Disney Woes
There's lots of factors the contribute to financial woes of companies. Economy is certainly one factor. Bad management decisions is clearly another. And as the cost of going to Disney is going up, far exceeding inflation, the public perception is that they are paying much more and getting less value for their money. Add to this, numerous things that were once included free, were now being charged extra money... Squeezing everything possible opportunity to charge guests more and more for everything. Pay more... get less!
The public perception is seeing exuberant pricing as Disney greed.
The public perception is seeing exuberant pricing as Disney greed.
Then there's the perception that with so many things being eliminated coupled negative changes... That the once wonderful experience of Disney "Magic" is gone. Eventually all this perceived negative impressions will affect park attendance once post covid boom resides. And while everyone is experiencing extreme economic inflation... Disneyflation is 2 -1/2 times the national average... plus extra charges... minus things that have been eliminated... while Disney CEO Bob Chapek walks away with a 44 million dollar paycheck for starting the downfall of Disney. Well... draw your own conclusions... develop your own perceptions. The latest travel estimates concluded that a family of 4, visiting Disney world for 7 days will cost over $6,000 for a basic vacation... $10,000 to make everyone dreams come true. Excessive corporate greed? Or simply making parks guests foot the bill for bad company decisions? Either way... Going to these parks... Paying lots more... getting much less value. The only magic left... It's how much, and how fast, Disney will make your money disappear.
