ford91exploder
Resident Curmudgeon
I have an excuse...I am a Disney apologist with a lot of emotional nostalgia built in, but what's the excuse for everyone else?
I'm frankly shocked that people haven't done more "voting with their wallets" and punish Disney, particularly for the EPCOT and DHS debacles of the last 10 years.
Now I know Universal has seen some nice gains, but Disney still grows their attendance to the point the parks are now almost literally bursting (thanks for not expanding more).
I strongly dislike Iger and his failed model of expansion in other parts of the world, focus on margin, and general auto pilot on WDW. Yet, he has been under watch as Disney World sets attendance records and the stock hovers near all time highs.
How is the consumer so resilient? Perhaps they just don't know what they're missing?
I think its because Disney is now running on the inertia of decades of stellar service and quality and people STILL associate a Disney vacation with those qualities.
The reality is that for the past dozen years Iger has been unwinding that 'quality will out' mindset with one which is based on strictly financial metrics.
We contribute to the problem by continuing to visit the parks and hotels. My last park visit was in 2015 and sold my DVC in 2017.
The only thing that will change disney is voting with the wallet.
That means cancelling your next trip and writing Disney a letter saying why you cancelled trip and that you will not be coming back