Leaders.com
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
Entertainment

Disney World's attendance dropped over the holiday weekend (Joe Raedle/Getty Images)

By Tyler Hummel Leaders Staff

Tyler Hummel

Tyler Hummel

Tyler Hummel is a news writer for Leaders Media. He was the Fall 2021 College Fix Fellow and Health Care...

Full bio


Learn about our editorial policy

Jul 12, 2023

Disney World Attendance Dips To Record Low Numbers 

This past holiday weekend marked a 10-year-low for attendance at Disney’s Florida resort.

Key Details

  • Travel agencies and analysts are reporting that this year’s July 4 celebration marked one of the least trafficked for Disney World in recent years, The Wall Street Journal reports. 
  • Disney fans visiting the park over the holiday weekend told The Journal that foot traffic was unusually low. 
  • MickeyTravels, a Florida-based travel agency, reports that bookings are down and have shifted towards cruises and European vacations. 
  • Touring Plans, a travel company that tracks waiting times for amusement park rides, says that the average July 4 wait time at Disney World decreased from 47 minutes in 2019 to 27 minutes in 2023, making it the third slowest day this year.   
  • A recent Time2Play poll of 2,000 Disney World enthusiasts found that 92.6% say vacationing at the park is too expensive for average families, with 70% claiming the park has lost its magic, The Washington Examiner reports.

Why It’s Important 

The Disney Corporation has faced severely declining valuations and stresses over the past few years, as previous CEO Bob Chapek was ousted for a year of severe declines and low profitability for the company. Returning CEO Bob Iger has attempted to consolidate the company, increase productivity, and jumpstart safer film projects that are likely to return higher revenues to the company while laying off thousands of employees and curbing remote jobs. 

The company faces multiple ongoing crises, from ongoing legal battles with Florida Governor Ron DeSantis to streaming losses with Disney+ and declining park revenue. The parks have attempted to curb the issue by increasing ticket prices and relying on a smaller number of high-paying customers, increasing multiday ticket prices by 9%, from $255 to $285—reducing the number of customers who can afford tickets.  

A great deal of the problem may come down to Disney fatigue. Under Bob Iger, Disney became the largest studio in Hollywood and owns 27% of the entire film industry—with major franchises including Marvel and Star Wars. Getting caught up in recent culture war battles and relying on relatively safe inoffensive family films is likely contributing to diminishing box office returns. 

Recent films like Indiana Jones And the Dial Of Destiny ($250 million), Elemental ($251.9 million), Ant-Man and the Wasp: Quantumania ($476.1 million), and The Little Mermaid ($543.4 million) have underperformed at the box office on multi-hundred million dollar budgets. 

Home / News / Disney World Attendance Dips To Record Low Numbers 
Share
FacebookTweetEmailLinkedIn

Related Stories

Seattle Takes The Crown For Advanced Tech Talent

by PJ Howland Leaders Staff
Tech

Oct 24, 2023

Seattle tech talent

Seattle has emerged as the metro area with the most advanced tech talent, beating out tech hubs like San Francisco and Silicon Valley.

Key Details

  • According to a new ranking by the Burning Glass Institute, Seattle has the highest proportion of advanced tech workers compared to other cities with similarly sized tech workforces.
  • The ranking evaluated 60 million high-paying, in-demand tech job postings and histories to identify cities with cutting-edge roles like AI and cybersecurity rather than legacy tech positions.
  • With tech giants Amazon and Microsoft headquartered in Seattle, the city edged out the San Francisco Bay Area, Boston, Austin, and Raleigh on the list.
  • The report found that demand for software developers and IT support specialists has declined over the past five years as companies seek more specialized tech talent.

Go deeper

FacebookTweetEmailLinkedIn

More Americans Can’t Keep Up With Car Payments

by Colin Baker Leaders Staff
Loans and Borrowing

Oct 23, 2023

car loans, used cars

A record number of Americans are behind on their car loan payments as higher interest rates and prices weigh on consumers.

Key Details

  • According to data from Fitch Ratings, 6.11% of car loans were at least 60 days delinquent in September, the highest since tracking began in the early 2000s.
  • Some interest rates on used cars can rise to as much as 21%, according to Bankrate.
  • Soaring prices and rising interest rates are squeezing consumers, making it difficult for some to keep up with their auto loans.

Go deeper

FacebookTweetEmailLinkedIn

Chevron Makes $53 Billion Deal Amid Surging Gas Prices

by PJ Howland Leaders Staff
Markets

Oct 23, 2023

Chevron Gas Deal

Chevron is acquiring Hess Corp. for $53 billion, the second significant oil producer acquisition this month as crude prices climb.

Key Details

  • Chevron is purchasing Hess in an all-cash deal worth $53 billion, including debt and preferred stock redemption.
  • This comes just weeks after ExxonMobil announced its $59.5 billion purchase of Pioneer Natural Resources.
  • With oil over $80 per barrel, major producers are using their windfall profits to acquire smaller players and boost payouts to shareholders.
  • Chevron expects the deal to close in H1 2023 pending regulatory approvals and Hess shareholder vote.
  • Hess CEO John Hess will join Chevron's board once the acquisition is complete.

Go deeper

FacebookTweetEmailLinkedIn
nike logo
Company Culture

Oct 20, 2023

Nike to Require More In-Office Days From Employees

by Colin Baker Leaders Staff
blue collar workers
Retirement

Oct 20, 2023

Explaining The ‘C+ Grade’ Retirement Ecosystem in The United States

by PJ Howland Leaders Staff
netflix building
Entertainment

Oct 19, 2023

Netflix Hiking Prices While Adding Millions of Subscribers

by Colin Baker Leaders Staff

Recent Articles

Hiring

Nov 1, 2023

Learn the Winning Answers to the Most Common Phone Interview Questions

Come to your next phone interview fully prepared

Personal Growth

Oct 30, 2023

85 Quotes on Self-Love to Boost Your Self-Esteem

Don’t fall into the trap of harsh self-criticism

Company Culture

Oct 27, 2023

What is a Sabbatical? Your Ticket to Restful Growth and Meaning

Sabbaticals can benefits both employees and businesses

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2025 Leaders.com - All rights reserved.

Search Leaders.com