Prices up…profits down…

[Sirwalterraleigh]

You could remove studio entertainment revenue/operating income and the media side still would consistently have brought in more operating income prior to 2020.

Have you noticed the costs of things since 2020?

 

[Sirwalterraleigh]

No, no it isn’t. I’m often on your side.

Never once did “Bob” leave my mouth in this thread. I’m not surprised it has left yours, you are obsessed.

But you absolutely cannot read my posts without misassigning me talking points. Stop and for once slow down to read what I say without inaccurately filling in the blanks. I’m attacking this bad journalist.

I don’t think you’re doing it purposefully…but often your comments in these types of affairs read like Corporate jargon or Bob’s script for the weekly cnbc interview…

I’ll advise that they are NOT required to tell the truth…and never have been.

This management is on a clock and they really don’t care if the rest of the forest burns down after they take a couple of trees. That’s what we are saying. They have problems…and the main one is Wall Street - drunken sailors on shore leave - is not buying it. They are way under the market…frankly the posterchildren for it.

But why post an article if you are not willing or able to discuss it?

See above

 

[Chi84]

I don’t think you’re doing it purposefully…but often your comments in these types of affairs read like Corporate jargon or Bob’s script for the weekly cnbc interview…

I’ll advise that they are NOT required to tell the truth…and never have been.

This management is on a clock and they really don’t care if the rest of the forest burns down after they take a couple of trees. That’s what we are saying. They have problems…and the main one is Wall Street - drunken sailors on shore leave - is not buying it. They are way under the market…frankly the posterchildren for it.

See above

Putting aside the superfluous criticism of his posting style, what did @BrianLo say about the substance of the article that was incorrect?

 

[DisneyHead123]

What you can’t understand from the article, because she is trying to force a point is that OI domestically was up. International was down. Why? It’s basically explained that Paris collapsed that quarter with the Olympics. End of article; but she wanted to rant about WDW I suppose.

Globally - experiences remains 20% up over 2019, despite the large international decline.

Interesting. I was hoping for noteworthy resort discounts for our next trip as we’re visiting at an off time. They did dip briefly this fall (in addition to the typical non-peak-season prices) but not long after they actually raised resort prices a bit. Now when I’m looking at our dates, I’m seeing very little availability (not sure how much the “taking rooms offline” plays into that, but it doesn’t seem like they’re leaning into discount mode at the moment.)

 

["El Gran Magnifico"]

Interesting. I was hoping for noteworthy resort discounts for our next trip as we’re visiting at an off time. They did dip briefly this fall (in addition to the typical non-peak-season prices) but not long after they actually raised resort prices a bit. Now when I’m looking at our dates, I’m seeing very little availability (not sure how much the “taking rooms offline” plays into that, but it doesn’t seem like they’re leaning into discount mode at the moment.)

There’s plenty of availability. Just make sure you are a D+ subscriber. Once you are just ask for the special contract.

The one where you have to commit to 16 ADRs per year, Incredi-passes for the entire family, 3 Hard Ticket Events, 4 Commemorative Popcorn buckets, and pledge to never stray off-property under penalty of law.

Then you’ll see some rooms that “might” open up.

Sadly. I’m only half kidding.

 

[DisneyHead123]

There’s plenty of availability. Just make sure you are a D+ subscriber. Once you are just ask for the special contract.

The one where you have to commit to 16 ADRs per year, Incredi-passes for the entire family, 3 Hard Ticket Events, 4 Commemorative Popcorn buckets, and pledge to never stray off-property under penalty of law.

Then you’ll see some rooms that “might” open up.

Sadly. I’m only half kidding.

I am a D+ subscriber but unfortunately I started my D+ account under my junk email and have all my Disney vacation profile stuff under my “good” email. I once spent like two hours on the phone trying to get the email on the account changed and apparently it is literally impossible, so I tend to forget to check for D+ deals.

 

[monothingie]

Putting aside the superfluous criticism of his posting style, what did @BrianLo say about the substance of the article that was incorrect?

It's a convoluted interpretation of the reported results. Everything is not fine here, specifically with domestic parks, specifically with WDW.

The modest increase in profits for domestic parks were solely due to price increases and further monetization of guest activities. This is covering up for the lack of organic growth and the drop brand sentiment. Further the trend lines are all going to the wrong way on this as we go into 2025 and 2026.

 

[Nubs70]

Prices up.... Profits down?

Demand elasticity and inflationary pressure.

Price point has caused reduced attendance...
Inflation has caused an increase in COGS.

Experiences is getting it from both ends

 

[Indy_UK]

Profits down but attendance isn't really down as a result is it?

 

[Chi84]

It's a convoluted interpretation of the reported results. Everything is not fine here, specifically with domestic parks, specifically with WDW.

The modest increase in profits for domestic parks were solely due to price increases and further monetization of guest activities. This is covering up for the lack of organic growth and the drop brand sentiment. Further the trend lines are all going to the wrong way on this as we go into 2025 and 2026.

I appreciate the response. But one can agree with everything you've said (I do) and still criticize a particular article for being poorly analyzed. This has nothing to do with the substance of the article, but it's hard for me to read past "It's operating income was . . ."

I've called out Disney management for short-sightedness several times, especially for making Disney pretty much inaccessible for younger families who prefer to save their money and let it grow than spend it on luxury-priced vacations (note I didn't say luxury).

My family recently returned from a WDW trip. There were 10 of us (6 adults, 2 children and 2 infants). We had a great time, but people likely wouldn't believe what it cost for that to happen. When DH and I are no longer willing or able to go, Disney will lose the entire family.

Disney may course-correct in time but I doubt it.

 

[Ayla]

I appreciate the response. But one can agree with everything you've said (I do) and still criticize a particular article for being poorly analyzed. This has nothing to do with the substance of the article, but it's hard for me to read past "It's operating income was . . ."

I've called out Disney management for short-sightedness several times, especially for making Disney pretty much inaccessible for younger families who prefer to save their money and let it grow than spend it on luxury-priced vacations (note I didn't say luxury).

My family recently returned from a WDW trip. There were 10 of us (6 adults, 2 children and 2 infants). We had a great time, but people likely wouldn't believe what it cost for that to happen. When DH and I are no longer willing or able to go, Disney will lose the entire family.

Disney may course-correct in time but I doubt it.

I think the true test in your case is whether your children are willing to pay their own way for a Disney vacation.

 

[Disstevefan1]

Sort of related, I was in EPCOT yesterday and wanted a EPCOT hat, there were TWO to choose from.

Neither one I liked, so they lost a sale there.

Side note - Also NO specifically Mission space hats in Mission Space. Another sale lost.

Maybe I am mis remembering but I thought there used to be a WALL of hats of all kinds to choose from in what used to be Mouse Gear for example.

 

[Chi84]

I think the true test in your case is whether your children are willing to pay their own way for a Disney vacation.

They are not.

 

[jloucks]

younger families who prefer to save their money and let it grow than spend it on luxury-priced vacations (note I didn't say luxury).

Quoted for truth.

WDW is a luxury-priced vacation, but it is not, in fact, a luxury experience. Sooner or later, that was bound to catch up.

Ditching the Magical Express and packing the parks to the gills were my personal dealbreakers related to this phenomenon.

Reportedly attendance\demand is down now. The only solution would be textbook solutions to low demand.

 

[Goofyernmost]

…a strict “law and order” kinda place

Even if it wasn't a law, it is a major safety risk as well as taking up room where another person could have had the space to ride. In the case of an accident an open stroller would stop some people from getting out of a bus that is burning. Other than vehicle to vehicle accidents, that is the most likely thing to happen to a bus.

 

[Phonedave]

WDW is a luxury-priced vacation, but it is not, in fact, a luxury experience. Sooner or later, that was bound to catch up.

This is my new catchphrase.

 

["El Gran Magnifico"]

WDW is a luxury-priced vacation, but it is not, in fact, a luxury experience. Sooner or later, that was bound to catch up.

Bingo! We have a winner.

 

[yensid1967]

At HS, was useful, but what was annoying was getting there right at opening only to have Rise be down, and it didn't get back up till nearly 4PM. I can't say that is a great ride because great rides run better and aren't always broken down.

They should give a partial refund

Disney's nickel and diming is catching up to them. Keep raising prices and your profits will continue to go down, people will go elsewhere.

This is why we are NOT going to Disney other than a Halloween Party! It's not worth the price anymore! We can get a better bang for our bucks from Universal and Sea World and Wild Florida!

****I NEVER thought the day would come that I would DISLIKE Disney so much. And that is coming from a former Cast Member! It's a sad day, but its Disney's fault. The Imagineers are OUT OF TOUCH...wanting to put CARSland in Magic kingdom only to ruin the Rivers of America, Frontierland and Liberty Square.

 

[John park hopper]

They should give a partial refund

This is why we are NOT going to Disney other than a Halloween Party! It's not worth the price anymore! We can get a better bang for our bucks from Universal and Sea World and Wild Florida!

****I NEVER thought the day would come that I would DISLIKE Disney so much. And that is coming from a former Cast Member! It's a sad day, but its Disney's fault. The Imagineers are OUT OF TOUCH...wanting to put CARSland in Magic kingdom only to ruin the Rivers of America, Frontierland and Liberty Square.

with you 100%

 

["El Gran Magnifico"]

They should give a partial refund

Disney? Yeah, right.