crowd.
The West Side normally Closes at:
11 p.m. Sunday - Thursday
12 a.m. Friday - Saturday
Restaurants open until 12 a.m. or later, depending on the crowd.
The Marketplace normally Closes at:
11 p.m. Sunday - Thursday
11:30 p.m. Friday - Saturday
Restaurants open until 11 p.m or later, depending on the crowd.
Thanks so much for asking the Moms Panel! I hope this information helps you with your planning and if you have more questions, please ask away, we are always here to help! Have a Magical Time at the Walt Disney World Resort!