Post realignment to DPEP, Domestic Theme Park margin is actually higher than presented for FY22. DCL has at least operated at a loss until this Fiscal year.
I've been paying in the $775-875 range for round trip flights to Europe post-Covid. Not as good as pre-Covid, but not horrendous. The Belgium trip was the worst, but that was partly because my mom didn't confirm she could go before the price jumped up. A few days earlier it would've been sub $800, instead we wound up with $862.
I saw those prices for Germany but Italy is twice as expensive (probably higher demand?). I got invited by a friend to go to Turkey and flights are $800 round trip. Uh, yeah that's amazing price wise.
And you know this how, exactly?
This is not that hard to imagine. Each person who enters the gates spends (a lot) more than they did not all that long ago, so increased revenue on lower attendance is easy to explain.
Where are you pulling that data from?
TEA / AECOM - and again, in investor calls for some time now - they have noted that attendance has been down. Universal actually jumped to the number 2 slot in 2022 - which means the other parks were really down, both numerically and relatively.
Are you speaking in terms of last year, because Disney purposely limited crowds from precovid times, which is why I belief they dropped in ranking. I haven’t heard the 20% but won’t argue the point, what I will say is that it is not only a Disney thing, regional parks are all going through it currently in Florida and across the country. So I don’t believe it’s that Disney is upsetting customers, just how the markets flowing currently
So the goal was met. Fewer "undesirables" at the parks.
Less people definitely means a better time for the people who go. Sorry but ask anyone if they want to be down there with Christmas week crowds or September crowds and 10 out of 10 will tell you September. It makes a lot of sense when you think about it
And now that attendance is softening, some of them are welcome back through the resumption of new AP sales. The AP population--particularly the local APers--act as a shock absorber for swings in demand.
Disney to my knowledge has never run rides at full capacity year round, i don't know where that notion is coming from
Not necessarily. I think this economy and inflation sucks, and people just have much less expendable income. People are over leveraging themselves with credit card debt, and their interest rates on everything are way up too. This bubble will burst at some point.
So they DO manage ride capacity and always have? It's not too much of a leap of logic to conclude that capacity management is used to maximize Genie revenue. After all, as New Mouse pointed out, if wait times are low, Genie revenue is zero.
It's not if they just started running rides under 100% capacity. There are reasons to not run full boar all the time. 1 being maintenance on rides, if you take a look the most sought after rides are the ones that break down most often, some of that has to do with the complexity of the ride system for sure, but there is also a component of normal wear and tear. 2 running rides at full capacity means having to have more employees running the rides which increases your overhead, something that all companies would take a look at.
Not at all. Genie was just another way to take advantage of the high demand and wring more money out of guests who have already plunked down thousands on tickets and rooms. Otherwise they think they won't be able to ride any attractions.
