GhostHost1000
Premium Member
You really need to take off the goofy glasses and see the reality and trends of things at the parks.
We all want the best, but what they do isn’t always the best whether you want to pretend it is or not.
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Is attendance really down at WDW this or…
- Thread starter coachb
- Start date
We all want the best, but what they do isn’t always the best whether you want to pretend it is or not.
el_super
Well-Known Member
2023 parks revenue peaked at $32.5B even while people here kept insisting the attendance being low was somehow a bad thing. 2024 has been trending even higher than 2023. Sure it may soon be reaching it's end, but there hasn't been any alarm bells ringing just yet.
el_super
Well-Known Member
What do you think will happen once Josh is named CEO?
GhostHost1000
Premium Member
Josh and his tight pants won’t be named CEO
GhostHost1000
Premium Member
Trust me. There are alarm bells going off with the forecasted trends
el_super
Well-Known Member
It could happen. He's seriously in contention. The CEO race is definitely one of those park trends you need to stay mindful of.
Maybe... but only if it's like a soft chime. Maybe like when you leave your car door open.
I'm sure they are far more worried about shifts in the US economy and the strength of the dollar abroad and the continuing weather situation than they are on how many Encanto characters they have in the parks.
GhostHost1000
Premium Member
¡Celebración Encanto! Stage Show Debuts at EPCOT
¡Celebración Encanto! Stage Show Debuts at EPCOT
www.wdwmagic.com
Everybody knows a successful business is offering multiple discounts for extended periods of time when things are going great! Ignore the statements during the past few quarterly meetings that attendance in Florida is down. Ignore the basic math that if you charge more at the gate but attract fewer people, revenue will drop. Obviously WDW is doing gangbuster business right now and we're all just too blind to know it and only one poster knows the real story.
Splash4eva
Well-Known Member
Exactly altho i dont agree with their logic because all they needed to do was expand and charge more and everyone would stillkeep coming and paying as they has one of the biggest brand loyalties around now not so much. The people who did come were people who didnt kind paying but now we are seeing some of them jumping ship elsewhere due to the lack of care and cutting every possible corner
Lower attendance in 22' but higher revenue clearly states that even with lower attendance guests will continue to spend even with higher pricing.
GhostHost1000
Premium Member
post Covid surge is over
el_super
Well-Known Member
Name a year they didn't offer discounts.
GhostHost1000
Premium Member
Name a year that offered this many with as many rooms allocated for the discount even while some wings are closed
el_super
Well-Known Member
And? The first two quarters of FY24 were trending higher than FY23. Even if it starts to taper off in Q3 and Q4, it's most likely going to be comparable year over year, and a huge win for Josh.
GhostHost1000
Premium Member
Josh? What has he done
Vegas Disney Fan
Well-Known Member
In the short term.
That strategy worked well coming out of a pandemic, people had been stuck in their homes for a year and were willing to overpay for a vacation… that was 3 years ago though, most people have taken their “revenge” trip and reality is setting back in, what worked post pandemic isn’t likely to continue to work long term.
LSLS
Well-Known Member
That is NOT the case at WDW. You are using the attendance at WDW, and then using the entire division to show the profits. How many more cruisers were there? How many more attended the other parks? Apples to apples is that attendance is DOWN at WDW, and revenue is DOWN at WDW. We don't know how much because they would never show that, but they straight said that was the case in their quarterly reports.
el_super
Well-Known Member
Literally... record breaking profits. This has been the problem with this thread since the beginning. Some want the lower attendance to be a referendum on the subjective quality of the experience, but it isn't. So they have to ignore the objectively good financial results the division has been posting.
In the past, they used discounts and annual passes to smooth out the extremes in attendance shifting, but without those discounts in place, you're going to see a general return back to the cyclical nature of the resort. Instead of going once or twice a year, maybe they extend that out to one trip every three or four years. That's definitely in the math for lowering the attendance overall.
People can really only stay away for so long.
el_super
Well-Known Member
Actually that was part of my point: either they have figured out how to get more from less, or WDW just isn't all that important to their numbers anymore.
