It's not that CEO Bob Iger doesn't believe there is competition; he simply believes in not competing.
This is all part of the Blue Ocean Strategy philosophy. Competition is bad. Competition leads to industrial wars. Competition costs money. Competition must be avoided.
That's one of the reasons why NextGen was so popular when it was first evaluated. It was "next generational". It didn't try to do business the old-fashioned way by earning the customers' money. It tried to separate WDW from the pack and create an entirely new market, a market not based on theme park attractions but on customized vacations. By being able to provide customizable vacations, Disney could achieve price discrimination (a.k.a. charge each customer the absolute most possible).
But, like everything at WDW, it all comes down to capacity. WDW simply doesn't have enough good ride capacity to achieve NextGen's goals. They have 3 theme parks that don't have enough popular attractions to keep guests occupied for an entire day.
With Carsland, Disney achieved a pretty good balance between DLR's two theme parks. However, WDW is a mess.
Iger still doesn't understand that WDW has 1 theme park that's equivalent to DL and 3 theme parks that are equivalent to the old DCA.
WDW needs to seriously invest in Epcot, DHS, and DAK, not be distracted by MyMagic+.
Always, always, love your posts.
The more I learn about the system, their initiatives, and having recently lived through a lousy MM+ experience of my own, the less I like it. It's really interesting too, as I share information with my DD7, she tells me that maybe we should try and go someplace different on vacation next time, as it sounds like it's just not going to be as much fun to go to WDW anymore.
We did get to use both the FP+ and legacy systems, but honestly, with the exception of TSMM, having the FP+ on the bands really didn't give us any advantage...it was really more of a pain in the rear making sure that we remembered to be where we were scheduled to be, and removed the fun of being spontaneous around the parks. And now that they are putting the tiers into place...well, count me out.
What they've really missed while trying to create 'customized' vacations, is that they are only creating 'fully scheduled' theme park attendance days. There is no vacation involved any longer. Now, you have to plan, plan, plan, and plan, and then when you get there...you have to keep planning...
I've been going to WDW since 1978. For the first time in my life, I'm not sure when, or if, I'll be going back. Will I do any other Disney vacations? Maybe. I'd like to see Disneyland, and I'm contemplating a Disney cruise, due to the accolades I see on here, but if we ever return to Orlando, it'll likely be a single day at the MK (if at all) and a full week enjoying Universal, SeaWorld, etc.
Between the MM+ fiasco, the continual degradation of the food service quality, and all the other issues that we all debate passionately here...well, it's just sad what's happened at WDW over the last several years.
Sorry if my post is a bit scattered...I'm still very upset at everything that happened during our most recent visit! But, again, love your posts, and enjoy the insight you share.