Disney's financial reports for the 2023 third financial quarter attributed the decrease to lower operating income at our domestic parks. The decrease at Walt Disney World Resort was primarily due to higher costs and lower volumes, the reports read.
People Also Ask
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.
According to InsideTheMagic.com, “Disney's attendance has dropped substantially,” with some attendees reporting impacts at Disneyland and other parks, with Disney World appearing more like a “ghost town” than a thriving tourist destination.
Post Disney Depression is a real thing.It's that blue, miserable, nothing-will-ever-be-magical-again feeling you get after you leave a Disney park or cruise (or, if you're really hardcore, a particularly emotional Disney movie). Colors seem more dull. Food tastes less delicious.
For an alternate theme park: Busch GardensLegoland (Los Angeles) and Dollywood (Tennessee) offer Disney-like immersive experiences for a fraction of the cost, while classics like Hershey Park (Pennsylvania) and Cedar Point (Ohio) tout both nostalgia and adrenaline-packed thrills.
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.
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.
This makes the September/October 2023 a good time to visit. Even once Moana is open, we're actually expecting Walt Disney World to be relatively stable until “late 2024” when Tiana's Bayou Adventure opens. We expect TRON to keeps its virtual queue at least through the end of 2023.
With Walt Disney World, there's so much to know and do in preparing for a trip–a lot of which regulars take for granted as “common knowledge” because it's become second-nature to them. Disneyland is less stressful, more laid-back, and allows for greater spontaneity.
Starting on January 9, 2024, you can visit any theme park without a reservation as long as you have a date-based ticket. A date-based ticket is the standard ticket option and means you've purchased park passes for a specific time frame (whether it's tickets alone or part of a vacation package).
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.
Although Walt Disney World is facing slowing growth, it's still doing extremely well. Compared to pre-pandemic levels in fiscal 2019, Walt Disney World posted 21% higher revenue and 29% higher operating income in Q3 fiscal 2023 (when factoring in accelerated depreciation for the failed Starcruiser project).