Thanks to you both! I couldn't remember if room nights were counted even if out of the pool or not, obviously they are.
Yeah, I'm fairly sure the hubris inside Burbank during that time meant there was the belief that there were no price ceilings and demand would never wane. Covid is no excuse - They had plenty of time to knock the public's socks off for the 50th and they could not have missed the mark more than they did.
Personally, I think Universal is moving the see-saw closer to even tilt, if not even slightly in their favor, with EU. As long as they don't bungle the launch, of course. Bob and his Blue Ocean beliefs are going to hurt WDW for the next decade.