Attendence falls at WDW per lastest earnings release...

eh, I see this as good news....for us. Hopefully maybe they will pay attention to numbers and re-evaluate what they are doing with the parks and look for new additions besides the FLE.
 

cowanfamily

Well-Known Member
I can't believe I just read this entire thread. Disney is a business. They won't make any rash decisions base off of these numbers. They will make some changes, nothing drastic though, their numbers will go back up and order will be restored to the universe.

I like Universal, it's a 2 day trip at most. It will take decades for them to expand to the point of toppling the WDW empire. Disney has history on it's side. Harry Potter as great as he may be, will eventually fade to the next child fantasy superstar.
 

powlessfamily4

Well-Known Member
Some of you are looking at WDW through "rose colored glasses." You need to look at the larger picture pertaining to Parks and Resorts.

Here is another quote from the (just released) earnings statement.

"Higher operating income at our international resorts reflected increased attendance and guest spending at Hong Kong Disneyland Resort and Disneyland Paris."

Now why is WDW the only Park showing marked deceases??? The answer is there if you've spent any quality time at WDW over the past 10 years or so. The quality of WDW has diminished greatly and the offerings have become slimmer and slimmer. I'll take lights of Winter at Epcot as a good example and that's merely one of a hundred other items I could mention. The list of venues that WDW management has eliminated is overwhelming but that needs its own thread.

I firmly believe that repeat visitors just don't see the value at WDW that they once did. Most other posters here have already pointed that fact out.


Sorry Sir, I wear contacts.
 

jakeman

Well-Known Member
Just a little math based on the numbers that are being thrown around:

A 36% increase in attendance is much easier to manage and looks more impressive for Universal than the same increase in actual bodies would for Disney.

If you increase 1 to 2, that is a 100% increase, if you increase 10 to 11, it's only 10%.

That is not to diminish what Uni has done. Potterland is a great product and worthy of some praise.

Additionally, while a decline of any sort is an issue, the fact that the quarter is one week shorter should be taken into account.

A quarter is routinely 13 weeks. If this one was 12 then you are looking at almost 8% of your quarter missing. That's not an insignificant amount.

The fact that comparative to the other parks that WDW didn't increase is an issue (especially DLR) is a cause for concern. I'm not sure the sky is falling quite as much as people hope.
 

Studios Fan

Active Member
^ Good points. As others have said, it is not a shock that Disney dropped. It is partly because of Potter and partly because Disney hasn't built anything and partly because of the missing week. What I would be more interested to see is a breakdown between the four WDW parks. One would assume that DAK and DHS have probably suffered more.
 

SeaCastle

Well-Known Member
I'm surprised nobody has mentioned anything about Tokyo Disneyland's declining attendance over the years. It used to surpass the Magic Kingdom itself.
 
These figures also included ESPN numbers, they stated that they had some kind of payout related to ESPN that helped to lower the numbers. Spmeone said 60 million in one week was impossible. Stop it! With advertising dollars from ESPN that is probably easy. There comes a point when they have to stop building so much and make money back. They did that and now are working on FL. What more does everybody want, Disney to go broke just to make us happy?
 

lightning509s

New Member
Original Poster
It's quite obvious that several posters here have forgotten about the early 80's when the company was near bankruptcy. Roy Disney Jr. led the ouster of, then CEO Ron Miller, and brought in Mike Eisner and Frank Wells to run the company. From near Bankruptcy, Mike and Frank grew the business exponentially until Franks untimely death in 1994.

My point being, if Mike and Frank could resurrect this company when there was little to no cash to work with, beyond the partnerships, increased parks and resort pricing and cost cutting initiatives they undertook, current management should be able to catapult this company to levels beyond imagination.

Please keep in mind, as well, that the parks and resorts saw growth at an unparalleled level during this time frame.

In conclusion, for all of you that think Disney, WDW in particular, is picture perfect...You should have been around during the resurgence era between 1984 and 1994. Those were truly glory days for the WDW complex!
 

Testtrack321

Well-Known Member
Just a little math based on the numbers that are being thrown around:

A 36% increase in attendance is much easier to manage and looks more impressive for Universal than the same increase in actual bodies would for Disney.

If you increase 1 to 2, that is a 100% increase, if you increase 10 to 11, it's only 10%.

That is not to diminish what Uni has done. Potterland is a great product and worthy of some praise.

Additionally, while a decline of any sort is an issue, the fact that the quarter is one week shorter should be taken into account.

A quarter is routinely 13 weeks. If this one was 12 then you are looking at almost 8% of your quarter missing. That's not an insignificant amount.

The fact that comparative to the other parks that WDW didn't increase is an issue (especially DLR) is a cause for concern. I'm not sure the sky is falling quite as much as people hope.

I love numbers!

1999 Numbers
Magic Kingdom 15,200,000 -2.8%
EPCOT 10,100,000 -4.6%
Disney-MGM Studios 8,700,000 -8.1%
Disney Animal Kingdom 8,600,000 +43.3%
Islands of Adventure 3,400,000 N.A

2001 Numbers
Magic Kingdom 14,700,000 -4%
EPCOT 9,000,000 -15%
Disney-MGM Studios 8,300,000 -6%
Animal Kingdom 7,700,000 -7%
Islands of Adventure 5,500,000 -8%

According to WDWMagic attendance went down nearly 12% between 2008-2009 for IoA to 4.62 million. Attendance won't go up 36% year over year, but lets pretend it does. That'll be 6.28 million.

That's still less than all of the Disney parks. And those 1.6 million new guests don't explain the larger loss of guests from the Disney parks. Nor does it benefit them if all this attendance comes at the loss of UO attendance.

Last year according to wikipedia Universal had nearly 1.5 million loss of attendance, and the same losses year over year. 36% increase is great, but not world shattering.
 

lightning509s

New Member
Original Poster
Last year according to wikipedia Universal had nearly 1.5 million loss of attendance, and the same losses year over year. 36% increase is great, but not world shattering.

Great #'s, but the point has been missed...Universal took the initiative and countered their decline with an elaborate, multi-million dollar, addition. What has WDW done to counter their decline except add more DVC resorts...
 

jakeman

Well-Known Member
Great #'s, but the point has been missed...Universal took the initiative and countered their decline with an elaborate, multi-million dollar, addition. What has WDW done to counter their decline except add more DVC resorts...
Just curious, when was the last time WDW saw a decline in attendance for a full fiscal year?
 

lightning509s

New Member
Original Poster
Just curious, when was the last time WDW saw a decline in attendance for a full fiscal year?

Good Question...Answer This year...

Also 2000 down .23% from 1999, 2001 down 6.59% from 2000 and 2002 down 9.32% from 2001.

Looking at the spread sheet, attendance started slipping again in '08 and '09 but no brainer there with the recession...

Remember when looking at these #'s, per the latest earnings release Disneyland and the foreign Disney parks and resorts saw increases in attendance. Let's keep our eye's on the target issue here which is "Why did attendance fall at WDW when all other Disney parks increased during the same time period?"

Check out this link...

https://spreadsheets.google.com/ccc?key=0AjsL9DI5I5dlcGxxMHh3NnlNc1NzLTNFSDJ2MkVLVXc&hl=en#gid=0
 

T-1MILLION

New Member
I can't believe I just read this entire thread. Disney is a business. They won't make any rash decisions base off of these numbers. They will make some changes, nothing drastic though, their numbers will go back up and order will be restored to the universe.

I like Universal, it's a 2 day trip at most. It will take decades for them to expand to the point of toppling the WDW empire. Disney has history on it's side. Harry Potter as great as he may be, will eventually fade to the next child fantasy superstar.

Yeah just like that 70s fantasy superstar series..ah dang what was the name...gah. STAR WARS that is it. Yeah, remember how that faded?
 

raven

Well-Known Member
Didn't read the entire thread but just wanted to inject a small section of the email that Bob Iger has sent out to the employees of the company:

"Our Parks and Resorts segment is also unveiling compelling new attractions and experiences. Since it opened last summer, World of Color, an amazing nighttime spectacular at California Adventure, has driven a 20% increase in attendance at that park. Once our Little Mermaid attraction and Cars Land open in the next couple of years, the new California Adventure will stand proudly alongside Disneyland Park, making our Anaheim resort an even more attractive family destination.
Our cruise business has delivered double-digit returns and has enhanced our reputation for delivering unparalleled family travel experiences. It’s notable that Disney Cruise Line was just named the best in the world by the readers of Condé Nast Traveler. And that’s before the first of our two magnificent new ships, the Disney Dream, makes its maiden voyage in January, taking our cruise offering to a whole new level and to new and exciting destinations."
 

BrerFrog

Active Member
Didn't read the entire thread but just wanted to inject a small section of the email that Bob Iger has sent out to the employees of the company:

"Our Parks and Resorts segment is also unveiling compelling new attractions and experiences. Since it opened last summer, World of Color, an amazing nighttime spectacular at California Adventure, has driven a 20% increase in attendance at that park. Once our Little Mermaid attraction and Cars Land open in the next couple of years, the new California Adventure will stand proudly alongside Disneyland Park, making our Anaheim resort an even more attractive family destination.
Our cruise business has delivered double-digit returns and has enhanced our reputation for delivering unparalleled family travel experiences. It’s notable that Disney Cruise Line was just named the best in the world by the readers of Condé Nast Traveler. And that’s before the first of our two magnificent new ships, the Disney Dream, makes its maiden voyage in January, taking our cruise offering to a whole new level and to new and exciting destinations."

No love for WDW?
 

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