The fact that Disney keeps pushing lightning lane and timeshares, and that their “expansions” in Florida tend to be replacements indicates to me that they are sensing a ceiling to how much they can squeeze out of WDW. A mushy ceiling, granted, they’ll keep squeezing forever. It’s not like they are going to abandon their crown investment. And yes, DL and the CA audience has proven worthy of genuine expansion which will happen over the next few decades.
But they know that Wall Street expects bigger revenue streams to be added.
Now it used to make more sense to open a new park internationally roughly every 10 years than open a new domestic resort. But, given the turbulence in world events and world economies, I think it makes plenty of sense for new domestic opportunities to be developed.
But at what scale? They’ll never build another WDW-sized resort ever again. Possibly a Shanghai style resort, but also unlikely. If it’s still castle park in style, it would be Hong Kong in scale.
Could it theoretically be even smaller and yet avoid seeming like it’s half baked?
How would it feel to go to a park that’s just ONE land, a shopping district and a hotel, but the land is lush and immersive? The quality associated with the Disney brand would still be there, but let’s say the ticket price was half of what DL/WDW’s are. Could work.
(That’s the other thing that Disney has to grapple with: Fewer and fewer Americans are able to afford a DL/WDW trip. Since the parks are so close to capacity already, lowering prices isn’t the answer. But building a smaller less expensive park could do the job.)