I don't know how you spin this as anything other than what it is, it's not because they want to leave the place shut down for a refurb. This is the Poly. It's a core deluxe property. They bent over backwards just a few years ago to keep it online with massive renovations.
This isn't at all like 2002 when Port Orleans was taken off-line, or like in 2008 when there were systemic 'refurbs' to portions of resorts around property to close-off buildings. This is the Poly. I mean, wow. This is perhaps one of the most mind-blowing indicators yet to me that TWDC's read on future bookings is nothing short of dire.