As we all know there has been a slow down in the economy. One of the biggest factors is the dollar is very weak. Which makes taking a trip to Disney, "cheap", for foreigners, based upon exchange rates. So one would thing that Disney would feel the economic troubles that many Americans are felling, but would be quite the opposite.
I would bet that if you took a servey, not that you would, you would find the same, if not higher occupancy rates, but with domestic bookings down, with foreign bookings way up!
That might not be exactly correct. When we were there in Sept. '06, the Canadian $ was in the low 80 cent range - when including the built in and credit card fee to convert it back to Canadian dollars, we were paying about 20 cents more per USD for the trip.
For this trip, we're booking it essentially at par - I haven't made the final payment yet, but even the CDN$ at $0.98 (where it has been hovering recently), only makes us pay 5 cents more per USD. BIG difference.
However, AIRFARE isn't nearly as good as two years ago, so a lot of what we gained in the USD dropping, was lost on higher airfares. We came out a little better - I think - this year, but only marginally. And I'm really glad I booked the flight back at the end of April - if I was about to book it now, ANY advantage we would have had over the cost of the last trip would be gone.
Since a large portion of international Disney guests have to fly, those prices may begin to offset the weak USD. Even for Canadians who drive, the cost of gas might be a factor just as much as it is for U.S. guests.
ETA: I should have realized this when initially typing. In my own personal example, this trip to Disney isn't much different in cost compared to two years ago - the increase in actual travel expenses is offset by the lower USD. So, until/if fuel costs increase to the point where the low USD isn't enough to offset that difference, visitors from outside the U.S. are less likely to be deterred from going as opposed to U.S. residents facing much higher travel costs without a currency exchange to compensate.
Ironically, for Canadians anyway, our dollar is apparently regarded as a "resource" currency. I'm not an expert on this, but I know I've read articles on this topic. While there are a lot of factors that go into what our dollar is worth in USD, whenever the price of oil goes up, our dollar often increases in value compared to the USD.
On the other hand, increased oil prices make a big impact on prices for stuff in Canada. So, with increased costs of living (even if global warming goes rampant, we're a long way off from Ontario Oranges or British Columbia Bananas) due to higher costs to import things, that could make it harder for Canadians to afford Disney too.
Really, so many factors go into this. It's hard to say for sure if/when Disney will be hit with significantly lower attendance.