No,...no,..no. I like the fun, irreverent, snarky, sarcastic "me" better. I have more fun with those posts than I do when I get serious. My serious posts are a downer....like this one.I like the more serious you! was just there yesterday and Epcot was pretty full, above normal but ive seen worse. We were going to go the Merry Christmas party at MK but at $210 a person, made me pause and do something else but guess what? it was sold out anyway without me, so people are paying for it. One thing to know is people are willing to pay for a premium experience, whether it be for a sporting event, airline seats or a vacation. I see it in places i used to go often but not anymore as they have priced me out. Little Palm Island is an example, great place but not worth $2500-$4000 a night but people are paying it. Disney realized they can do the same with less, offer premium experiences and higher food prices and if the attendance is down its better for them. Unfortunately for Disney, a lot of the people that are not there are at universal or other vacations (Europe, carribean , etc.) but when you lose these customers, hard to get them back and they realize there is another option...
Quick example of the parties over- Napa Valley Ca, was just there in October for harvest, one of their busiest times and the hotels were not full, nor the wineries. Inventories are not going down and they are just selling juice and grapes for below mkt to get rid of it. What happened? Napa priced themselves out as a bottle of cab is avg $100 or more and they are charging $150-$600 a tasting in some places and all the younger generation do not want to spend that money on wine and would rather drink spirits or go to other wine regions that are cheaper. Napa didnt see the change coming and got way over their skiis, Disney is starting to do the same.
I find this thing to very odd:
Many people started saying that Disney had lost touch with it's customers years ago and was beginning to go downhill. Many stated years ago that Burbank's political activism was hurting the brand and they even said that parks attendance was beginning to slow down in 2023.
Soooo many Disney fans accused these people of being Disney "haters" and "liars" that had "no clue" of what they were talking about. To large portions of Disney fans, everything was fine and Disney was in a SOLID market position. Burbank started to warn investors (for legal reasons, they need to be truthful) and wrote this in the official SEC filings to investors:
Disney told investors that the company's revenues and profits "are adversely impacted when our entertainment offerings and products, as well as our methods to make our offerings and products available to consumers, do not achieve sufficient consumer acceptance. Further, consumers’ perceptions of our positions on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely, and present risks to our reputation and brands."
Burbank was admitting their critics WERE correct! For multiple quarters, Burbank openly ADMITTED that parks attendance was slowing. They publically said this over and over again. Meanwhile, many, MANY fans said: "Nope, the parks attendance is perfectly FINE and anybody that says otherwise is a horrible, Disney-hating liar" People even said: "Parks are not slowing,..I was just there and it was PACKED, I saw it with my own two eyes,..so it's ALL just crazy un-true hater-talk"
Burbank has made this fact painfully clear that parks attendance is slowing down AND have even made predictions warning investors...in advance,..that their parks will be down in 2025. And yet again,...people will continue to refute this concept with every fiber of their soul. Do these fans really think that Burbank would lie to the world about this? Really? Why do so many Disney fans deny this concept: The parks ARE slowing down. This a 100% fact and it's OK for fans to finally accept this as a hard truth.
Parks attendance decline is an aggregated number based on weeks and months and quarters of calculations. It's also based on month numbers across different years. Example How did Oct 2024 compare to Oct 2023 or Oct 2022 or Oct 2021...etc. Nobody can go for a day or week and "see" those numbers from "their" individual trip. Nobody can "see" these numbers with their eyes in the parks that Disney collects
This is what I think: Burbank has been rotten for 5 years. (The downfall began before that,..right about when Fox was purchased) It's being run by people who do NOT love this company. They have made DOZENS of horrifically bad business decisions in the parks and in the studios. (Lucasfilm, Pixar and Marvel) They have WAY OVER-spent on Disney+....maybe 5 times more than they should have. They wrongfully expected it to be a giant money-maker and the exact OPPOSITE has happened. Burbank has taken the BEST money-maker they have,...the parks,..and CRIPPLED their ability to help the company in the future. They destroyed EPCOT first and now they are destroying Magic Kingdom next. (River of America and more) They have (supposed) "big turbo-charge" plans for the parks "tomorrow"...but no money yet for daily operations and proper maintenance of these parks TODAY.
Seriously Burbank?...if you have to SEVERLY over-charge slumping numbers of guests for everything and slash park maintenance?.... just to balance your books and keep profits FLAT?....how are you going to get the money to build all these billions in new park ideas in the future? Burbank needs to be CLEANED out. Put in new people that actually love the company and won't blow billions and billions on B.S. things that don't really help the company brand!!!
Uggg,...no more serious posts. I'm going back to the irreverent, snarky, sarcastic, fun "me".
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