Despite improved attendance numbers, apples to apples profit numbers reveal that the parks are having their worst years since the 80s. I’m sure the number crunchers up in Burbank have better models than me, but since you asked… the company is now reaping what it has sowed. The 90s were supposed to be the Disney Decade at the Themeparks. Instead we saw cuts in attraction budgets, a reliance on the cheaper (sometimes! remember the expensive mistake that was Light Magic) entertainment, cuts in training, and an across the board slashing of maintenance budgets. Not only has this resulted in death and injury at the theme parks, but it affected Disney brand as the top quality family entertainment vacation destination.
Read More »Themepark Profits Weak (plus a rant!)