WDW during a Recession / Economic Downturn

[Chi84]

Why does everything that their points getting refuted is about 'anger' and not, the obvious part - their points being wrong?

Oh, wait, I know.

Well alrighty then . . .

 

[Sirwalterraleigh]

Is this, or is this not, a thread about WDW during a recession?

Money is the topic, not 'sentiment'.

I fail to see how their change in tactics is irrelevant to how they would fair in a recession?

It’s been going on 20 years…by the way

 

[Sirwalterraleigh]

I didn't say it fixes anything. I said its more profitable.

For how long?

Yes…that’s a real question.

 

[Kamikaze]

I fail to see how their change in tactics is irrelevant to how they would fair in a recession?

It’s been going on 20 years…by the way

You fail to see a lot of things.

For how long?

Yes…that’s a real question.

How long will it be more profitable to sell LL's over food? Always. You're welcome. Again, they want both. But they will always take the LL first and make that the priority.

 

[Jrb1979]

You fail to see a lot of things.

How long will it be more profitable to sell LL's over food? Always. You're welcome. Again, they want both. But they will always take the LL first and make that the priority.

The bigger question is it sustainable?
Of course it's more profitable to sell LLs over food. To make food very profitable they need 2019 attendance

 

[larryz]

I'm convinced Disney despises their AP holders.

Actually, they LOVE the annual passholders, as long as they don't come to the parks more than once or twice a quarter.

 

[Sirwalterraleigh]

You fail to see a lot of things.

How long will it be more profitable to sell LL's over food? Always. You're welcome. Again, they want both. But they will always take the LL first and make that the priority.

Another question? How many Disney parks recessions have you seen? It’s important context for understanding snit that doesn’t seem to have a basis…

 

[Kamikaze]

Another question? How many Disney parks recessions have you seen? It’s important context for understanding snit that doesn’t seem to have a basis…

I’ve been on this site longer than you. I was here when they stole Martin’s drawings for a shirt. I was ... bluer ... back then.

Also, if you read my original post in this thread, I posit that the parks are largely recession proof for the reason they pull the levers to make them that way.

 

[Kamikaze]

The bigger question is it sustainable?
Of course it's more profitable to sell LLs over food. To make food very profitable they need 2019 attendance

Sustainable? Sure. They've yet to even start messing around with lowering the pricing on LL (MP or SP) in any meaningful way - not referring to the seasonal pricing. If they were worried about the sales, they could easily knock $10 off the daily price to sell more and still make tons of money. But they've yet to even broach that subject.

 

[Sirwalterraleigh]

I’ve been on this site longer than you. I was here when they stole Martin’s drawings for a shirt. I was ... bluer ... back then.

Great…but that wasn’t my question

So like the bush 1 or the bush 2 crash? Reagan 81?

Also, if you read my original post in this thread, I posit that the parks are largely recession proof for the reason they pull the levers to make them that way.

Well that’s the thing…we don’t actually know anymore. It’s all conjecture.

We’ll likely get an answer. In a way…Wdw is in a recession…but without a key ingredient: the recession part. That’s a bit troubling

 

[Kamikaze]

Great…but that wasn’t my question

So like the bush 1 or the bush 2 crash? Reagan 81?

You're being disingenuous as always. You know full well that there was no discourse about such things in any meaningful way until the mid to late 90s, which means 9/11 and forward are the only recessions that could have been discussed in this way. And the numbers were never dissected in the way they are now.

Well that’s the thing…we don’t actually know anymore. It’s all conjecture.

We’ll likely get an answer. In a way…Wdw is in a recession…but without a key ingredient: the recession part. That’s a bit troubling

It's only conjecture according to you.
They're only 'in a recession' according to you.

Regardless of your alt-facts opinion, they did have a substantial increase in profit in the last reported quarter.
You can say all you want that their future guidance/projections/statements are BS or will change, but you can't say that they're wrong until they're proven wrong.

 

[Jrb1979]

You're being disingenuous as always. You know full well that there was no discourse about such things in any meaningful way until the mid to late 90s, which means 9/11 and forward are the only recessions that could have been discussed in this way. And the numbers were never dissected in the way they are now.

It's only conjecture according to you.
They're only 'in a recession' according to you.

Regardless of your alt-facts opinion, they did have a substantial increase in profit in the last reported quarter.
You can say all you want that their future guidance/projections/statements are BS or will change, but you can't say that they're wrong until they're proven wrong.

According to you and others, everything is fine at the House of Mouse. Yes the made 3 billion dollars profit but the bigger issue is that attendance is down a lot since 2019. You can't keep raising prices to keep increasing profits. They already are pricing people out now and it's going to get worse the more they increase prices.

The parks were made for big crowds. It's how food and merch make their money. They need high volume of sales to make big profits.

 

[mkt]

Actually, they LOVE the annual passholders, as long as they don't come to the parks more than once or twice a quarter.

There's no hate like a Fortune 50 corporation's love.

 

[Smooth]

MSN

 

[Kamikaze]

According to you and others, everything is fine at the House of Mouse. Yes the made 3 billion dollars profit but the bigger issue is that attendance is down a lot since 2019. You can't keep raising prices to keep increasing profits. They already are pricing people out now and it's going to get worse the more they increase prices.

The parks were made for big crowds. It's how food and merch make their money. They need high volume of sales to make big profits.

I never said 'everything is fine'. Not even close.

Are they pricing people out? Do you have proof of that? Disneyland is screaming busy, among the busiest its ever been month after month, and its in one of the highest CoL areas in one of the highest CoL states.

There are other factors that affect WDW besides purely price.

 

[Kamikaze]

There's no hate like a Fortune 50 corporation's love.

The love of a property's fandom has to be up there.

 

[mkt]

The love of a property's fandom has to be up there.

It's a mutual love between the fandom and the owner of the IP.

 

[Sirwalterraleigh]

You're being disingenuous as always. You know full well that there was no discourse about such things in any meaningful way until the mid to late 90s, which means 9/11 and forward are the only recessions that could have been discussed in this way. And the numbers were never dissected in the way they are now.

It's only conjecture according to you.
They're only 'in a recession' according to you.

Regardless of your alt-facts opinion, they did have a substantial increase in profit in the last reported quarter.
You can say all you want that their future guidance/projections/statements are BS or will change, but you can't say that they're wrong until they're proven wrong.

So only post 2000 matters? Right…got it.

 

[Kamikaze]

So only post 2000 matters? Right…got it.

Yeah, do you know why? The parks were a completely different animal before that. There wasn't a real recession in the 1990s to even consider.

Then you're back in the 80s. Were you around in the 80s to look at what happened? No. But do you know why its also invalid? They weren't treated the same way. They weren't anywhere near as popular. Did you know that even into the mid 80s, Disneyland wasn't even open every day of the week during the slower months?

How the parks did during a recession 30+ years ago is completely irrelevant. And you 100% know that. But anything to try and make a bad point is fine with you.

 

[Sirwalterraleigh]

Yeah, do you know why? The parks were a completely different animal before that. There wasn't a real recession in the 1990s to even consider.

There was in fact a “real recession” in the 90’s…but I guess that was long ago that it’s the stuff of myth?

Then you're back in the 80s. Were you around in the 80s to look at what happened? No. But do you know why its also invalid? They weren't treated the same way. They weren't anywhere near as popular. Did you know that even into the mid 80s, Disneyland wasn't even open every day of the week during the slower months?

Yeah…actually …I’ve been accused of being every age from 19 to 85 round here…so I’m somewhere on that spray chart

I’m aware of Disneyland’s ops history…not my side of land mass…but still understand what happened (more below)…
I was there a few weeks ago…it was “moderate” I’d say…not really packed by any stretch

I’m fully expecting I’ll find Florida in the same state I left it when last was…eerily light

How the parks did during a recession 30+ years ago is completely irrelevant. And you 100% know that. But anything to try and make a bad point is fine with you.

Proportionally…the market has grown on roughly a 45 degree angle over their history…which is consistent with frequency of travel. Flights, hotel development, number of raw tourists traveling to “destinations” as opposed to local/regional spots. It correlates far more than you were mistakenly told…if not perfectly