Some in the Disney fan base seem to be quite conservative when it comes to Disney park expansion.
I wouldn't call it conservative...I'd call it realistic.
However, Disney knows their numbers. They know that the economy is set to improve in 2011. They also know that without a major new theme park that attendance will remain flat or only increase slightly
Disney's attendance has always done well when the economy does well. This is non-essential leisure spending. Of course they do better when folks have money to burn.
But it's more complicated than that. The more relevant figures are average guest spending. Disney has done an admirable job of maintaining its attendance through the recent financial woes. In fact 2009 attendance was actually UP from 2008 (which is when the bottom fell out of the stock market and the auto industry went bankrupt.)
Attendance has been just great.
The important figure is guest spending which has decreased due to lower spending on non essentials (souvenirs) and the need for Disney to discount room rates in order to fill them.
Guest spending is the holy grail of the theme park industry. Disney would HAPPILY take 10,000 guests per day spending $1000 each rather than 100,000 guests spending $100 each.
A fifth theme park would add tremendous overhead to the equation. It isn't justifiable.
I won't argue the pros and cons of the subject - just know that there will be a major fifth park open at WDW no later than 2018.
Doubt it but you're welcome to come back and say "I told 'ya so" if you're right. If anything, I could see them entering the boutique park market similar to Discovery Cove. But that won't be a traditional "major" park with rides, restaurants and shops. It will be a limited admission destination with unique experiences and high prices.
Count our family as one that would stay longer and visit more frequently if there were more options on Disney property.
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Likewise, I have friends who live in Florida, and I am 100% certain that they would visit more often if there were more attractions.
Nothing wrong with more attractions. In fact that's exactly my point. Disney doesn't want or need a fifth gate to support--they need to expand the existing parks.
The Magic Kingdom has about 29 attractions with yearly attendance of 17 million.
Hollywood studios has 15 attractions (14 if we omit Sounds Dangerous) and 10 million guests.
Animal Kingdom has 12 attractions and 10 million guests.
See the correlation? And note that it's taken over 20 years for DHS to reach 15 attractions--it opened with just 2. It took DAK 12 years go build up to 12 attractions.
Guests shouldn't want to be bused to ANOTHER corner of WDW property to wait on line for ANOTHER half-day experience. The easiest way to increase attendance AND profitability is to expand the current parks.
Disney went 11 years between MK and Epcot...7 years between Epcot and DHS...9 years between DHS and DAK. Now it's been 12+ years with no additional park added and nothing in sight. There's a reason for that--many reasons, actually.
Not gonna happen. Plenty of room for expansion in the current parks. If Disney wants to grow its theme park revenues,
Disneyland Resort, Disneyland Paris and HK Disneyland are all much better candidates for a new park.