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I mean, the natural state of the business means that expansion must continue until they ultimately cannot due to some sort of limitation, whether it be physical (e.g. running out of land, which they haven't) or behavioral (e.g. in the case of WDW, we've hit the maximum vacation length the average visitor is willing to allow).
I'd argue a third park is inevitable. The question isn't if, it's a matter of what kind of park, when, etc.