Disney could open a third resort in Texas and keep DLR and WDW and attendance wouldn't drop significantly at any park. Both resorts have turned off annual pass sells and have extremely high ticket/hotel/food inflation, yet every year the crowds go up. DLR is almost entirely supported locally. The non-locals are people that seek it out or are in LA for other reasons.
A Disneyland Texas would likely mostly be supported by Texans and connecting states, and WDW would by far see the most impact but they have many levers they can pull to recover attendance there.
There is also a big difference in the demand for Disney parks in 2022 than there was in 1971. There was a time when people thought a second theme park in Florida wouldn't succeed, but now there are 3 more plus 2 themed water parks (plus 3 Universal Parks, Seaworld, Discovery Cove, Busch Gardens, Legoland, and Fun Spot all within 45 minutes).
This. Disneyland is like at capacity half the time and theyre raising their ticket prices year over year so they can try and maximize the revenue they generate. People bitch and butch as they pull out their wallet to pony up yet again.
Going to disneyland is not a fucking right stop rewarding that shit.
Their business model has been to be a destination resort since 2001 rather than a local resort/park, and them being sustained mostly by locals has been decreasing. Large crowds, increasing crowds, and even increased ticket prices, does not equal profits. Many businesses have went bankrupt, even though they where always busy because costs where not sustainable by their revenue flow.
Annual passes are only profitable when the guests are spending money inside the park on other things. If annual pass holders are not spending money inside the park, they are costing the company money, not generating a profit. Since they have stopped selling annual passes, it is safe indication that the annual pass holders where not generating the revenue to earn them a profit. They also have done it to help recover the Billions of dollars lost during the pandemic. Disney does not report their amusement park earnings individually so I suspect those billions of dollars lost is all parks together. But It is estimated that it cost $5.49 Million per day to run Disneyland as of 2019, with such costs being substantially higher today. When you start putting operating costs into perspective, their prices are not so extreme. Also keep in mind that they also have to fund future expansions, upgrades, replacement costs, projects, etc to keep them viable.
Disney having another park in Texas would have a much larger negative effect on Disneyland than people realize.
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