Is attendance really down at WDW this or…

[wdwmagic]

Disney Expects Softer Attendance Trend To Continue at Walt Disney World and Disneyland​

Disney Expects Softer Attendance Trend To Continue at Walt Disney World and Disneyland

Disney Expects Softer Attendance Trend To Continue at Walt Disney World and Disneyland

www.wdwmagic.com

 

[el_super]

I’m advocating for better leadership and management.

To do what? Improve shareholder value or improve customer value? Revenue being up, and OI being down is a sign that they are spending MORE on the parks product, and you think that's a bad thing? Pick a lane already.

If the parks are the money maker, why have they not been investing more. The next 3-5 years are not going to be good for domestic parks

Entirely possible. If the country (or the world) enters a recession, things are going to be bad for everyone. Disney doesn't really have any control over that though.

 

[LSLS]

LOL, remember when people were saying "I visited and it was packed as ever." Can't wait to hear more about how attendance isn't really down.

 

[el_super]

LOL, remember when people were saying "I visited and it was packed as ever." Can't wait to hear more about how attendance isn't really down.

I thought it was posted earlier here that attendance for the year is still up? Makes sense that some times would be busier if other times are lean.

 

[Lilofan]

Disney Expects Softer Attendance Trend To Continue at Walt Disney World and Disneyland​

Disney Expects Softer Attendance Trend To Continue at Walt Disney World and Disneyland

Disney Expects Softer Attendance Trend To Continue at Walt Disney World and Disneyland

www.wdwmagic.com

When comments like" opportunity to do more with less " that's reality in the everyday workforce.

 

[John park hopper]

So Bob where are you going to cut costs, lower food portions, reduced quality, less landscaping, less maintenance, cut staffing more, cut "free"perks, cut park hours

 

[GhostHost1000]

To do what? Improve shareholder value or improve customer value? Revenue being up, and OI being down is a sign that they are spending MORE on the parks product, and you think that's a bad thing? Pick a lane already.




Entirely possible. If the country (or the world) enters a recession, things are going to be bad for everyone. Disney doesn't really have any control over that though.

Spending more is not buying more things. It’s paying more because the costs are so high and continue to go up while offerings and quality continue to decline

Disney has entered their own recession when it comes to the US parks. By their own doing which they have/had control over.

 

[GhostHost1000]

When comments like" opportunity to do more with less " that's reality in the everyday workforce.

Except Disney is or was once known for quality. The cuts they have already made are not doing more with less, they are factoring into more not returning and less profit.

 

[el_super]

Spending more is not buying more things. It’s paying more because the costs are so high and continue to go up while offerings and quality continue to decline

Yes, as a statement of fact, spending more doesn't mean buying more things. In this case though the operating income isn't scaling with the increase in revenue, meaning they spent more money operating the parks in the last quarter. That's the reality of the situation: they are spending more money.

Insinuating that's a BAD thing is definitely a pro-shareholder/anti-consumer standpoint. If you want to advocate for increased offerings in the park, you need to SUPPORT these kind of results, less we be signaling a desire to see more cuts in the park to bring operating income back in alignment with revenue.

Disney has entered their own recession when it comes to the US parks. By their own doing which they have/had control over.

Yes, their own recession that is apparently also killing Comcast's theme park business as well. Quite cunning really. Who knew they were able to wield such power.

 

[GhostHost1000]

Yes, as a statement of fact, spending more doesn't mean buying more things. In this case though the operating income isn't scaling with the increase in revenue, meaning they spent more money operating the parks in the last quarter. That's the reality of the situation: they are spending more money.

Insinuating that's a BAD thing is definitely a pro-shareholder/anti-consumer standpoint. If you want to advocate for increased offerings in the park, you need to SUPPORT these kind of results, less we be signaling a desire to see more cuts in the park to bring operating income back in alignment with revenue.




Yes, their own recession that is apparently also killing Comcast's theme park business as well. Quite cunning really. Who knew they were able to wield such power.

Thanks for the insight Bob.
Are you dizzy from today’s spinning?

 

[Nubs70]

If the prices were not all jacked up and guests still willing to spend the revenue would be much lower. The higher pricing with lower attendance is a fact of life moving forward unless there is a change.

Once fixed costs are covered, every additional gate click is additional incremental income.

Experiences needs higher gate clicks that purchase high margin merch. If Experiences want to grow instead of optimize, they need to expand the parks.

 

[el_super]

Once fixed costs are covered, every additional gate click is additional incremental income.

No, costs increase with additional attendance.

Experiences needs higher gate clicks that purchase high margin merch. If Experiences want to grow instead of optimize, they need to expand the parks.

The parks don't NEED high attendance. This thinking is outdated. Don't make me go pull out the quotes from the Six Flags CEO again.

 

[el_super]

Thanks for the insight Bob.
Are you dizzy from today’s spinning?

So which is it that your advocating for? Shareholder Value or Customer Value? Shouldn't be a hard question.

 

[Grimley1968]

So which is it that your advocating for? Shareholder Value or Customer Value? Shouldn't be a hard question.

Why does there need to be a choice? Disney used to be great at consistently increasing both.

 

[Drdcm]

I’m wondering what temporary economic factors are causing people to travel internationally instead of visiting disneyworld. I mean, without the bs euphemisms… they’re losing customers. I think a better way to phrase it might we “we aren’t competitive anymore for vacation revenue”.

 

[Nottamus]

They’re already doing ‘something ‘ with less.

Is there still less to be found?

 

[Andrew C]

The parks don't NEED high attendance.

They didn't NEED to spend millions and take 5 years to tear down a building in Epcot only to rebuild a similar building, and add some lights in the concrete that don't work.

 

[GhostHost1000]

Why does there need to be a choice? Disney used to be great at consistently increasing both.

bingo... Disney is way more than just parks... but they can easily provide value and good experiences and products everywhere, but they no longer do in some cases, or at least like they once did. Most of that is their own fault

 

[el_super]

Why does there need to be a choice? Disney used to be great at consistently increasing both.

Not really.

I’m wondering what temporary economic factors are causing people to travel internationally instead of visiting disneyworld. I mean, without the bs euphemisms… they’re losing customers. I think a better way to phrase it might we “we aren’t competitive anymore for vacation revenue”.

Strong US dollar making international travel cheaper, and of course the Olympics are usually a big draw.

 

[GhostHost1000]

They’re already doing ‘something ‘ with less.

Is there still less to be found?

less attendance will be found if they keep this up