CEO Iger recently told investors at the Morgan Stanley Technology, Media, and Telecom Conference that price increases at theme parks had become too aggressive.
Meanwhile, a Star Wars-themed hotel at Walt Disney World is set to close in the coming months because of lackluster demand. Two guests can expect to pay $4,800 for a two-night package at the hotel. Add kids, and prices are just absurd.
Sliding park demand could be due to a combination of an affordability crisis and backlash sparked by Disney’s woke political agenda. We wonder what happens after student loan repayments restart in Sept…