Is attendance really down at WDW this or…

erasure fan1

erasure fan1

Well-Known Member
el_super said:
They kept pricing low because they were chasing a volume business. Cram as many people in as possible and if you can't fill it, sell discount annual passes and keep filling it.
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Pricing low? When was the last time they didn't outpace inflation by a lot with their price increases? Their strategy over the last 15+ years has been, let's see how far we can push price increases while lowering overall value, before the wheels fall off. There's not a trip that went by that we didn't spend significantly more than the last.

That said, my question was more about during that time, they made buttloads of profit. Yet we didn't see the reinvestment back into WDW. So I don't think you can really say that they're going to do all this stuff that gets announced at D23 because revenue is up. They had decades of huge profit and next to no extra capacity built. So why now do we think they'll do anything now?
 
Disstevefan1

Disstevefan1

Well-Known Member
erasure fan1 said:
Pricing low? When was the last time they didn't outpace inflation by a lot with their price increases? Their strategy over the last 15+ years has been, let's see how far we can push price increases while lowering overall value, before the wheels fall off. There's not a trip that went by that we didn't spend significantly more than the last.

That said, my question was more about during that time, they made buttloads of profit. Yet we didn't see the reinvestment back into WDW. So I don't think you can really say that they're going to do all this stuff that gets announced at D23 because revenue is up. They had decades of huge profit and next to no extra capacity built. So why now do we think they'll do anything now?
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I think pricing low for LL compared to Universals express pass.
LL is garbage but it lower priced garbage...
 
Nubs70

Nubs70

Well-Known Member
hopemax said:
Given all the stock talk, IMO it would be remiss is we didn’t at least mention Ike Perlmutter sold all of his 25.6 million shares. And some action is a result of that news. I would hope we wouldn’t use Ike Perlmutter as too much of a barometer.

Otherwise, carry on with the Disney management bashing!
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Yes, but the trend since April is going in a steady direction.
 
GhostHost1000

GhostHost1000

Premium Member
el_super said:
They kept pricing low because they were chasing a volume business. Cram as many people in as possible and if you can't fill it, sell discount annual passes and keep filling it.

Attendance gains and records in the last half of the 2010s were due to pricing strategy. Unless someone honestly wants to argue that MK hit 20 million guests a year, on the strength of New Fantasyland and Monsters Inc Laugh Floor.
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The value of Disney was way higher back then than it is today.
 
GhostHost1000

GhostHost1000

Premium Member
hopemax said:
Given all the stock talk, IMO it would be remiss is we didn’t at least mention Ike Perlmutter sold all of his 25.6 million shares. And some action is a result of that news. I would hope we wouldn’t use Ike Perlmutter as too much of a barometer.

Otherwise, carry on with the Disney management bashing!
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We could bash management all day regardless of stock price because of so many bad decisions over the years

Of course the stock price reflects that as well so
 
HauntedPirate

HauntedPirate

Park nostalgist
Premium Member
GhostHost1000 said:
The value of Disney was way higher back then than it is today.
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You mean back during the zero-interest decade when Disney cranked up the marketing machine to attract as many people as they possibly could on the back of years of QE, artificially low interest rates, and increased prices at every turn, particularly once $lappie was installed as the head of P&R? That checks out.
erasure fan1 said:
So what would be the reason the parks went stagnant for decades? All we received were some retheme/switch outs. All during a time of huge attendance and profits. By your statement we should have seen significant capacity increases by now. But it was close something to build something or retheme. All while diminishing the overall product. If D23 doesn't gove us concrete projects with time frames to open, and shovels in the ground dates, it will be an absolute embarrassment for the company in my opinion.
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No, no. Building more capacity just increases demand and creates more problems! Prices are too cheap and should be raised further to decrease the number of people in the parks!! Just ignore the realities of further price hikes decreasing revenue because you can't raise prices enough to compensate for the drop in demand. Haven't you been listening to the only person in the forums who knows anything about the parks??
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
el_super said:
They kept pricing low because they were chasing a volume business. Cram as many people in as possible and if you can't fill it, sell discount annual passes and keep filling it.

Attendance gains and records in the last half of the 2010s were due to pricing strategy. Unless someone honestly wants to argue that MK hit 20 million guests a year, on the strength of New Fantasyland and Monsters Inc Laugh Floor.
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They’ve had the highest pricing in the industry for 65 years, genius

Just one patently stupid comment after another
 
Dranth

Dranth

Well-Known Member
Iger has done plenty I don't care for but making Universal have such amazingly bad numbers that the whole sector takes a bath is not one of them. The market is currently pricing that in expecting the same for Dis.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
hopemax said:
Given all the stock talk, IMO it would be remiss is we didn’t at least mention Ike Perlmutter sold all of his 25.6 million shares. And some action is a result of that news. I would hope we wouldn’t use Ike Perlmutter as too much of a barometer.

Otherwise, carry on with the Disney management bashing!
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Peltz and Perlmutter look better by the day…no matter their true intentions

They said that Disney was underperforming and wanted access to the books to see why?


And here we are.

They made their perceptions reality
 
Dranth

Dranth

Well-Known Member
GhostHost1000 said:
Of course the stock price reflects that as well so
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No, it doesn't and I think this is something we all have internalized to some degree but people tend to forget.

The market could care less that we don't like Bob and/or many of the choices he made. They drove the stock up the whole time he was there implementing all the things we all claim to hate. They also punish the company for doing things like announcing they are going to spend money on the parks.

The market is not a representation of fans and their beliefs and if a new CEO came in tomorrow that said they were going to return street actors, hire more staff, increase hours, increase maintenance, increase food and merch quality, and build all new original capacity not based on any existing IP the stock would tank.

You know what they care about? Higher operating income, decreased costs, new revenue streams, increased profit margins, etc.

The market is NOT a fans friend. Sometimes their interest aligns but that can and does change at any moment.
 
JD80

JD80

Well-Known Member
So if Disney fired 10000 Cast Members and the stock rose 5 points would we be cheering here?

If Disney released the highest grossing animated film ever, but the stock rose would we be proclaiming the start of a new Disney era?

If Deadpool becomes the highest grossing rated R movie ever beating Joker, but the stock goes down still, will we be proclaiming the death of the MCU?

Stock prices are a stupid barometer for some of this stuff.
 

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