Is attendance really down at WDW this or…

Minnesota disney fan

Minnesota disney fan

Well-Known Member
LSLS said:
Sure, but Universal tickets cost MORE, I believe last I checked food costs MORE, and their fast pass system (while FAR superior) costs a LOT MORE. Now, to your point, the value has gone down INSANELY at Disney with what they have taken away (I'm still shocked at not having a thermostat that can get really cool, a fridge that can hold food or drinks, and no microwave personally) along with those increases, but I think Universal is showing that pricing beyond just value may be the largest issue going on around that area. Still waiting on these AECOM reports for 2023, I have a feeling Disney and Universal saw HUGE hits last year.
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Universal tickets may cost more, but you actually get to do everything in the parks without silly add on's like G+, LL, etc. You do get value for your money, IMO.
 
LSLS

LSLS

Well-Known Member
jpinkc said:
Ok I keep hearing that attendance is down, but whenever I peruse a Live Stream from the parks they dont look down to me? Is it just my jaded eyes LOL or is this really happening. I dont see the hotel and package prices coming down much if any.
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According to Disney themselves, revenue and attendance are both down at WDW.
 
BrianLo

BrianLo

Well-Known Member
lentesta said:
Also, I'm not sure Disney's in the same boat as Universal.

Quoting myself from April 22:


Two things:
  1. I am very comfortable with that ballpark estimate for FY24
  2. I think there's room to increase G+ revenue by adjusting daily pricing - there's a lot of money still on the table
Say what you (and I) will about park quality, Imagineering, hotel design, etc. These folks understand data and know how to do revenue optimization really, really well. They're quants who happen to make movies & TV shows, and run theme parks.

Comcast is doing the right things, but they don't yet possess the analytical capabililties of Disney.
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Dis is also more diversified out of Florida. DLR is bigger. HKDL has massive YoY gains and Paris continues puttering along. Plus cruises. They have more slack and will have to do a lot of the heavy lifting for the current sad status of Orlando parks.
 
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Lilofan

Well-Known Member
GhostHost1000 said:
not to worry... breaking news - new annual passholder magnet and exclusives coming to AK. The worries are over!

Is the stock going back up now?

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If numbers continue to trend down then what other companies do is what Disney has done in the past . It is called streamlining your business by restructuring. Many can read those tea leaves.
 
BrianLo

BrianLo

Well-Known Member
wannabeBelle said:
Flam Norway is pretty stunning as well, check out my view from there in May of this year: View attachment 803034
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I just missed you on the sister brand in June! Did you do the rail tour?

More photos for do things other than Florida support.

F10F42B7-14B1-4E7A-B34E-0DBCD9BC6439.jpeg
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ConfettiCupcake

ConfettiCupcake

Well-Known Member
lentesta said:
I mean, the other side of that is more people would require more labor and maintenance. Not only is it diminishing returns, but it's a slightly more crowded experience for each additional person in the parks. I'm sure they've modeled it.

Relatedly, one reason why the Four Seasons Orlando is > $1,200/night is that they're not chasing 80% occupancy. They're satisfied at a much higher price point, with much lower occupancy, and loyal guests who like the relaxed vibe. I have a friend who's a 4S member, and occasionally I tag along on a lounge-around-the-pool day. It's glorious.

I don't recall what Disney was offering during the 2009 downturn. I'm sure there were hotel discounts. Ticket discounts though?
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If memory serves 2009 or so had the buy 4 get 3 promo, and while not a direct ticket discount allowed people to buy 4 days of a package and get 3 free. I’d selfishly love things to be bad enough to see that one again!
 
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easyrowrdw

Well-Known Member
TheMaxRebo said:
A part of me does think back to when Disney was so worried about the crazy crowds for Galaxy's Edge that they had all these restrictions and then the crowds wound up staying away ... Could the same thing happen with EU?

Obviously people are excited for it but only so many hoops they will jump through and so much they pay - especially to do it more than once
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Disney only opened part of the land initially. But when Rise (the best part) opened in December it was much more crowded. People were showing up at Hollywood before 5:00am to get in for a Boarding Group. I think if Disney had opened everything together the crowds would've been much bigger. If Universal runs into similar issues with staggered or delayed openings, then I could see it winding up with softer crowds than anticipated.
 

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