Everyone is saying "Disney can raise prices all they want, there will still be rubes willing to pay… It won't matter if you vote with your wallet and take your vaca dollars to Universal instead, because someone else will happily take your place…"
Reeeeally? I'm surprised nobody has talked about "bad word of mouth" yet. That is something ANY company should be afraid of. All it takes is one family to come back home from their WDW trip and spew all of the ridiculous things they had to put up with to their friends, family, coworkers…
"It was insanely expensive! Even the food was horribly overpriced and it was GARBAGE! The rides were okay but seemed like they'e been sitting there for decades; some parks only had, like, five rides! The lines were too long… Hour and a Half line to meet a princess character!? And this magic band nonsense! We just wanted to go on some rides, not wait in lines to PLAN our day!"
I'm assuming this has been happening for years with dissatisfied customers returning from their (probably 1st,2nd, or 3rd) WDW visit and letting everyone in their lives know it wasn't worth it. And now that there's this Magic Band crud ruining people's vacations since december of last year, I'm sure that has only amplified bad word of mouth.
Meanwhile at Universal…