Disney World's crowds are getting smaller, signaling that the high entry costs to the theme park as well as competition from other destinations may be taking a toll on attendance, Wall Street Journal reporter Jacob Passy told CBS News.
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From ongoing battles with Florida Governor Ron DeSantis and his board appointees to subscriber losses on its streaming platform, Walt Disney leadership may be wondering if they've unknowingly fallen under a dark curse. And now, to make matters worse, its theme parks are dealing with declining foot traffic.
It's likely due to several variables. One factor is that people may be less interested in theme parks. From what we're seeing with our bookings, that pent-up demand has somewhat transitioned to cruises and Europe, Greg Antonelle, the co-owner of Florida travel agency MickeyTravels, told the Journal.
For Disney, it would mean losing a significant source of revenue, as the company's Florida operations include four theme parks, two water parks, several hotels, and numerous other attractions that draw millions of visitors each year.
PUBLISHED: August 9, 2023 at 3:15 p.m. | UPDATED: August 11, 2023 at 10:51 a.m. Disneyland saw attendance rise during the spring and early summer months and visitor spending increase thanks in part to higher ticket prices, according to the latest Disney quarterly report.
The evidence currently suggests slightly lower-than-normal crowds at Disney this summer compared to the last few years and a return to a more pre-pandemic level of busy.
The Walt Disney World and Disneyland Resorts magic may be waning. The Disney theme parks' wait times are significantly less, indicating that attendance is down, according to new travel analysis reports.
As part of the Q1 2023 earnings call today, Disney CFO Christine McCarthy announced that capacity in peak periods at the Disney Parks has been cut by 20% compared to pre-pandemic, even with attendance up at the Disney Parks.
Most visited amusement and theme parks worldwide 2019-2022In 2022, the United States' Magic Kingdom (Walt Disney World) was visited by over 17 million people, making it the most visited amusement park worldwide.
Disney World Is Quickly Compensating for Low AttendanceAccording to a recent article in The Motley Fool, while the Magic Kingdom and the other theme parks have been losing attendance, it has actually increased costs of Guests across the board and unrolled so many paid-for features to more than make up for it.
Star Wars: Galactic StarcruiserClosing down on September 30, 2023, this is a sad one because it's not coming back. The final Voyage is slated for September 28-30. Bookings are on hold, and the Disney Theme Park is offering those with reservations a 50% discount to move to an earlier date.
Weekdays are less crowded than weekends, especially Monday-Thursdays. On weekends, Sundays are usually less crowded than Saturdays. Regular weekends tend to be less crowded than holiday weekends.
2023 is another exciting year at the Most Magical Place on Earth! With the opening of TRON Lightcycle / Run, the return of Happily Ever After and EPCOT Forever nighttime spectaculars, the kick-off of the Disney 100 celebration in the fall, and more, the magic (and fun) is definitely calling in 2023 and 2024!
Nevertheless, wait times are an imperfect measure of Walt Disney World's crowds, especially if you're comparing current conditions to prior years. Walt Disney World attendance has increased by several million people over the course of the last decade-plus, so the vast majority of days in 2023 will be more crowded than ...
ORLANDO, Fla.- Disney announced Thursday that the company will no longer relocate its Imagineers, cast members, and employees from California to Florida citing changes in new leadership and changing business conditions.